Read the last line carefully.... "the trend is still open to the southeast"...... that's where $TUSK is!!
MONARCH GOLD INTERSECTS 13.95 G/T AU OVER 14.35 METRES (47.1 FEET) AT MCKENZIE BREAK
Monarch Gold Corp. has released significant high-grade assay results from its winter/spring diamond drilling program on its wholly owned McKenzie Break gold project, located 25 kilometres north of Val d'Or, near Monarch's Camflo and Beacon mills. The project straddles the eastern extension of the prolific Destor-Porcupine Break. The drilling program, which was initiated in March and suspended due to COVID-19 restrictions, was completed in May, with a total of 1,896 metres drilled in four holes. Assay results have been received for all four holes in the central part of the now-enlarged McKenzie Break property (see press release dated Feb. 27, 2020). The purpose of the diamond drilling program was to continue expanding the new zone based on positive results from the 2018 and 2019 diamond drilling programs (see press releases dated Feb. 28, 2019, March 13, 2019, March 20, 2019, Jan. 8, 2020, Feb. 6, 2020, and Feb. 26, 2020). The newly defined mineralized zone, which now measures in excess of 150 metres by 150 metres, is located to the east of Monarch's current resource estimate.
All four holes of the latest program intersected mineralization at the targeted depth, with most containing visible gold. Impressive results from hole MK-20-255 indicate the continuity of the No 12 vein and the discovery of a new vein system at depth. The initially targeted No. 12 vein returned 13.95 grams per tonne gold over 14.35 metres, including an impressive 311 g/t Au over 0.5 metre. Below this zone, a newly identified gold-bearing zone returned 27.15 g/t Au over 2.0 metres and 4.46 g/t Au over 5.3 metres, indicating potential for additional stacked veins. This hole, MK-20-255, is 50 metres southwest of hole MK-19-251, which returned 7.04 g/t Au over 6.0 metres, including 25.92 g/t Au over 1.0 metre, and 50 metres west from hole MK-19-250, which returned 10.50 g/t Au over 11.0 metres. Drilling continues to demonstrate strong lateral continuity tested to a vertical depth of less than 400 metres. These holes confirm the continuity of the zone and the increase in grade toward the southeast. The zone is still open to the south and east.
Hole MK-20-253 was drilled 50 metres southwest of hole MK-19-249, which returned 5.28 g/t Au over 13.7 metres, and 50 metres southeast of hole MK-19-241, which returned 26.78 g/t Au over 2.1 metres, including 56.51 g/t Au over 0.5 metre. Hole MK-20-253 returned 5.34 g/t Au over 7.2 metres, including 23.60 g/t Au over 1.0 metre. The triangulation of these holes, coupled with the holes mentioned in the above paragraph, confirms the gold mineralization trend in this sector of the property. The trend is still open to the south and southeast.