Gold producer
Monarques Gold Corp. (TSX:V.MQR, OTCQB:MRQRF, Forum) released its feasibility study on Monday on its Wasamac Gold project, located 15 km west of Rouyn-Noranda, in Abitibi, Québec. The mine is expected to produce 142,000 ounces of gold over 11 years.
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Last week, the Company reported its first quarter results, ending September 2018, where its revenues were $7.8 million from the sale of 3,272 ounces of gold combined with revenue from custom milling, which grew by 16% during the quarter.
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