Overview
Stage | Restarting |
Mine Type | Underground |
Commodities |
|
Mining Method |
- Longhole stoping
- Room-and-pillar
|
Processing |
- Filter press plant
- Agitated tank (VAT) leaching
- Merrill–Crowe
- Cyanide (reagent)
|
Mine Life | 2019 |
On June 27, 2019, production activities at the Beaufor Mine have been temporarily suspended and the mine was placed on care and maintenance.
February 7, 2022 - Monarch Mining Prepares Beaufor Mine and Beacon Mill for the Restart of Operations by June 2022. |
Latest News | Monarch Reports Its Results for the Third Quarter Ended March 31, 2022 May 12, 2022 |
Source:
p. 1
Summary:
The Beaufor Mine is located within the Bourlamaque Pluton at the eastern contact with the Dubuisson Formation. The Bourlamaque Batholith is a major geological feature of the Val-d’Or mining camp. It is described as a quartziferous granodiorite cut by fine-grained dioritic dykes. The Bourlamaque Batholith is a massive, round syn-volcanic intrusion, 12 km across. The pluton cuts the mafic and ultramafic rocks of the Dubuisson and Jacola formations (Malartic Group), as well as the intermediate rocks of the Val-d’Or Formation (Louvicourt Group). The pluton hosts several past-producing mines, among them Belmoral, Wrightbar, Bussières (a.k.a. Old Cournor), Bras d’Or and Lac Herbin.
Gold mineralization occurs in veins associated with shear zones dipping moderately south. Mineralization is associated with quartz tourmaline veins resulting from the filling of shear and extension fractures. Gold-bearing veins show a close association with mafic dykes intruding the granodiorite. The dykes seem to have influenced the structural control of the gold-bearing veins. Sulphide content within the veins is generally less than 10%, and the principal mineral is pyrite with some minor chalcopyrite and pyrrhotite. Gold is associated with pyrite in native form, filling the void inside the pyrite crystals.
Veins strike at 115° azimuth and dips moderately to the south from 30° to 65°. The thickness of the veins varies from 5 cm to 5 m, but generally, the thickness of the quartz veining system is 30 cm to 120 cm. All the gold-bearing veins are contained in a strongly altered granodiorite in the form of chlorite silica forming anastomosing corridors of 5 m to 30 m in thickness. The veins at the Beaufor Mine sometimes form panels of more than 300 m long by 350 m high. The major zones like the C and Q zones could be traced along strike over 700 m and along dip over 400 m.
The multiple vein systems of the Beaufor deposit are cut and split apart by numerous steeply dipping discreet shear zones, striking 70° azimuth. The Beaufor Fault marks the limits of several major mineralized zones. The Beaufor Fault strikes roughly at 295° azimuth, with a steep dip of 60° to the north. The Beaufor Fault may have been one of the main conduits for mineralizing hydrothermal fluids at the Beaufor Mine. Several post-mineralization faults intersect and displace the quartz veins. Mafic dykes that predate mineralization are associated with shearhosted gold-bearing veins. Shallowly dipping extensional gold-bearing veins are commonly observed at the Beaufor Mine. The main gold-bearing quartz veins are intimately associated with dioritic dykes.
Mining Methods
- Longhole stoping
- Room-and-pillar
Summary:
The long-hole method consists of drilling a series of holes in a stope from one level to another. Most of the long-hole drilling at Beaufor is performed upward. The maximum length for production drilling is approximately 18 m along the vein dip. Spacing between sublevels is planned accordingly. Conventional raises are excavated to initiate the stope opening. Long hole stopes are approximately 20 m wide and separated by 5-m-wide vertical pillars.
There are three types of stopes in Zone Q. The type of stope refers to the position of the vein regarding the dyke that crosses the zone and they are: upper, lower or hybrid. The type of stope must be identified before mining the stope because dilution and ground control differ from one type to another. The lower type will expose the dyke on the hanging wall and that dyke will fall and generate more dilution. For the other two types, the dyke is on the footwall or included and will generate less dilution.
Ore is blasted in vertical slices and the broken ore falls to the bottom of the hauling sublevel. Blasting is sequenced in a longitudinal retreating manner. Broken ore is mucked out by scoops that then fill the trucks.
The room-and-pillar mining method is adapted for shallow dipping structures. Prior to stoping, lateral development is carried out at the bottom of the orebody. Ore is then excavated using jack-legs and slusher-scrapers by mining upwards along dip. A certain amount of broken ore, ~15%, is kept in the stopes to provide a working surface for the miners. Rock pillars are left for ground stability in a general pattern of 6 m along strike by 5 m along dip. Pillars are generally square-shaped with an area of 6.25 m2.
Processing
- Filter press plant
- Agitated tank (VAT) leaching
- Merrill–Crowe
- Cyanide (reagent)
Flow Sheet:
Summary:
The Beaufor ore has been processed at the Camflo Mill. The Camflo Mill has crushing and grinding circuits as well as a Merrill-Crow concentrating circuit that uses cyanidation and zinc powder precipitation for gold recovery. The mill capacity is 1,600 tpd. Gold recovery of the Beaufor ore is approximately 98%.
Composites are sent to Actlabs in Val-d’Or for assaying. Composites are crushed in their entirety and split to obtain a subsample of 250 g to 300 g. The subsample is then pulverized in its entirety, and a 50 g pulp is assayed by fire assay method. The daily feed grade is obtained from the mean grade of the eight composites. When pulp duplicates are assayed, the composite grade is the mean grade of the original and duplicate assays. Assays with grades higher than 16.5 g/t are capped to 16.5 g/t. High-grade assays are rare.
The fine-grained material passes through the rod mill. Cyanide is added while the pulp leaves the rod mill. The pulp then passes throug ........

Recoveries & Grades:
Commodity | Parameter | 2019 | 2018 | 2016 | 2015 | 2014 |
Gold
|
Recovery Rate, %
| ......  | 98.8 | 98 | 98.6 | 97.9 |
Gold
|
Head Grade, g/t
| ......  | 4.82 | 5.5 | 6.64 | 6.86 |
Projected Production:
Commodity | Units | 2019 | 2018 | 2016 | 2015 | 2014 |
Gold
|
oz
| ......  | 15,071 | 19,562 | 26,411 | 24,959 |
All production numbers are expressed as metal in doré.
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Operational Metrics:
Metrics | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
Tonnes processed
| 96,212 t | 98,394 t | | 113,013 t | 125,447 t | 115,573 t | 124,570 t |
Annual milling capacity
| | | 1,600 t | | | | |
Daily ore mining rate
| | | | 298 t | 343 t | 323 t | |
Reserves at December 18, 2020:
2.50g/t Au (long hole) and 3.20g/t Au (room-and-pillar) cut-off grades
Category | Tonnage | Commodity | Grade | Contained Metal |
Measured
|
121,000 t
|
Gold
|
5.62 g/t
|
21,900 oz
|
Indicated
|
310,000 t
|
Gold
|
7.1 g/t
|
70,800 oz
|
Measured & Indicated
|
431,000 t
|
Gold
|
6.68 g/t
|
92,700 oz
|
Inferred
|
134,600 t
|
Gold
|
6.96 g/t
|
30,100 oz
|
Commodity Production Costs:
| Commodity | Units | 2019 | 2018 | 2016 | 2015 | 2014 |
Cash costs
|
Gold
|
USD
|
......
|
1,206 / oz
|
|
|
|
Cash costs (sold)
|
Gold
|
CAD
|
|
|
|
|
|
Cash costs (sold)
|
Gold
|
CAD
|
|
|
1,444 / oz†
|
991 / oz†
|
944 / oz†
|
All-in sustaining costs (AISC)
|
Gold
|
USD
|
......
|
1,394 / oz
|
|
|
|
All-in sustaining costs (sold)
|
Gold
|
CAD
|
|
|
|
|
|
All-in sustaining costs (sold)
|
Gold
|
CAD
|
|
|
1,854 / oz†
|
1,212 / oz†
|
1,022 / oz†
|
† Net of By-Product.
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Financials:
| Units | 2019 | 2018 | 2016 | 2015 |
Sustaining costs
|
M CAD
| | |
7.9
|
5.9
|
Revenue
|
M CAD
| ......  | 30.1 |
31.7
|
|
Gross profit
|
M CAD
| ......  | 1.4 |
|
|
Earnings
|
M CAD
| ......  | -4.8 |
|
|
EBITDA
|
M CAD
| ......  | 2.5 |
|
|
Operating Cash Flow
|
M CAD
| ......  | -2.3 |
|
|
Corporate Filings & Presentations:
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News:
News | Date |
Monarch Reports Its Results for the Third Quarter Ended March 31, 2022
|
May 12, 2022
|
Monarch Mining Corporation Closes Upsized C$14.4 Million Private Placement of Units and Alamos Gold Files Early Warning Report
|
April 6, 2022
|
Monarch Mining Corporation Announces Marketed Private Placement Offering
|
March 16, 2022
|
Monarch Obtains US$1 Million from Metalla Royalty & Streaming Following Amendment of Beaufor Royalty Agreement
|
February 16, 2022
|
Monarch Continues to Define High-Grade Gold Mineralization at Depth at the Beaufor Mine, With 52.19 g/t Au Over 2.1 m (6.9 ft), 44.9 g/t Au Over 1.4 m (4.6 ft)...
|
February 10, 2022
|
Triple Flag Acquires 2.75% NSR Royalty on Monarch Mining’s Beaufor Mine in Quebec
|
February 7, 2022
|
Monarch Confirms the Continuity of High-Grade Zones at Depth on its Beaufor Property, Intersecting 56.91 g/t Over 0.7 m (2.30 ft), 21.6 g/t Over 1.8 m (5.85 ft) and 24.5 g/t Over 0.5 m (1.64 ft)
|
November 1, 2021
|
Monarch Mining Prepares Beaufor Mine and Beacon Mill for the Restart of Operations
|
October 27, 2021
|
Monarch Mining Files a Technical Report for Its Beaufor Mine Project
|
August 24, 2021
|
Monarch Mining Corporation Announces the Closing of the $13.5 Million Financing with Investissement Québec
|
August 16, 2021
|
Monarch Mining Corporation Announces the Closing of the $11.25 Million Transaction with Gold Royalty Corp.
|
August 5, 2021
|
Monarch Mining Corporation Announces a $13.5 Million Financing With Investissement Québec
|
August 3, 2021
|
Monarch Mining Announces 136% Increase in Measured and Indicated Gold Resource at the Beaufor Mine
|
July 28, 2021
|
Monarch Plans to Restart the Beaufor Mine and the Beacon Mill by June 2022
|
June 3, 2021
|
Monarch Intersects High-Grade Gold on Its Beaufor Property, Including 187.0 g/t Au Over 0.5 m (1.64 Feet) and 151.5 g/t Au Over 0.5 m (1.64 Feet)
|
April 29, 2021
|
Monarch Mining Updates Mineral Resource at the Beaufor Mine
|
January 28, 2021
|
Monarch Gold Intersects 35.87 g/t Au Over 9.8 Metres (32 Feet) From Exploration Holes At the Beaufor Mine
|
January 19, 2021
|
Monarch Gold Intersects 783 G/T AU Over 0.2 Metres and 293 G/T AU Over 0.5 Metres at the Beaufor Property
|
October 1, 2020
|
Monarques Gold Announces Positive Results for Updated Beaufor Mine Technical Report
|
December 28, 2017
|
Aerial view:
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