Monarca Minerals Inc. reports that Mr. Paul Ténière has resigned as Director and Interim President and CEO. The Board of Directors would like to thank Mr. Ténière for his contributions to Monarca Minerals. The Board of Directors has appointed Mr. Carlos Espinosa as Interim President and CEO and he will remain as Director. Mr. Espinosa was CEO of [...]
Monarca Minerals Inc. announces that the Company will be extending the exercise period of a total of 55,900,000 share purchase warrants, all of which are exercisable at $0.075 per share . The Warrants were issued pursuant to a private placement which closed on August 20, 2020. The Company proposes to extend the expiry by one year, and accordingly [...]
Monarca Minerals Inc. is pleased to announce positive results from a stream sediment pan concentrate sampling program within its mining concessions at the San José Project in Mexico. Numerous drainages show anomalous values of Au, As, Cu, Pb and Zn. Drainages with anomalous values extend approximately 8 km from near the northern limit of the [...]
Monarca Minerals Inc. reports that Mr. Carlos Espinosa has resigned as President and CEO of the Company effective March 4, 2022. Mr. Espinosa will remain a Director of the Company. The Board of Directors would like to thank Mr. Espinosa for his numerous contributions to date and the Board looks forward to his continued support. The Board of [...]
Monarca Minerals Inc. is pleased to announce that it has received final assays for the last eight drill holes from its Phase 1 San Jose exploration drilling program. The assay results are summarized below in Table 1 and indicate significant Au, Ag, Cu, Pb, Zn and Mo mineralization. Significant Cu and Mo mineralization occurs in some drill holes [...]
Monarca Minerals Inc. is pleased to announce that, in accordance with the Company's long term incentive plan, it has granted an aggregate of 2,250,000 stock options to directors, officers and employees of the Company. Each option is exercisable to purchase one common share of the Company at $0.09 per share for a period of 4 years from the date of [...]
Monarca Minerals Inc. is pleased to announce that it has completed its Phase 1 San Jose exploration RC drilling program with 4,640.6m completed in 15 drill holes. Assay results from 7 of these drill holes are shown below in Table 1 and indicate significant Au, Ag, Cu, Pb and Zn mineralization, with the remaining assay results still pending from the [...]
Monarca Minerals Inc. , is pleased to announce that it has completed an additional two drill holes at its San Jose Project. Michael R. Smith states, "We are pleased to report that two more drill holes, SJ07 and SJ12, have been completed, with significant intersection of skarn mineralization in limestone and intrusives rocks." With the completion of [...]
Monarca Minerals Inc. , is pleased to announce that it has completed an additional three drill holes at its San Jose project. Michael R. Smith states, "We are pleased that drilling at the San Jose Project continues to intersect significant skarn mineralization as drilling progresses to the north." With the completion of an additional three drill [...]
Monarca Minerals Inc. , is pleased to announce that it has completed the first two drill holes at its San Jose project. Michael R. Smith states "We are very excited about the positive results of the San Jose drilling, having demonstrated the existence of significant skarn mineralization". Drill holes SJ01 and SJ03 have been completed - each drill [...]
Monarca Minerals Inc. is pleased to announce that it has obtained an Environmental Permit to complete its planned 5,000 metre drilling program on its San Jose Silver Project in Mexico. Carlos Espinosa, President and CEO of Monarca commented, "We are very pleased that despite several delays due to COVID-19 restrictions in Mexico, we have obtained [...]
Monarca Minerals Inc. is pleased to announce the Company will hold its Annual General and Special Meeting of Shareholders on June 22, 2021 at 10:00 a.m. , for the following purposes: to receive the audited consolidated financial statements of the Company for the years ended November 30, 2020 and 2019 together with the report of the auditors [...]