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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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Monarch Intersects High-Grade Gold on its Beaufor Property, Including 187.0 G/t Au Over 0.5 M (1.64 Feet) and 151.5 G/t Au Over 0.5 M (1.64 Feet)


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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 147.5 g/t Au over 0.3 m.
Monarch has initiated Phase 2 of the surface drilling program to follow up on the recent near-surface results.
The 42,500-metre drilling program is ongoing, with four drills underground and one on surface.
MONTREAL, April 29, 2021 /PRNewswire/ -
 MONARCH MINING CORPORATION (
Monarch or the 
Corporation ) (TSX: GBAR) (OTCMKTS: GBARF) is pleased to announce additional results from its 2020-2021 42,500-metre exploration diamond drilling program on its wholly-owned Beaufor Mine gold project, located 20 kilometres east of Val-d Or, Québec. The results include several high-grade assays, including 187.0 g/t Au over 0.5 m, 151.5 g/t Au over 0.5 m and 147.5 g/t Au over 0.3 m, as Monarch continues to test for ....

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