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Monarch Gold Corporation T.MQR

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

Comment by locomocoon Aug 04, 2020 8:57am
147 Views
Post# 31359996

RE:The Abitibi Greenstone Belt: One of the World’s Richest Gold

RE:The Abitibi Greenstone Belt: One of the World’s Richest GoldAnd Monarch owns over 350 sq km in Abitibi. Within this huge land package, Monarch owns 100% of Croinor which is 150 sq km and of which only 3% has been explored, yielding so far over 200K ounces of gold. The land is so vast that Monarch has stated in the past they are looking for a partner. Croinor already has mining permits and with $30M Croinor can be put into production. Maybe one of the major miners currently invested in Monarch will partner up on Croinor.
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