MONARQUES GOLD CORPORATION reported the results of its exploration drilling program at the Beaufor Mine. The 2,239-metre program was aimed at increasing the resource in two sectors of the Beaufor Mine, Zone Q and Zone 1700. New zones subparallel to Zone Q intersected with significant grades of 61.48 g/t Au over 3.9 meters, including 361.00 g/t Au over 0.7 meters. 39.05 g/t Au over 1.8 meters, including 99.95 g/t Au over 0.7 meter. 15.44 g/t Au over 3.0 meters, including 49.55 g/t Au over 0.8 meters. A new area, Zone 1700, returns a grade of 12.33 g/t Au over 1.6 meters, including 36.25 g/t Au over 0.5 meters. Zone Q is the main zone of current production at the Beaufor Mine. Two new holes were drilled in the eastern extension of Zone Q, outside the known mineralized envelope, to test the continuity of the structure and check for the presence of mineralized veins in the hangingwall and footwall of the zone. Holes 150-60a and 150-61 (see Sections 1810E and 1855E) were drilled to a depth of 534 and 558 meters, respectively. They intersected Zone Q, as well as several mineralized veins (QH Zone) located 20 to 60 meters from the hangingwall of the zone. A number of mineralized veins were also intersected 10 to 100 meters away from the Zone Q footwall (QF Zone). These new mineralized zones are similar in nature to the typical known veins at the Beaufor Mine, which are quartz-tourmaline veins with disseminated pyrite associated with diorite dikes. The best results returned by Zones QH and QF were as follows Hole 150-60a intersected 15.44 g/t Au over 3.0 meters, including 49.55g/t Au over 0.8 meters; and 7.70 g/t Au over 2.0 meters, including 14.10 g/t Au over 0.5 meters. Hole 150-61 intersected 61.48 g/t Au over 3.9 meters, including 361.00g/t Au over 0.7 meters; and 39.05 g/t Au over 1.8 meters, including 99.95 g/t Au over 0.7 meters. These two holes, spaced at about 45 meters apart, appear to confirm the lateral continuity of Zone QH and Zone Q, which may remain open to the east. The Zone 1700 sector lies east of the 1500 level of the Beaufor Mine, 458 meters below surface. A few historical holes intersected mineralized lenses with gold values of over 3 g/t. Four new holes were drilled to test the extensions of those mineralized lenses. The results for holes 152-18, 160-14, 168-04 and 176-01 provided a better understanding of the structure and size of the lenses (see 1500 level plan). Zone 1700 remains open vertically but is not laterally continuous and may be confined by two structures striking N80°. The most significant grades were intersected in holes 160-14 and 152-18 and appear to indicate the presence of two new zones Hole 160-14 intersected 10.75 g/t Au over 0.7 meters; 12.33 g/t Au over 1.6 meter, including 36.25 g/t Au over 0.5 meters; and 10.42 g/t Au over 1.1 meters, including 20.30 g/t Au over 0.5 meters. Hole 152-18 intersected 14.25 g/t Au over 0.5 meters. The extensions of these mineralized lenses are still not well defined and additional drilling is needed for a better understanding of their geometry.