Posted in | Gold | Mining Business

Monarques Begins 2016 Field Work at Croinor Gold Project

MONARQUES GOLD CORP. is pleased to announce that it has started 2016 field work at its Croinor Gold project with a drilling program on the Gold Bug showing discovered in 2015.

The Croinor Gold project, which hosts the Croinor deposit (43-101 Resource Estimate) and is Monarques' key asset, is located approximately 70 kilometres east of Val-d'Or, Quebec.

The goal of the current program is to test the continuity of the Gold Bug zone along strike and at depth by drilling a series of short holes spaced at a maximum of about ten metres, given the erratic nature of systems with free (visible) gold. The program, which consists of about ten holes for some 795 metres, should be completed by the end of April.

The technical and scientific content of this press release has been reviewed and approved by Antoine Fournier, P.Geo., the Corporation's Qualified Person under National Instrument 43-101.

Sampling normally consisted of sawing the core into two equal halves along its main axis and shipping one of the halves to Techni-Lab S.G.B. Abitibi Inc. in Val-d'Or for assaying. The samples are crushed, pulverized and assayed by fire assay with atomic absorption finish. Results exceeding 3.0 g/t are re-assayed using the gravity method. Samples containing gold grains are assayed using the metallic sieve method at the Techni-Lab laboratory in Ste-Germaine-Boulé. Monarques has established a full QA/QC protocol, including the insertion of standards, blanks and duplicates.


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