Announcement Date: 2023-05-09
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Monarch Mining Corp.
Project name: McKenzie Break
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 31m at 1.77g/t Au from 203m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Montreal, Quebec, Canada, May 9, 2023 – MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQB: GBARF) is pleased to report additional results from the 2022 drilling program on its whollyowned McKenzie Break gold project, located 25 kilometres north of the Corporation’s wholly owned Beacon mill. The 2022 drilling program on the McKenzie Break property totaled 16,104 metres in 53 holes. Today, Monarch is reporting the results from an additional 13 holes totalling 4,523 metres (see Figure 1, Table 1 and 2). Assays are pending for the remaining 17 holes of this drill program.
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