|
\ud83d\udc4d CDPQ Invests $5 Million in Monarch Gold to Support the Potential Re-Opening of the Beaufor Mine May 7, 2020 - The Corporation will undertake an extensive 42,500-metre drilling program on Beaufor. - Monarch will incorporate artificial intelligence technologies to optimize target selection for its next drilling program using advanced analytics. - The ultimate goal is to restart gold production at the Beaufor mine within 12 to 18 months to take advantage of the bullish gold market. MONTRÉAL, May 7, 2020 /PRNewswire/ - MONARCH GOLD CORPORATION ("Monarch" or the "Corporation") (TSX: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) announces that it has signed an agreement with Caisse de dépôt et placement du Québec ("CDPQ") to sell a 3% net smelter return royalty on gold production at the Beaufor mine (the "NSR") for $5 million. https://www.monarquesgold.com/news-releases/cdpq-invests-5-m… |
|
| aus der Diskussion: | Monarch Gold Corporation |
| Autor (Datum des Eintrages): | iknowtheway (07.05.20 14:07:23) |
| Beitrag: | 7 von 85 (ID:63594393) |
| Alle Angaben ohne Gewähr © wallstreetONLINE | |