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 potential resources in proximity to the histori
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