Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Nextech3D.ai Announces First New Customer Win For its AI Powered Photography Studio (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Monarch Mining Corp T.GBAR


Primary Symbol: GBARF

Metals & Mining Gold
Monarch Mining Corporation is a Canada-based is a gold mining company. The Company owns three projects, such as the Beaufor, McKenzie Break, and Swanson projects. It holds a 100% interest in the Beaufor Mine, which is on care and maintenance. The property consists of two mining leases, a mining concession and approximately 23 mining claims covering an area of 5.9 square kilometers (km2). The McKenzie Break property covers 7,848 hectares (78.5 km) and is located 20 kilometers north of the Beacon Mill and 10 kilometers (km) south of the town of Barraute, Quebec. The Swanson property consists of a mining lease plus a total of 129 claims covering an area of 5,211 ha. The property lies 65 km northeast of Val-d'Or and just 50 km north of Monarch's wholly owned 750 tpd Beacon mill. The Company owns 14,316 hectares of mining assets in the prolific Abitibi mining camp that hosts a combined measured and indicated gold resource of 478,982 ounces and a combined inferred resource of 383,393 ounces.


OTCPK:GBARF - Post by User

Monarch Mining Corp
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(41)
•••
Post by loonietuneson Aug 11, 2022 7:48pm
270 Views
Post# 34890107

Excerpt from Stockwatch Gold-Today

Excerpt from Stockwatch Gold-Today

Jean-Marc Lacoste's Monarch Mining Corp. (GBAR) lost one-half cent to 42.5 cents on 169,000 shares. This follows Wednesday's six-cent drop and Tuesday's three-cent decline. Monarch, 54 cents at one point Monday, has struggled since revealing its resource update for Croinor, east of Val d'Or in Quebec. The company has 904,000 tonnes measured and indicated at 6.47 grams of gold per tonne and 200,000 tonnes inferred at 6.19 grams per tonne, a total of 227,700 ounces of gold.

Investors had been expecting more. The previous, historical estimate listed Croinor with 805,000 tonnes measured and indicated at 9.12 grams of gold per tonne and 161,000 tonnes inferred at 7.42 grams per tonne -- a total of just under 275,000 ounces of gold.

© 2022 Canjex Publishing Ltd. All rights reserved.

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities