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Monarch Awards Contract for Beaufor Mine Mineral Resource Estimate to BBA Inc.


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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 pr ....

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