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Monarch Gold Corporation
68 Avenue de la Gare, Office 205, Saint-Sauveur, Quebec, Canada

Memberships : NA
Industry : Gold
Basic Member
Since Mar, 2020
About Company

Monarch Gold Corporation (TSX: MQR) is an emerging Canadian gold mining company that aims to be a 100,000-200,000-ounce per year gold producer through the development of its portfolio of high-quality projects covering over 320 km² in the Abitibi mining camp in Quebec, Canada.

The December 2018 feasibility study on the Corporation’s flagship Wasamac 2.6 million-ounce gold project forecasts average annual production of 142,000 ounces of gold for 11 years at a cash cost of US$550 per ounce. Based on a US$1,300 gold price, the project has a pre-tax net present value of $522 million and a 23.6% pre-tax internal rate of return. The deposit remains open at depth and along strike.

Monarch is also a fully integrated mining company that owns five other advanced projects, namely the Beaufor, Croinor Gold, Fayolle, McKenzie Break and Swanson projects, all located near Monarch’s wholly owned, fully functional, fully permitted Camflo (1,600 tpd) and Beacon (750 tpd) mills and a potential source of feed for the mills.

Company NameMonarch Gold Corporation
Business CategoryGold
Address68 Avenue de la Gare, Office 205
Saint-Sauveur
Quebec
Canada
ZIP: J0R 1R0
PresidentJean-Marc Lacoste
Year Established2011
EmployeesNA
MembershipsNA
Hours of OperationNA
Company Services
  • Gold Mining
  • Gold Exploration
  • Mining
  • And Milling
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