tiprankstipranks
Advertisement
Advertisement

Monarch reports results from 2022 drilling program on McKenzie Break project

Monarch Mining reports additional results from the 2022 drilling program on its wholly owned McKenzie Break gold project, located 25 kilometres north of the Corporation’s Beacon mill with a design capacity of 750 tpd. This press release relates to newly received assay results for 12 holes, namely holes MK-22-334 to 338, MK-22-343 to 344, MK-22-352 to 354 and MK-22-356 to 357. "Our primary aim is to continue to expand the footprint of the mineral resource estimate, including the proposed pitshell," said Jean-Marc Lacoste, President and Chief Executive Officer of Monarch. "The McKenzie Break mineralization remains open in all directions, and the near-surface intersections we are seeing confirm that the current pit shell limits and underground resource can still be expanded in several directions."

Claim 30% Off TipRanks

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on GBARF:

Disclaimer & DisclosureReport an Issue

1