Monarch Mining: Invested in Long-Term Value

October 19, 2021

Monarch Mining is a fully integrated mining company that owns four advanced projects

Beaufor Mine

Monarch holds a 100% interest in the Beaufor Mine, which includes two mining leases, a mining concession and 23 mining claims covering an area of 6.91 km². The mine is located about 20 kilometres northeast of the town of Val-d’Or, in the Abitibi-East township, in the Province of Quebec. The Beaufor Mine is an underground mine.

Croinor Gold

Monarch holds a 100% interest in the Croinor Gold property, which consists of one mining lease for a total of 337 claims over a 151.88 km² area. The property is located approximately 55 km east of Val-d'Or (75 km by road) and 27 km east of Louvicourt, the nearest town.

McKenzie Break

Monarch acquired a 100% interest in the McKenzie Break property from Agnico Eagle Mines Limited. The property hosts a high-grade gold deposit that lies just 20 kilometres north of the Beacon mill and 35 kilometres north of Val-d'Or, Quebec. It consists of 169 mineral claims covering a total area of 70.5 km², and is accessible year-round via Route 397 and a gravel road. The property is also about nine kilometres south of the rail link between Barraute and Senneterre.

Swanson Project

Monarch acquired a 100% interest in the Swanson property from Agnico Eagle Mines Limited. The property hosts a gold deposit located 65 kilometres from the Beacon mill and 12 kilometres northeast of Barraute, Quebec. It consists of one mineral lease and 127 claims covering a total area of ​​51.26 km², as well as a 500-metre ramp down to a depth of 80 metres. The property is accessible year-round via Route 367 and a gravel road. A railway track also crosses the property, as does a transmission line.

For more information on Monarch Mining (TSX: GBAR, OTCQX: GBARF) please click the investor request info button.

You might also like

Metals & Mining
CEO Clips - Surge Battery Metals: Driving Lithium Exploration in the U.S.

Surge Battery Metals leads U.S. lithium exploration with its high-grade Nevada North deposit, driving progress in critical mineral development.

Metals & Mining
Surge Battery Metals: Advancing America’s Lithium Supply Chain

Surge Battery Metals is leading lithium exploration with its Nevada North project, critical for securing domestic supply chains and advancing green energy initiatives.

Content Broadcast on: BNN Bloomberg, CNBC, Bloomberg, FOX Business News, BIZTV, Reuters, The Globe and Mail, YouTube and more!