Monarch Gold Intersects 35.87 g/t Au Over 9.8 Metres (32 Feet) From Exploration Holes at the Beaufor Mine

Original announcement by tmx on

Company
Monarch Gold Corporation
Ticker
MQR
Exchange
TSX
Region
Quebec
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-08-25 23:19:17 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Monarch Gold announced the first results from its 2020 surface exploration drilling program at the Beaufor Mine project in Quebec. The program intersected multiple high-grade gold zones, including 9.8 metres at 35.87 g/t Au (including 0.5 metres at 535 g/t Au) in hole BES-20-017 and 5.55 metres at 11.02 g/t Au in hole BES-20-016. These results are from shallow, near-mine targets and aim to convert mineralization into resources and reserves to support future mine plans.

Reasoning: Monarch Gold reported exceptional high-grade gold intercepts from its initial 2020 surface exploration drilling program at the Beaufor Mine, including 9.8 metres at 35.87 g/t Au. These results are highly material and novel, extending mineralization in near-mine targets with the explicit goal of converting to resources and reserves to support a mine restart.

Positive factors

  • Exceptional high-grade gold intercepts
  • Significant width at high grade
  • Extension of known mineralization near existing infrastructure
  • Clear path to resource conversion and mine restart

Facts used in scoring: 19

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release states that 'Monarch uses a comprehensive QA/QC protocol, including the insertion of standards and blanks.'

Evidence · text

“Monarch uses a comprehensive QA/QC protocol, including the insertion of standards and blanks.”

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: The technical content has been reviewed and approved by Christian Tessier, P.Geo., a Qualified Person under NI 43-101.

Evidence · text

“The technical and scientific content of this press release has been reviewed and approved by Christian Tessier, P.Geo., the Corporation's qualified person under National Instrument 43-101.”

True Width Disclosedpositive

Actual thickness perpendicular to structure is stated, not just downhole length.

Why it applies: The document states that 'intersection widths... are expected to represent 85 to 100% of the true thickness based on known vein orientations', providing an estimate of true width.

Evidence · text

“The intersection widths in these surface exploration holes are reported as core lengths but are expected to represent 85 to 100% of the true thickness based on known vein orientations.”

Exploration Drillingneutral · Story-specific tag

No canonical definition is currently available.

Why it applies: The drilling program is explicitly referred to as a 'surface exploration diamond drilling program' and targets 'exploration targets' and 'near-mine exploration targets'.

Evidence · text

“2020 surface exploration diamond drilling program”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 0.5m at 535.00 g/t Au in BES-20-017 is exceptionally high-grade, well above the exceptional threshold for underground gold.

Evidence · table

“535.00”

Context: 0.50

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 0.5m at 180.00 g/t Au in BES-20-004 is exceptionally high-grade, well above the exceptional threshold for underground gold.

Evidence · table

“180.00”

Context: 0.50

Extracted facts

Stored fact records: 19. Some facts used in scoring do not have a stored record.

Drill Results (19)

BES-20-002Beaufor Mine · goldGrade: 14.58Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
BES-20-002
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
MQR

Geometry

Grade
14.58
Grade Unit
g/t
Intercept
1.2 m
From
263 m
To
264.2 m
Hole Depth
396 m
Intercept Depth
263 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
BES-20-002:263.0-264.2
Mining Method
underground

Location

Easting
1532.555
Northing
3125.271
CRS
Mine Grid
Elevation
3048.18 m
Azimuth
45 °
Dip
-76 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade for underground mining, contributing positively to the initial exploration results at the Beaufor Mine.

Positive factors

  • Strong gold grade for underground mining
  • Part of initial exploration results

Evidence · table

“14.58”

Context: 1.20

BES-20-002Beaufor Mine · goldGrade: 33.9Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
BES-20-002
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
MQR

Geometry

Grade
33.9
Grade Unit
g/t
Intercept
0.5 m
From
263.7 m
To
264.2 m
Hole Depth
396 m
Intercept Depth
263.7 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
BES-20-002:263.7-264.2
Mining Method
underground

Location

Easting
1532.555
Northing
3125.271
CRS
Mine Grid
Elevation
3048.18 m
Azimuth
45 °
Dip
-76 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This sub-interval shows an exceptional gold grade for underground mining, significantly enhancing the overall intercept's value and contributing positively to the exploration program.

Positive factors

  • Exceptional gold grade for underground mining
  • High-grade sub-interval

Evidence · table

“33.90”

Context: 0.50

BES-20-003Beaufor Mine · goldGrade: 2.56Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
BES-20-003
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
MQR

Geometry

Grade
2.56
Grade Unit
g/t
Intercept
0.55 m
From
267.15 m
To
267.7 m
Hole Depth
365.5 m
Intercept Depth
267.15 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
BES-20-003:267.15-267.7
Mining Method
underground

Location

Easting
1585.609
Northing
3128.529
CRS
Mine Grid
Elevation
3048.66 m
Azimuth
45 °
Dip
-76 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a narrow width for underground mining, contributing marginally to the overall exploration results.

Negative factors

  • Weak gold grade for underground mining
  • Narrow intercept width

Evidence · table

“2.56”

Context: 0.55

BES-20-004Beaufor Mine · goldGrade: 2.44Grade Unit: g/tIntercept: 1.45 mView all details
Link to this fact

Identity

Hole ID
BES-20-004
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
MQR

Geometry

Grade
2.44
Grade Unit
g/t
Intercept
1.45 m
From
272.15 m
To
273.6 m
Hole Depth
402 m
Intercept Depth
272.15 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
BES-20-004:272.15-273.6
Mining Method
underground

Location

Easting
1572.465
Northing
3113.746
CRS
Mine Grid
Elevation
3048.49 m
Azimuth
45 °
Dip
-76 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade for underground mining, contributing marginally to the overall exploration results.

Negative factors

  • Weak gold grade for underground mining

Evidence · table

“2.44”

Context: 1.45

BES-20-004Beaufor Mine · goldGrade: 180Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
BES-20-004
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
MQR

Geometry

Grade
180
Grade Unit
g/t
Intercept
0.5 m
From
325.1 m
To
325.6 m
Hole Depth
402 m
Intercept Depth
325.1 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
BES-20-004:325.1-325.6
Mining Method
underground

Location

Easting
1572.465
Northing
3113.746
CRS
Mine Grid
Elevation
3048.49 m
Azimuth
45 °
Dip
-76 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade over a moderate width, representing a highly material and positive result for the exploration program, indicating a new high-grade vein structure.

Positive factors

  • Exceptional gold grade for underground mining
  • Strong grade-thickness product

Evidence · table

“180.00”

Context: 0.50

BES-20-005Beaufor Mine · goldGrade: 9.48Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
BES-20-005
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
MQR

Geometry

Grade
9.48
Grade Unit
g/t
Intercept
0.5 m
From
152.35 m
To
152.85 m
Hole Depth
216.05 m
Intercept Depth
152.35 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
BES-20-005:152.35-152.85
Mining Method
underground

Location

Easting
1772.664
Northing
3616.133
CRS
Mine Grid
Elevation
3048.73 m
Azimuth
45 °
Dip
-75 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade for underground mining, but its narrow width limits its overall materiality, though it contributes positively to the exploration results.

Positive factors

  • Strong gold grade for underground mining

Negative factors

  • Narrow intercept width

Evidence · table

“9.48”

Context: 0.50

BES-20-005Beaufor Mine · goldGrade: 38.2Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
BES-20-005
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
MQR

Geometry

Grade
38.2
Grade Unit
g/t
Intercept
0.5 m
From
200.5 m
To
201 m
Hole Depth
216.05 m
Intercept Depth
200.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
BES-20-005:200.5-201.0
Mining Method
underground

Location

Easting
1772.664
Northing
3616.133
CRS
Mine Grid
Elevation
3048.73 m
Azimuth
45 °
Dip
-75 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade for underground mining, significantly enhancing the overall intercept's value and contributing positively to the exploration program.

Positive factors

  • Exceptional gold grade for underground mining

Negative factors

  • Narrow intercept width

Evidence · table

“38.20”

Context: 0.50

BES-20-005Beaufor Mine · goldGrade: 3.06Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
BES-20-005
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
MQR

Geometry

Grade
3.06
Grade Unit
g/t
Intercept
2.6 m
From
205.05 m
To
207.65 m
Hole Depth
216.05 m
Intercept Depth
205.05 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
BES-20-005:205.05-207.65
Mining Method
underground

Location

Easting
1772.664
Northing
3616.133
CRS
Mine Grid
Elevation
3048.73 m
Azimuth
45 °
Dip
-75 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a reasonable width for underground mining, contributing positively to the exploration results.

Positive factors

  • Moderate gold grade for underground mining

Evidence · table

“3.06”

Context: 2.60

BES-20-008Beaufor Mine · goldGrade: 2.54Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
BES-20-008
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
MQR

Geometry

Grade
2.54
Grade Unit
g/t
Intercept
0.6 m
From
89.9 m
To
90.5 m
Hole Depth
234.05 m
Intercept Depth
89.9 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
BES-20-008:89.9-90.5
Mining Method
underground

Location

Easting
2464.365
Northing
3561.939
CRS
Mine Grid
Elevation
3057.93 m
Azimuth
45 °
Dip
-76 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This intercept shows a weak gold grade over a narrow width for underground mining, contributing marginally to the overall exploration results.

Negative factors

  • Weak gold grade for underground mining
  • Narrow intercept width

Evidence · table

“2.54”

Context: 0.60

BES-20-014Beaufor Mine · goldGrade: 3.86Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
BES-20-014
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
MQR

Geometry

Grade
3.86
Grade Unit
g/t
Intercept
0.55 m
From
68.5 m
To
69.05 m
Hole Depth
105 m
Intercept Depth
68.5 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
BES-20-014:68.5-69.05
Mining Method
underground

Location

Easting
1240.139
Northing
3320.531
CRS
Mine Grid
Elevation
3045.46 m
Azimuth
359 °
Dip
-45 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade for underground mining, but its narrow width limits its overall materiality, though it contributes positively to the exploration results.

Positive factors

  • Moderate gold grade for underground mining

Negative factors

  • Narrow intercept width

Evidence · table

“3.86”

Context: 0.55

BES-20-016Beaufor Mine · goldGrade: 11.02Grade Unit: g/tIntercept: 5.55 mView all details
Link to this fact

Identity

Hole ID
BES-20-016
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
MQR

Geometry

Grade
11.02
Grade Unit
g/t
Intercept
5.55 m
From
88.6 m
To
94.15 m
Hole Depth
213 m
Intercept Depth
88.6 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
BES-20-016:88.6-94.15
Mining Method
underground

Location

Easting
1428.936
Northing
3350.743
CRS
Mine Grid
Elevation
3047.7 m
Azimuth
351 °
Dip
-53 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a good width, resulting in a moderate grade-thickness product, making it a significant positive result for the exploration program.

Positive factors

  • Strong gold grade for underground mining
  • Moderate grade-thickness product
  • Good intercept width

Evidence · table

“11.02”

Context: 5.55

BES-20-016Beaufor Mine · goldGrade: 76.6Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
BES-20-016
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
MQR

Geometry

Grade
76.6
Grade Unit
g/t
Intercept
0.7 m
From
89.1 m
To
89.8 m
Hole Depth
213 m
Intercept Depth
89.1 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
BES-20-016:89.1-89.8
Mining Method
underground

Location

Easting
1428.936
Northing
3350.743
CRS
Mine Grid
Elevation
3047.7 m
Azimuth
351 °
Dip
-53 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This sub-interval shows an exceptional gold grade over a moderate width, resulting in a moderate grade-thickness product, significantly enhancing the overall intercept's value and contributing positively to the exploration program.

Positive factors

  • Exceptional gold grade for underground mining
  • Moderate grade-thickness product
  • High-grade sub-interval

Evidence · table

“76.60”

Context: 0.70

BES-20-017Beaufor Mine · goldGrade: 35.87Grade Unit: g/tIntercept: 9.8 mView all details
Link to this fact

Identity

Hole ID
BES-20-017
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
MQR

Geometry

Grade
35.87
Grade Unit
g/t
Intercept
9.8 m
From
78.9 m
To
88.7 m
Hole Depth
195 m
Intercept Depth
78.9 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
BES-20-017:78.9-88.7
Mining Method
underground

Location

Easting
1422.556
Northing
3370.148
CRS
Mine Grid
Elevation
3047.14 m
Azimuth
351 °
Dip
-53 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade over a strong width, resulting in an exceptional grade-thickness product, making it a highly material and positive result for the exploration program.

Positive factors

  • Exceptional gold grade for underground mining
  • Exceptional grade-thickness product
  • Strong intercept width

Evidence · table

“35.87”

Context: 9.80

BES-20-017Beaufor Mine · goldGrade: 535Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
BES-20-017
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
MQR

Geometry

Grade
535
Grade Unit
g/t
Intercept
0.5 m
From
79.4 m
To
79.9 m
Hole Depth
195 m
Intercept Depth
79.4 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
BES-20-017:79.4-79.9
Mining Method
underground

Location

Easting
1422.556
Northing
3370.148
CRS
Mine Grid
Elevation
3047.14 m
Azimuth
351 °
Dip
-53 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This sub-interval shows an exceptional gold grade over a narrow width, resulting in a strong grade-thickness product, significantly enhancing the overall intercept's value and contributing positively to the exploration program.

Positive factors

  • Exceptional gold grade for underground mining
  • Strong grade-thickness product
  • High-grade sub-interval

Evidence · table

“535.00”

Context: 0.50

BES-20-017Beaufor Mine · goldGrade: 148.5Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
BES-20-017
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
MQR

Geometry

Grade
148.5
Grade Unit
g/t
Intercept
0.5 m
From
88.2 m
To
88.7 m
Hole Depth
195 m
Intercept Depth
88.2 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
BES-20-017:88.2-88.7
Mining Method
underground

Location

Easting
1422.556
Northing
3370.148
CRS
Mine Grid
Elevation
3047.14 m
Azimuth
351 °
Dip
-53 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This sub-interval shows an exceptional gold grade over a narrow width, resulting in a moderate grade-thickness product, significantly enhancing the overall intercept's value and contributing positively to the exploration program.

Positive factors

  • Exceptional gold grade for underground mining
  • Moderate grade-thickness product
  • High-grade sub-interval

Evidence · table

“148.50”

Context: 0.50

BES-20-018Beaufor Mine · goldGrade: 34.2Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
BES-20-018
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
MQR

Geometry

Grade
34.2
Grade Unit
g/t
Intercept
0.5 m
From
45.45 m
To
45.95 m
Hole Depth
78.2 m
Intercept Depth
45.45 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
BES-20-018:45.45-45.95
Mining Method
underground

Location

Easting
1839.166
Northing
3177.31
CRS
Mine Grid
Elevation
3051.61 m
Azimuth
45 °
Dip
-76 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This intercept shows an exceptional gold grade for underground mining, significantly enhancing the overall intercept's value and contributing positively to the exploration program.

Positive factors

  • Exceptional gold grade for underground mining

Negative factors

  • Narrow intercept width

Evidence · table

“34.20”

Context: 0.50

BES-20-018Beaufor Mine · goldGrade: 5.37Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
BES-20-018
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
MQR

Geometry

Grade
5.37
Grade Unit
g/t
Intercept
0.6 m
From
66.65 m
To
67.25 m
Hole Depth
78.2 m
Intercept Depth
66.65 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
BES-20-018:66.65-67.25
Mining Method
underground

Location

Easting
1839.166
Northing
3177.31
CRS
Mine Grid
Elevation
3051.61 m
Azimuth
45 °
Dip
-76 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade for underground mining, but its narrow width limits its overall materiality, though it contributes positively to the exploration results.

Positive factors

  • Moderate gold grade for underground mining

Negative factors

  • Narrow intercept width

Evidence · table

“5.37”

Context: 0.60

BES-20-019Beaufor Mine · goldGrade: 3.52Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
BES-20-019
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
MQR

Geometry

Grade
3.52
Grade Unit
g/t
Intercept
1.5 m
From
77.75 m
To
79.25 m
Hole Depth
90 m
Intercept Depth
77.75 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
BES-20-019:77.75-79.25
Mining Method
underground

Location

Easting
1846.974
Northing
3161.077
CRS
Mine Grid
Elevation
3051 m
Azimuth
45 °
Dip
-75 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width for underground mining, contributing positively to the exploration results.

Positive factors

  • Moderate gold grade for underground mining

Evidence · table

“3.52”

Context: 1.50

BES-20-021Beaufor Mine · goldGrade: 5.8Grade Unit: g/tIntercept: 2.05 mView all details
Link to this fact

Identity

Hole ID
BES-20-021
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
Quebec
Ticker
MQR

Geometry

Grade
5.8
Grade Unit
g/t
Intercept
2.05 m
From
237.8 m
To
239.85 m
Hole Depth
315 m
Intercept Depth
237.8 m

Classification

Deposit Type
orogenic
Program
exploration
Sample Type
drill
Group ID
BES-20-021:237.8-239.85
Mining Method
underground

Location

Easting
1580.136
Northing
3149.757
CRS
Mine Grid
Elevation
3049.35 m
Azimuth
50 °
Dip
-76 °
Loc. Confidence
high

QA/QC

Laboratory
ALS Canada
QA/QC Disclosed
Yes
Lab Certified
No
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width for underground mining, contributing positively to the exploration results.

Positive factors

  • Moderate gold grade for underground mining

Evidence · table

“5.80”

Context: 2.05

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.