Bullboard - Stock Discussion Forum Monarch Gold Corporation T.MQR

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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.

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Monarch Gold Corporation > Private placement

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Post by RevT79 on Aug 25, 2020 8:27am

Private placement

That must be why we haven't seen those drill results yet!
They where waiting for sprott deal to go true.....
is that even legal?
good news anyway!
hopefully we get talk about on sprott weekly wrap up!

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Comment by locomoco on Aug 25, 2020 9:17am

Great news on private placement with Sprott Capital. Monarch is continuing to get attention. Drill results on Swanson and Beaufor next. IMO, I think results on the 43k metre drilling on Beaufor to expand resources will be surprising. Recall, Beaufor is still very shallow in comparison to other mines in Abitibi. They are drilling deeper for higher grade gold to increase resources for at least ...more

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