Monarch Reports Its Results for the Fourth Quarter and Year Ended June 30, 2023
MONARCH MINING CORPORATION (TSX: GBAR) (OTCQB: GBARF) reported its results for the fourth quarter and year ended June 30, 2023. Amounts are in Canadian dollars unless otherwise indicated. Summary of financial results (In dollars …
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READ MORESeptember 30, 2023
Monarch Signs Royalty Buyback Option Agreement With Gold Royalty
MONARCH MINING CORPORATION (TSX: GBAR) (OTCQB: GBARF) has entered into a royalty buyback option agreement with Gold Royalty Corp. regarding the McKenzie Break, Swanson and Croinor properties. Monarch will have the right, exercisable for a …
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READ MOREJuly 24, 2023
Monarch Expands Size of McKenzie Break to 1,100 m by 700 m With Latest Drilling Results
Monarch reports gold assays for the remaining 16 drill holes of its 2022 McKenzie Break drilling program. Hole MK-22-349 intersects 1.26 g/t Au over 23.6 m, followed by another broad zone 47 metres down the hole with …
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READ MOREJuly 12, 2023
Monarch Continues to Intersect Broad Zones of Mineralization on Swanson, With 0.65 g/t Au Over 193.4 M (634.5 ft) Including 7.55 g/t Au Over 4.05 M (13.3 ft)
Monarch reports gold assays from the remaining six drill holes totalling 2,140 metres of its 2021-2022 Swanson drilling program. Hole SW-22-029 intersected a wide mineralized zone of 193.4 m at 0.65 g/t Au, with several …
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READ MOREMay 24, 2023
Monarch Continues to Expand Size of McKenzie Break With Latest Drilling Results, Including 1.77 g/t Au Over 31.0 m (101.7 ft)
Monarch reports gold assays from 13 drill holes of its 2022 McKenzie Break drilling program. Hole MK-22-348 intersects an impressive 1.77 g/t Au over 31.0 m, including a higher grade section of 2.83 g/t Au …
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READ MOREMay 9, 2023
Monarch Announces the Closing of a First Tranche of $1 Million of a $1.5 Million Flow-Through Private Placement
MONARCH MINING CORPORATION (TSX: GBAR) (OTCQB: GBARF) announces the closing of the first tranche of a non-brokered private placement for total gross proceeds of $999,997.15. The Offering consisted of the issuance of 7,333,334 flow-through …
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READ MOREMarch 10, 2023
Monarch Reports High-Grade Intersections at McKenzie Break, Including 35.9 g/t Au Over 0.5 m (1.6 ft), 28.2 g/t Au Over 0.66 m (2.2 ft), 17.2 g/t Over 0.9 m (2.9 ft) and 12.65 g/t Au Over 1.5 m (4.9 ft)
Monarch reports additional gold assays from its 2022 McKenzie Break drilling program. Notable high-grade, near-surface intersections include 35.9 g/t Au over 0.5 m (MK-22-353), 28.2 g/t Au over 0.66 m (MK-22-334), 17.2 g/t Au over 0.9 …
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READ MOREDecember 2, 2022
Monarch Reports 11.07 g/t Au Over 7.4 M (24.3 ft) Within a Wider Zone of 1.76 g/t Au Over 101.85 M (334.2 ft) at Swanson
Monarch reports both high-grade and widespread gold assays in a fifth set of results from its 2021-2022 Swanson drilling program. Hole SW-22-025 intersected an impressive 11.07 g/t Au over 7.40 m within a much wider …
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READ MOREOctober 18, 2022
Monarch Suspends Operations at the Beaufor Mine
MONARCH MINING CORPORATION (TSX: GBAR) (OTCQX: GBARF) reports that it has suspended its operations at the Beaufor Mine due to financial and operational challenges. The mine will be put on care and maintenance for an undetermined …
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READ MOREOctober 1, 2022
Monarch Reports 7.83 g/t Au Over 8.82 m (28.9 ft) Within a Wider Zone of 0.99 g/t Au Over 237.82 m (780.3 ft) at Swanson
Monarch reports both high-grade and widespread gold assays in a fourth set of results from its 2021-2022 Swanson drilling program. Hole SW-22-022 intersected an impressive 7.83 g/t Au over 8.82 m within a much wider …
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READ MORESeptember 8, 2022
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