Monarch Gold Corporation (Seite 2)

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Abhängig von der weiteren Kursentwicklung dieser drei Unternehmen kann Monarch ggf. das Capex bei Fayolle (5,9 Mio. CAD laut PEA 2013) mit ihren short-term investments finanzieren. Dann hoffe ich mal, dass diese Unternehmen in naher Zukunft einige Explorationserfolge erzielen werden...

(TSXV: UGD): 6.5 million shares at a price of $0.115 per Share (current price $ 0.225)

O3 Mining (TSXV: OIII): 435,000 common shares and 435,000 warrants. Each warrant entitles Monarch to subscribe for one additional common share of O3 Mining at a price of $4.20 for a period of three years following the closing of the transaction. Current price of OIII is $ 1.99

Probe Metals (TSXV: PRB): 1,275,510 common shares. Current price of PRB is $ 1.19
Monarch Gold | 0,179 €
Monarch Gold Starts Drilling On Wholly Owned Mckenzie Break, Swanson And Beacon Properties
May 13, 2020
News Release

- The follow-up program on McKenzie Break will target lateral and depth extensions of hole MK19250, which returned 10.50 g/t Au over 11 metres, including 156.00 g/t Au over 0.6 metres, and the eastern extension of hole MK-19-249, which returned 5.28 g/t Au over 13.70 metres, including 58.17 g/t Au over 0.6 metres.

- Best results from the 2018 and 2019 drilling programs on McKenzie Break, by metal factor:

MK-18-205Ext: 32.30 g/t Au over 7.1 metres (realized in 2019)
MK-18-196: 61.20 g/t Au over 2.6 metres
MK-19-250: 10.50 g/t Au over 11.0 metres
MK-19-249: 5.28 g/t Au over 13.7 metres
MK-19-241: 26.78 g/t Au over 2.1 metres

- The program on the Swanson and Beacon properties will test new high-potential targets.

Montreal, Quebec, Canada, May 13, 2020 – MONARCH GOLD CORPORATION (“Monarch” or the “Corporation”) (TSX: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) is pleased to announce that it has started diamond drill programs on three of its wholly-owned gold properties, namely McKenzie Break, Swanson and Beacon. Drilling started on the McKenzie Break property, and will subsequently move to the Swanson and the Beacon properties, respectively.…
Monarch Gold | 0,185 €
Monarch Gold Reports Its Third Quarter Results For Fiscal 2020
May 13, 2020

Montreal, Quebec, Canada, May 13, 2020 – MONARCH GOLD CORPORATION (“Monarch” or the “Corporation”) (TSX: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) reported its results today for the third quarter ended March 31, 2020. Amounts are in Canadian dollars unless otherwise indicated.

“COVID-19 may have put a temporary halt on our exploration activities but we are still extremely busy preparing for the post-COVID period and a rising gold market,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarch. “In fact, we recently announced a $5 million financing with the Caisse de dépôt et placement du Québec for the Beaufor mine (see press release dated May 7, 2020), excellent results for the Fayolle deposit (see press release dated April 30, 2020) and the McKenzie Break deposit (see press release dated February 26, 2020) and strengthening of our management team with the appointment of Guylaine Daigle to our Board of Directors. The coming period should be equally interesting as we continue to work on the development of our flagship Wasamac deposit, which is currently attracting renewed interest from the mining and financial community, as well as our other substantial mining assets, including the Croinor Gold and Swanson deposits and the Camflo and Beacon ore processing plants.”…
Monarch Gold | 0,187 €
Geht weiter vorwärts beim Flagship project Wasamac 👍

Monarch Gold Signs MOU With Glencore Canada Regarding The Potential Use Of The Kidd Concentrator For Its Wasamac Gold Project
May 14, 2020…
Monarch Gold | 0,187 €
Gestern war ein guter Zeitpunkt einzusteigen. Nemaska musste wohl verkaufen...

Nemaska Lithium Sells Its 15,849,455 Common Shares of Monarques

May 15, 2020 06:30 ET | Source: Nemaska Lithium Inc…
Monarch Gold | 0,162 €
Hier noch die offizielle Press Release von Monarch wegen dem hohen Handelsvolumen. Market cap von Monarch ist immer noch viel zu niedrig. Monarch hat mehrere aussichtsreiche Projekte im Portfolio in einer erstklassigen Gerichtsbarkeit.

Monarch Gold Announces The Sale By Nemaska Lithium Of 15,849,455 Monarch Gold Shares
May 15, 2020
Montreal, Quebec, Canada, May 15, 2020 – MONARCH GOLD CORPORATION (“Monarch” or the “Corporation”) (TSX: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) explains yesterday’s record volume due to the sale of the 15,849,455 shares held by Nemaska Lithium in connection with its ongoing restructuring process under the Companies’ Creditors Arrangement Act (CCAA) (see press release). Nemaska no longer holds any Monarch shares.…
Monarch Gold | 0,265 C$
Monarch Gold Receives Excellent Results From New Tailings Study On The Wasamac Gold Project
May 20, 2020

- Study clearly shows that the Wasamac tailings are non-potentially acid generating (non-PAG).
- Wasamac tailings could also lower the acidity at tailings sites of neighbouring mills (see the map).
- Combined effect could improve the project’s economic parameters and support the lower-CAPEX custom milling scenario.…

“This study is of great interest to us, as it indicates that the Wasamac tailings will be significantly less harmful to the environment than if they were acid-generating,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarch. “In addition, the potential to neutralize acid on existing tailings facilities from Wasamac tailings suggests that Wasamac could be an obvious economic choice for several mills (see the map).”
Monarch Gold | 0,158 €
Glencore ist nach meiner Ansicht ein ausgezeichneter Partner für das Wasamac Project (NPV of ~ C$1 Billion mit dem derzeitigen Goldpreis. 142,000 ounces/year über 11 Jahre. US$630/oz all-in-sustaining costs). Monarchs Market Cap ist weiterhin viel zu niedrig...

Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 90 commodities. The Group's operations comprise around 150 mining and metallurgical sites, oil production assets and agricultural facilities.
With a strong footprint in both established and emerging regions for natural resources, Glencore's industrial and marketing activities are supported by a global network of more than 90 offices located in over 50 countries.
Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, oil and food processing sectors. We also provide financing, logistics and other services to producers and consumers of commodities. Glencore's companies employ around 158,000 people, including contractors.
Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative.
Monarch Gold | 0,170 €
Laut der Unternehmenspräsentation wird die Feasibilty Study für Fayolle im zweiten Quartal 2020 fertig sein. Dies ist eine enorme cash windfall Chance für Monarch. Es wird nicht viel Zeit benötigt, um dieses Projekt in Produktion zu bringen. Permits werden innerhalb eines Jahres nach Feasibilty Study erwartet. Höchstwahrscheinlich werden sich die folgenden Zahlen unter Berücksichtigung der jüngsten Bohrergebnisse sogar verbessern.

Fayolle (PEA 2013)

Capex initial costs of C$ 5.9 Million
Total Production is 74,813 oz at cash operating costs of $721 US/oz
Minelife of 3 years.
After-Tax IRR 110%
Monarch Gold | 0,162 €

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