Beaufor mine project. Credit: Monarch Mining
Monarch Mining has released a new resource estimate for its wholly owned Beaufor gold project 20 km northeast of Val d’Or, Quebec.
As prepared by BBA Inc., the estimate includes measured and indicated resources of 1.3 million tonnes grading 5.3 g/t gold, containing 219,200 oz. The inferred resource is 818,000 tonnes at 4.7 g/t gold, for 122,500 oz.
