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 23:20:40 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 aimed at identifying targets for potential resource conversion and restarting production.

Reasoning: Exceptional high-grade gold intercepts (783 g/t and 293 g/t) reported from a new exploration program targeting near-mine extensions. Results are supported by QA/QC disclosure and a QP sign-off, though true widths are not yet determined.

Positive factors

  • Bonanza Intercept
  • High-grade exploration results
  • QA/QC Disclosed

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, blanks, and ALS Canada laboratory.

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 explicitly 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. True width is yet to be determined.”

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 details
Link to this fact

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

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 in an exploration hole.

Evidence · table

“3.5”

Context: 2.05

20-122-138Beaufor Mine · goldGrade: 15.8Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

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

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: Strong high-grade intercept for an underground exploration target.

Evidence · table

“15.8”

Context: 0.50

20-132-55Beaufor Mine · goldGrade: 13.4Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

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

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: Solid high-grade intercept.

Evidence · table

“13.4”

Context: 2.60

20-132-55Beaufor Mine · goldGrade: 7Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

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

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.

Evidence · table

“7.0”

Context: 2.30

20-133-69Beaufor Mine · goldGrade: 152Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

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

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.

Evidence · table

“152.0”

Context: 1.00

20-133-69Beaufor Mine · goldGrade: 293Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

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

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: Bonanza grade intercept.

Positive factors

  • Bonanza Intercept

Evidence · table

“293.0”

Context: 0.50

20-133-69Beaufor Mine · goldGrade: 1.5Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

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

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: Low grade intercept.

Evidence · table

“1.5”

Context: 6.10

20-133-69Beaufor Mine · goldGrade: 18.1Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

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

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: Strong high-grade intercept.

Evidence · table

“18.1”

Context: 0.80

20-133-70Beaufor Mine · goldGrade: 783Grade Unit: g/tIntercept: 0.2 mView all details
Link to this fact

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

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: Exceptional bonanza grade intercept.

Positive factors

  • Bonanza Intercept

Evidence · table

“783.0”

Context: 0.20

20-133-70Beaufor Mine · goldGrade: 11.2Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

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

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: Strong high-grade intercept.

Evidence · table

“11.2”

Context: 2.60

20-151-17Beaufor Mine · goldGrade: 3.3Grade Unit: g/tIntercept: 5.15 mView all details
Link to this fact

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.

Evidence · table

“3.3”

Context: 5.15

20-151-20Beaufor Mine · goldGrade: 172Grade Unit: g/tIntercept: 0.3 mView all details
Link to this fact

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.

Evidence · table

“172.0”

Context: 0.30

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.