MONARCA MINERALS INC. SIGNS LETTER OF INTENT TO ACQUIRE SAN JOSE PROPERTY IN CHIHUAHUA, MEXICO

monarca-minerals-inc-signs-letter-of

Toronto, November 21, 2017 – Monarca Minerals Inc. (TSXV:MMN) (“Monarca” or the “Company”) is pleased to announce that it has entered into to a Letter of Intent to acquire the San Jose Property, located in northern Chihuahua, Mexico.

San Jose Property
The 5,580-hectare San Jose Property area has excellent indications of multi-element mineralization associated with skarn, gossan and altered intrusive rocks. An existing geological report (2011) discloses assays of up to 26.84ppm Au, 161 g/tonne (5 opt) Ag, 6.5% Pb, 0.9% Zn, and 4.2% Cu

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