February 18, 2022 Monarca Minerals Inc. (TSXV:MMN, BUY, C$0.40 target, Taylor Combaluzier) announced results from a stream sediment pan concentrate sampling program within its mining concessions
February 10, 2022 Monarca Minerals Inc. (TSXV:MMN, BUY, C$0.40, Taylor Combaluzier) reported that Mr. Carlos Espinosa, the company’s CEO and President, has resigned from his role
Monarca Minerals (MMN) reported final assays for the last eight holes from its Phase 1 exploration program at its San Jose project (option for 100%) in Mexico. Generally, the holes returned anomalous polymetallic mineralization (Au, Ag, Cu, Pb, Zn & Mo), though some intervals contained significant Cu and Mo mineralization hosted in potassically and endoskarn altered intrusives. We consider the results from the Phase 1 program a technical success, as they confirmed the presence of widespread skarn-style Ag-Au mineralization in the areas of existing IP anomalies and enhanced management’s geological understanding and should bode well for future drill targeting.
Monarca Minerals released initial assay results from the newly completed Phase 1 RC drilling program at its San Jose Ag project in Chihuahua, Mexico, where it has an option to earn a 100% interest. Phase 1 drilling comprised 15 holes (4,640.6m), of which, assays were reported for seven holes. We consider the results to be a technical success, as they have confirmed the presence of widespread skarn-style Ag-Au mineralization in the areas of existing IP anomalies and enhanced management’s geological understanding, which should bode well for future drill targeting.
October 13, 2021 Monarca Minerals Inc. (TSXV:MMN, BUY, C$0.40 target, Taylor Combaluzier) provided an update on its ongoing 5,000m drill program at its 5,850 ha San
Q3 operating and financial results are to be announced over the next few weeks. While gold is out of favour, prices have been trading within a narrow window that have allowed companies to continue to turn profits, despite an uncertain outlook. Late summer was hard on most commodities as precious and industrial metals alike fell on a slowdown in global economic growth due to surging fuel prices, Chinese power restrictions, labour shortages, disrupted global supply chains and a stronger USD. Metal prices came under further pressure as major property developer Evergrande missed further bond payments, impacting iron ore and copper prices. With this update, we provide new commodity price and FX forecasts, updated coverage estimates, and a fresh set of top picks.
September 15, 2021 Monarca Minerals Inc. (TSXV:MMN, BUY, C$0.40 target, Taylor Combaluzier) provided an update on its ongoing 5,000m drill program at its 5,850 ha
September 7, 2021 Monarca Minerals Inc. (TSXV:MMN, BUY, C$0.40 target, Taylor Combaluzier) provided an update on its ongoing 5,000m drill program at its 5,850 ha
August 4, 2021 Monarca Minerals Inc. (TSXV:MMN, BUY, C$0.40 target, Taylor Combaluzier) announced that it has received an environmental permit to complete its planned ~5,000m
Red Cloud Securities hosted its Summer Silver Conference last week, achieving over 360 registrants in advance of the event. The conference featured 18 presenting companies and a keynote discussion with Mike DiRienzo, Executive Director of The Silver Institute, who sat down with Taylor Combaluzier to talk about all things silver: the current investment environment, supply, demand, and outlook. We provide a quick recap of the highlights from the conference. And for those who were unable to attend the live event, replays are available on the Red Cloud website.