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The Corporation is moving into recruiting mode in preparation for the reopening of its facilities. Before operations were suspended, some 150 people worked at the Beaufor mine and 30 at the Beacon mill. Monarch
Monarch Plans to Restart the Beaufor Mine and the Beacon Mill by June 2022 tennesseedaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tennesseedaily.com Daily Mail and Mail on Sunday newspapers.
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BBA Inc. awarded contract for mineral resource estimate (MRE) on Beaufor Mine gold deposit.
New MRE to incorporate 2020-2021 drill program results and use new and more advanced 3D technology to treat vast amounts of historical data.
Excavation of exploration drift initiated to provide drill bays for testing depth extensions.
Montreal, May 10, 2021 /PRNewswire/ -
MONARCH MINING CORPORATION (
Monarch or the
Corporation ) (TSX: GBAR) (OTCMKTS: GBARF) is pleased to announce that it has awarded the mineral resource estimate (MRE) contract for the Beaufor Mine gold project to BBA Inc.
The Beaufor Mine first entered commercial production in the early 1930 s and over the years has produced over 1.1 million ounces of gold. The mine is currently on care and maintenance, which has given Monarch an opportunity to drill-test targets throughout the mine area. In June 2020, the Corporation initiated a 42,500-metre diamond drilling program to test near-mine tar
Corporation intersects multiple high-grade gold intersections from underground and surface exploration drilling. Best high-grade results include 187.0 g/t Au over 0.5 m, 151.5 g/t Au over 0.5 m and