Monarques Gold Corp. is pleased to report its results for the first quarter ended September 30, 2018. Amounts are in Canadian dollars unless otherwise indicated. Highlights of the quarter Revenues of $7.8 million in the first quarter from the sale of 3,272 ounces of gold combined with revenue from custom milling, which grew by 16% during the [...]
Corporation to list its common shares on the TSX on November 15, 2018 Monarques Gold Corp. is pleased to announce that it has received final approval for the listing of its common shares on the Toronto Stock Exchange . Monarques' common shares will commence trading on the TSX on November 15, 2018, continuing to trade under the symbol MQR. To ensure [...]
Fourth-quarter revenues of $10.0 million, with a 31% quarter-over-quarter increase in custom milling revenues. The Wasamac feasibility study is ongoing, with the Corporation expecting to release the results in early December. The Corporation has created a confidential virtual data room to provide access for parties that have expressed an interest [...]
Numerous new discoveries made during the regional exploration program surrounding the past-producing Monique Mine, five kilometres east of the New Beliveau Resource. Near surface discovery grading 24.8 g/t Au over 2.2 metres within a larger zone of 5.9 g/t over 10.5 metres, located 400 metres northwest of the Former Monique Open Pit. Near-surface [...]
The Corporation will graduate from the TSX Venture Exchange to the Toronto Stock Exchange by December 30, 2018 Monarques Gold Corp. is pleased to announce that it has received the conditional approval of the Toronto Stock Exchange to list the Corporation's common shares on the TSX. Listing of the common shares is subject to compliance with all of [...]
Monarques Gold Corp. is pleased to announce that it acquired a 2% net smelter royalty on the Chimo-Boyd claims in exchange for the issuance of 170,000 common shares of Monarques at a price of $0.28 per share and a cash payment of $8,400. On September 10, 2018, Monarques announced the sale of its remaining interest in the Chimo property to [...]
Continuous strong results warrant an additional 8,300 metres of drilling MONARQUES GOLD CORPORATION is pleased to report additional assay results from the 2018 diamond drilling 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 and focused on the [...]
The feasibility study will indicate that the Wasamac deposit will be mined using a top-down rather than a bottom-up sequence. The initial parameters include a planned production rate of 6,000 tonnes per day, access to the deposit via twin ramps and the use of the Rail-Veyor transport system. The project includes many large intersections that were [...]
Goal is to increase the 165,608-ounce pit-constrained/underground gold resource Monarques Gold Corp. is pleased to announce the start of a new 8,350-metre diamond drilling program on its wholly-owned McKenzie Break gold property, located 25 kilometres north of Val-d'Or, near Monarques' Camflo and Beacon mills. Drilling started on September 13 with [...]
Chalice to issue 3 million shares and grant Monarques a total 0.5-2.5% NSR royalty Monarques Gold Corp. is pleased to announce that it has sold its 30% interest in the Chimo property to Chalice Gold Mines Ltd. in consideration of 3 million fully-paid ordinary Chalice shares and a net smelter return royalty of 0.5-1.5% . Chalice is entitled to buy [...]
Drilling confirms grades for planned bulk sampling areas and continues to expand the deposit at depth and to the west Monarques Gold Corp. is pleased to report additional assay results from the 2018 diamond drilling program at its wholly owned Croinor Gold project 50 kilometres east of Val-d'Or, Québec. The 20,000-metre program started in [...]
Production activities at the Beaufor Mine will be temporarily suspended as of December 14, 2018, and the mine will be placed on care and maintenance. The Corporation will continue its exploration activities at the Beaufor Mine in order to increase its gold resource over the longer term, given the many high-grade results obtained since the end of [...]
