An updated mineral resource estimate on the Wasamac gold project indicates a Measured and Indicated resource of 2,587,900 ounces and an Inferred resource of 293,900 ounces, as the bulk of the previous Inferred resource has been upgraded to the Indicated category. Drilling to date shows that the Main Zone is open to the east and at depth. Zones 2 [...]
MONTREAL, Oct. 26, 2017 /CNW/ - MONARQUES GOLD CORPORATION ("Monarques" or the "Corporation") (TSX.V:MQR) (FRANKFURT: MR7) is pleased to announce that it has poured its first gold bar from the Beaufor mine ore since acquiring the mine on October 2, 2017. The gold bar weighs 756 ounces (23.5 kg). "Today Monarques marks a major milestone in its [...]
MONTREAL, Oct. 18, 2017 /CNW/ - Monarques Gold Corp. ("Monarques" or the "Corporation") (TSX-V: MQR) (FRANKFURT: MR7) is pleased to announce that Globex Mining Enterprises Inc. ("Globex") (TSX: GMX) has purchased the 1.5% Net Smelter Royalty (NSR) applicable to Globex's wholly-owned Francoeur/Arntfield gold property. As consideration for the [...]
Monarques' Camflo mill pours its first gold bar from the Lamaque mine ore MONTREAL, Oct. 10, 2017 /CNW/ - MONARQUES GOLD CORPORATION ("Monarques" or the "Corporation") (TSX-V: MQR) (FRANKFURT: MR7) is pleased to announce the signature of a custom milling contract with Eldorado Gold Corp. ("Eldorado") (TSX: ELD; NYSE: EGO) to process ore from the [...]
TORONTO, Oct. 2, 2017 /CNW Telbec/ - Richmont Mines Inc. (TSX: RIC) (NYSE: RIC) ("Richmont" or the "Corporation") confirms that it has closed the previously announced transaction with Monarques Gold Corp. (TSXV: MQR) to acquire Richmont's Quebec based assets including the Beaufor Mine, the Camflo Mill and the Wasamac development project as well as [...]
Monarques becomes a gold producer with the Beaufor Mine and significantly increases its mining assets and gold resources Monarques' new profile A gold producer with the Beaufor Mine (gold production of 19,562 ounces in 2016; source: Richmont 2016 annual report) located in one of the best mining jurisdictions in Canada. A large portfolio of mining [...]
This transformative transaction will position Monarques to become a gold producer Highlights of the main transaction Monarques will acquire all of Richmont's mining assets, properties and claims in Quebec. Monarques will become the owner and operator of the Beaufor mine and the Camflo mill. Monarques to retain Richmont's highly experienced [...]
Hole CR-17-547 intersected 5.22 g/t Au over 3 metres (10 feet) at a depth of 594 metres, including 8.41 g/t Au over 1 metre (3 feet) The best result intersected 10.50 g/t Au over 1.5 metres (5 feet) in a 3.1-metre (10 feet) wide vein at a depth of 341 metres. The new results confirm that the Croinor Gold deposit remains open at depth and along [...]
MONTREAL, Aug. 29, 2017 /CNW/ - Monarques Gold Corp. ("Monarques" or the "Corporation") (TSX-V: MQR) (FRANKFURT: MR7) is pleased to announce that it has been selected for inclusion into the Richmond Club Index which has outperformed the TSX Venture Exchange by an average of 26% each year since inception ten years ago. The Richmond Club screens [...]
The Corporation intercepts multiple gold-bearing zones in the western extension of Diorite A MONTREAL, Aug. 16, 2017 /CNW/ - MONARQUES GOLD CORPORATION ("Monarques" or the "Corporation") (TSX-V: MQR) (FRANKFURT: MR7) is pleased to report the results for the 2,500-metre drilling program on its Simkar Gold property, located approximately 20 [...]
Appointment of Elisabeth Tremblay as Senior Geologist – Communications and Martin Lacaille Dufresne as Geologist MONTREAL, June 21, 2017 /CNW/ - MONARQUES GOLD CORPORATION ("Monarques" or the "Corporation") (TSX-V: MQR) (FRANKFURT: MR7) is pleased to announce that Elisabeth Tremblay, P.Geo., M.Sc., has been appointed to the position of Senior [...]
Primary focus on Croinor Gold and Gold Bug targets MONTREAL, April 27, 2017 /CNW/ - Monarques Gold Corp. ("Monarques" or the "Corporation") (TSX-V: MQR) (FRANKFURT: MR7) is pleased to provide an update on exploration and development activities at the Croinor Gold and Simkar Gold projects. Exploration The Corporation has completed approximately 25 [...]