Canadian Mining Journal


Monarch hits high-grade gold at McKenzie Break

Monarch Gold (TSX: MQR) has reported high-grade drill results from the central part of its wholly-owned McKenzie Break gold project, 35 km north of Val-d’Or, Que.

Highlights from the drill program include drill hole 20-255, which intersected 14 metres grading 13.95 grams gold per tonne starting from 301 metres downhole, including 0.5 metre grading 311 grams gold, 1 metre grading 25.4 grams gold, and 1 metre grading 15.1 grams gold.

“The project continues to return impressive gold assays and new gold zones,” Jean-Mark Lacoste, Monarch’s president and CEO, said in an interview. “This is the third result in a row that confirms a high-grade mineralized zone on this part of the property, and we keep on adding metres and metres of high-grade material outside the initial discovery.”

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