Monarch Mining Corporation

11:17 AM EST - Monarch Mining Corporation : Has awarded the mineral resource estimate (MRE) contract for the Beaufor Mine gold project to BBA Inc. The Beaufor Mine first entered commercial production in the early 1930's and over the years has produced over 1.1 million ounces of gold. The mine is currently on care and maintenance, which has given Monarch an opportunity to drill-test targets throughout the mine area. In June 2020 , the Corporation initiated a 42,500-metre diamond drilling program to test near-mine targets. Monarch Mining Corporation shares T.GBAR are trading up $0.02 at $0.90.

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