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Bullboard - Stock Discussion Forum 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 Discussion

Monarch Gold Corporation > Beaufor Mine
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Post by locomoco on Aug 10, 2020 10:41am

Beaufor Mine

Been awhile since drilling started on Beaufor around June. We should be hearing about progress soon on expanding resources with higher grade targets. MQR targeting Q1 2021 for restarting Beaufor. At POG well above $2000 by then, Beaufor will generate over $20 CAD annual cash flow at least.
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