Monarch Gold Intersects 783 G/T AU Over 0.2 Metres and 293 G/T AU Over 0.5 Metres at the Beaufor Property

Original announcement by tmx on

Company
Monarch Gold Corporation
Ticker
MQR
Exchange
TSX
Region
Quebec
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Other
Extracted
2026-09-18 11:20:20 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Monarch Gold has announced high-grade gold drill results from its Beaufor Mine project in Quebec, including an exceptional intercept of 783 g/t Au over 0.2m. These results are part of an initial 21-hole set from a larger 42,500-metre exploration program targeting near-mine areas.

Reasoning: The release reports exceptional high-grade gold intercepts from the first set of assays in a large 42.5ktm drilling program targeting near-mine infrastructure.

Positive factors

  • Bonanza grade intercepts (783 g/t Au)
  • Near-mine exploration targets
  • QA/QC protocols disclosed
  • QP sign-off provided

Negative factors

  • Apparent width only (true width not determined)
  • High-grade intersections not capped

Facts used in scoring: 12

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 783 g/t Au is exceptionally high for an underground gold target.

Evidence · text

“783 g/t Au over 0.2 metres”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The release explicitly states that intersection widths are core lengths and true width is yet to be determined.

Evidence · text

“The intersection widths reported are core lengths and high-grade intersections have not been capped, as the vein interpretation and statistics have not been finalized for the zones.”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions insertion of standards and blanks and use of ALS Canada.

Evidence · text

“Monarch uses a comprehensive QA/QC protocol, including the insertion of standards and blanks.”

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Christian Tessier, P.Geo. is named as the Qualified Person.

Evidence · text

“The technical and scientific content of this press release has been reviewed and approved by Christian Tessier, P.Geo., the Corporation's qualified person”

Extracted facts

Stored fact records: 12. Some facts used in scoring do not have a stored record.

Drill Results (12)

20-122-137Beaufor Mine · goldGrade: 3.5Grade Unit: g/tIntercept: 2.05 mView all details
Link to this fact

Identity

Hole ID
20-122-137
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
3.5
Grade Unit
g/t
Intercept
2.05 m
From
7.3 m
To
9.35 m
Hole Depth
22.95 m
Intercept Depth
7.3 m

Classification

Program
exploration
Sample Type
drill
Group ID
20-122-137:7.3-9.35
Mining Method
underground

Location

Elevation
2521 m
Azimuth
146 °
Dip
74 °
Loc. Confidence
high

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2020-10-01T00:00:00.000Z

Reasoning: Standard mineralization intercept.

Evidence · table

“3.5”

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

20-122-138Beaufor Mine · goldGrade: 15.8Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
20-122-138
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
15.8
Grade Unit
g/t
Intercept
0.5 m
From
22.4 m
To
22.9 m
Hole Depth
40.3 m
Intercept Depth
22.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
20-122-138:22.4-22.9
Mining Method
underground

Location

Elevation
2521 m
Azimuth
137 °
Dip
47 °
Loc. Confidence
high

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2020-10-01T00:00:00.000Z

Reasoning: Strong high-grade intercept.

Evidence · table

“15.8”

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

20-132-55Beaufor Mine · goldGrade: 13.4Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
20-132-55
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
13.4
Grade Unit
g/t
Intercept
2.6 m
From
44.8 m
To
47.4 m
Hole Depth
77.5 m
Intercept Depth
44.8 m

Classification

Program
exploration
Sample Type
drill
Group ID
20-132-55:44.8-47.4
Mining Method
underground

Location

Elevation
2741 m
Azimuth
328 °
Dip
-49 °
Loc. Confidence
high

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2020-10-01T00:00:00.000Z

Reasoning: Solid high-grade intercept.

Evidence · table

“13.4”

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

20-132-55Beaufor Mine · goldGrade: 7Grade Unit: g/tIntercept: 2.3 mView all details
Link to this fact

Identity

Hole ID
20-132-55
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
7
Grade Unit
g/t
Intercept
2.3 m
From
68 m
To
70.3 m
Hole Depth
77.5 m
Intercept Depth
44.8 m

Classification

Program
exploration
Sample Type
drill
Group ID
20-132-55:68-70.3
Mining Method
underground

Location

Elevation
2741 m
Azimuth
328 °
Dip
-49 °
Loc. Confidence
high

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2020-10-01T00:00:00.000Z

Reasoning: Solid high-grade intercept.

Evidence · table

“7.0”

Context: 2.30

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

20-133-69Beaufor Mine · goldGrade: 152Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
20-133-69
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
152
Grade Unit
g/t
Intercept
1 m
From
2.6 m
To
3.6 m
Hole Depth
132 m
Intercept Depth
2.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
20-133-69:2.6-3.6
Mining Method
underground

Location

Elevation
2742 m
Azimuth
45 °
Dip
-64 °
Loc. Confidence
high

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2020-10-01T00:00:00.000Z

Reasoning: High grade intercept.

Evidence · table

“152.0”

Context: 1.00

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

20-133-69Beaufor Mine · goldGrade: 293Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
20-133-69
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
293
Grade Unit
g/t
Intercept
0.5 m
From
3.1 m
To
3.6 m
Hole Depth
132 m
Intercept Depth
2.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
20-133-69:3.1-3.6
Mining Method
underground

Location

Elevation
2742 m
Azimuth
45 °
Dip
-64 °
Loc. Confidence
high

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2020-10-01T00:00:00.000Z

Reasoning: Bonanza grade intercept.

Evidence · table

“293.0”

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

20-133-69Beaufor Mine · goldGrade: 1.5Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
20-133-69
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
1.5
Grade Unit
g/t
Intercept
6.1 m
From
99.7 m
To
105.8 m
Hole Depth
132 m
Intercept Depth
2.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
20-133-69:99.7-105.8
Mining Method
underground

Location

Elevation
2742 m
Azimuth
45 °
Dip
-64 °
Loc. Confidence
high

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2020-10-01T00:00:00.000Z

Reasoning: Lower grade intercept within a high-grade hole.

Evidence · table

“1.5”

Context: 6.10

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

20-133-69Beaufor Mine · goldGrade: 18.1Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
20-133-69
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
18.1
Grade Unit
g/t
Intercept
0.8 m
From
109.95 m
To
110.75 m
Hole Depth
132 m
Intercept Depth
2.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
20-133-69:109.95-110.75
Mining Method
underground

Location

Elevation
2742 m
Azimuth
45 °
Dip
-64 °
Loc. Confidence
high

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2020-10-01T00:00:00.000Z

Reasoning: High grade intercept.

Evidence · table

“18.1”

Context: 0.80

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

20-133-70Beaufor Mine · goldGrade: 783Grade Unit: g/tIntercept: 0.2 mView all details
Link to this fact

Identity

Hole ID
20-133-70
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
783
Grade Unit
g/t
Intercept
0.2 m
From
64.15 m
To
64.35 m
Hole Depth
119.35 m
Intercept Depth
64.15 m

Classification

Program
exploration
Sample Type
drill
Group ID
20-133-70:64.15-64.35
Mining Method
underground

Location

Elevation
2742 m
Azimuth
69 °
Dip
-47 °
Loc. Confidence
high

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2020-10-01T00:00:00.000Z

Reasoning: Exceptional bonanza grade intercept.

Evidence · table

“783.0”

Context: 0.20

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

20-133-70Beaufor Mine · goldGrade: 11.2Grade Unit: g/tIntercept: 2.6 mView all details
Link to this fact

Identity

Hole ID
20-133-70
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
11.2
Grade Unit
g/t
Intercept
2.6 m
From
102.9 m
To
105.5 m
Hole Depth
119.35 m
Intercept Depth
64.15 m

Classification

Program
exploration
Sample Type
drill
Group ID
20-133-70:102.9-105.5
Mining Method
underground

Location

Elevation
2742 m
Azimuth
69 °
Dip
-47 °
Loc. Confidence
high

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2020-10-01T00:00:00.000Z

Reasoning: Strong high-grade intercept.

Evidence · table

“11.2”

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

20-151-17Beaufor Mine · goldGrade: 3.3Grade Unit: g/tIntercept: 5.15 mView all details
Link to this fact

Identity

Hole ID
20-151-17
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
3.3
Grade Unit
g/t
Intercept
5.15 m
From
0 m
To
5.15 m
Hole Depth
5.15 m
Intercept Depth
0 m

Classification

Program
exploration
Sample Type
drill
Group ID
20-151-17:0-5.15
Mining Method
underground

Location

Elevation
2741 m
Loc. Confidence
high

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2020-10-01T00:00:00.000Z

Reasoning: Low grade intercept.

Evidence · table

“3.3”

Context: 5.15

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

20-151-20Beaufor Mine · goldGrade: 172Grade Unit: g/tIntercept: 0.3 mView all details
Link to this fact

Identity

Hole ID
20-151-20
Project
Beaufor Mine
Commodity
gold
Region
canada_qc
Reported Region
canada_qc
Ticker
MQR

Geometry

Grade
172
Grade Unit
g/t
Intercept
0.3 m
From
42.78 m
To
43.08 m
Hole Depth
40.3 m
Intercept Depth
42.78 m

Classification

Program
exploration
Sample Type
drill
Group ID
20-151-20:42.78-43.08
Mining Method
underground

Location

Elevation
2521 m
Azimuth
137 °
Dip
47 °
Loc. Confidence
high

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2020-10-01T00:00:00.000Z

Reasoning: High grade intercept.

Evidence · table

“172.0”

Context: 0.30

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

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.