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F E B R U A R Y / M A R C H 2 0 1 9
1
MINING
MONARQUES GOLD CORP. [MQR-TSX; MRQRF-OTC]
Monarques Gold is an emerging gold mining company focused
on pursuing growth through its large portfolio of high-qual-
ity gold projects in the Abitibi mining camp of Québec. The
company's flagship project is the Wasamac deposit, an exist-
ing underground mine that produced 252,923 ounces of gold
from 1965 to 1971. Monarques has recently released a positive
feasibility study (FS) with the results indicating the Wasamac
deposit is an economically viable project with the potential to
be a low-cost producing mine.
Highlights of the FS include an expected annual average
WITH THE VENTURE EXCHANGE INDEX BOTTOMING
OUT IN LATE DECEMBER, NOW IS AN EXCELLENT TIME
TO REVIEW QUALITY COMPANIES THAT COULD BENEFIT
FROM THE NASCENT RECOVERY
Canadian mining
stocks to watch
by Yianni Sakarellos
As the political and economic uncertainty from 2018 continues well
into the New Year, the yellow metal is gaining momentum and a
bullish outlook for gold prices is being reported for 2019. Despite
the general downturn in the junior exploration sector over the past
couple years, there are some success stories and there are investment
opportunities waiting to be explored.
Resource World magazine has compiled a list of 12 Canadian
exploration and mining companies that appear to have the qualities
required to succeed and take full advantage of this year's bullish
gold forecast. As well, some other metals look promising such as
zinc, lithium and uranium.
12
