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Monarch focused on Wasamac production

With some C$25 million in cash, Monarch Gold is evaluating options to bring its 2.6 million-ounce Wasamac gold project in Quebec, Canada, into production as it aims to become a 200,000oz/y producer.

Monarch focused on Wasamac production Monarch focused on Wasamac production Monarch focused on Wasamac production Monarch focused on Wasamac production Monarch focused on Wasamac production

Monarch Gold has filed a project notice for Wasamac, pictured circa 1984, in Quebec

The company signed a memorandum of understanding with Glencore Canada in May which potentially opens up the use of its Kidd Creek concentrator in Timmins, Ontario, to treat ore from Wasamac, which