Monarch Mining Suspends Operations at Beaufor Mine
2022-09-27 14:47:44 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 will be put on care and maintenance for an undetermined period. As reported on August 31, […]
Monarch Mining Reports High-Grade Drill Results at Beaufor Confirming the Extension of the W and 140 Zones at Depth
2022-07-25 04:39:28 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 […]
Monarch Mining Begins Processing the Beaufor Mine Ore at its Wholly-Owned Beacon Mill
2022-07-05 04:38:56 Following the pre-commissioning of the mill with waste rock, Monarch has started processing a 530-tonne batch of ore at its Beacon Mill. A total of 31,079 tonnes of ore averaging 4.76 g/t Au has been mined and 30,549 tonnes are currently stockpiled, ready to be processed. Monarch plans to pour […]
Monarch Mining Prepares Beaufor Mine and Beacon Mill for the Restart of Operations
2021-10-27 04:36:35 MONTREAL, Oct. 27, 2021 (GLOBE NEWSWIRE) — MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) is pleased to provide an update on the restart of operations at the Beaufor Mine and Beacon Mill, scheduled to begin in the coming weeks in preparation for the start of mining in 2022. Rehabilitation work […]