Monarch Gold Intersects 783 g/t Au Over 0.2 Metres and 293 g/t Au Over 0.5 Metres at the Beaufor Property
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 23:21:46 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Monarch Gold has announced high-grade gold drill results from its Beaufor Mine project in Quebec, including an intercept of 783 g/t Au over 0.2 metres. The results are part of a 42,500-metre exploration program targeting near-mine areas to identify potential resource extensions.
Reasoning: The release reports exceptionally high-grade gold intercepts (up to 783 g/t) from an underground exploration program. While true widths are not yet determined, the presence of bonanza-grade material in a near-mine setting is highly material. QA/QC is explicitly disclosed with QP sign-off.
Positive factors
- Bonanza Intercept
- QA/QC Disclosed
- QP/CP Signed
Negative factors
- Apparent Width Only
Facts used in scoring: 12
Classification and evidence
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: 783 g/t Au and 293 g/t Au intercepts are exceptionally high grade.
Evidence · text
“783 g/t Au over 0.2 metres and 293 g/t Au over 0.5 metres”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release mentions use of standards and blanks and a comprehensive QA/QC protocol.
Evidence · text
“Monarch uses a comprehensive QA/QC protocol, including the insertion of standards and blanks.”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: The document states that intersection widths reported are core lengths and true width is yet to be determined.
Evidence · text
“The intersection widths reported are core lengths and high-grade intersections have not been capped, as the vein interpretation and statistics have not been finalized for the zones.”
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 press release was reviewed and approved by Christian Tessier, P.Geo., the company's qualified person.
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”
Extracted facts
Stored fact records: 12. Some facts used in scoring do not have a stored record.
Drill Results (12)
20-122-137Beaufor Mine · goldGrade: 3.5Grade Unit: g/tIntercept: 2.05 mView all detailsHide details
Identity
- Hole ID
- 20-122-137
- Project
- Beaufor Mine
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- MQR
Geometry
- Grade
- 3.5
- Grade Unit
- g/t
- Intercept
- 2.05 m
- From
- 7.3 m
- To
- 9.35 m
- Hole Depth
- 22.95 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- underground
Location
- Easting
- 3931
- Northing
- 5008
- Elevation
- 2521 m
- Azimuth
- 146 °
- Dip
- 74 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-10-01T00:00:00.000Z
Reasoning: Moderate grade intercept in an exploration hole.
20-122-138Beaufor Mine · goldGrade: 15.8Grade Unit: g/tIntercept: 0.5 mView all detailsHide details
Identity
- Hole ID
- 20-122-138
- Project
- Beaufor Mine
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- MQR
Geometry
- Grade
- 15.8
- Grade Unit
- g/t
- Intercept
- 0.5 m
- From
- 22.4 m
- To
- 22.9 m
- Hole Depth
- 40.3 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- underground
Location
- Easting
- 3931
- Northing
- 5008
- Elevation
- 2521 m
- Azimuth
- 137 °
- Dip
- 47 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-10-01T00:00:00.000Z
Reasoning: Strong grade intercept over a narrow width.
20-132-55Beaufor Mine · goldGrade: 13.4Grade Unit: g/tIntercept: 2.6 mView all detailsHide details
Identity
- Hole ID
- 20-132-55
- Project
- Beaufor Mine
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- MQR
Geometry
- Grade
- 13.4
- Grade Unit
- g/t
- Intercept
- 2.6 m
- From
- 44.8 m
- To
- 47.4 m
- Hole Depth
- 77.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- underground
Location
- Easting
- 2142
- Northing
- 3084
- Elevation
- 2741 m
- Azimuth
- 328 °
- Dip
- -49 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-10-01T00:00:00.000Z
Reasoning: Solid grade intercept.
20-132-55Beaufor Mine · goldGrade: 7Grade Unit: g/tIntercept: 2.3 mView all detailsHide details
Identity
- Hole ID
- 20-132-55
- Project
- Beaufor Mine
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- MQR
Geometry
- Grade
- 7
- Grade Unit
- g/t
- Intercept
- 2.3 m
- From
- 47.4 m
- To
- 70.3 m
- Hole Depth
- 77.5 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- underground
Location
- Easting
- 2142
- Northing
- 3084
- Elevation
- 2741 m
- Azimuth
- 328 °
- Dip
- -49 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-10-01T00:00:00.000Z
Reasoning: Moderate grade intercept.
20-133-69Beaufor Mine · goldGrade: 152Grade Unit: g/tIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- 20-133-69
- Project
- Beaufor Mine
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- MQR
Geometry
- Grade
- 152
- Grade Unit
- g/t
- Intercept
- 1 m
- From
- 2.6 m
- To
- 3.6 m
- Hole Depth
- 132 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- underground
Location
- Easting
- 3919
- Northing
- 4854
- Elevation
- 2742 m
- Azimuth
- 45 °
- Dip
- -64 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-10-01T00:00:00.000Z
Reasoning: High grade intercept.
20-133-69Beaufor Mine · goldGrade: 293Grade Unit: g/tIntercept: 0.5 mView all detailsHide details
Identity
- Hole ID
- 20-133-69
- Project
- Beaufor Mine
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- MQR
Geometry
- Grade
- 293
- Grade Unit
- g/t
- Intercept
- 0.5 m
- From
- 3.1 m
- To
- 3.6 m
- Hole Depth
- 132 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- underground
Location
- Easting
- 3919
- Northing
- 4854
- Elevation
- 2742 m
- Azimuth
- 45 °
- Dip
- -64 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-10-01T00:00:00.000Z
Reasoning: Bonanza grade intercept.
Positive factors
- Bonanza Intercept
20-133-69Beaufor Mine · goldGrade: 1.5Grade Unit: g/tIntercept: 6.1 mView all detailsHide details
Identity
- Hole ID
- 20-133-69
- Project
- Beaufor Mine
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- MQR
Geometry
- Grade
- 1.5
- Grade Unit
- g/t
- Intercept
- 6.1 m
- From
- 99.7 m
- To
- 105.8 m
- Hole Depth
- 132 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- underground
Location
- Easting
- 3919
- Northing
- 4854
- Elevation
- 2742 m
- Azimuth
- 45 °
- Dip
- -64 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-10-01T00:00:00.000Z
Reasoning: Low grade intercept.
20-133-69Beaufor Mine · goldGrade: 18.1Grade Unit: g/tIntercept: 0.8 mView all detailsHide details
Identity
- Hole ID
- 20-133-69
- Project
- Beaufor Mine
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- MQR
Geometry
- Grade
- 18.1
- Grade Unit
- g/t
- Intercept
- 0.8 m
- From
- 109.95 m
- To
- 110.75 m
- Hole Depth
- 132 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- underground
Location
- Easting
- 3919
- Northing
- 4854
- Elevation
- 2742 m
- Azimuth
- 45 °
- Dip
- -64 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-10-01T00:00:00.000Z
Reasoning: Strong grade intercept.
20-133-70Beaufor Mine · goldGrade: 783Grade Unit: g/tIntercept: 0.2 mView all detailsHide details
Identity
- Hole ID
- 20-133-70
- Project
- Beaufor Mine
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- MQR
Geometry
- Grade
- 783
- Grade Unit
- g/t
- Intercept
- 0.2 m
- From
- 64.15 m
- To
- 64.35 m
- Hole Depth
- 119.35 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- underground
Location
- Easting
- 3919
- Northing
- 4854
- Elevation
- 2742 m
- Azimuth
- 69 °
- Dip
- -47 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-10-01T00:00:00.000Z
Reasoning: Exceptional bonanza grade intercept, though width is very narrow and reported as core length.
Positive factors
- Bonanza Intercept
Negative factors
- Apparent Width Only
20-133-70Beaufor Mine · goldGrade: 11.2Grade Unit: g/tIntercept: 2.6 mView all detailsHide details
Identity
- Hole ID
- 20-133-70
- Project
- Beaufor Mine
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- MQR
Geometry
- Grade
- 11.2
- Grade Unit
- g/t
- Intercept
- 2.6 m
- From
- 102.9 m
- To
- 105.5 m
- Hole Depth
- 119.35 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- underground
Location
- Easting
- 3919
- Northing
- 4854
- Elevation
- 2742 m
- Azimuth
- 69 °
- Dip
- -47 °
- Loc. Confidence
- high
QA/QC
- Laboratory
- ALS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-10-01T00:00:00.000Z
Reasoning: Strong grade intercept.
20-151-17Beaufor Mine · goldGrade: 3.3Grade Unit: g/tIntercept: 5.15 mView all detailsHide details
Identity
- Hole ID
- 20-151-17
- Project
- Beaufor Mine
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- MQR
Geometry
- Grade
- 3.3
- Grade Unit
- g/t
- Intercept
- 5.15 m
- From
- 0 m
- To
- 5.15 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- underground
QA/QC
- Laboratory
- ALS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-10-01T00:00:00.000Z
Reasoning: Moderate grade intercept.
20-151-20Beaufor Mine · goldGrade: 172Grade Unit: g/tIntercept: 0.3 mView all detailsHide details
Identity
- Hole ID
- 20-151-20
- Project
- Beaufor Mine
- Commodity
- gold
- Region
- canada_qc
- Reported Region
- Quebec
- Ticker
- MQR
Geometry
- Grade
- 172
- Grade Unit
- g/t
- Intercept
- 0.3 m
- From
- 42.78 m
- To
- 43.08 m
Classification
- Program
- exploration
- Sample Type
- drill
- Mining Method
- underground
QA/QC
- Laboratory
- ALS Canada
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2020-10-01T00:00:00.000Z
Reasoning: Very high grade intercept over a narrow width.
Positive factors
- Bonanza Intercept
Negative factors
- Apparent Width Only
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.