Monarch Gold Corp. is pleased to announce that it has closed the previously announced bought deal private placement for aggregate gross proceeds of approximately C$13 million . The Offering was conducted pursuant to the terms and conditions of an underwriting agreement entered into among the Corporation, Stifel GMP and Sprott Capital Partners LP [...]
Detailed magnetic survey over the property identifies fold structures similar to the one hosting the Camflo stock and mineralization. Preliminary compilation of drill hole data identifies a syenite intrusion 800 metres southeast of the Camflo orebody. Monarch awards contract to InnovExplo to develop a drill hole database and 3D digital model for [...]
Significant silver mineralization was identified in the Wasamac gold property shear zone during the 2012 drilling and resampling programs. Silver mineralization is associated with the gold-rich sections. The best silver values included 7.01 g/t Ag over 75.9 metres and 10.72 g/t Ag over 10.2 metres . The economic analysis did not account for silver [...]
Monarch Gold Corp. is pleased to announce that as a result of the strong demand for its previously announced Offering, it has entered into an amended agreement pursuant to which Stifel GMP and Sprott Capital Partners LP as co-lead underwriters and joint bookrunners have agreed to purchase, on a "bought deal" private placement basis: 6,945,000 [...]
Monarch Gold Corp. is pleased to announce that it has entered into an agreement pursuant to which Stifel GMP and Sprott Capital Partners LP as co-lead underwriters and joint bookrunners have agreed to purchase, on a "bought deal" private placement basis: 4,870,000 flow-through units of the Corporation at a price of C$0.72 per Quebec FT Unit, and [...]
OTC Markets Group Inc. , operator of financial markets for 10,000 U.S. and global securities, today announced Monarch Gold Corp. , a gold exploration company, has qualified to trade on the OTCQX® Best Market. Monarch Gold Corp. upgraded to OTCQX from the Pink® market. Monarch Gold Corp. begins trading today on OTCQX under the symbol "MRQRF." U.S [...]
Monarch Gold Corp. is pleased to announce that the Corporation has qualified to trade on the OTCQX® Best Market. Monarch upgraded to the OTCQX market from the Pink® market. Monarch begins trading today on OTCQX under the symbol "MRQRF". U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on [...]
Highest single assay result on the McKenzie Break property: Bonanza grade of 311 g/t Au over 0.5 metres. More than 115 grains of visible gold throughout the 14.35 m intersection. Impressive results over a large section in hole MK-20-255 confirm the continuity of the mineralized zone below and to the south of the current resource. Best results from [...]
The agreement will allow negotiation of a favourable rate for the transportation of ore from the Wasamac gold project to the Kidd concentrator under the MOU with Glencore Canada. The Ontario Northland Railway serves northern Ontario and northern Quebec, running directly past Wasamac to end its route at Rouyn-Noranda, after which the line becomes CN [...]
Ausenco to conduct an upgrading study on the Kidd concentrator in connection with the Wasamac gold project Study constitutes Phase 1 of MOU between Monarch and Glencore Canada Study results expected by October 2020 Monarch Gold Corp. is pleased to announce that it has retained Ausenco Engineering Canada Inc. to conduct an upgrading study on the [...]
Camflo gold property to be included in Monarch's pipeline of six advanced gold projects totalling 3.2 million ounces of measured and indicated gold resources Property lies on the land of Monarch's fully permitted Camflo mill Neighbouring properties include the Agnico/Yamana Canadian Malartic joint venture, Quebec's largest gold producer [...]
Mr. Bouchard to contribute his solid technical and operating knowledge as a representative for Yamana Gold Monarch Gold Corp. is pleased to announce the appointment of Yohann Bouchard as a director of the Corporation. Mr. Bouchard is currently Senior Vice President, Operations of Yamana Gold Inc. He joined Yamana in October 2014. Mr. Bouchard has [...]