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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449

Original source: https://money.tmx.com/en/quote/MQR/news/5039398579669438/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho

Publisher: tmx

Original announcement: 2021-01-19T12:01:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: Exceptional high-grade gold intercepts

- Positive factor: Significant width at high grade

- Positive factor: Extension of known mineralization near existing infrastructure

- Positive factor: Clear path to resource conversion and mine restart

Facts used in scoring: 19

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Signed**

Polarity: positive

Story-specific tag

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Drilling**

Polarity: neutral

Story-specific tag

Definition: 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 Intercept**

Polarity: positive

Definition: 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 Intercept**

Polarity: positive

Definition: 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-20-002

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449#fact-drill-facts-0)

Beaufor Mine · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Part of initial exploration results

Evidence · table

> 14.58

Context: 1.20

### BES-20-002

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449#fact-drill-facts-1)

Beaufor Mine · gold

#### 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 factor: Exceptional gold grade for underground mining

- Positive factor: High-grade sub-interval

Evidence · table

> 33.90

Context: 0.50

### BES-20-003

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449#fact-drill-facts-2)

Beaufor Mine · gold

#### 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 factor: Weak gold grade for underground mining

- Negative factor: Narrow intercept width

Evidence · table

> 2.56

Context: 0.55

### BES-20-004

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449#fact-drill-facts-3)

Beaufor Mine · gold

#### 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 factor: Weak gold grade for underground mining

Evidence · table

> 2.44

Context: 1.45

### BES-20-004

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449#fact-drill-facts-4)

Beaufor Mine · gold

#### 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 factor: Exceptional gold grade for underground mining

- Positive factor: Strong grade-thickness product

Evidence · table

> 180.00

Context: 0.50

### BES-20-005

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449#fact-drill-facts-5)

Beaufor Mine · gold

#### 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 factor: Strong gold grade for underground mining

- Negative factor: Narrow intercept width

Evidence · table

> 9.48

Context: 0.50

### BES-20-005

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449#fact-drill-facts-6)

Beaufor Mine · gold

#### 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 factor: Exceptional gold grade for underground mining

- Negative factor: Narrow intercept width

Evidence · table

> 38.20

Context: 0.50

### BES-20-005

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449#fact-drill-facts-7)

Beaufor Mine · gold

#### 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 factor: Moderate gold grade for underground mining

Evidence · table

> 3.06

Context: 2.60

### BES-20-008

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449#fact-drill-facts-8)

Beaufor Mine · gold

#### 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 factor: Weak gold grade for underground mining

- Negative factor: Narrow intercept width

Evidence · table

> 2.54

Context: 0.60

### BES-20-014

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449#fact-drill-facts-9)

Beaufor Mine · gold

#### 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 factor: Moderate gold grade for underground mining

- Negative factor: Narrow intercept width

Evidence · table

> 3.86

Context: 0.55

### BES-20-016

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449#fact-drill-facts-10)

Beaufor Mine · gold

#### 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 factor: Strong gold grade for underground mining

- Positive factor: Moderate grade-thickness product

- Positive factor: Good intercept width

Evidence · table

> 11.02

Context: 5.55

### BES-20-016

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449#fact-drill-facts-11)

Beaufor Mine · gold

#### 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 factor: Exceptional gold grade for underground mining

- Positive factor: Moderate grade-thickness product

- Positive factor: High-grade sub-interval

Evidence · table

> 76.60

Context: 0.70

### BES-20-017

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449#fact-drill-facts-12)

Beaufor Mine · gold

#### 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 factor: Exceptional gold grade for underground mining

- Positive factor: Exceptional grade-thickness product

- Positive factor: Strong intercept width

Evidence · table

> 35.87

Context: 9.80

### BES-20-017

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449#fact-drill-facts-13)

Beaufor Mine · gold

#### 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 factor: Exceptional gold grade for underground mining

- Positive factor: Strong grade-thickness product

- Positive factor: High-grade sub-interval

Evidence · table

> 535.00

Context: 0.50

### BES-20-017

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449#fact-drill-facts-14)

Beaufor Mine · gold

#### 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 factor: Exceptional gold grade for underground mining

- Positive factor: Moderate grade-thickness product

- Positive factor: High-grade sub-interval

Evidence · table

> 148.50

Context: 0.50

### BES-20-018

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449#fact-drill-facts-15)

Beaufor Mine · gold

#### 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 factor: Exceptional gold grade for underground mining

- Negative factor: Narrow intercept width

Evidence · table

> 34.20

Context: 0.50

### BES-20-018

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449#fact-drill-facts-16)

Beaufor Mine · gold

#### 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 factor: Moderate gold grade for underground mining

- Negative factor: Narrow intercept width

Evidence · table

> 5.37

Context: 0.60

### BES-20-019

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449#fact-drill-facts-17)

Beaufor Mine · gold

#### 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 factor: Moderate gold grade for underground mining

Evidence · table

> 3.52

Context: 1.50

### BES-20-021

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--e0ca3330-c5b9-48e3-bbb6-693f6b2ce449#fact-drill-facts-18)

Beaufor Mine · gold

#### 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 factor: 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.