# Monarch Gold to Assess Wasamac Property Silver Potential

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da

Original source: https://money.tmx.com/en/quote/MQR/news/4934343521891746/monarch-gold-to-assess-wasamac-property-silver-potential

Publisher: tmx

Original announcement: 2020-09-10T11:33:00.000Z

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: Silver

- Secondary commodities: Gold

- Document categories: Drill results, Resource update

- Extracted: 2026-09-18 11:21:13 UTC

Narrative sentiment: 0.10 · Bullish

## Minestarters Atlas summary

Monarch Gold is initiating an internal review of its Wasamac gold property to assess the potential for silver credits, following a significant increase in silver prices. The review will re-evaluate historical drill results from 2012 and the 2018 feasibility study, which previously did not account for silver in its economic analysis. The company aims to define the silver content and potentially add value to the project.

Reasoning: Monarch Gold is undertaking an internal review of historical drill results and a 2018 feasibility study to assess the silver potential at its Wasamac property, driven by recent increases in silver prices. While the drill results and resource estimates are historical, the initiative to re-evaluate silver credits could add value to the project.

- Positive factor: Re-evaluation of historical data could unlock previously unrecognised value.

- Positive factor: Strong silver market provides a new economic incentive for re-assessment.

- Negative factor: No new drill results or resource estimates are presented in this announcement.

- Negative factor: The economic potential of silver is still under review and not yet quantified.

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

Facts used in scoring: 23

## Classification and evidence

**Stale Data Re-release**

Polarity: negative

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

Why it applies: The document re-announces drill results from the 2012 drilling program and refers to a 2018 feasibility study, indicating a re-evaluation of existing data rather than new assays.

Evidence · text

> Significant silver mineralization was identified in the Wasamac gold property shear zone during the 2012 drilling and resampling programs.

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: The release includes details on QA/QC procedures, including sample collection, insertion of standards and blanks, and verification by multiple laboratories.

Evidence · text

> Monarch has a quality control program to comply with common industry best practices for sampling and analysis. Samples are collected from drill core from a range of 50 centimetres to 100 centimetres in length. Half-core samples are submitted for analysis. Standards and blanks are inserted every 20 samples. Monarch utilizes high quality laboratory services.

**QP/CP Signed**

Polarity: positive

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: The technical content of the press release has been reviewed and approved by a Qualified Person under NI 43-101.

Evidence · text

> The technical and scientific content of this press release has been reviewed and approved by Louis Martin, P.Geo., the Corporation's qualified person under National Instrument 43-101.

**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 reported widths are core lengths, with true width estimated as a range rather than a specific value.

Evidence · text

> The width shown is the core length. True width is estimated to be 75-100% of the core length.

**Stale Estimate**

Polarity: negative

Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The resource and reserve estimates are from a 2018 feasibility study, making them over two years old.

Evidence · text

> The 2018 Wasamac feasibility report stated that metallurgical testwork and drill core assays had shown that all mineralized zones at Wasamac contain variable amounts of silver

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The resource estimate is stated to be compliant with National Instrument 43-101.

Evidence · text

> Louis Martin, P.Geo., the Corporation's qualified person under National Instrument 43-101.

## Extracted facts

Stored fact records: 23. Some facts used in scoring do not have a stored record.

## Drill Results (22)

### WS-10-27

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-0)

Wasamac · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-10-27
- Project: Wasamac
- Commodity: silver
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 10.72
- Grade Unit: g/t
- Intercept: 10.2 m
- From: 739 m
- To: 749.2 m
- Intercept Depth: 739 m

#### Classification

- Sample Type: drill
- Group ID: WS-10-27:739-749.2

#### Location

- Location: Zone 2
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical silver intercept shows a good grade over a moderate width, contributing to the overall silver potential being re-evaluated.

- Positive factor: High silver grade for a historical intercept.

- Positive factor: Good intercept length.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 10.72

Context: 10.2

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-10-27

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-1)

Wasamac · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-10-27
- Project: Wasamac
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 4.89
- Grade Unit: g/t
- Intercept: 10.2 m
- From: 739 m
- To: 749.2 m
- Intercept Depth: 739 m

#### Classification

- Sample Type: drill
- Group ID: WS-10-27:739-749.2

#### Location

- Location: Zone 2
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical gold intercept shows a good grade over a moderate width, supporting the primary gold mineralization of the project.

- Positive factor: Good gold grade for a historical intercept.

- Positive factor: Good intercept length.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 4.89

Context: 10.2

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-10-31

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-2)

Wasamac · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-10-31
- Project: Wasamac
- Commodity: silver
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 7.91
- Grade Unit: g/t
- Intercept: 8 m
- From: 319 m
- To: 327 m
- Intercept Depth: 319 m

#### Classification

- Sample Type: drill
- Group ID: WS-10-31:319-327

#### Location

- Location: Zone 2
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical silver intercept contributes to the overall silver potential being re-evaluated.

- Positive factor: Solid silver grade over a reasonable width.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 7.91

Context: 8.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-10-31

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-3)

Wasamac · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-10-31
- Project: Wasamac
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 4.03
- Grade Unit: g/t
- Intercept: 8 m
- From: 319 m
- To: 327 m
- Intercept Depth: 319 m

#### Classification

- Sample Type: drill
- Group ID: WS-10-31:319-327

#### Location

- Location: Zone 2
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical gold intercept supports the primary gold mineralization of the project.

- Positive factor: Solid gold grade over a reasonable width.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 4.03

Context: 8.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-10-37

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-4)

Wasamac · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-10-37
- Project: Wasamac
- Commodity: silver
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 7.29
- Grade Unit: g/t
- Intercept: 9.17 m
- From: 534.23 m
- To: 543.4 m
- Intercept Depth: 534.23 m

#### Classification

- Sample Type: drill
- Group ID: WS-10-37:534.23-543.4

#### Location

- Location: Zone 2
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical silver intercept contributes to the overall silver potential being re-evaluated.

- Positive factor: Solid silver grade over a reasonable width.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 7.29

Context: 9.17

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-10-37

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-5)

Wasamac · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-10-37
- Project: Wasamac
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 6.14
- Grade Unit: g/t
- Intercept: 9.17 m
- From: 534.23 m
- To: 543.4 m
- Intercept Depth: 534.23 m

#### Classification

- Sample Type: drill
- Group ID: WS-10-37:534.23-543.4

#### Location

- Location: Zone 2
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical gold intercept supports the primary gold mineralization of the project.

- Positive factor: Good gold grade over a reasonable width.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 6.14

Context: 9.17

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-10-38

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-6)

Wasamac · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-10-38
- Project: Wasamac
- Commodity: silver
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 8.7
- Grade Unit: g/t
- Intercept: 5.58 m
- From: 643.42 m
- To: 649 m
- Intercept Depth: 643.42 m

#### Classification

- Sample Type: drill
- Group ID: WS-10-38:643.42-649

#### Location

- Location: Zone 1
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical silver intercept contributes to the overall silver potential being re-evaluated.

- Positive factor: Solid silver grade over a moderate width.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 8.70

Context: 5.58

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-10-38

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-7)

Wasamac · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-10-38
- Project: Wasamac
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 3.64
- Grade Unit: g/t
- Intercept: 5.58 m
- From: 643.42 m
- To: 649 m
- Intercept Depth: 643.42 m

#### Classification

- Sample Type: drill
- Group ID: WS-10-38:643.42-649

#### Location

- Location: Zone 1
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical gold intercept supports the primary gold mineralization of the project.

- Positive factor: Solid gold grade over a moderate width.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 3.64

Context: 5.58

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-10-38B

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-8)

Wasamac · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-10-38B
- Project: Wasamac
- Commodity: silver
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 11.86
- Grade Unit: g/t
- Intercept: 4.1 m
- From: 651.4 m
- To: 655.5 m
- Intercept Depth: 651.4 m

#### Classification

- Sample Type: drill
- Group ID: WS-10-38B:651.4-655.5

#### Location

- Location: Zone 1
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical silver intercept shows a high grade over a moderate width, contributing to the overall silver potential being re-evaluated.

- Positive factor: High silver grade for a historical intercept.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 11.86

Context: 4.1

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-10-38B

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-9)

Wasamac · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-10-38B
- Project: Wasamac
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 3.92
- Grade Unit: g/t
- Intercept: 4.1 m
- From: 651.4 m
- To: 655.5 m
- Intercept Depth: 651.4 m

#### Classification

- Sample Type: drill
- Group ID: WS-10-38B:651.4-655.5

#### Location

- Location: Zone 1
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical gold intercept supports the primary gold mineralization of the project.

- Positive factor: Solid gold grade over a moderate width.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 3.92

Context: 4.1

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-10-38B

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-10)

Wasamac · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-10-38B
- Project: Wasamac
- Commodity: silver
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 5.68
- Grade Unit: g/t
- Intercept: 10.55 m
- From: 682.75 m
- To: 693.3 m
- Intercept Depth: 682.75 m

#### Classification

- Sample Type: drill
- Group ID: WS-10-38B:682.75-693.3

#### Location

- Location: Zone 1
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical silver intercept contributes to the overall silver potential being re-evaluated.

- Positive factor: Solid silver grade over a good width.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 5.68

Context: 10.55

#### 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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-10-38B

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-11)

Wasamac · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-10-38B
- Project: Wasamac
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 2.41
- Grade Unit: g/t
- Intercept: 10.55 m
- From: 682.75 m
- To: 693.3 m
- Intercept Depth: 682.75 m

#### Classification

- Sample Type: drill
- Group ID: WS-10-38B:682.75-693.3

#### Location

- Location: Zone 1
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical gold intercept supports the primary gold mineralization of the project.

- Positive factor: Solid gold grade over a good width.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 2.41

Context: 10.55

#### 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

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-10-46

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-12)

Wasamac · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-10-46
- Project: Wasamac
- Commodity: silver
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 11.36
- Grade Unit: g/t
- Intercept: 4.1 m
- From: 565.4 m
- To: 569.5 m
- Intercept Depth: 565.4 m

#### Classification

- Sample Type: drill
- Group ID: WS-10-46:565.4-569.5

#### Location

- Location: Zone 1
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical silver intercept shows a high grade over a moderate width, contributing to the overall silver potential being re-evaluated.

- Positive factor: High silver grade for a historical intercept.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 11.36

Context: 4.1

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-10-46

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-13)

Wasamac · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-10-46
- Project: Wasamac
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 3.44
- Grade Unit: g/t
- Intercept: 4.1 m
- From: 565.4 m
- To: 569.5 m
- Intercept Depth: 565.4 m

#### Classification

- Sample Type: drill
- Group ID: WS-10-46:565.4-569.5

#### Location

- Location: Zone 1
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical gold intercept supports the primary gold mineralization of the project.

- Positive factor: Solid gold grade over a moderate width.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 3.44

Context: 4.1

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-11-112

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-14)

Wasamac · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-11-112
- Project: Wasamac
- Commodity: silver
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 6.23
- Grade Unit: g/t
- Intercept: 4.8 m
- From: 908.18 m
- To: 912.98 m
- Intercept Depth: 908.18 m

#### Classification

- Sample Type: drill
- Group ID: WS-11-112:908.18-912.98

#### Location

- Location: Zone 1
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical silver intercept contributes to the overall silver potential being re-evaluated.

- Positive factor: Solid silver grade over a moderate width.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 6.23

Context: 4.8

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-11-112

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-15)

Wasamac · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-11-112
- Project: Wasamac
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 2.45
- Grade Unit: g/t
- Intercept: 4.8 m
- From: 908.18 m
- To: 912.98 m
- Intercept Depth: 908.18 m

#### Classification

- Sample Type: drill
- Group ID: WS-11-112:908.18-912.98

#### Location

- Location: Zone 1
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical gold intercept supports the primary gold mineralization of the project.

- Positive factor: Moderate gold grade over a moderate width.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 2.45

Context: 4.8

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-11-65

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-16)

Wasamac · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-11-65
- Project: Wasamac
- Commodity: silver
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 7.01
- Grade Unit: g/t
- Intercept: 75.9 m
- From: 717 m
- To: 792.9 m
- Intercept Depth: 717 m

#### Classification

- Sample Type: drill
- Group ID: WS-11-65:717-792.9

#### Location

- Location: Zone 2
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical silver intercept represents a significant width and grade, making it a key component of the silver potential re-evaluation.

- Positive factor: Strong silver grade over an exceptional width for a historical intercept.

- Positive factor: This is highlighted as one of the 'best silver values' in the document.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 7.01

Context: 75.9

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-11-65

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-17)

Wasamac · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-11-65
- Project: Wasamac
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 3.06
- Grade Unit: g/t
- Intercept: 75.9 m
- From: 717 m
- To: 792.9 m
- Intercept Depth: 717 m

#### Classification

- Sample Type: drill
- Group ID: WS-11-65:717-792.9

#### Location

- Location: Zone 2
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical gold intercept shows a good grade over a significant width, supporting the primary gold mineralization of the project.

- Positive factor: Good gold grade over an exceptional width for a historical intercept.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 3.06

Context: 75.9

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-11-74A

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-18)

Wasamac · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-11-74A
- Project: Wasamac
- Commodity: silver
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 5.71
- Grade Unit: g/t
- Intercept: 22.75 m
- From: 786.95 m
- To: 809.7 m
- Intercept Depth: 786.95 m

#### Classification

- Sample Type: drill
- Group ID: WS-11-74A:786.95-809.7

#### Location

- Location: Zone 2
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical silver intercept contributes to the overall silver potential being re-evaluated.

- Positive factor: Solid silver grade over a strong width for a historical intercept.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 5.71

Context: 22.75

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-11-74A

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-19)

Wasamac · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-11-74A
- Project: Wasamac
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 2.68
- Grade Unit: g/t
- Intercept: 22.75 m
- From: 786.95 m
- To: 809.7 m
- Intercept Depth: 786.95 m

#### Classification

- Sample Type: drill
- Group ID: WS-11-74A:786.95-809.7

#### Location

- Location: Zone 2
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical gold intercept supports the primary gold mineralization of the project.

- Positive factor: Solid gold grade over a strong width for a historical intercept.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 2.68

Context: 22.75

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-11-66A

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-20)

Wasamac · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-11-66A
- Project: Wasamac
- Commodity: silver
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 6.2
- Grade Unit: g/t
- Intercept: 12.8 m
- From: 508.2 m
- To: 521 m
- Intercept Depth: 508.2 m

#### Classification

- Sample Type: drill
- Group ID: WS-11-66A:508.2-521

#### Location

- Location: Main
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical silver intercept contributes to the overall silver potential being re-evaluated.

- Positive factor: Solid silver grade over a good width for a historical intercept.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 6.20

Context: 12.8

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

### WS-11-66A

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-drill-facts-21)

Wasamac · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: WS-11-66A
- Project: Wasamac
- Commodity: gold
- Region: canada\_qc
- Reported Region: canada\_qc
- Ticker: MQR

#### Geometry

- Grade: 3.14
- Grade Unit: g/t
- Intercept: 12.8 m
- From: 508.2 m
- To: 521 m
- Intercept Depth: 508.2 m

#### Classification

- Sample Type: drill
- Group ID: WS-11-66A:508.2-521

#### Location

- Location: Main
- Loc. Source: document

#### QA/QC

- Laboratory: Expert Laboratory and Accurassay Laboratory
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks

#### Review

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

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical gold intercept supports the primary gold mineralization of the project.

- Positive factor: Solid gold grade over a good width for a historical intercept.

- Negative factor: Results are historical and not new data.

- Negative factor: True width is an estimate, not precisely stated.

Evidence · table

> 3.14

Context: 12.8

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

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

Why it applies: the fact restates a prior release

## Resource Estimates (1)

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/monarch-gold-to-assess-wasamac-property-silver-potential--55060581-7678-46a6-bf6f-6fe39a8e14da#fact-resource-facts-22)

Wasamac · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Wasamac
- Commodity: gold
- Region: canada\_qc
- Reported Region: Quebec, Canada
- Ticker: MQR

#### Resource scope

- Estimate type: reserve
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Louis Martin
- Resource group id: resource:bf998669622c7f333846
- Deposit or zone: Wasamac

#### Resource Data

- Category: probable
- Contained Metal: 1.8
- Contained Unit: moz

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2020-09-10T00:00:00.000Z

Reasoning: This historical Proven and Probable reserve provides a baseline for the project's economic viability based on gold, which is now being re-evaluated for additional silver value.

- Positive factor: Significant contained gold in the Proven and Probable categories.

- Positive factor: Estimate is NI 43-101 compliant and QP signed.

- Negative factor: Estimate is historical \(from 2018\) and not new.

- Negative factor: No effective date for the reserve is provided in this document.

Evidence · text

> includes proven and probable reserves of 1.8 million ounces of gold

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**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

**QP/CP Signed**

Polarity: positive

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: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

## 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.