Monarch Continues to Intersect Broad Zones of Mineralization on Swanson, With 0.65 g/t Au Over 193.4 M (634.5 ft) Including 7.55 g/t Au Over 4.05 M (13.3 ft)

MONTREAL, May 24, 2023 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQB: GBARF) is pleased to report the results of the last six holes from the 2021-22 drilling program, which totalled 11,194 metres in 31 holes, on its wholly-owned Swanson gold project, located 50 kilometres north of the Corporation’s wholly owned Beacon mill (see Figure 1, Table 1 and 2).

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