Monarca Minerals Provides Corporate Update

MonarcaMinerals_160418

Toronto, Ontario- (Newsfile Corp. – April 16, 2018) – Monarca Minerals Inc. (TSXV: MMN) (“Monarca” or the “Company”) is pleased to provide an update on its recent activities.
Tejamen Project
Monarca has completed the re-logging of 202 reverse circulation drill holes and 10 core holes in San Augustin in the state of Durango. The purpose of the re-logging exercise is to design a new drill program once the surface rights have been secured.
Discussions regarding the surface rights at Tejamen are moving forward on a number of fronts. Carlos Espinosa, the President of Monarca, has met with municipal, state and federal officials, and recently Monarca engaged a Mexican consulting firm specialized in community relations in Mexico with strong track record resolving similar issues to those that Monarca is facing at Tejamen project

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