The Croinor Gold technical report shows an estimated Measured and Indicated mineral resource of 903,600 tonnes at an average grade of 6.47 g/t Au for a total of 187,900 ounces of gold, and an estimated Inferred mineral resource of 200,100 tonnes at an average grade of 6.19 g/t Au for a total...Read More
MONTREAL, Sept. 27, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) reports today that it has suspended its operations at the Beaufor Mine due to financial and operational challenges. The mine...Read More
MONTREAL, Sept. 28, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) reported its results today for the fourth quarter and year ended June 30, 2022. Amounts are in Canadian dollars unless otherw...Read More
Monarch reports initial gold assays from its ongoing 2022 McKenzie Break drilling program.Hole MK-22-326A intersects an impressive 5.69 g/t Au over 9.69 m near surface.Other notable high-grade, near-surface intersections include 35.15 g/t Au over 0.95 m (MK-22-327), 16.50 g/t Au over 0.78 m...Read More
Monarch reports both high-grade and widespread gold assays in a fourth set of results from its 2021-2022 Swanson drilling program.Hole SW-22-022 intersected an impressive 7.83 g/t Au over 8.82 m within a much wider zone of 0.99 g/t Au over 237.82 m.Other notable high-grade intersections incl...Read More
Monarch reports high-grade gold assays in a third set of results from its 2021-2022 Swanson drilling program. Hole SW-22-023 intersected an impressive 18.18 g/t Au over 13.5 m along the down-plunge extension of the Swanson deposit, including higher-grade intervals of 117.91 g/t Au over...Read More
MONTRÉAL, Aug. 31, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) announces that it has made the decision to slow down mining operations at its wholly-owned Beaufor Mine, located east of...Read More
The mineral resource estimate shows a Measured and Indicated resource of 903,600 tonnes at an average grade of 6.47 g/t Au for a total of 187,900 ounces of gold, and an Inferred resource of 200,100 tonnes at an average grade of 6.19 g/t Au for a total of 39,800 ounces.The mineral resource wa...Read More
Monarch has received additional high-grade assays from its 2021-2022 underground drilling program that include 37.59 g/t Au over 2.5 m, 29.79 g/t Au over 2.45 m, 21.7 g/t Au over 2.87 m, 10.09 g/t Au over 3.6 m, 418.0 g/t Au over 0.63 m and 67.1 g/t Au over 1.1 m.These results are from...Read More
This first gold bar represents a major milestone for Monarch since its listing in January 2021As of today, a total of 23,914 tonnes of ore averaging 4.76 g/t Au are currently stockpiled, ready to be processed.Monarch will continue to ramp up the production rate at the Beacon Mill and expects...Read More
Monarch reports additional gold assays in the second set of assays received from its 2021-2022 Swanson drilling program.Impressive thicknesses of gold mineralization continue to be intersected to the north and at depth below the current pit shell, with 0.92 g/t Au over 225.25 m (SW-22-010),...Read More
Following the pre-commissioning of the mill with waste rock, Monarch has started processing a 530-tonne batch of ore at its Beacon Mill.A total of 31,079 tonnes of ore averaging 4.76 g/t Au has been mined and 30,549 tonnes are currently stockpiled, ready to be processed.Monarch plans to pour...Read More
Monarch is reporting final assays for its 2021 diamond drilling program, which include high-grade results of 19.12 g/t Au over 1.9 m, 41.0 g/t Au over 0.5 m, 11.9 g/t Au over 1.5 m and 16.7 g/t Au over 0.89 m.The 2021 drilling program expanded the mineralized footprint to 600 metres by 1,100...Read More
Montreal, Quebec--(Newsfile Corp. - June 8, 2022) - Monarch Mining Corporation (TSX: GBAR) invites you to visit them at Booth #2113 at The Prospectors & Developers Association of Canada Convention (PDAC) at the Metro Toronto Convention Centre (MTCC) on Monday, June 13, to Wednesday, June 15, 202...Read More
Monarch has received additional high-grade assays from its 2021-2022 underground drilling program in the Q Zone, which include 122.0 g/t Au over 1.4 m, 20.74 g/t Au over 3.3 m, 83.2 g/t Au over 0.5 m and 18.87 g/t Au over 1.2 m.These results are from the underground drilling program cur...Read More
MONTREAL, May 12, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) reported its results today for the third quarter ended March 31, 2022. Amounts are in Canadian dollars unless otherwise indicat...Read More
MONTREAL, May 16, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) is pleased to announce the appointment of Renaud Adams as a director of the Corporation effective June 30, 2022. Mr. Adams...Read More
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. MONTREAL, April 06, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) is p...Read More
MONTREAL, April 06, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) is pleased to announce the closing of the previously announced transaction with Gold Royalty Corp. (“Gold Royalty ...Read More
MONTREAL, March 29, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) is pleased to announce that it has entered into an agreement with Gold Royalty Corp. (NYSE: GROY) regarding a combination of...Read More