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

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--09805044-44ff-48c1-b33e-46aaf2a45456

Original source: https://money.tmx.com/en/quote/MQR/news/7009136320216182/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre

Publisher: tmx

Original announcement: 2020-10-01T11:35:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Monarch Gold Corporation

- Ticker: MQR

- Exchange: TSX

- Region: Quebec

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results, Other

- Extracted: 2026-09-18 11:20:20 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas 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 factor: Bonanza grade intercepts \(783 g/t Au\)

- Positive factor: Near-mine exploration targets

- Positive factor: QA/QC protocols disclosed

- Positive factor: QP sign-off provided

- Negative factor: Apparent width only \(true width not determined\)

- Negative factor: High-grade intersections not capped

Facts used in scoring: 12

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: 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 Only**

Polarity: negative

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

Why it applies: The 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 Disclosed**

Polarity: positive

Definition: 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 Signed**

Polarity: positive

Story-specific tag

Definition: 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)

### 20-122-137

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--09805044-44ff-48c1-b33e-46aaf2a45456#fact-drill-facts-0)

Beaufor Mine · gold

#### 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 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

### 20-122-138

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--09805044-44ff-48c1-b33e-46aaf2a45456#fact-drill-facts-1)

Beaufor Mine · gold

#### 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 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

### 20-132-55

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--09805044-44ff-48c1-b33e-46aaf2a45456#fact-drill-facts-2)

Beaufor Mine · gold

#### 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 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

### 20-132-55

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--09805044-44ff-48c1-b33e-46aaf2a45456#fact-drill-facts-3)

Beaufor Mine · gold

#### 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 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

### 20-133-69

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--09805044-44ff-48c1-b33e-46aaf2a45456#fact-drill-facts-4)

Beaufor Mine · gold

#### 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 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

### 20-133-69

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--09805044-44ff-48c1-b33e-46aaf2a45456#fact-drill-facts-5)

Beaufor Mine · gold

#### 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 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

### 20-133-69

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--09805044-44ff-48c1-b33e-46aaf2a45456#fact-drill-facts-6)

Beaufor Mine · gold

#### 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 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

### 20-133-69

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--09805044-44ff-48c1-b33e-46aaf2a45456#fact-drill-facts-7)

Beaufor Mine · gold

#### 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 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

### 20-133-70

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--09805044-44ff-48c1-b33e-46aaf2a45456#fact-drill-facts-8)

Beaufor Mine · gold

#### 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 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

### 20-133-70

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--09805044-44ff-48c1-b33e-46aaf2a45456#fact-drill-facts-9)

Beaufor Mine · gold

#### 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 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

### 20-151-17

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--09805044-44ff-48c1-b33e-46aaf2a45456#fact-drill-facts-10)

Beaufor Mine · gold

#### 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 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

### 20-151-20

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-intersects-783-g-t-au-over-0-2-metres-and-293-g-t-au-over-0-5-metre--09805044-44ff-48c1-b33e-46aaf2a45456#fact-drill-facts-11)

Beaufor Mine · gold

#### 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 Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
