Part of Facebook post by company Black Tusk wants to find out if Monarch's adjacent McKenzie Break deposit continues onto Black Tusk's side of the border. "Monarch's McKenzie Break has a proven resource and they have been hitting some incredible numbers. It's been coming up on trend with what we're seeing in all the sampling that we've done," said Roman Rubin, Black Tusk's CFO and a director of the company.
"What we want to do is prove up that the same deposit as Monarch's is on our ground; Monarch actually expanded its land package to touch ours. By drilling, we are looking to see if that resource is actually much bigger and is underneath us as well," Rubin explained.
Geologist Dr. Mathieu Piche, a director of Black Tusk who has also done work for both Monarch and a company on the other side of Black Tusk's property, "believes that the same trend on those two properties carries through our property. Hopefully we can prove that we are right in the middle," Rubin said.
Yamana's CA$200 million takeover of Monarch was "one of the biggest acquisitions in Val-d'Or in 2020, if not the largest," Rubin explained.