Not for distribution to U.S. news wire services or dissemination in the United States MONTRÉAL, March 10, 2023 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQB: GBARF) announces the closing of the firs...Read More
Not for distribution to U.S. news wire services or dissemination in the United States MONTRÉAL, Feb. 13, 2023 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQB: GBARF) reported its results today for the...Read More
Not for distribution to U.S. news wire services or dissemination in the United States MONTRÉAL, Jan. 20, 2023 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQB: GBARF) announces the closing of the f...Read More
MONTREAL, Dec. 21, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) is pleased to announce the results of its annual general meeting of shareholders, which was held today in a virtual-only forma...Read More
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 m (MK-22-357) and 12.65 g/t Au over 1.5 m (MK-22-335)...Read More
Not for distribution to U.S. news wire services or dissemination in the United States MONTREAL, Nov. 30, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) announces that it is proceeding with...Read More
MONTREAL, Nov. 21, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) announced today an update on the total amount of debt settlements disclosed on November 15, 2022. As of today, the Corporation...Read More
MONTRÉAL, Nov. 15, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) announced today that it has reached agreements with certain of its creditors for more than $9.3 million (the “Debt...Read More
MONTRÉAL, Nov. 11, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) reported its results today for the first quarter ended September 30, 2022. Amounts are in Canadian dollars unless ot...Read More
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 zone of 1.76 g/t Au over 101.85 m.Other notable results include 27.8 g/t Au o...Read More
The Croinor Gold technical report shows an estimated Measured and Indicated mineral resource of 903,600 tonnes at an average grade of 6.47 g/t Au for a total of 187,900 ounces of gold, and an estimated Inferred mineral resource of 200,100 tonnes at an average grade of 6.19 g/t Au for a total...Read More
MONTREAL, Sept. 27, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) reports today that it has suspended its operations at the Beaufor Mine due to financial and operational challenges. The mine...Read More
MONTREAL, Sept. 28, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) reported its results today for the fourth quarter and year ended June 30, 2022. Amounts are in Canadian dollars unless otherw...Read More
Monarch reports initial gold assays from its ongoing 2022 McKenzie Break drilling program.Hole MK-22-326A intersects an impressive 5.69 g/t Au over 9.69 m near surface.Other notable high-grade, near-surface intersections include 35.15 g/t Au over 0.95 m (MK-22-327), 16.50 g/t Au over 0.78 m...Read More
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 zone of 0.99 g/t Au over 237.82 m.Other notable high-grade intersections incl...Read More
Monarch reports high-grade gold assays in a third set of results from its 2021-2022 Swanson drilling program. Hole SW-22-023 intersected an impressive 18.18 g/t Au over 13.5 m along the down-plunge extension of the Swanson deposit, including higher-grade intervals of 117.91 g/t Au over...Read More
MONTRÉAL, Aug. 31, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) announces that it has made the decision to slow down mining operations at its wholly-owned Beaufor Mine, located east of...Read More
The mineral resource estimate shows a Measured and Indicated resource of 903,600 tonnes at an average grade of 6.47 g/t Au for a total of 187,900 ounces of gold, and an Inferred resource of 200,100 tonnes at an average grade of 6.19 g/t Au for a total of 39,800 ounces.The mineral resource wa...Read More
Monarch has received additional high-grade assays from its 2021-2022 underground drilling program that include 37.59 g/t Au over 2.5 m, 29.79 g/t Au over 2.45 m, 21.7 g/t Au over 2.87 m, 10.09 g/t Au over 3.6 m, 418.0 g/t Au over 0.63 m and 67.1 g/t Au over 1.1 m.These results are from...Read More
This first gold bar represents a major milestone for Monarch since its listing in January 2021As of today, a total of 23,914 tonnes of ore averaging 4.76 g/t Au are currently stockpiled, ready to be processed.Monarch will continue to ramp up the production rate at the Beacon Mill and expects...Read More