Monarch Gold Corporation is pleased to announce the resumption of diamond drilling at its wholly owned Croinor Gold property, 50 kilometres east of Val-d'Or. Before being suspended due to the winter freeze, the 2018 diamond drill program enabled Monarch to extend the limits of the deposit, returning numerous intersections with high grade gold [...]
Strong performance with a net income of $2.2 million MONARCH GOLD CORPORATION reported its results today for the second quarter ended December 31, 2018. Amounts are in Canadian dollars unless otherwise indicated. Highlights Second quarter revenues of $11.4 million from the sale of 5,169 ounces of gold combined with revenue from custom milling [...]
Mr. Séguin brings vast knowledge and expertise in mining company financing and mergers and acquisitions MONARCH GOLD CORPORATION is pleased to announce the appointment of Mathieu Séguin, CFA, as Vice President, Corporate Development. Mathieu Séguin has been an investment banker since 2002, with a focus on small and [...]
2018 drilling program increases the size of the Croinor Gold deposit, which remains open in all directions Highlights from the additional 6,645-metre diamond drill program: Hole CR-18-685: 17.26 g/t Au over 1.95 metres, incl. 50.10 g/t Au over 0.60 metres Hole CR-18-676: 10.33 g/t Au over 1.75 metres, incl. 25.40 g/t Au over 0.65 metres Hole [...]
Production activities at the Beaufor Mine extended until April 2019, taking place in known stopes with a smaller workforce Sustained positive contribution of custom milling at the Camflo mill During the quarter, successfully completed a positive feasibility study on its Wasamac deposit , which can be summarized as follows: Projected annual average [...]
Monarques Gold Corp. is pleased to announce the results of its annual general and special meeting of shareholders, which was held today at the Sheraton Laval in Laval, Quebec. All of the nominees listed in the Corporation's management proxy circular dated December 6, 2018, were re-elected as directors. A total of 120 shareholders were represented [...]
Continuous positive assay results from initial drilling program on the Croinor Gold deposit Monarques Gold Corp. is pleased to report additional positive assay results from the 2018 diamond drill program at its wholly owned Croinor Gold project 50 kilometres east of Val-d'Or, Québec. The initial 20,000-metre program started in March 2018 [...]
https://youtu.be/0QO0RR8cTos The View from the C-Suite video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest View from the C-Suite videos visit [...]
Jean-Marc Lacoste, President and Chief Executive Officer, Monarques Gold Corp. , joined Rob Peterman, Vice-President, Global Business Development, Toronto Stock Exchange & TSX Venture Exchange, to open the market. Monarques Gold is an emerging gold mining company focused on pursuing growth through its portfolio of projects in the Abitibi mining [...]
Monarques Gold Corp. is pleased to report that it has consolidated its position around its Wasamac property through an exchange of mineral claims with Globex Mining Enterprises Inc. . The transaction has enabled Monarques to extend the eastern part of the Wasamac property by 16 additional claims and the western part of the property by an [...]
Monarques Gold Corp. is pleased to announce that it has closed a non?brokered private placement of an aggregate of 3,029,606 flow?through shares at a price of $0.33 per FT Share, for aggregate gross proceeds of $999,769.98. The aggregate gross proceeds of the Offering will be used by the Corporation to incur exploration expenses on its mining [...]
Feasibility study highlights: Solid output: Annual average gold production of 142,000 ounces over 11 years. High return: Pre-tax internal rate of return of 23.6%, net present value of $522 million and payback period of 3.6 years. Low production cost: Production cash costs of $720/oz and all-in-sustaining costs of $826/oz . CAPEX: Initial capital [...]
