# Monarca Minerals Reports Final Drill Hole Assays from Phase 1 Exploration Drilling at San Jose Project - Including Significant Molybdenum & Copper Values

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773

Original source: https://money.tmx.com/en/quote/MMN/news/5231005240648112/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli

Publisher: tmx

Original announcement: 2021-12-14T13:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Monarca Minerals, Inc.

- Ticker: MMN

- Exchange: TSX

- Region: Unavailable

- Primary commodity: Copper

- Secondary commodities: Molybdenum, Gold, Silver, Lead, Zinc

- Document categories: Drill results

- Extracted: 2026-09-16 11:17:57 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Monarca Minerals has reported final assay results from the last eight drill holes of its Phase 1 exploration drilling program at the San Jose project. The program identified significant copper and molybdenum mineralization in narrow intercepts, as well as broad zones of anomalous gold and copper, indicating potential for skarn mineralization. The company is pleased with the results, which confirm exploration potential, particularly to the west of the drilled areas.

Reasoning: Phase 1 exploration drilling at San Jose identified narrow, high-grade copper and molybdenum intercepts, alongside broad zones of anomalous gold and copper, confirming exploration potential for skarn mineralization. However, true widths are not reported, and many grades are low, tempering the overall positive outlook.

- Positive factor: Significant copper and molybdenum values identified in narrow intercepts

- Positive factor: Confirmation of exploration potential, particularly for skarn mineralization at depth

- Positive factor: Broad anomalous mineralization indicates a large mineralized system

- Positive factor: QA/QC procedures are disclosed and a Qualified Person has signed off

- Negative factor: True widths of intercepts are unknown, potentially overstating thickness

- Negative factor: Many reported intercepts are low-grade or 'anomalous'

- Negative factor: Collar locations measured with handheld GPS, leading to lower precision

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 26

## Classification and evidence

**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: 'True widths are unknown at this time due to insufficient drilling.'

Evidence · text

> True widths are unknown at this time due to insufficient drilling.

**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: The release includes a 'Quality Assurance and Quality Control Statement' detailing procedures like blanks, standards, and duplicates, and mentions an ISO Accredited laboratory.

Evidence · text

> Procedures have been implemented by Monarca to assure Quality Assurance Quality Control \(QAQC\) of all assaying that was done at an ISO Accredited laboratory.

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The company commentary highlights 'significant exploration potential, especially to the west of the areas drilled to date' and discusses targeting IP anomalies, indicating drilling aimed at extending known mineralization or finding new zones.

Evidence · text

> The drilling indicates that the property has significant exploration potential, especially to the west of the areas drilled to date.

## Extracted facts

Stored fact records: 26. Some facts used in scoring do not have a stored record.

## Drill Results (26)

### SJ02

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-0)

copper

#### Identity

- Hole ID: SJ02
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 1.02
- Grade Unit: %
- Intercept: 1.5 m
- Hole Depth: 292.6 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226571.317
- Northing: 3496172.71
- CRS: WGS84 UTM
- Elevation: 1354 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A strong copper grade was intersected in this exploration hole, indicating potential, though the narrow width and unknown true width temper its materiality.

- Positive factor: Strong copper grade for a skarn deposit

- Positive factor: New assay result from exploration drilling

- Negative factor: Narrow intercept length

- Negative factor: True width unknown

Evidence · text

> 1.5 m at 1.02 % Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ02

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-1)

gold

#### Identity

- Hole ID: SJ02
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.2
- Grade Unit: g/t
- Intercept: 1.5 m
- Hole Depth: 292.6 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226571.317
- Northing: 3496172.71
- CRS: WGS84 UTM
- Elevation: 1354 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A narrow intercept with a weak gold grade, though a new result from exploration, has limited materiality.

- Positive factor: New assay result from exploration drilling

- Negative factor: Weak gold grade

- Negative factor: Narrow intercept length

- Negative factor: True width unknown

Evidence · text

> 0.20 grams/tonne \(g/t\) Au

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ02

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-2)

molybdenum

#### Identity

- Hole ID: SJ02
- Commodity: molybdenum
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.17
- Grade Unit: %
- Intercept: 1.5 m
- Hole Depth: 292.6 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226571.317
- Northing: 3496172.71
- CRS: WGS84 UTM
- Elevation: 1354 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A significant molybdenum value was intersected, adding to the polymetallic potential, but the narrow width and unknown true width limit its immediate impact.

- Positive factor: Significant molybdenum value

- Positive factor: New assay result from exploration drilling

- Negative factor: Narrow intercept length

- Negative factor: True width unknown

Evidence · text

> 0.17 % Mo

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ02

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-3)

gold

#### Identity

- Hole ID: SJ02
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.02
- Grade Unit: g/t
- Intercept: 265.2 m
- Hole Depth: 292.6 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226571.317
- Northing: 3496172.71
- CRS: WGS84 UTM
- Elevation: 1354 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.005
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A very long intercept of anomalous gold suggests broad mineralization, but the very low grade limits its immediate economic significance.

- Positive factor: Very long intercept length, indicating broad mineralization

- Positive factor: New assay result from exploration drilling

- Negative factor: Very weak gold grade \(anomalous\)

- Negative factor: True width unknown

Evidence · text

> 265.2 m at 0.02 g/t Au \(at ≥0.005 g/t\)

#### Tags used in scoring

**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: qaqc\_disclosed is true

### SJ02

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-4)

copper

#### Identity

- Hole ID: SJ02
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.21
- Grade Unit: %
- Intercept: 50.3 m
- Hole Depth: 292.6 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226571.317
- Northing: 3496172.71
- CRS: WGS84 UTM
- Elevation: 1354 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Compositing

- Cutoff Grade: 0.1
- Cutoff Unit: %

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A long intercept of anomalous copper suggests broad mineralization, but the weak grade limits its immediate economic significance.

- Positive factor: Long intercept length, indicating broad mineralization

- Positive factor: New assay result from exploration drilling

- Negative factor: Weak copper grade \(anomalous\)

- Negative factor: True width unknown

Evidence · text

> 50.3 m at 0.21 % Cu \(at ≥ 0.1 %\)

#### Tags used in scoring

**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: qaqc\_disclosed is true

### SJ04

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-5)

gold

#### Identity

- Hole ID: SJ04
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.01
- Grade Unit: g/t
- Intercept: 38.1 m
- Hole Depth: 152.4 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226968.245
- Northing: 3495018.44
- CRS: WGS84 UTM
- Elevation: 1314 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: This exploration hole intersected only anomalous gold and failed to hit the target mineralization, indicating limited success for this specific hole.

- Positive factor: New assay result from exploration drilling

- Negative factor: Very weak gold grade \(anomalous\)

- Negative factor: True width unknown

- Negative factor: Drill hole failed to intersect target mineralization

Evidence · text

> 38.1 m of anomalous Au mineralization, at 0.01 g/t

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ01

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-6)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: SJ01
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 4.07
- Grade Unit: ppm
- Intercept: 3 m
- Hole Depth: 140.2 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226965.471
- Northing: 3495017.74
- CRS: WGS84 UTM
- Elevation: 1395 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A strong historical gold intercept, while positive, is not new information and its true width remains unknown.

- Positive factor: Strong gold grade for a skarn deposit

- Negative factor: Narrow intercept length

- Negative factor: True width unknown

- Negative factor: Historical result, not new information

Evidence · text

> 3.0 m at 4.07 ppm Au

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### SJ01

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-7)

lead

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: SJ01
- Commodity: lead
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.23
- Grade Unit: %
- Intercept: 3 m
- Hole Depth: 140.2 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226965.471
- Northing: 3495017.74
- CRS: WGS84 UTM
- Elevation: 1395 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A narrow historical lead intercept, while present, is not new information and its true width remains unknown.

- Negative factor: Narrow intercept length

- Negative factor: True width unknown

- Negative factor: Historical result, not new information

Evidence · text

> 0.23 % Pb

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### SJ01

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-8)

zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: SJ01
- Commodity: zinc
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.49
- Grade Unit: %
- Intercept: 3 m
- Hole Depth: 140.2 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226965.471
- Northing: 3495017.74
- CRS: WGS84 UTM
- Elevation: 1395 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A narrow historical zinc intercept, while present, is not new information and its true width remains unknown.

- Negative factor: Narrow intercept length

- Negative factor: True width unknown

- Negative factor: Historical result, not new information

Evidence · text

> 0.49 % Zn

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### SJ05

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-9)

copper

#### Identity

- Hole ID: SJ05
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.94
- Grade Unit: %
- Intercept: 4.6 m
- Hole Depth: 313.9 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226507.532
- Northing: 3496571.79
- CRS: WGS84 UTM
- Elevation: 1289 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A strong copper grade was intersected in this exploration hole, indicating potential, though the narrow width and unknown true width temper its materiality.

- Positive factor: Strong copper grade for a skarn deposit

- Positive factor: New assay result from exploration drilling

- Negative factor: Narrow intercept length

- Negative factor: True width unknown

Evidence · text

> 4.6 m at 0.94 % Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ05

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-10)

gold

#### Identity

- Hole ID: SJ05
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.3
- Grade Unit: g/t
- Intercept: 4.6 m
- Hole Depth: 313.9 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226507.532
- Northing: 3496571.79
- CRS: WGS84 UTM
- Elevation: 1289 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A narrow intercept with a weak gold grade, though a new result from exploration, has limited materiality.

- Positive factor: New assay result from exploration drilling

- Negative factor: Weak gold grade

- Negative factor: Narrow intercept length

- Negative factor: True width unknown

Evidence · text

> 0.3 g/t Au

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ05

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-11)

gold

#### Identity

- Hole ID: SJ05
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.42
- Grade Unit: g/t
- Intercept: 1.5 m
- Hole Depth: 313.9 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226507.532
- Northing: 3496571.79
- CRS: WGS84 UTM
- Elevation: 1289 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A narrow intercept with a weak gold grade, though a new result from exploration, has limited materiality.

- Positive factor: New assay result from exploration drilling

- Negative factor: Weak gold grade

- Negative factor: Narrow intercept length

- Negative factor: True width unknown

Evidence · text

> 1.5 m at 0.42 g/t Au

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ05

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-12)

copper

#### Identity

- Hole ID: SJ05
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.21
- Grade Unit: %
- Intercept: 1.5 m
- Hole Depth: 313.9 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226507.532
- Northing: 3496571.79
- CRS: WGS84 UTM
- Elevation: 1289 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A narrow intercept with a weak copper grade, though a new result from exploration, has limited materiality.

- Positive factor: New assay result from exploration drilling

- Negative factor: Weak copper grade

- Negative factor: Narrow intercept length

- Negative factor: True width unknown

Evidence · text

> 0.21% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ05

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-13)

gold

#### Identity

- Hole ID: SJ05
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.05
- Grade Unit: g/t
- Intercept: 246.9 m
- Hole Depth: 313.9 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226507.532
- Northing: 3496571.79
- CRS: WGS84 UTM
- Elevation: 1289 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A very long intercept of anomalous gold suggests broad mineralization, but the very low grade limits its immediate economic significance.

- Positive factor: Very long intercept length, indicating broad mineralization

- Positive factor: New assay result from exploration drilling

- Negative factor: Very weak gold grade \(anomalous\)

- Negative factor: True width unknown

Evidence · text

> 246.9 m at 0.05 g/t

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ05

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-14)

copper

#### Identity

- Hole ID: SJ05
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.3
- Grade Unit: %
- Intercept: 68.6 m
- Hole Depth: 313.9 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226507.532
- Northing: 3496571.79
- CRS: WGS84 UTM
- Elevation: 1289 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A long intercept of weak copper mineralization suggests broad potential, but the grade is not high enough to be highly material on its own.

- Positive factor: Long intercept length, indicating broad mineralization

- Positive factor: New assay result from exploration drilling

- Negative factor: Weak copper grade

- Negative factor: True width unknown

Evidence · text

> 68.6 m at 0.3 % Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ06

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-15)

copper

#### Identity

- Hole ID: SJ06
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.94
- Grade Unit: %
- Intercept: 1.5 m
- Hole Depth: 339.9 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226513.236
- Northing: 3496561.1
- CRS: WGS84 UTM
- Elevation: 1289 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A strong copper grade was intersected in this exploration hole, indicating potential, though the narrow width and unknown true width temper its materiality.

- Positive factor: Strong copper grade for a skarn deposit

- Positive factor: New assay result from exploration drilling

- Negative factor: Narrow intercept length

- Negative factor: True width unknown

Evidence · text

> 1.5 m at 0.94 % Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ06

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-16)

gold

#### Identity

- Hole ID: SJ06
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.3
- Grade Unit: g/t
- Intercept: 1.5 m
- Hole Depth: 339.9 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226513.236
- Northing: 3496561.1
- CRS: WGS84 UTM
- Elevation: 1289 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A narrow intercept with a weak gold grade, though a new result from exploration, has limited materiality.

- Positive factor: New assay result from exploration drilling

- Negative factor: Weak gold grade

- Negative factor: Narrow intercept length

- Negative factor: True width unknown

Evidence · text

> 0.30 g/t Au

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ06

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-17)

gold

#### Identity

- Hole ID: SJ06
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.03
- Grade Unit: g/t
- Intercept: 300.2 m
- Hole Depth: 339.9 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226513.236
- Northing: 3496561.1
- CRS: WGS84 UTM
- Elevation: 1289 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A very long intercept of anomalous gold suggests broad mineralization, but the very low grade limits its immediate economic significance.

- Positive factor: Very long intercept length, indicating broad mineralization

- Positive factor: New assay result from exploration drilling

- Negative factor: Very weak gold grade \(anomalous\)

- Negative factor: True width unknown

Evidence · text

> 300.2 m at 0.03 g/t Au

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ06

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-18)

copper

#### Identity

- Hole ID: SJ06
- Commodity: copper
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.16
- Grade Unit: %
- Intercept: 41.1 m
- Hole Depth: 339.9 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226513.236
- Northing: 3496561.1
- CRS: WGS84 UTM
- Elevation: 1289 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A long intercept of anomalous copper suggests broad mineralization, but the weak grade limits its immediate economic significance.

- Positive factor: Long intercept length, indicating broad mineralization

- Positive factor: New assay result from exploration drilling

- Negative factor: Weak copper grade \(anomalous\)

- Negative factor: True width unknown

Evidence · text

> 41.1 m at 0.16% Cu

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ07

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-19)

gold

#### Identity

- Hole ID: SJ07
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.28
- Grade Unit: g/t
- Intercept: 1.5 m
- Hole Depth: 317 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226683.338
- Northing: 3496583.92
- CRS: WGS84 UTM
- Elevation: 1245 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A narrow intercept with a weak gold grade, though a new result from exploration, has limited materiality.

- Positive factor: New assay result from exploration drilling

- Negative factor: Weak gold grade

- Negative factor: Narrow intercept length

- Negative factor: True width unknown

Evidence · text

> 1.5 m at 0.28 g/t Au

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ07

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-20)

molybdenum

#### Identity

- Hole ID: SJ07
- Commodity: molybdenum
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.22
- Grade Unit: %
- Intercept: 1.5 m
- Hole Depth: 317 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226683.338
- Northing: 3496583.92
- CRS: WGS84 UTM
- Elevation: 1245 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A significant molybdenum value was intersected, adding to the polymetallic potential, but the narrow width and unknown true width limit its immediate impact.

- Positive factor: Significant molybdenum value

- Positive factor: New assay result from exploration drilling

- Negative factor: Narrow intercept length

- Negative factor: True width unknown

Evidence · text

> 1.5 m at 0.22 % Mo

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ07

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-21)

gold

#### Identity

- Hole ID: SJ07
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.02
- Grade Unit: g/t
- Intercept: 243.8 m
- Hole Depth: 317 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226683.338
- Northing: 3496583.92
- CRS: WGS84 UTM
- Elevation: 1245 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A very long intercept of anomalous gold suggests broad mineralization, but the very low grade limits its immediate economic significance.

- Positive factor: Very long intercept length, indicating broad mineralization

- Positive factor: New assay result from exploration drilling

- Negative factor: Very weak gold grade \(anomalous\)

- Negative factor: True width unknown

Evidence · text

> 243.8 m at 0.02 g/t Au

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ09

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-22)

gold

#### Identity

- Hole ID: SJ09
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.01
- Grade Unit: g/t
- Intercept: 266.7 m
- Hole Depth: 408.4 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226486.395
- Northing: 3497179.28
- CRS: WGS84 UTM
- Elevation: 1308 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A very long intercept of anomalous gold suggests broad mineralization, but the very low grade limits its immediate economic significance.

- Positive factor: Very long intercept length, indicating broad mineralization

- Positive factor: New assay result from exploration drilling

- Negative factor: Very weak gold grade \(anomalous\)

- Negative factor: True width unknown

Evidence · text

> 266.7 m at 0.01 g/t Au

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ09

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-23)

zinc

#### Identity

- Hole ID: SJ09
- Commodity: zinc
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.2
- Grade Unit: %
- Intercept: 24.4 m
- Hole Depth: 408.4 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226486.395
- Northing: 3497179.28
- CRS: WGS84 UTM
- Elevation: 1308 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A moderate intercept with a weak zinc grade, though a new result from exploration, has limited materiality.

- Positive factor: New assay result from exploration drilling

- Negative factor: Weak zinc grade

- Negative factor: Moderate intercept length

- Negative factor: True width unknown

Evidence · text

> 24.4 m at 0.20 % Zn

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ13

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-24)

gold

#### Identity

- Hole ID: SJ13
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.01
- Grade Unit: g/t
- Intercept: 106.7 m
- Hole Depth: 371.9 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 226966.671
- Northing: 3495016.37
- CRS: WGS84 UTM
- Elevation: 1315 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: This exploration hole intersected only anomalous gold and failed to hit the target mineralization, indicating limited success for this specific hole.

- Positive factor: New assay result from exploration drilling

- Negative factor: Very weak gold grade \(anomalous\)

- Negative factor: True width unknown

- Negative factor: Drill hole failed to intersect target mineralization

Evidence · text

> 106.7 m of anomalous Au mineralization, at 0.01 g/t

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SJ14

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarca-minerals-reports-final-drill-hole-assays-from-phase-1-exploration-drilli--7c09aa5f-a3ec-40b1-8905-a1e073403773#fact-drill-facts-25)

gold

#### Identity

- Hole ID: SJ14
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: MMN

#### Geometry

- Grade: 0.01
- Grade Unit: g/t
- Intercept: 56.4 m
- Hole Depth: 317 m

#### Classification

- Deposit Type: skarn
- Program: exploration
- Sample Type: drill

#### Location

- Easting: 227104.133
- Northing: 3496167.9
- CRS: WGS84 UTM
- Elevation: 1309 m
- Loc. Confidence: medium
- Loc. Source: document

#### QA/QC

- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2021-12-14T00:00:00.000Z

Reasoning: A moderate intercept of anomalous gold suggests broad mineralization, but the very low grade limits its immediate economic significance.

- Positive factor: New assay result from exploration drilling

- Negative factor: Very weak gold grade \(anomalous\)

- Negative factor: True width unknown

Evidence · text

> 56.4 m at 0.01 g/t

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## 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.