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Monarch Mining Corp T.GBAR


Primary Symbol: GBARF

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.


GREY:GBARF - Post by User

Post by PressReleaseon Jun 16, 2022 7:35am
55 Views
Post# 34760513

New Press Release - Monarch Continues Underground Drilling at the Beaufor Mine; Recent Results From the "Q Zone" Include 122.0 g/t Au Over 1.4 m, 20.74 g/t Over 3.3 m, 83.2 g/t Over 0.5 m and 18.87 g/t Over 1.2 m

New Press Release - Monarch Continues Underground Drilling at the Beaufor Mine; Recent Results From the "Q Zone" Include 122.0 g/t Au Over 1.4 m, 20.74 g/t Over 3.3 m, 83.2 g/t Over 0.5 m and 18.87 g/t Over 1.2 m
Monarch has received additional high-grade assays from its 2021-2022 underground drilling program in the Q Zone, which include 122.0 g/t Au over 1.4 m, 20.74 g/t Au over 3.3 m, 83.2 g/t Au over 0.5 m and 18.87 g/t Au over 1.2 m.These results are from the underground drilling program currently...read article.
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