# Monarch Gold Intersects 783 g/t Au Over 0.2 Metres and 293 g/t Au Over 0.5 Metres at the Beaufor Property

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--83dafec5-5b96-434f-84dc-a7d4a08ab448

Original source: https://money.tmx.com/en/quote/MQR/news/6466308856782671/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre

Publisher: tmx

Original announcement: 2020-10-01T11:35:00.000Z

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 23:21:46 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: Bonanza Intercept

- Positive factor: QA/QC Disclosed

- Positive factor: QP/CP Signed

- Negative factor: Apparent Width Only

Facts used in scoring: 12

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: 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 Disclosed**

Polarity: positive

Definition: 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 Only**

Polarity: negative

Definition: 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 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 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)

### 20-122-137

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--83dafec5-5b96-434f-84dc-a7d4a08ab448#fact-drill-facts-0)

Beaufor Mine · gold

#### 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.

### 20-122-138

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--83dafec5-5b96-434f-84dc-a7d4a08ab448#fact-drill-facts-1)

Beaufor Mine · gold

#### 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.

### 20-132-55

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--83dafec5-5b96-434f-84dc-a7d4a08ab448#fact-drill-facts-2)

Beaufor Mine · gold

#### 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.

### 20-132-55

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--83dafec5-5b96-434f-84dc-a7d4a08ab448#fact-drill-facts-3)

Beaufor Mine · gold

#### 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.

### 20-133-69

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--83dafec5-5b96-434f-84dc-a7d4a08ab448#fact-drill-facts-4)

Beaufor Mine · gold

#### 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.

### 20-133-69

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--83dafec5-5b96-434f-84dc-a7d4a08ab448#fact-drill-facts-5)

Beaufor Mine · gold

#### 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 factor: Bonanza Intercept

### 20-133-69

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--83dafec5-5b96-434f-84dc-a7d4a08ab448#fact-drill-facts-6)

Beaufor Mine · gold

#### 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.

### 20-133-69

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--83dafec5-5b96-434f-84dc-a7d4a08ab448#fact-drill-facts-7)

Beaufor Mine · gold

#### 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.

### 20-133-70

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--83dafec5-5b96-434f-84dc-a7d4a08ab448#fact-drill-facts-8)

Beaufor Mine · gold

#### 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 factor: Bonanza Intercept

- Negative factor: Apparent Width Only

### 20-133-70

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--83dafec5-5b96-434f-84dc-a7d4a08ab448#fact-drill-facts-9)

Beaufor Mine · gold

#### 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.

### 20-151-17

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--83dafec5-5b96-434f-84dc-a7d4a08ab448#fact-drill-facts-10)

Beaufor Mine · gold

#### 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.

### 20-151-20

[Link to this fact](https://atlas-staging.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--83dafec5-5b96-434f-84dc-a7d4a08ab448#fact-drill-facts-11)

Beaufor Mine · gold

#### 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 factor: Bonanza Intercept

- Negative factor: 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.