Agoracom Blog

FEATURE: Monarques Gold $MQR.ca Estimates Pit-Constrained Resource on its Swanson #Gold Project $GDX.ca $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

Posted by AGORACOM-JC at 11:21 AM on Wednesday, July 4th, 2018

MQR: TSX-V

  • Pit-constrained Indicated resource of 90,319 ounces and Inferred resource of 941 ounces, and an underground Indicated resource of 7,732 ounces and Inferred resource of 5,975 ounces
  • Advantageous location of the Swanson deposit, some 100 metres from a railway track, provides easy access to the Beacon mill
  • Company holds a mining lease on the Swanson property, enabling it to put the deposit into production more rapidly
  • Continues to increase its combined Measured and Indicated resources to more than 3.1 million ounces of gold
Indicated Resource Inferred Resource
Zone Tonnage Grade
(g/t Au)
Ounces Tonnage Grade
(g/t Au)
Ounces
Pit-constrained 1,568,000 1.79 90,319 12,000 2.44 941
Underground 75,000 3.21 7,732 60,000 3.10 5,975
Total 1,643,000 1.86 98,051 72,000 2.99 6,917

FULL DISCLOSURE: Monarques Gold Corp. is an advertising client of AGORA Internet Relations Corp.

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