Monarch Mining Corporation

12:02 PM EST - Monarch Mining Corporation : Announced a new mineral resource estimate (MRE) for its advanced, wholly-owned Beaufor Mine gold project, 20 kilometres northeast of Val-d'Or. The new MRE was developed by engineering consulting group BBA Inc. and has an effective date of July 23. Monarch Mining Corporation shares T.GBAR are trading up $0.01 at $0.91.

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