GoldSpot Discoveries Corp. has been engaged by Monarch Gold Corporation following an investment from Caisse de dépôt et placement du Québec ("CDPQ") to continue to advance the Beaufor Mine located on the prolific Abitibi Greenstone Belt in the Province of Quebec. GoldSpot will use proprietary machine learning tools to identify and optimize drilling targets at the Beaufor Mine. GoldSpot will process, integrate, and interpret underground and exploration drilling data in and around the Beaufor Mine using geoscience, data analytics and proprietary AI (machine learning) techniques. The objective of GoldSpot's engagement will be to assist with exploration targeting on both a local and regional scale. The planned exploration program will be one of the largest exploration programs ever undertaken on the Beaufor Mine, consisting of approximately 270 drill holes for a total of 42,500 metres. Exploration drilling will be undertaken in several phases, including: underground work in proximity to the exploration targets of the mine (high-grade intervals and isolated resource blocks); near-surface and mine targets; targets below the current mine workings; and regional exploration targets.