Abitibi

Monarch Mining Corporation to Present at Virtual Investor Day V - December 6 - 8 2021

Retrieved on: 
Wednesday, December 1, 2021
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Toronto, Ontario--(Newsfile Corp. - December 1, 2021) - Monarch Mining Corporation (TSX: GBAR) (OTCQX: GBARF) ("Monarch" or the "Company") is pleased to announce that the Company will be presenting at Virtual Investor Day V ("VID V") sponsored by Laurentian Bank Securities.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - December 1, 2021) - Monarch Mining Corporation (TSX: GBAR) (OTCQX: GBARF) ("Monarch" or the "Company") is pleased to announce that the Company will be presenting at Virtual Investor Day V ("VID V") sponsored by Laurentian Bank Securities.
  • Mr. Jean-Marc Lacoste, President and Chief Executive Officer will provide an in-depth update on the Company at 10:00 AM ET, Tuesday, December 7, 2021.
  • VID V provides a unique and completely interactive experience for feature companies and participants.
  • Other assets include the Croinor Gold, McKenzie Break and Swanson properties, all located near Monarch's wholly owned 750 tpd Beacon Mill.

Monarch Closes C$6.0 Million Private Placement of Flow-Through Shares

Retrieved on: 
Monday, November 22, 2021
Securities Act of 1933, Oil Taxation Act 1975, Beacon Mill, Income Tax Act, Sale, Toronto Stock Exchange, Gold, The, Regulation, TSX, Legislation, Monarch, NEWS, Abitibi, GLOBE, Warrant, Mining, Section 50C of the Isle of Man Income Tax Act 1970, Security (finance)

MONTRÉAL, Nov. 22, 2021 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) is pleased to announce that it has closed a non-brokered private placement for aggregate gross proceeds of C$5,992,940.70 (the “Offering”). The Offering consisted of the issuance of 6,658,823 flow-through common shares of the Corporation (the “FT Shares”) at a price of C$0.90 per FT Share.

Key Points: 
  • THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
    MONTRAL, Nov. 22, 2021 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (Monarch or theCorporation) (TSX: GBAR) (OTCQX: GBARF) is pleased to announce that it has closed a non-brokered private placement for aggregate gross proceeds of C$5,992,940.70 (theOffering).
  • The Offering consisted of the issuance of 6,658,823 flow-through common shares of the Corporation (the FT Shares) at a price of C$0.90 per FT Share.
  • The Qualifying Expenditures will be renounced in favour of the subscribers with an effective date no later than December 31, 2022.
  • As consideration for introducing certain subscribers to the private placement, Monarch paid a cash finder's fee totaling $227,504.53 and issued 252,783 compensation warrants (the Compensation Warrants) to certain finders.

Monarch Mining Reports Its Results for the First Quarter Ended September 30, 2021

Retrieved on: 
Wednesday, November 10, 2021
Beacon Mill, The, Program, TSX, Abitibi, Mining, Gold

During the quarter, we continued to prepare the Beaufor Mine and the Beacon Mill to resume operations by June 2022.

Key Points: 
  • During the quarter, we continued to prepare the Beaufor Mine and the Beacon Mill to resume operations by June 2022.
  • We are also very actively exploring at the Beaufor Mine with four underground drills in operation, with the ongoing objective of increasing our gold resource.
  • The latest results from our 42,500-metre program show that the mine remains open at depth and has excellent high-grade exploration potential.
  • Those exploration results, along with the eventual restart of Beaufor and Beacon, should enable Monarch to create sustainable value for our shareholders.

Advance United Holdings' Buck Lake Field Crew Discover Surface Exposures of Massive Sulphide Over 200 Metres

Retrieved on: 
Monday, November 8, 2021
Copper, VMS, CSE, Zinc, FSE, EM, Diversified Specialty Institute Holdings, Inc., Program, Anomaly, Acquisition, VLF, Company, Soil, Collection, Abitibi, Noranda, Time, IPCC Fourth Assessment Report, Surveying, Granite, Uranium, Risk management

Toronto, Ontario--(Newsfile Corp. - November 8, 2021) - Advance United Holdings Inc. (CSE: AUHI) (FSE: 9I0) (the "Company" or "Advance United") is pleased to report that the preliminary ground VLF-EM geophysical survey at the Buck Lake Property has been completed and provides details and modern interpretation of part of the known 2,000 metre length EM anomaly.

Key Points: 
  • The massive sulphide zone was tracked on surface for over 200 metres in a north-south direction and samples collected for chemical analysis.
  • The massive sulphides exposed on surface include pyrite, pyrrhotite, and chalcopyrite and are hosted in a silicious "exhalite" unit.
  • The field mapping also identified altered felsic and mafic volcanics on the western and eastern contacts of the massive sulphide zone respectively.
  • Geologically the Buck Lake Property overlies the contact between mafic and felsic volcanics, a classic Volcanic Massive Sulphide (VMS) target.

Monarch Mining Prepares Beaufor Mine and Beacon Mill for the Restart of Operations

Retrieved on: 
Wednesday, October 27, 2021
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MONTREAL, Oct. 27, 2021 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (Monarch or theCorporation) (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.

Key Points: 
  • MONTREAL, Oct. 27, 2021 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (Monarch or theCorporation) (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 of the main ramp from level 20 to the Q zone on level 132, which is needed for development and production to resume.
  • Installation of a 25-kV electrical system to power the future development of the W zone and the new ventilation system.
  • Other assets include the Croinor Gold, McKenzie Break and Swanson properties, all located near Monarchs wholly owned Beacon 750 tpd mill.

Monarch Mining Intersects Significant Gold Mineralization 1 km South of the McKenzie Break Deposit

Retrieved on: 
Wednesday, October 20, 2021
Lithology, Metal, Mining, QA/QC, TSX, Person, Transport, Mineral, Laboratory, Beacon, National Instrument 43-101, Resource management, Database, Nature, Abitibi, Monarch, National instrument, The, Gold, Uranium, Silver, Risk management

The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, market or other relevant issues.

Key Points: 
  • The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, market or other relevant issues.
  • The database used for this mineral estimate includes drill results obtained from historical records and up to the recent 2018-2020 drill program.
  • Other assets include the Croinor Gold, McKenzie Break and Swanson properties, all located near Monarchs wholly owned Beacon 750 tpd mill.
  • Monarch owns 28,702 hectares (287km2) of mining assets in the prolific Abitibi mining camp that host 478,982 ounces of combined measured and indicated gold resources and 383,393 ounces of combined inferred resources.

Monarch Mining Reports its Results for the Quarter and 232-Day Period Ended June 30, 2021

Retrieved on: 
Tuesday, September 28, 2021
Sale, Abitibi, The, Program, Mining, Beacon, TSX, Gold

On the exploration side, the 42,500-metre drilling program is ongoing at Beaufor, with four underground drills currently on site, and we are extremely pleased with the results to date.

Key Points: 
  • On the exploration side, the 42,500-metre drilling program is ongoing at Beaufor, with four underground drills currently on site, and we are extremely pleased with the results to date.
  • We also continue to move work forward on our other advanced projects, McKenzie Break and Croinor Gold, which both have excellent exploration potential, concluded Mr. Lacoste.
  • Monarch Mining Corporation (TSX: GBAR) is a fully integrated mining company that owns four advanced projects, including the fully permitted past-producing Beaufor Mine, which has produced more than 1 million ounces of gold over the last 30 years.
  • Monarch owns 28,702 hectares (287km2) of mining assets in the prolific Abitibi mining camp that host 714,982 ounces of combined measured and indicated gold resources and 421,793 ounces of combined inferred resources.

Dynasty Gold Resumes Thundercloud Exploration Program

Retrieved on: 
Monday, September 13, 2021
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Vancouver, British Columbia--(Newsfile Corp. - September 13, 2021) - Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G) (OTC Pink: DGDCF) ("Dynasty" or the "Company") is pleased to report that the Company is to restart the channel sampling program in the West Contact Zone on the Thundercloud property.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - September 13, 2021) - Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G) (OTC Pink: DGDCF) ("Dynasty" or the "Company") is pleased to report that the Company is to restart the channel sampling program in the West Contact Zone on the Thundercloud property.
  • Regionally, exploration results indicate excellent potential to define bulk-tonnage orogenic gold mineralization as close to 30 M oz of gold have been discovered in recent years, including several large-scale mining operations nearby.
  • Dynasty Gold Corp. is a Canadian exploration company currently focused on gold exploration in North America with projects located in greenstone belts in Ontario and the Midas gold camp in Nevada.
  • ON BEHALF OF THE BOARD OF DYNASTY GOLD CORP.

LaSalle Reports Options Granted

Retrieved on: 
Friday, September 10, 2021

Vancouver, British Columbia--(Newsfile Corp. - September 10, 2021) - LaSalle Exploration Corp. (TSXV: LSX)("LaSalle" or the "Company") announces that a total of 800,000 incentive stock options ("Options") have been granted to directors and officers of the Company of which 400,000 are subject to a vesting schedule over three years.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - September 10, 2021) - LaSalle Exploration Corp. (TSXV: LSX)("LaSalle" or the "Company") announces that a total of 800,000 incentive stock options ("Options") have been granted to directors and officers of the Company of which 400,000 are subject to a vesting schedule over three years.
  • Each Option entitles the holder to acquire one common share at $0.15 per share for a period of five years.
  • LaSalle trades on the TSX Venture Exchange ("TSX-V") under the symbol "LSX".
  • Additional information about LaSalle can be found on SEDAR at www.sedar.com and on the Company's website at www.lasallecorp.com .

Valorem Advances 2021 Exploration On Black Dog Lake Gold Property, James Bay Area, Quebec, Canada

Retrieved on: 
Thursday, September 9, 2021

The Black Dog Lake Gold Property is located in the James Bay Region of Quebec, approximately 150 km east the town of Eastmain, and approximately 60 km north of the town of Nemiscau.

Key Points: 
  • The Black Dog Lake Gold Property is located in the James Bay Region of Quebec, approximately 150 km east the town of Eastmain, and approximately 60 km north of the town of Nemiscau.
  • The Company holds an exclusive option to acquire an undivided 100% interest in the Black Dog Lake Gold.
  • The best result received by Valorem on April 27, 2021 was 6.3 g/t gold, from rock sample # B00376054 from the main Black Dog prospect.
  • On March 18, 2021, On Track Exploration Ltd submitted an exploration proposal to Valorem on the Black Dog gold target.