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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