Monarch Mining Corporation (TSX:GBAR)

Discussion in 'Canadian Stocks Message Boards' started by Dan Thunderbolt, Jan 30, 2021.

  1. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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  2. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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  3. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    Monarch Confirms The Continuity Of High-Grade Zones At Depth On Its Beaufor Property, Intersecting 56.91 G/T Over 0.7 M (2.30 Ft), 21.6 G/T Over 1.8 M (5.85 Ft) And 24.5 G/T Over 0.5 M (1.64 Ft)
    November 1, 2021
    https://www.monarchmining.com/news-...1-8-m-5-85-ft-and-24-5-g-t-over-0-5-m-1-64-ft

    Monarch continues to prepare for the restart of operations at the Beaufor Mine and Beacon Mill by June 2022.

    “The results of this phase of drilling at depth have confirmed the continuity of the Q gold zone at depth, as well as new intervals in the S gold zone, located approximately 100 metres below the Q zone,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarch. “Although preliminary, this drilling appears to demonstrate that the Beaufor Mine remains open at depth and continues to have excellent discovery potential, hence the possibility of increasing the mine's resources.”
     
  4. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    Monarch Mining (GBAR) - CEO Jean-Marc Lacoste - Gold in Val d'Or
    9 November 2021

    Monarch Mining is in the process of restarting the Beaufor Gold Mine, a past producer, situated in Val d'Or, Quebec and has gold resources of 479k ozs. in the M&I category. Monarch is refurbishing the Beacon Mill which is also located in Val d'Or and will be operating before year-end. Monarch Mining has an exploration property, McKenzie Break, and is also advancing the fully-permitted and past producer, Croinor Gold Mine.

    Agenda
    00:00 Intro
    00:50 Significance of name
    02:05 Formation Monarch Mining
    05:00 Overview Beaufor Mine
    07:59 Exploration Beaufor Mine
    09:58 Depth Potential Beaufor Mine
    12:06 First Gold Pour?
    12:48 Overview Beacon Mill
    14:50 Overview McKenzie Break
    16:36 Overview Croinor Gold Mine
    17:53 Balance Sheet
    19:26 Pension Funds Investments
    21:25 What are Majors Looking For?
    23:24 Share Structure
    25:26 Upcoming News-flow
    26:33 Conclusion

     
  5. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    Monarch Mining Starts 5,000-Metre Exploration Drilling Program On Swanson
    November 16, 2021
    https://www.monarchmining.com/news-...metre-exploration-drilling-program-on-swanson
    • Monarch has completed a 3D compilation and identified priority drill targets on its Swanson property.
    • A 5,000-metre (17-hole) drilling program will start later this month with a focus on exploration targets near the Swanson deposit and the outer limits of the current mineral resource envelope.
    • Historical intersections in the deposit include intervals as high as 6.06 g/t Au over 24.39 m.
    • Swanson is one of Monarch’s three currently active drilling projects, with Beaufor and McKenzie Break.
     

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