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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 rideitouton Aug 30, 2020 2:01pm
163 Views
Post# 31476952

RE:RE:RE:RE:Wasamac - option utilizing Glencore’s Kidd concentrator

RE:RE:RE:RE:Wasamac - option utilizing Glencore’s Kidd concentratorI would agree locomoco, that Malartic IS the better choice, given that Yamana has vested interest into MQR and that MRQ will be able to produce product on a faster timeline, much sooner than the proposed 2023 with Glencore's Kidd Creek mill (and cheaper too).
I cannot find any info regarding costs associated with this route, or if there was ever a study. What is interesting is that Agnico Eagle and Yamana, each have an indirect and direct 50% ownership interest in the partnership. I believe that mill has a 55,000 tons/day operational capacity, one of the  

I suppose we will have to wait until October to see what the KIDD CREEK option indicates. 

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