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Monarques Resources Inc. (CVE:MQR) announced drilling results from the Quebec-based Arques property.
Monarques Resources Inc. (TSXV:MQR) announced drilling results from the Quebec-based Arques property.
The press release is quoted as saying:
All holes have mainly revealed critically undersaturated lithologies (monzonite). In addition, the hole RUP-11-05 has returned TREO values of 0.77% over 2.1 meters, 0.80% over 3.8 meters and 0.59% over 3.1 meter of which the best intersection grades 1.50% TREO over 1.0 meter.
Monarques’ President and CEO, Guy Bourassa said:
“Our 2011 winter program has provided an extraordinary surprise as it has confirmed the Arques complex as a new REE bearing unknown intrusive alkaline complex.”
Click here to read the entire news release.
