Monarch Gold Intersects 35.87 g/t Au Over 9.8 Metres (32 Feet) From Exploration Holes at the Beaufor Mine

Original announcement by tmx on

Company
MONARCH GOLD CORPORATION
Ticker
MQR
Exchange
TSX
Region
Quebec, Canada
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-09-18 11:18:26 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Monarch Gold announced the first results from its 2020 surface exploration drilling program at the Beaufor Mine project in Quebec, Canada. The program yielded high-grade gold intercepts, including 35.87 g/t Au over 9.8 metres and 535 g/t Au over 0.5 metres. These near-surface results are part of a larger program to define new resources and reserves around existing underground infrastructure, with the aim of restarting gold production at the mine.

Reasoning: Monarch Gold reported high-grade gold intercepts from its surface exploration drilling program at the Beaufor Mine, including several bonanza grades. These results are significant for defining new near-mine resources and support the company's goal of restarting gold production, leveraging existing infrastructure. The nuggety nature of gold and estimated true widths introduce some uncertainty.

Positive factors

  • High-grade gold intercepts reported from exploration drilling
  • Near-surface mineralization identified
  • Good continuity of gold mineralization observed
  • Drilling aimed at converting targets into resources and reserves
  • Existing underground infrastructure provides development advantage

Negative factors

  • Nuggety gold distribution can lead to variability
  • True width is estimated, not precisely measured for all intercepts

Facts used in scoring: 19

Extracted facts

Stored fact records: 19. Some facts used in scoring do not have a stored record.

Drill Results (19)

BES-20-002Beaufor Mine · goldGrade: 14.58Grade Unit: g/tIntercept: 1.2 mView all details
Link to this fact

Identity

Hole ID
BES-20-002
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
14.58
Grade Unit
g/t
Intercept
1.2 m
From
263 m
To
264.2 m
Hole Depth
396 m
Intercept Depth
263 m

Classification

Program
exploration
Sample Type
drill
Group ID
BES-20-002:263-264.2
Mining Method
underground

Location

Easting
1532.555
Northing
3125.271
Elevation
3048.18 m
Azimuth
45 °
Dip
-76 °
Loc. Source
document

QA/QC

Laboratory
ALS Canada and AGAT
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: Hole BES-20-002 returned a strong gold grade of 14.58 g/t over a narrow intercept, contributing to the overall positive exploration results near the existing mine infrastructure.

Positive factors

  • Strong gold grade
  • Part of a near-mine exploration program

Negative factors

  • Narrow intercept length
  • True width is estimated

Evidence · table

“14.58”

Context: 1.20

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Collar coordinates (mine grid): Hole number Azimuth (°) Dip (°) Length (m) Mine E Mine N Mine Elevation BES-20-001 45 -7"

BES-20-002Beaufor Mine · goldGrade: 33.9Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
BES-20-002
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
33.9
Grade Unit
g/t
Intercept
0.5 m
From
263.7 m
To
264.2 m
Hole Depth
396 m
Intercept Depth
263 m

Classification

Program
exploration
Sample Type
drill
Group ID
BES-20-002:263.7-264.2
Mining Method
underground

Location

Easting
1532.555
Northing
3125.271
Elevation
3048.18 m
Azimuth
45 °
Dip
-76 °
Loc. Source
document

QA/QC

Laboratory
ALS Canada and AGAT
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This included interval shows an exceptional gold grade of 33.90 g/t, highlighting the high-grade nature of the mineralization, despite its very narrow width.

Positive factors

  • Exceptional gold grade within a narrow interval
  • Confirms high-grade potential in the area

Negative factors

  • Very narrow intercept length
  • True width is estimated

Evidence · table

“33.90”

Context: 0.50

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Collar coordinates (mine grid): Hole number Azimuth (°) Dip (°) Length (m) Mine E Mine N Mine Elevation BES-20-001 45 -7"

BES-20-003Beaufor Mine · goldGrade: 2.56Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
BES-20-003
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
2.56
Grade Unit
g/t
Intercept
0.55 m
From
267.15 m
To
267.7 m
Hole Depth
365.5 m
Intercept Depth
267.15 m

Classification

Program
exploration
Sample Type
drill
Group ID
BES-20-003:267.15-267.7
Mining Method
underground

Location

Easting
1585.609
Northing
3128.529
Elevation
3048.66 m
Azimuth
45 °
Dip
-76 °
Loc. Source
document

QA/QC

Laboratory
ALS Canada and AGAT
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: Hole BES-20-003 returned a strong gold grade over a very narrow interval, indicating mineralization but with limited width.

Positive factors

  • Strong gold grade

Negative factors

  • Very narrow intercept length
  • True width is estimated

Evidence · table

“2.56”

Context: 0.55

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Collar coordinates (mine grid): Hole number Azimuth (°) Dip (°) Length (m) Mine E Mine N Mine Elevation BES-20-001 45 -7"

BES-20-004Beaufor Mine · goldGrade: 2.44Grade Unit: g/tIntercept: 1.45 mView all details
Link to this fact

Identity

Hole ID
BES-20-004
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
2.44
Grade Unit
g/t
Intercept
1.45 m
From
272.15 m
To
273.6 m
Hole Depth
402 m
Intercept Depth
272.15 m

Classification

Program
exploration
Sample Type
drill
Group ID
BES-20-004:272.15-273.6
Mining Method
underground

Location

Easting
1572.465
Northing
3113.746
Elevation
3048.49 m
Azimuth
45 °
Dip
-76 °
Loc. Source
document

QA/QC

Laboratory
ALS Canada and AGAT
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: Hole BES-20-004 shows a strong gold grade over a narrow interval, contributing to the overall exploration success.

Positive factors

  • Strong gold grade

Negative factors

  • Narrow intercept length
  • True width is estimated

Evidence · table

“2.44”

Context: 1.45

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Collar coordinates (mine grid): Hole number Azimuth (°) Dip (°) Length (m) Mine E Mine N Mine Elevation BES-20-001 45 -7"

BES-20-004Beaufor Mine · goldGrade: 180Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
BES-20-004
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
180
Grade Unit
g/t
Intercept
0.5 m
From
325.1 m
To
325.6 m
Hole Depth
402 m
Intercept Depth
325.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
BES-20-004:325.1-325.6
Mining Method
underground

Location

Easting
1572.465
Northing
3113.746
Elevation
3048.49 m
Azimuth
45 °
Dip
-76 °
Loc. Source
document

QA/QC

Laboratory
ALS Canada and AGAT
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This bonanza-grade intercept of 180.00 g/t Au over 0.5 metres from a newly identified vein structure in hole BES-20-004 is highly material, indicating significant high-grade potential.

Positive factors

  • Bonanza gold grade
  • Discovery of a new high-grade vein structure

Negative factors

  • Very narrow intercept length
  • True width is estimated

Evidence · table

“180.00”

Context: 0.50

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Collar coordinates (mine grid): Hole number Azimuth (°) Dip (°) Length (m) Mine E Mine N Mine Elevation BES-20-001 45 -7"

BES-20-005Beaufor Mine · goldGrade: 9.48Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
BES-20-005
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
9.48
Grade Unit
g/t
Intercept
0.5 m
From
152.35 m
To
152.85 m
Hole Depth
216.05 m
Intercept Depth
152.35 m

Classification

Program
exploration
Sample Type
drill
Group ID
BES-20-005:152.35-152.85
Mining Method
underground

Location

Easting
1772.664
Northing
3616.133
Elevation
3048.73 m
Azimuth
45 °
Dip
-75 °
Loc. Source
document

QA/QC

Laboratory
ALS Canada and AGAT
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: Hole BES-20-005 yielded an exceptional gold grade over a very narrow interval, indicating high-grade mineralization.

Positive factors

  • Exceptional gold grade

Negative factors

  • Very narrow intercept length
  • True width is estimated

Evidence · table

“9.48”

Context: 0.50

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Collar coordinates (mine grid): Hole number Azimuth (°) Dip (°) Length (m) Mine E Mine N Mine Elevation BES-20-001 45 -7"

BES-20-005Beaufor Mine · goldGrade: 38.2Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
BES-20-005
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
38.2
Grade Unit
g/t
Intercept
0.5 m
From
200.5 m
To
201 m
Hole Depth
216.05 m
Intercept Depth
200.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
BES-20-005:200.5-201
Mining Method
underground

Location

Easting
1772.664
Northing
3616.133
Elevation
3048.73 m
Azimuth
45 °
Dip
-75 °
Loc. Source
document

QA/QC

Laboratory
ALS Canada and AGAT
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This intercept from hole BES-20-005 shows an exceptional gold grade of 38.20 g/t over a very narrow interval, indicating high-grade mineralization.

Positive factors

  • Exceptional gold grade

Negative factors

  • Very narrow intercept length
  • True width is estimated

Evidence · table

“38.20”

Context: 0.50

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Collar coordinates (mine grid): Hole number Azimuth (°) Dip (°) Length (m) Mine E Mine N Mine Elevation BES-20-001 45 -7"

BES-20-005Beaufor Mine · goldGrade: 3.06Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
BES-20-005
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
3.06
Grade Unit
g/t
Intercept
2.6 m
From
205.05 m
To
207.65 m
Hole Depth
216.05 m
Intercept Depth
205.05 m

Classification

Program
exploration
Sample Type
drill
Group ID
BES-20-005:205.05-207.65
Mining Method
underground

Location

Easting
1772.664
Northing
3616.133
Elevation
3048.73 m
Azimuth
45 °
Dip
-75 °
Loc. Source
document

QA/QC

Laboratory
ALS Canada and AGAT
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: Hole BES-20-005 shows a strong gold grade over a narrow interval, indicating consistent mineralization.

Positive factors

  • Strong gold grade

Negative factors

  • Narrow intercept length
  • True width is estimated

Evidence · table

“3.06”

Context: 2.60

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Collar coordinates (mine grid): Hole number Azimuth (°) Dip (°) Length (m) Mine E Mine N Mine Elevation BES-20-001 45 -7"

BES-20-008Beaufor Mine · goldGrade: 2.54Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
BES-20-008
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
2.54
Grade Unit
g/t
Intercept
0.6 m
From
89.9 m
To
90.5 m
Hole Depth
234.05 m
Intercept Depth
89.9 m

Classification

Program
exploration
Sample Type
drill
Group ID
BES-20-008:89.9-90.5
Mining Method
underground

Location

Easting
2464.365
Northing
3561.939
Elevation
3057.93 m
Azimuth
45 °
Dip
-76 °
Loc. Source
document

QA/QC

Laboratory
ALS Canada and AGAT
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: Hole BES-20-008 returned a strong gold grade over a very narrow interval, indicating mineralization at shallow depth.

Positive factors

  • Strong gold grade

Negative factors

  • Very narrow intercept length
  • True width is estimated

Evidence · table

“2.54”

Context: 0.60

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Collar coordinates (mine grid): Hole number Azimuth (°) Dip (°) Length (m) Mine E Mine N Mine Elevation BES-20-001 45 -7"

BES-20-014Beaufor Mine · goldGrade: 3.86Grade Unit: g/tIntercept: 0.55 mView all details
Link to this fact

Identity

Hole ID
BES-20-014
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
3.86
Grade Unit
g/t
Intercept
0.55 m
From
68.5 m
To
69.05 m
Hole Depth
105 m
Intercept Depth
68.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
BES-20-014:68.5-69.05
Mining Method
underground

Location

Easting
1240.139
Northing
3320.531
Elevation
3045.46 m
Azimuth
359 °
Dip
-45 °
Loc. Source
document

QA/QC

Laboratory
ALS Canada and AGAT
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: Hole BES-20-014 returned a strong gold grade over a very narrow interval, indicating mineralization at shallow depth.

Positive factors

  • Strong gold grade

Negative factors

  • Very narrow intercept length
  • True width is estimated

Evidence · table

“3.86”

Context: 0.55

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Collar coordinates (mine grid): Hole number Azimuth (°) Dip (°) Length (m) Mine E Mine N Mine Elevation BES-20-001 45 -7"

BES-20-016Beaufor Mine · goldGrade: 11.02Grade Unit: g/tIntercept: 5.55 mView all details
Link to this fact

Identity

Hole ID
BES-20-016
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
11.02
Grade Unit
g/t
Intercept
5.55 m
From
88.6 m
To
94.15 m
Hole Depth
213 m
Intercept Depth
88.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
BES-20-016:88.6-94.15
Mining Method
underground

Location

Easting
1428.936
Northing
3350.743
Elevation
3047.7 m
Azimuth
351 °
Dip
-53 °
Loc. Source
document

QA/QC

Laboratory
ALS Canada and AGAT
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: Hole BES-20-016 delivered an exceptional gold grade of 11.02 g/t over a moderate width, representing a significant near-surface exploration success.

Positive factors

  • Exceptional gold grade
  • Moderate intercept length
  • Near-surface mineralization

Negative factors

  • True width is estimated

Evidence · table

“11.02”

Context: 5.55

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Collar coordinates (mine grid): Hole number Azimuth (°) Dip (°) Length (m) Mine E Mine N Mine Elevation BES-20-001 45 -7"

BES-20-016Beaufor Mine · goldGrade: 76.6Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
BES-20-016
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
76.6
Grade Unit
g/t
Intercept
0.7 m
From
89.1 m
To
89.8 m
Hole Depth
213 m
Intercept Depth
88.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
BES-20-016:89.1-89.8
Mining Method
underground

Location

Easting
1428.936
Northing
3350.743
Elevation
3047.7 m
Azimuth
351 °
Dip
-53 °
Loc. Source
document

QA/QC

Laboratory
ALS Canada and AGAT
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This included interval from hole BES-20-016 shows an exceptional gold grade of 76.60 g/t, further confirming the high-grade nature of the mineralization.

Positive factors

  • Exceptional gold grade

Negative factors

  • Very narrow intercept length
  • True width is estimated

Evidence · table

“76.60”

Context: 0.70

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Collar coordinates (mine grid): Hole number Azimuth (°) Dip (°) Length (m) Mine E Mine N Mine Elevation BES-20-001 45 -7"

BES-20-017Beaufor Mine · goldGrade: 35.87Grade Unit: g/tIntercept: 9.8 mView all details
Link to this fact

Identity

Hole ID
BES-20-017
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
35.87
Grade Unit
g/t
Intercept
9.8 m
From
78.9 m
To
88.7 m
Hole Depth
195 m
Intercept Depth
78.9 m

Classification

Program
exploration
Sample Type
drill
Group ID
BES-20-017:78.9-88.7
Mining Method
underground

Location

Easting
1422.556
Northing
3370.148
Elevation
3047.14 m
Azimuth
351 °
Dip
-53 °
Loc. Source
document

QA/QC

Laboratory
ALS Canada and AGAT
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: Hole BES-20-017 delivered a bonanza gold grade of 35.87 g/t over a moderate width of 9.8 metres, resulting in an exceptional grade-thickness product and representing a highly material near-surface exploration success.

Positive factors

  • Bonanza gold grade
  • Moderate intercept length
  • Near-surface mineralization
  • High grade-thickness product (351.5 g/t·m)

Negative factors

  • True width is estimated

Evidence · table

“35.87”

Context: 9.80

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Collar coordinates (mine grid): Hole number Azimuth (°) Dip (°) Length (m) Mine E Mine N Mine Elevation BES-20-001 45 -7"

BES-20-017Beaufor Mine · goldGrade: 535Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
BES-20-017
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
535
Grade Unit
g/t
Intercept
0.5 m
From
79.4 m
To
79.9 m
Hole Depth
195 m
Intercept Depth
78.9 m

Classification

Program
exploration
Sample Type
drill
Group ID
BES-20-017:79.4-79.9
Mining Method
underground

Location

Easting
1422.556
Northing
3370.148
Elevation
3047.14 m
Azimuth
351 °
Dip
-53 °
Loc. Source
document

QA/QC

Laboratory
ALS Canada and AGAT
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This included interval from hole BES-20-017 shows an extremely high bonanza gold grade of 535.0 g/t, indicating exceptional localized mineralization.

Positive factors

  • Bonanza gold grade

Negative factors

  • Very narrow intercept length
  • True width is estimated

Evidence · table

“535.00”

Context: 0.50

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Collar coordinates (mine grid): Hole number Azimuth (°) Dip (°) Length (m) Mine E Mine N Mine Elevation BES-20-001 45 -7"

BES-20-017Beaufor Mine · goldGrade: 148.5Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
BES-20-017
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
148.5
Grade Unit
g/t
Intercept
0.5 m
From
88.2 m
To
88.7 m
Hole Depth
195 m
Intercept Depth
78.9 m

Classification

Program
exploration
Sample Type
drill
Group ID
BES-20-017:88.2-88.7
Mining Method
underground

Location

Easting
1422.556
Northing
3370.148
Elevation
3047.14 m
Azimuth
351 °
Dip
-53 °
Loc. Source
document

QA/QC

Laboratory
ALS Canada and AGAT
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: This included interval from hole BES-20-017 shows a bonanza gold grade of 148.50 g/t, further confirming the high-grade nature of the mineralization.

Positive factors

  • Bonanza gold grade

Negative factors

  • Very narrow intercept length
  • True width is estimated

Evidence · table

“148.50”

Context: 0.50

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Collar coordinates (mine grid): Hole number Azimuth (°) Dip (°) Length (m) Mine E Mine N Mine Elevation BES-20-001 45 -7"

BES-20-018Beaufor Mine · goldGrade: 34.2Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
BES-20-018
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
34.2
Grade Unit
g/t
Intercept
0.5 m
From
45.45 m
To
45.95 m
Hole Depth
78.2 m
Intercept Depth
45.45 m

Classification

Program
exploration
Sample Type
drill
Group ID
BES-20-018:45.45-45.95
Mining Method
underground

Location

Easting
1839.166
Northing
3177.31
Elevation
3051.61 m
Azimuth
45 °
Dip
-76 °
Loc. Source
document

QA/QC

Laboratory
ALS Canada and AGAT
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: Hole BES-20-018 returned an exceptional gold grade of 34.20 g/t over a very narrow interval at shallow depth, indicating high-grade potential.

Positive factors

  • Exceptional gold grade
  • Near-surface mineralization

Negative factors

  • Very narrow intercept length
  • True width is estimated

Evidence · table

“34.20”

Context: 0.50

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Collar coordinates (mine grid): Hole number Azimuth (°) Dip (°) Length (m) Mine E Mine N Mine Elevation BES-20-001 45 -7"

BES-20-018Beaufor Mine · goldGrade: 5.37Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
BES-20-018
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
5.37
Grade Unit
g/t
Intercept
0.6 m
From
66.65 m
To
67.25 m
Hole Depth
78.2 m
Intercept Depth
66.65 m

Classification

Program
exploration
Sample Type
drill
Group ID
BES-20-018:66.65-67.25
Mining Method
underground

Location

Easting
1839.166
Northing
3177.31
Elevation
3051.61 m
Azimuth
45 °
Dip
-76 °
Loc. Source
document

QA/QC

Laboratory
ALS Canada and AGAT
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: Hole BES-20-018 shows an exceptional gold grade over a very narrow interval, indicating high-grade mineralization.

Positive factors

  • Exceptional gold grade

Negative factors

  • Very narrow intercept length
  • True width is estimated

Evidence · table

“5.37”

Context: 0.60

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Collar coordinates (mine grid): Hole number Azimuth (°) Dip (°) Length (m) Mine E Mine N Mine Elevation BES-20-001 45 -7"

BES-20-019Beaufor Mine · goldGrade: 3.52Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
BES-20-019
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
3.52
Grade Unit
g/t
Intercept
1.5 m
From
77.75 m
To
79.25 m
Hole Depth
90 m
Intercept Depth
77.75 m

Classification

Program
exploration
Sample Type
drill
Group ID
BES-20-019:77.75-79.25
Mining Method
underground

Location

Easting
1846.974
Northing
3161.077
Elevation
3051 m
Azimuth
45 °
Dip
-75 °
Loc. Source
document

QA/QC

Laboratory
ALS Canada and AGAT
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: Hole BES-20-019 returned a strong gold grade over a narrow interval, indicating mineralization.

Positive factors

  • Strong gold grade

Negative factors

  • Narrow intercept length
  • True width is estimated

Evidence · table

“3.52”

Context: 1.50

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Collar coordinates (mine grid): Hole number Azimuth (°) Dip (°) Length (m) Mine E Mine N Mine Elevation BES-20-001 45 -7"

BES-20-021Beaufor Mine · goldGrade: 5.8Grade Unit: g/tIntercept: 2.05 mView all details
Link to this fact

Identity

Hole ID
BES-20-021
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
5.8
Grade Unit
g/t
Intercept
2.05 m
From
237.8 m
To
239.85 m
Hole Depth
315 m
Intercept Depth
237.8 m

Classification

Program
exploration
Sample Type
drill
Group ID
BES-20-021:237.8-239.85
Mining Method
underground

Location

Easting
1580.136
Northing
3149.757
Elevation
3049.35 m
Azimuth
50 °
Dip
-76 °
Loc. Source
document

QA/QC

Laboratory
ALS Canada and AGAT
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2021-01-19T00:00:00.000Z

Reasoning: Hole BES-20-021 returned an exceptional gold grade over a narrow interval, indicating consistent mineralization in a follow-up hole.

Positive factors

  • Exceptional gold grade

Negative factors

  • Narrow intercept length
  • True width is estimated

Evidence · table

“5.80”

Context: 2.05

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Collar coordinates (mine grid): Hole number Azimuth (°) Dip (°) Length (m) Mine E Mine N Mine Elevation BES-20-001 45 -7"

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.