The Camflo mill will process the ore from the Vezza mine
MONTREAL, Dec. 7, 2017 /CNW/ - MONARQUES GOLD
CORPORATION ("Monarques" or the "Corporation") (TSX.V:MQR) (OTCMKTS:MRQRF) (FRANKFURT:MR7) is pleased to announce that
it has entered into a custom milling contract with Nottaway Resources Inc. ("Nottaway") to process ore from the Vezza mine at the
Camflo mill. The contract covers at least 15,000 tonnes of ore per month, for at least 180,000 tonnes in 2018.
"We are delighted to have Nottaway Resources as a new client for 2018," said Jean-Marc Lacoste,
President and Chief Executive Officer of Monarques. "This contract will provide us with stable revenue flow from the Camflo mill
in 2018 and fits perfectly with our goal of increasing the profitability of our operations."
The technical and scientific content of this press release has been reviewed and approved by Marc-André Lavergne, Eng., the
Corporation's qualified person under National Instrument 43‑101.
ABOUT MONARQUES GOLD CORPORATION
Monarques Gold Corp (TSX-V: MQR) is an emerging gold producer focused on pursuing growth through its large portfolio of
high-quality projects in the Abitibi mining camp in Quebec, Canada. The Corporation currently
owns more than 240 km² of gold properties (see map), including
the Beaufor Mine, the Croinor Gold (see video) and Wasamac advanced projects, and the Camflo and Beacon mills, as well as six promising exploration
projects. It also offers custom milling services out of its 1,600 tonne-per-day Camflo mill. Monarques enjoys a strong financial
position and has more than 150 skilled employees who oversee its operating, development and exploration activities.
Forward-Looking Statements
The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may
cause Monarques' actual results, performance and achievements to be materially different from the results, performance or
achievements expressed or implied therein. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press
release.
SOURCE Monarques Gold Corporation
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