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."
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Read More on GBARF:
- Monarch Reports High-Grade Intersections at McKenzie Break, Including 35.9 g/t Au Over 0.5 m (1.6 ft), 28.2 g/t Au Over 0.66 m (2.2 ft), 17.2 g/t Over 0.9 m (2.9 ft) and 12.65 g/t Au Over 1.5 m (4.9 ft)
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