Monarch Continues to Hit High-Grade Gold Intersections on McKenzie Break

MONTREAL, June 07, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX:GBAR.TO) (OTCQX:GBARF) is pleased to report the results for the last 13 holes of its 2021 drilling program on the McKenzie Break deposit, located 25 kilometres north of the Corporation’s wholly owned 750 tonne-per-day Beacon mill. The 2021 drilling program consisted of 54 holes for a total of 18,632 metres. Earlier results were reported on December 2, 2021 (73.5 g/t Au over 1.35 m), October 20, 2021 (3.93 g/t Au over 5.45 m), June 22, 2021 (70.8 g/t Au over 0.4 m) and March 22, 2021 (8.46 g/t Au over 13.8 m).