Monarch Mining Update

Monarch continues To Define High-Grade Gold Mineralization At Depth At The Beaufor Mine, With 52.19 G/T Au Over 2.1 M (6.9 Ft), 44.9 G/T Au Over 1.4 M (4.6 Ft), 16.97 G/T Au Over 3.6 M (11.8 Ft) And 57.0 G/T Au Over 0.8 M (2.6 Ft)

Monarch Mining is a fully integrated mining company that owns four projects, including the Beaufor Mine, which has produced more than 1 million ounces of gold over the last 30 years. Other assets include the Croinor Gold, McKenzie Break and Swanson properties, all located near Monarch’s wholly-owned 750 tpd Beacon Mill. Monarch owns 29,504 hectares (295 km2) of mining assets in the prolific Abitibi mining camp that host a combined measured and indicated gold resource of 478,982 ounces and a combined inferred resource of 383,393 ounces.

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