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Monarques Gold: $25M Acquisition Becomes $522M Gold Project

Stockhouse Editorial
0 Comments| December 3, 2018

Gold producer Monarques Gold Corp. (TSX:V.MQR, OTCQB:MRQRFForum) 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.

For more on this news, click here.

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. 

FULL DISCLOSURE: Monarques Gold Corp. is a paid client of Stockhouse Publishing.


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