Monarch to acquire all of Mt Ida

MICHAEL Kiernan’s Monarch Gold Mining is set to extend its tenement stake surrounding the high-grade Mt Ida gold mine for an agreed $5 million with previous owner International Goldfields, while mining gets underway at its Davyhurst gold operation.

Monarch to acquire all of Mt Ida Monarch to acquire all of Mt Ida Monarch to acquire all of Mt Ida Monarch to acquire all of Mt Ida Monarch to acquire all of Mt Ida

Under the new agreement between both companies, Monarch will receive a tenement package that includes the down-plunge extensions of the Baldock, Meteor and Whinnen resources and access to the Timoni

loader