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Monarch Gold Corp.
Summary
| Project: | McKenzie Break | |
|---|---|---|
| Deposit: | McKenzie Break | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/26/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-2-2020: Monarch Gold Corp. announces an Exploration/Drilling Update report for its McKenzie Break deposit at the McKenzie Break project. Drilling results incl. 7.1m @ 32.3g/t Au from 356.5m. Montreal, Quebec, Canada, February 26, 2020 – MONARCH GOLD CO | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Ronald G. Leber (Internal) | |
| ABSTRACT: | Montreal, Quebec, Canada, February 26, 2020 – MONARCH GOLD CORPORATION (“Monarch” or the “Corporation”) (TSX: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) is pleased to report the third set of assay results from the 2019 diamond drilling program on its wholly owned McKenzie Break gold project, located 25 kilometres north of Val-d’Or, near its Camflo and Beacon mills. The fall 2019 drilling program consisted of 10 holes and two hole extensions totalling 4,202 metres, designed to follow up on the positive results from the 2018 drilling program (see press releases dated February 28, 2019, March 13, 2019, and March 20, 2019). The assay results reported today are for the last three holes and two hole extensions totalling 1,462 metres in the south part of the property (see plan view map of best drilling results). “These are truly the best results we have encountered so far on McKenzie Break, with the discovery of a new highgrade mineralized horizon to the east and below the current resource,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarch Gold. “This drilling has shown excellent continuity of the mineralization between holes drilled on 50-metre centres and a significant thickening of the mineralization towards the east and south. | |
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