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

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6

Original source: https://money.tmx.com/en/quote/MQR/news/5039398579669438/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho

Publisher: tmx

Original announcement: 2021-01-19T12:01:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: High-grade gold intercepts reported from exploration drilling

- Positive factor: Near-surface mineralization identified

- Positive factor: Good continuity of gold mineralization observed

- Positive factor: Drilling aimed at converting targets into resources and reserves

- Positive factor: Existing underground infrastructure provides development advantage

- Negative factor: Nuggety gold distribution can lead to variability

- Negative factor: True width is estimated, not precisely measured for all intercepts

Facts used in scoring: 19

## Classification and evidence

No classification tags are available.

## Extracted facts

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

## Drill Results (19)

### BES-20-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6#fact-drill-facts-0)

Beaufor Mine · gold

#### 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 factor: Strong gold grade

- Positive factor: Part of a near-mine exploration program

- Negative factor: Narrow intercept length

- Negative factor: True width is estimated

Evidence · table

> 14.58

Context: 1.20

#### 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

**Nearology Play**

Polarity: neutral

Definition: 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-20-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6#fact-drill-facts-1)

Beaufor Mine · gold

#### 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 factor: Exceptional gold grade within a narrow interval

- Positive factor: Confirms high-grade potential in the area

- Negative factor: Very narrow intercept length

- Negative factor: True width is estimated

Evidence · table

> 33.90

Context: 0.50

#### 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

**Nearology Play**

Polarity: neutral

Definition: 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-20-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6#fact-drill-facts-2)

Beaufor Mine · gold

#### 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 factor: Strong gold grade

- Negative factor: Very narrow intercept length

- Negative factor: True width is estimated

Evidence · table

> 2.56

Context: 0.55

#### 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

**Nearology Play**

Polarity: neutral

Definition: 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-20-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6#fact-drill-facts-3)

Beaufor Mine · gold

#### 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 factor: Strong gold grade

- Negative factor: Narrow intercept length

- Negative factor: True width is estimated

Evidence · table

> 2.44

Context: 1.45

#### 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

**Nearology Play**

Polarity: neutral

Definition: 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-20-004

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6#fact-drill-facts-4)

Beaufor Mine · gold

#### 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 factor: Bonanza gold grade

- Positive factor: Discovery of a new high-grade vein structure

- Negative factor: Very narrow intercept length

- Negative factor: True width is estimated

Evidence · table

> 180.00

Context: 0.50

#### 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

**Nearology Play**

Polarity: neutral

Definition: 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-20-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6#fact-drill-facts-5)

Beaufor Mine · gold

#### 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 factor: Exceptional gold grade

- Negative factor: Very narrow intercept length

- Negative factor: True width is estimated

Evidence · table

> 9.48

Context: 0.50

#### 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

**Nearology Play**

Polarity: neutral

Definition: 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-20-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6#fact-drill-facts-6)

Beaufor Mine · gold

#### 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 factor: Exceptional gold grade

- Negative factor: Very narrow intercept length

- Negative factor: True width is estimated

Evidence · table

> 38.20

Context: 0.50

#### 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

**Nearology Play**

Polarity: neutral

Definition: 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-20-005

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6#fact-drill-facts-7)

Beaufor Mine · gold

#### 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 factor: Strong gold grade

- Negative factor: Narrow intercept length

- Negative factor: True width is estimated

Evidence · table

> 3.06

Context: 2.60

#### 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

**Nearology Play**

Polarity: neutral

Definition: 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-20-008

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6#fact-drill-facts-8)

Beaufor Mine · gold

#### 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 factor: Strong gold grade

- Negative factor: Very narrow intercept length

- Negative factor: True width is estimated

Evidence · table

> 2.54

Context: 0.60

#### 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

**Nearology Play**

Polarity: neutral

Definition: 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-20-014

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6#fact-drill-facts-9)

Beaufor Mine · gold

#### 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 factor: Strong gold grade

- Negative factor: Very narrow intercept length

- Negative factor: True width is estimated

Evidence · table

> 3.86

Context: 0.55

#### 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

**Nearology Play**

Polarity: neutral

Definition: 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-20-016

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6#fact-drill-facts-10)

Beaufor Mine · gold

#### 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 factor: Exceptional gold grade

- Positive factor: Moderate intercept length

- Positive factor: Near-surface mineralization

- Negative factor: True width is estimated

Evidence · table

> 11.02

Context: 5.55

#### 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

**Nearology Play**

Polarity: neutral

Definition: 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-20-016

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6#fact-drill-facts-11)

Beaufor Mine · gold

#### 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 factor: Exceptional gold grade

- Negative factor: Very narrow intercept length

- Negative factor: True width is estimated

Evidence · table

> 76.60

Context: 0.70

#### 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

**Nearology Play**

Polarity: neutral

Definition: 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-20-017

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6#fact-drill-facts-12)

Beaufor Mine · gold

#### 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 factor: Bonanza gold grade

- Positive factor: Moderate intercept length

- Positive factor: Near-surface mineralization

- Positive factor: High grade-thickness product \(351.5 g/t·m\)

- Negative factor: True width is estimated

Evidence · table

> 35.87

Context: 9.80

#### 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

**Nearology Play**

Polarity: neutral

Definition: 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-20-017

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6#fact-drill-facts-13)

Beaufor Mine · gold

#### 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 factor: Bonanza gold grade

- Negative factor: Very narrow intercept length

- Negative factor: True width is estimated

Evidence · table

> 535.00

Context: 0.50

#### 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

**Nearology Play**

Polarity: neutral

Definition: 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-20-017

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6#fact-drill-facts-14)

Beaufor Mine · gold

#### 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 factor: Bonanza gold grade

- Negative factor: Very narrow intercept length

- Negative factor: True width is estimated

Evidence · table

> 148.50

Context: 0.50

#### 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

**Nearology Play**

Polarity: neutral

Definition: 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-20-018

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6#fact-drill-facts-15)

Beaufor Mine · gold

#### 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 factor: Exceptional gold grade

- Positive factor: Near-surface mineralization

- Negative factor: Very narrow intercept length

- Negative factor: True width is estimated

Evidence · table

> 34.20

Context: 0.50

#### 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

**Nearology Play**

Polarity: neutral

Definition: 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-20-018

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6#fact-drill-facts-16)

Beaufor Mine · gold

#### 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 factor: Exceptional gold grade

- Negative factor: Very narrow intercept length

- Negative factor: True width is estimated

Evidence · table

> 5.37

Context: 0.60

#### 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

**Nearology Play**

Polarity: neutral

Definition: 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-20-019

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6#fact-drill-facts-17)

Beaufor Mine · gold

#### 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 factor: Strong gold grade

- Negative factor: Narrow intercept length

- Negative factor: True width is estimated

Evidence · table

> 3.52

Context: 1.50

#### 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

**Nearology Play**

Polarity: neutral

Definition: 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-20-021

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-35-87-g-t-au-over-9-8-metres-32-feet-from-exploration-ho--846a3b23-122c-4cef-8c98-d656324f2fa6#fact-drill-facts-18)

Beaufor Mine · gold

#### 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 factor: Exceptional gold grade

- Negative factor: Narrow intercept length

- Negative factor: True width is estimated

Evidence · table

> 5.80

Context: 2.05

#### 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

**Nearology Play**

Polarity: neutral

Definition: 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.