Company Overview
Monarch Gold Mining Company Limited is a gold focused development company listed on the ASX (MON) and DIFX (MON). The company is the largest Australian controlled tenement holder in the Kalgoorlie region of Western Australia.
Monarch Gold has a resource base of more than five million ounces, a state-of-the-art gold treatment plants, and has dominant ground positions in the prolific of the gold mining region to the north-west of Kalgoorlie.
In addition, Monarch has strong depth of technical, financial and corporate expertise to target additional growth opportunities in the current strong environment for gold companies.
Monarch's strategy has been to capture opportunities for the consolidation of gold development assets which have not in the past realised their full potential, either due to a lack of capital or to limited exploration.
Growth Strategy
Monarch’s growth strategy is focused on the following potential production centres in Western Australia:
Davyhurst - gold resources of over 1.5 million ounces within a 2,000 sq km tenement package and 1.2 million tonne per year gold processing facility together with camp and administration infrastructure.
Riverina - indicated and inferred gold resources totalling 1.64 million tonnes at 3.8 g/t Au for 200,000 ounces.
Mt Ida - resource base of 110,000 ounces at an average grade of 19.0 g/t Au.
Bellevue - gold resources of 120,000 ounces associated with the historic Bellevue Gold Mine, one of WA’ s premier gold operations.
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