Monarch Gold Corporation announced that it will undertake an internal review of its Wasamac project in Quebec, Canada, with a view to creating value by including the silver content associated with the current gold mineralization, in the light of the recent significant strengthening of the silver market. The 2018 Wasamac feasibility report stated that metallurgical testwork and drill core assays had shown that all mineralized zones at Wasamac contain variable amounts of silver, but that no credit for silver had been considered in the economic analysis as silver had not been estimated in the mineral resources or incorporated in the mine plan. The review will consist of the identification of intervals for resampling, analysis of the silver grades to determine the distribution of silver within the zones, as recommended in the 2018 feasibility study, and construction of a silver model, in order to better define the silver content of the Wasamac deposit. The Corporation will publish the results of its review as soon as they become available. A limited number of silver analysis were completed in the 2012 drilling program by Richmont Mines. Silver was systematically assayed with gold. Also, additional samples of available mineralized intersections were also re-assayed for silver. The samples were analysed at Expert Laboratory in Rouyn-Noranda. Pulps and rejects from mineralized zones were also sent to Accurassay Laboratory for verification. Monarch has a quality control program to comply with common industry best practices for sampling and analysis. Samples are collected from drill core from a range of 50 centimetres to 100 centimetres in length. Half-core samples are submitted for analysis. Standards and blanks are inserted every 20 samples. Monarch utilizes high quality laboratory services.