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gold investing

Monarques Gold Announces the First Gold Pour at the Beaufor Mine Since its Acquisition Français

Written by Priscila Barrera
|
Oct. 26, 2017 09:39AM PST

MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX.V:MQR) (FRANKFURT: MR7) is pleased to announce that it has poured its first gold bar from the Beaufor mine ore since acquiring the mine on October 2, 2017. The gold bar weighs 756 ounces (23.5 kg). As quoted in the press release: “Today Monarques marks a major milestone in its history …

MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX.V:MQR) (FRANKFURT: MR7) is pleased to announce that it has poured its first gold bar from the Beaufor mine ore since acquiring the mine on October 2, 2017. The gold bar weighs 756 ounces (23.5 kg).
As quoted in the press release:

“Today Monarques marks a major milestone in its history as it joins the coveted status of gold producers,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “Since acquiring the assets of Richmont Mines in Quebec, we have worked hard to optimize the Beaufor Mine’s performance, including signing custom milling contracts so that the Camflo mill may operate at full capacity. Our main goal for the Beaufor Mine is to restore the mine’s profitability and extend its life.”

Click here for the full text release

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