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Canada
Monique Mine

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 Location:
25 km E from Val-d'Or, Quebec, Canada

  Address:
776, Chemin Perron
Val-d’Or
Quebec, Canada
J9P 0C3
Phone  ...  Subscription required
Fax819-757-6346
WebsiteWeb
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  • Overview
  • Owners
  • Geology
  • Mining
  • Processing
  • Production
  • Reserves
  • Costs & Financials
  • Personnel
  • Filings & News

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Overview

StatusClosing / Closed
Mine TypeOpen Pit
Commodities
  • Gold
Mining Method
  • Truck & Shovel / Loader
Processing
  • Agitated tank (VAT) leaching
  • Merrill–Crowe
  • Cyanide (reagent)
Commercial production at the former Monique mine began in February 2013 and the mine ceased operations in January 2015, after producing 51,488 ounces of gold.

Oct. 20, 2021 -- Probe Metals Inc. (“Probe” or the “Company”) is pleased to announce the filing of the independent Preliminary Economic Assessment (“PEA”) technical report for its 100% owned Val-d’Or East project, located in Val-d’Or, Québec.
The PEA considers open-pit mining from Monique, Courvan, Pascalis and Lapaska gold trends. Underground mining is used to extract material outside of the Monique, Courvan and Pascalis open pits.
Latest NewsProbe Metals Intersects 4.7 g/t Au over 26.0 metres (cut), on the Monique Property, Val-d’Or East Project     October 26, 2021


Owners

Source:
CompanyInterestOwnership
Probe Metals Inc. 100 % Indirect
March 24, 2020, Monarch Gold Corp. has completed the previously announced sale of its Monique property to Probe Metals Inc.

Deposit Type

  • Vein / narrow vein


Summary:

The Monique mineralized zones have been defined from surface to a depth of 400 m (in the G and J zones). Their orientation varies from 270° to 300°, with a dip of 55° to 80° to the North. They vary in width from less than 1 m to almost 20 m (G Zone). Most of the known gold zones are still open at depth. Laterally, they extend over a few hundred metres.

The G and J mineralized zones, which were mined with the open pit, lie on mining lease 1012, as do the A and B mineralized zones.

The Monique property is characterized by a volcanic sequence belonging to the Jacola Formation of the Malartic Group. The general orientation of the units is N270°E to N292°E, with a steep dip to the north.

Two main volcanic domains are interpreted on the property, the north domain and the south domain. The first one is composed mainly of basalts with interlayered ultramafic flows, while the second one is formed of andesitic flows and pyroclastics. Units of both domains are cut by dioritic dykes and felsic dykes. Several deformation zones cross the property in an east-west direction, roughly parallel to the stratigraphy. They are characterized by the development of a strong foliation with quartz-carbonate veining. Variable alteration in chlorite, silica, sericite and albite is associated with these deformations zones.

Several fault zones with gouge can be seen in place, however, they are not particularly associated to the mineralization events.

Gold mineralization on the Monique property is mainly associated with three deformation zones that cross the property with an orientation of 280° and a 75° - 80° dip to the north. Gold mineralization is defined by a network of quartz/tourmaline/carbonate veins and veinlets, measuring 1 cm to 10 cm, with disseminated sulphides in the altered wall rocks. Free gold is frequently observed in the veins. A total of 12 gold zones have been observed on the property over the years, the most promising being the A, B, G and J zones.

The mineralized zones have been defined from surface to a depth of 400 m (in the G and J zones). They vary in width from less than 1 m to almost 20 m. Mineralized lenses extend laterally over few hundred metres. Gold is generally associated with 1% to 5% finely disseminated pyrite, and visible gold is common in the quartz and carbonate veins and veinlets. Albite and fuschite alteration are locally observed.


Mining Methods

  • Truck & Shovel / Loader


Summary:

Ore and waste separation was done using blast hole assay results. On the first 2 benches, almost all the blast hole cuttings were sampled (average of 7 kg per sample) and sent to ALS laboratory in Val d’Or, Quebec. Areas of ore and waste are delineated using the gold assay results and a cut-off of 0.85 g/t gold. As much as possible, ore and waste blocks were blasted separately in order to reduce dilution. A capping of 8 g/t of gold has been used for blast hole results. On the other benches, blastholes were sampled only in the mineralized areas.


Crushing and Grinding


Processing

  • Agitated tank (VAT) leaching
  • Merrill–Crowe
  • Cyanide (reagent)

Source: Subscription required

Summary:

Open pit mining was completed at the end of January 2015. Stockpiled ore was processed at the Camflo Mill in 2015.

The Camflo Mill, with a rated capacity of 1,200 tonnes per day, is a Merrill-Crow conventional type mill with circuits for crushing, grinding, gold cyanidation and precipitation using zinc powder.

Recoveries & Grades:

CommodityParameter201620152014
Gold Recovery Rate, % 97.696.796
Gold Head Grade, g/t 2.312.372.71

Production:

CommodityUnits2016201520142013
Gold oz 1,16516,58023,6754,274
All production numbers are expressed as metal in doré.

Operational Metrics:

Metrics2016201520142013
Tonnes processed 16,063 t
Tonnes milled 224,673 t283,009 t60,536 t

Reserves at July 25, 2019:

CategoryOreTypeTonnage CommodityGradeContained Metal
Inferred In-Situ (OP) 5,583,200 t Gold 1.71 g/t 307,000 oz
Inferred In-Situ (UG) 3,543,300 t Gold 3.11 g/t 354,400 oz
Inferred Total 9,126,500 t Gold 2.25 g/t 661,400 oz

Commodity Production Costs:

CommodityUnits201620152014
Cash costs (sold) Gold CAD
Cash costs (sold) Gold CAD 1,182 / oz† 779 / oz† 907 / oz†
All-in sustaining costs (sold) Gold CAD
All-in sustaining costs (sold) Gold CAD 1,186 / oz† 795 / oz† 955 / oz†
† Net of By-Product.

Financials:

Units2015
Revenue M CAD 26.3  


Heavy Mobile Equipment:

Mine Management:

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Sep 14, 2021
....................... Subscription required ....................... Subscription required Subscription required Jan 22, 2020
Subscription required - Subscription is required.


Corporate Filings & Presentations:

DocumentYear
................................... Subscription required 2019
Management Discussion & Analysis 2016
Annual Information Form 2015
Annual Information Form 2014
Subscription required - Subscription is required.

News:

NewsDate
Probe Metals Intersects 4.7 g/t Au over 26.0 metres (cut), on the Monique Property, Val-d’Or East Project October 26, 2021
Probe Metals Files PEA Technical Report for the Val-d’Or East Project, Quebec October 20, 2021
Probe Metals Announces Positive PEA for Val-d’Or East Project; Average Annual Production of 207,000 ounces, After-Tax NPV5% of C$598M, and IRR of 32.8% September 7, 2021
Probe Metals Announces Filing of NI 43-101 Technical Report on the Val-d’Or East Project, Quebec; Additional Ounces Captured in Resource July 15, 2021
Probe Metals Increases Gold Resource to 1,773,500 Ounces Measured & Indicated and 2,205,300 Inferred at the Val-d’Or East Project... June 1, 2021
Monarch Gold Completes Sale of Monique Property to Probe Metals March 24, 2020
Monarch Gold Sells the Monique Property to Probe Metals March 2, 2020
Monarch Gold and Probe Metals Announce Substantial Increase in Resource Estimate at the Monique Gold Project September 3, 2019

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