11:45 AM EST - Monarques Gold Corp. : announced initial drilling results for Phase II of work on the Croinor Gold project, some 70 kilometres east of Val-d'Or, Quebec. Work entered Phase II on May 11 with the start of diamond drilling. As at June 12, 4,435 of the 9,000 metres of planned drilling had been completed, with 12 holes drilled. Two drills are in operation on the project. Up until now, one drill has been assigned to definition drilling on Zone 70, which was outlined during Phase 1 from February to March 2015, when a vein was traced over more than 96 metres on one section (Section 0) with very good grades (6.73 g/t over four metres core length (CL), 16.01 g/t over four metres CL and 15.12 g/t over four metres CL). Monarques Gold Corp.
shares V.MQR are trading unchanged at $0.10.
