Monarch
Mining
is a fully integrated mining company that owns four advanced projects
Beaufor Mine
Monarch holds a 100% interest in the Beaufor Mine, which includes two mining leases, a mining concession and 23 mining claims covering an area of 6.91 km². The mine is located about 20 kilometres northeast of the town of Val-d’Or, in the Abitibi-East township, in the Province of Quebec. The Beaufor Mine is an underground mine.
Croinor Gold
Monarch holds a 100% interest in the Croinor Gold property, which consists of one mining lease for a total of 337 claims over a 151.88 km² area. The property is located approximately 55 km east of Val-d’Or (75 km by road) and 27 km east of Louvicourt, the nearest town.
McKenzie Break
Monarch acquired a 100% interest in the McKenzie Break property from Agnico Eagle Mines Limited. The property hosts a high-grade gold deposit that lies just 20 kilometres north of the Beacon mill and 35 kilometres north of Val-d’Or, Quebec. It consists of 169 mineral claims covering a total area of 70.5 km², and is accessible year-round via Route 397 and a gravel road. The property is also about nine kilometres south of the rail link between Barraute and Senneterre.
Swanson Project
Monarch acquired a 100% interest in the Swanson property from Agnico Eagle Mines Limited. The property hosts a gold deposit located 65 kilometres from the Beacon mill and 12 kilometres northeast of Barraute, Quebec. It consists of one mineral lease and 127 claims covering a total area of 51.26 km², as well as a 500-metre ramp down to a depth of 80 metres. The property is accessible year-round via Route 367 and a gravel road. A railway track also crosses the property, as does a transmission line.
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Monarch Mining
(TSX: GBAR, OTCQX: GBARF)
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