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Monarques Gold Stakes Nearly 30km2 of Additional Ground at Croinor Gold
Monarques Gold (TSXV:MQR) has announced that it has staked 52 new mining claims covering an additional 30 km2 at Croinor Gold. As quoted in the press release: The claims were staked following the receipt of assay results for geochemistry samples collected at the boundaries of the Croinor Gold property in September and the discovery of …
Monarques Gold (TSXV:MQR) has announced that it has staked 52 new mining claims covering an additional 30 km2 at Croinor Gold.
As quoted in the press release:
The claims were staked following the receipt of assay results for geochemistry samples collected at the boundaries of the Croinor Gold property in September and the discovery of new gold-bearing structures during stripping in the summer of 2016.
“Croinor Gold now totals 335 mining claims covering an area of more than 150 km2,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “This staking greatly increases the property’s exploration potential, which has more than eight surface gold showings that have not yet been fully explored.”
Two drills continue with the drilling program at Croinor Gold, with one dedicated to increasing the Inferred resource and testing the grade of some of the zones of the Indicated resource, and the other testing exploration targets in and around the Gold Bug stripped area, as well as the diorite hosting the Croinor Gold deposit, to the south of the deposit. Drill results are pending.
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