MONARCH GOLD CORPORATION announced that it has started diamond drill programs on three of its wholly-owned gold properties, namely McKenzie Break, Swanson and Beacon. Drilling started on the McKenzie Break property, and will subsequently move to the Swanson and the Beacon properties, respectively. McKenzie Break is located 25 km north of Val-d'Or, near Monarch's Camflo and Beacon mills. In the fall of 2019, a total of 4,202 metres drilled in 10 holes and two extension holes returned impressive results, with visible gold in 7 holes. This new program will allow Monarch to follow up on the excellent results from hole MK-19-250, which returned 10.50 g/t Au over 11 metres, including 156.00 g/t Au over 0.6 metres. Three new holes are planned at a 50-metre spacing to the east, south and west of hole MK-19-250. Another hole is planned 50 metres east of hole MK-19-249, which returned 5.28 g/t Au over 13.70 metres, including 58.17 g/t Au over 0.6 metres. Swanson is located 45 km north of Val-d'Or, also near Monarch's two mills. The target is a geophysical magnetic high along the same geological stratigraphy as the Swanson and Manville deposits. A resource estimate on the property completed for Monarch in 2018 identified an indicated resource of 1,752,100 t at a grade of 1.85 g/t Au (104,100 oz Au) and an inferred resource of 74,000 t at a grade of 2.96 g/t Au (7,100 oz Au). The property has promising potential and drilling to date has been limited. Monarch plans to drill one hole across the magnetic high conductor. Finally, Beacon, located about 12 km from of Val-d'Or, will be the last property to be tested. The Beacon property is underlain for the most part by the Bourlamaque batholith and is located 5 km south of Monarch's Beaufor mine. The planned hole is 900 metres from the Beacon Mill and mine and will aim to intersect a favourable NE trending structural fault zone that cuts across the northern part of the property. This NE trending structure can be traced for 2 km westwards through the Callahan zone and Wrightbar mine.