Monarch Mining: On the Verge of Becoming a Gold Producer
Strong pipeline of development and exploration projects in quebec, a top-rated mining jurisdiction
a fully integrated mining company that owns four projects, namely the Beaufor, Croinor Gold, McKenzie Break and Swanson projects, all located near Monarch’s wholly owned Beacon 750 tpd mill. Monarch owns more than 295 km2 of mining assets in the prolific Abitibi mining camp, representing a combined portfolio of 478,982 ounces of M&I gold resources, and 383,393 ounces of inferred resources.
Beaufor Gold Mine
Monarch holds a 100% interest in the Beaufor Mine, which consists of two mining leases, one mining concession and 23 mining claims covering an area of 5.9 km2. The mine is located approximately 20 kilometres northeast of the town of Val-d'Or, in Abitibi-East Township, in the province of Quebec. The Beaufor Mine is an underground mine.
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