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Monarch awards Beaufor resource estimate contract to BBA - Canadian Mining Journal


Monarch awards Beaufor resource estimate contract to BBA
May 10, 2021
Commodities
The Beaufor gold mine 20 km north of Val d’Or, Que. Credit: Monarch Mining.
Monarch Mining (TSX: GBAR) has awarded the contract for a new resource estimate at the Beaufor gold mine to BBA. The mine, located 20  km north of Val d’Or, Que., produced over 1.1 million oz. of gold and Monarch says it still has strong exploration potential.
Monarch suspended production at Beaufor in June 2019, and the following May, the company sold a 3% net smelter return on production to raise $5 million and start a 42,500-metre drilling program. The program tested underground high grade intervals and isolated resource blocks, near surface targets, targets below the current mine workings, and regional exploration targets. ....

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Maritime Resources Corp.: Maritime Resources Announces Hammerdown Gold Project Release from Environmental Assessment


Maritime Resources Corp.: Maritime Resources Announces Hammerdown Gold Project Release from Environmental Assessment
Toronto, Ontario (Newsfile Corp. - May 10, 2021) -
Maritime Resources Corp. (TSXV: MAE) ( Maritime or the Company ) is pleased to announce that the Newfoundland and Labrador Environmental Assessment Division has released the Hammerdown Gold Project ( Hammerdown or the Project ) from Environmental Assessment. Hammerdown is located in the Baie Verte mining district near the towns of King s Point and Springdale.
The proposed Project consists of the construction, operation, decommissioning and remediation of an open pit and underground gold mine, an on-site crushing and sorting plant and associated infrastructure located on the footprint of a brownfield mine site. Final mineral processing to gold dore would occur offsite at the Nugget Pond gold circuit, approximately 140 km by highway from the Hammerdown project site. Maritime recently announced the pu ....

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