Monarch Mining Corp. is pleased to announce the results of its annual general meeting of shareholders, which was held today in a virtual-only format. All the nominees listed in the Corporation's management proxy circular dated November 9, 2021, were re-elected as directors. Shareholders holding 37,096,883 shares, or 47.54% of Monarch's issued and [...]
Monarch Mining Corp. announces that it has filed a preliminary short form base shelf prospectus with the securities regulatory authorities in all the provinces of Canada . Monarch has filed this Preliminary Shelf Prospectus to provide the Corporation with greater financial flexibility going forward but has not entered into any agreements or [...]
Company Executives share vision and answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Metals & Mining Investor Conference on December 8th & 9th. Individual investors, institutional investors, advisors, and analysts are [...]
Company Executives share vision and answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Metals & Mining Investor Conference on December 8th & 9th. Individual investors, institutional investors, advisors, and analysts are [...]
High-grade gold mineralization intersected near surface, 200 metres southwest of the current pit shell, with 73.5 g/t Au over 1.35 metres. Gold mineralization intersected up to 100 metres northeast of the current mineral resource estimate, with up to 8.0 g/t Au over 1.0 metres. Results of drilling east of the deposit to fill in larger gaps at 50 m [...]
MONTR?AL, Nov. 22, 2021 -- Monarch Mining Corp. is pleased to announce that it has closed a non-brokered private placement for aggregate gross proceeds of C$5,992,940.70 . The Offering consisted of the issuance of 6,658,823 flow-through common shares of the Corporation at a price of C$0.90 per FT Share. The gross proceeds from the sale of the FT [...]
Monarch has completed a 3D compilation and identified priority drill targets on its Swanson property. A 5,000-metre 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 [...]
Monarch Mining Corp. reported its results today for the first quarter ended September 30, 2021. Amounts are in Canadian dollars unless otherwise indicated. Summary of financial results Quarter ended September 30, 2021 Administration expenses Exploration expenses Gain on disposal of assets 7,690,483 Deferred income and mining taxes Net earnings [...]
Near-mine underground exploration and definition drilling continues to yield multiple high-grade gold intersections. Drilling from the exploration drift at the lowest level of the mine confirmed the continuity at depth of previously mined zones, including 56.91 g/t Au over 0.7 m, 21.6 g/t Au over 1.8 m and 24.5 g/t Au over 0.5 m. In addition [...]
Monarch Mining Corp. is pleased to provide an update on the restart of operations at the Beaufor Mine and Beacon Mill, scheduled to begin in the coming weeks in preparation for the start of mining in 2022. Rehabilitation work at the two sites is being carried out by some 30 employees and more than 120 regular and part-time contractor personnel. The [...]
Results from McKenzie Break's regional exploration drilling program include: 3.93 g/t Au over 2.83 metres , 3.93 g/t Au over 5.45 metres and 1.52 g/t Au over 8.80 metres . All the gold intersections are located 1 km south of the McKenzie Break deposit and are less than 100 m from surface and near an intrusive/volcanic contact, making them [...]
Monarch Mining Corp. reported its results today for the quarter and 232-day period ended June 30, 2021. Amounts are in Canadian dollars unless otherwise indicated. Summary of financial results 232-DAY PERIOD ENDED JUNE 30, 2021 THREE MONTHS ENDED JUNE 30, 2021 Administration 1,761,466 1,176,022 Care and maintenance 2,757,758 1,794,899 Exploration [...]
