# 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--9d8704ca-541e-4fe0-9bfd-a5db4d0a2cd9

Original source: https://money.tmx.com/en/quote/MQR/news/7009136320216182/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 23:20:40 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 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 factor: Bonanza Intercept

- Positive factor: High-grade exploration results

- Positive factor: QA/QC Disclosed

- 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, blanks, and ALS Canada laboratory.

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 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)

### 20-122-137

[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--9d8704ca-541e-4fe0-9bfd-a5db4d0a2cd9#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

#### 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

### 20-122-138

[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--9d8704ca-541e-4fe0-9bfd-a5db4d0a2cd9#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

#### 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

### 20-132-55

[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--9d8704ca-541e-4fe0-9bfd-a5db4d0a2cd9#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

#### 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

### 20-132-55

[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--9d8704ca-541e-4fe0-9bfd-a5db4d0a2cd9#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

#### 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

### 20-133-69

[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--9d8704ca-541e-4fe0-9bfd-a5db4d0a2cd9#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

#### 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

### 20-133-69

[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--9d8704ca-541e-4fe0-9bfd-a5db4d0a2cd9#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

#### 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 factor: Bonanza Intercept

Evidence · table

> 293.0

Context: 0.50

### 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--9d8704ca-541e-4fe0-9bfd-a5db4d0a2cd9#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

#### 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

### 20-133-69

[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--9d8704ca-541e-4fe0-9bfd-a5db4d0a2cd9#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

#### 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

### 20-133-70

[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--9d8704ca-541e-4fe0-9bfd-a5db4d0a2cd9#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

#### 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 factor: Bonanza Intercept

Evidence · table

> 783.0

Context: 0.20

### 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--9d8704ca-541e-4fe0-9bfd-a5db4d0a2cd9#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

#### 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

### 20-151-17

[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--9d8704ca-541e-4fe0-9bfd-a5db4d0a2cd9#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.

Evidence · table

> 3.3

Context: 5.15

### 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--9d8704ca-541e-4fe0-9bfd-a5db4d0a2cd9#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.

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.