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Monarch Gold Corporation T.MQR

Metals & Mining Industrial Metals & Minerals
Monarch Gold Corp is a Canada-based exploration-stage company. It is engaged in the acquisition and exploration of gold mining properties. Its main activities are located in the province of Quebec, Canada. The corporation holds an interest in gold properties including the Beaufor Mine, Camflo Mill, Croinor Property, Beacon Mill, Wasamac, and McKenzie Break among others.


TSX:MQR - Post by User

Monarch Gold Corporation > Potential of Camflo
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Post by locomocoon Aug 02, 2020 9:38am
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Post# 31355156

Potential of Camflo

Potential of Camflo

Can't help but wonder what potential lies at Camflo. Not much has been explored on the Camflo site since 1992. It is 5km from Canadian Malartic Mine, which is the largest open pit mine in Canada. What is interesting is Yamana jointly operates Malartic Mine and also has a top exec sitting on Monarch Board of Directors with recent investment into Monarch. IMO, we may hear of active partnership with Yamana on exploring Camflo as well as maybe Croinor. If this happens it maybe a sign of things to come in Monarch eventually being bought by Yamana. Yamana can easily buy Monarch with the continued increase in POG. Yamana can issue stock for Monarch.



 


 

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