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Monarques Gold $MQR.ca Announces a Custom Milling Contract for up to 55,000 Tonnes with Eldorado Gold $ELD

Posted by AGORACOM-JC at 3:56 PM on Tuesday, October 10th, 2017

Monarquesgold hub large

  • Announced custom milling contract with Eldorado Gold Corporation
  • To process ore from the Lamaque gold mine, located east of Val-d’Or, Quebec
  • Contract provides for the Corporation to process some 50,000 to 55,000 tonnes of ore from the Lamaque mine ore at the Camflo mill until December 31, 2017

Monarques’ Camflo mill pours its first gold bar from the Lamaque mine ore

MONTREAL, Oct. 10, 2017MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX-V: MQR) (FRANKFURT: MR7) is pleased to announce the signature of a custom milling contract with Eldorado Gold Corporation (“Eldorado”) (TSX: ELD; NYSE: EGO) to process ore from the Lamaque gold mine, located east of Val-d’Or, Quebec. The contract provides for the Corporation to process some 50,000 to 55,000 tonnes of ore from the Lamaque mine ore at the Camflo mill until December 31, 2017. The contract can be extended by mutual agreement of both parties.

MONARQUES GOLD ANNOUNCES A CUSTOM MILLING CONTRACT FOR UP TO 55,000 TONNES WITH ELDORADO GOLD. (CNW Group/Monarques Gold Corporation)

“This is very good news for Monarques and our team at the Camflo mill,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “This contract will enable the Camflo mill to operate at 90% of its 1,200 tonne-per-day capacity, and will effectively reduce the operating costs for the Beaufor mine over the coming months. We have also received a certificate of authorization from Quebec’s ministry of sustainable development, environment and climate change to increase the operating capacity of the Camflo mill to 1,600 tonnes per day, allowing us to offer custom milling services to other prospective clients.”

The technical and scientific content of this press release has been reviewed and approved by Marc-André Lavergne, Eng., the Corporation’s qualified person under National Instrument 43‑101.

ABOUT MONARQUES GOLD CORPORATION

Monarques Gold Corp (TSX-V: MQR) is an emerging gold producer focused on pursuing growth through its large portfolio of high-quality projects in the Abitibi mining camp in Quebec, Canada. The Corporation currently owns more than 240 km² of gold properties (see map), including the Beaufor Mine, the Croinor Gold (see video) and Wasamac advanced projects, and the Camflo and Beacon mills, as well as six promising exploration projects. It also offers custom milling services out of its 1,200 tonne-per-day Camflo mill. Monarques enjoys a strong financial position and has more than 150 skilled employees who oversee its operating, development and exploration activities.

Forward-Looking Statements

The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause Monarques’ actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Emerging gold producer in Abitibi (CNW Group/Monarques Gold Corporation)

SOURCE Monarques Gold Corporation

View original content with multimedia: http://www.newswire.ca/en/releases/archive/October2017/10/c6152.html

Jean-Marc Lacoste, President and Chief Executive Officer,1-888-994-4465, jm.lacoste@monarquesgold.com, www.monarquesgold.com; Elisabeth Tremblay, Senior Geologist – Communications Specialist, 1-888-994-4465, e.tremblay@monarquesgold.com, www.monarquesgold.comCopyright CNW Group 2017

AGORACOM Small Cap Stock TV – April 23, 2014

Posted by AGORACOM-JC at 2:04 PM on Wednesday, April 23rd, 2014

AGORACOM – The Small Cap Epicenter reports on the day’s best small cap and micro cap press releases.

 

Good afternoon to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s April 23rd and we’ve found 6 great press releases to report on. It’s another great day for small-cap and micro-cap financial news.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out Mon – Thurs that strictly reports on the best small cap and micro cap news of the day. You can watch AGORACOM TV right from our home page.

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed or download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS

Today’s show features:
Premier Gold (PG.T),

Pilot Gold (PLG.T),

Nevada Sunrise Gold (NEV.V),

Eldorado Gold (ELD.T),

Osisko Mining (OSK.T),

US Oil Sands (USO.V)

AGORACOM Best Of The Best – February 28, 2014

Posted by AGORACOM-JC at 2:33 PM on Saturday, March 1st, 2014

Chief Market Commentator, Allan Barry discusses this weeks picks. Companies Included on this week’s show are:

Eldorado Gold (ELD.T),

Scorpio Gold (SGN.V),

Peregrine Diamonds (PGD.T),

Pilot Gold (PLG.T),

Nevada Sunrise Gold (NEV.V)

WHY IS JULY 11, 2013 SO IMPORTANT?

Allan and George have already put their viewers well ahead of the game by starting their weekly broadcasts on July 11, 2013 on the thesis that great small-cap companies were so oversold they could not be ignored. One look at the TSX Venture Index proves they hit the nail on the head … but that doesn’t come close to telling the whole story with most of their picks far outperforming an exchange bloated with zombie companies.

Find out which companies Allan and George like this week by watching the video below!

Want to catch up on previous shows?

Weekly “Best Of The Best” Summarizing The Best Picks From Our Daily Shows. Posted Every Friday Afternoon Watch Here
Daily “Small-Cap Breakfast” Where You FIRST Hear Allan’s Picks (Posted Every Day Around 11:00 AM) Watch Live Here

THIS WEEK’S SHOW SPONSORED BY:


AGORACOM Small Cap Stock TV – February 24, 2014

Posted by AGORACOM-JC at 1:20 PM on Monday, February 24th, 2014

AGORACOM – The Small Cap Epicenter reports on the day’s best small cap and micro cap press releases.

 

Good afternoon to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on our TV show this morning. It’s February 24th and we’ve found 6 great press releases to report on. It’s another great day for small-cap and micro-cap financial news.

If you are new to the show, it is a daily, fast-paced, edgy report that we put out Mon – Thurs that strictly reports on the best small cap and micro cap news of the day. You can watch AGORACOM TV right from our home page.

If you miss an episode or want to search for your company in our archive, you can visit our industry leading Small-Cap Podcast site at any time:

If you want to subscribe to our Small-Cap RSS Feed or download our podcast everyday via iTunes, or your favourite podcatcher, just use the following:

TODAY’S SMALL-CAP AND MICRO-CAP BREAKING FINANCIAL NEWS

Today’s show features:

Ecuador Gold and Copper Corp. (EGX.V),

Gold Reach Resources (GRV.V),

Eldorado Gold (ELD.T),

Endeavour Silver (EDR.T),

Alacer Gold (ASR.T),

Augusta Resource Corp. (AZC.T)