Hole MK-20-259 intersects 8.46 g/t Au over 13.8 metres, including 132 g/t Au over 0.8 metres. Recent intersection shows continuity, located 50 metres south of the previous intersection of 13.95 g/t Au over 14.35 m. Mineralized envelope continues to expand, with new intersections outside of the limits of the current resource estimate. Results are [...]
36 new map-designated cells totalling 1,940 hectares staked, increasing the size of McKenzie Break property to 169 mineral claims covering 7,070 hectares Recent staking aimed at covering extension of favourable geology and magnetic signature typical of gold mineralization on the property. New property includes priority targets to be added to the [...]
Monarch Mining Corp. is pleased to announce that it has closed the previously announced bought deal private placement for aggregate gross proceeds of approximately C$5,080,000 . The Offering was conducted pursuant to the terms and conditions of an underwriting agreement entered into among the Corporation, Sprott Capital Partners LP and Stifel GMP [...]
Monarch Mining Corp. is pleased to announce that it has entered into an agreement pursuant to which Sprott Capital Partners LP and Stifel GMP as co-lead underwriters and joint bookrunners have agreed to purchase, on a "bought deal" private placement basis 857,143 flow-through common shares of the Corporation at a price of C$1.75 per Quebec FT [...]
Monarch Mining Corp. is pleased to announce an updated mineral resource estimate dated February 1, 2021, for its wholly-owned McKenzie Break project, 25 kilometres north of Val-d'Or. Monarch acquired the McKenzie Break property from Agnico Eagle Mines Ltd. in 2017 and expanded the property in 2020 through additional purchase agreements with local [...]
Updated mineral resource estimate for the Swanson property dated January 22, 2021 Indicated resource of 1,945,000 t at 1.82 g/t Au for 113,800 ounces of gold Inferred resource of 116,000 t at 2.76 g/t Au for 10,300 ounces of gold Represents 9% more gold in the Indicated category and 45% more gold in the Inferred category MONTRÉAL, Feb. 1, 2021 /CNW [...]
Monarch Mining Corp. announces today the successful completion of the previously announced arrangement under the Canada Business Corporations Act pursuant to which Monarch Gold Corp. transferred the Beaufor, Croinor Gold, McKenzie Break and Swanson mineral properties and other assets and liabilities to a newly formed Monarch Mining Corporation [...]
Monarch Gold Corp. announces that the Superior Court of Québec has issued a final order approving the previously announced arrangement governed by the Canada Business Corporations Act pursuant to which Monarch will transfer certain mineral properties and other assets and liabilities to a newly formed Monarch Mining Corporation entity and Yamana [...]
Monarch Gold Corp. announced today that its shareholders and optionholders have approved the resolution authorizing the previously announced plan of arrangement under the Canada Business Corporation Act. Pursuant to the Arrangement, Yamana Gold Corporation will acquire the Wasamac property and the Camflo property and mill through the acquisition of [...]
Monarch Gold Corp. announced today that the Corporation has filed its management information circular and related materials for the annual and special meeting of shareholders and optionholders of Monarch to be held on December 30, 2020 in connection with the proposed arrangement with Yamana Gold Inc. The Transaction As announced on November 2 [...]
Monarch Gold Corp. is pleased to announce that, further to its press release dated November 2, 2020, it has obtained an interim order from the Superior Court of Québec, Commercial Division, with respect to the proposed plan of arrangement with Yamana Gold Inc. The interim order, among other things, authorizes the holding of an annual general and [...]
