For thousands of other reports visit RSC's Mineral Intellingence Map

Monarch Gold Corp.

opaxe

Summary

Project:

Croinor

Deposit:Croinor
Location:Canada
Commodities:Gold
Date:2/8/2018
Report Code:NI43-101
Report Type:Pre-Feasibility Study
Project Stage:Pursuing Resource Increase/Upgrade
Report details:8-2-2018: Monarch Gold Corp. announces a Pre-Feasibility Study report for its Croinor deposit at the Croinor project. Updated Pre-Feasibility study incl. post-tax NPV(5%)of $18.3M, IRR of 30%, 10% increase in reserves. Jean-Marc Lacoste, President and Ch
Resources:(Reserve, P+P): 602.9Kt @ 6.66g/t Au for 129.29Koz contained at project
CP/QP:[Overall Report]: Marc-Andre Lavergne (Internal)
ABSTRACT:Jean-Marc Lacoste, President and Chief Executive Officer of Monarques Gold Corporation (“Monarques” or the “issuer”), mandated InnovExplo Inc. (“InnovExplo”), in collaboration with WSP Canada Inc. (“WSP”) and Amec Foster Wheeler Environment & Infrastructure, a division of Amec Foster Wheeler Americas Limited (“Amec Foster Wheeler”), to update the preliminary feasibility study (the “2018 PFS”) on the mineral resource and mineral reserve estimates for the Croinor Gold Mine Project (the “Project” or the “Croinor Gold Project”) and to prepare a supporting technical report (the “Technical Report”). The Technical Report has been prepared in accordance with Canadian Securities Administrators’ National Instrument 43-101 Respecting Standards of Disclosure for Mineral Projects (“NI 43 101” or “43 101”) and its related Form 43 101F1. The mineral reserve estimate has an effective date of January 19, 2018. The mineral resource estimate is unmodified from Poirier et al. (2016). InnovExplo is an independent mining and exploration consulting firm based in Val-d’Or (Québec).

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report