MONK Company Description
About Monarchy Resources
Monarchy Resources ("Monarchy") engages in a variety of investments in historically significant, mining claims and mining real estate world-wide with mineral reserves primarily consisting of precious metals. Monarchy Resources takes a minority, non-operated position in precious metal mining projects. We combine experienced management, low overhead and capital towards promising strategic acquisitions. We allow operators to remain focused on their operated interests and in return Monarchy receives revenue share of the profits from such participation. Monarchy's non-operated position continues to gain momentum as Monarchy partners with more operators and land professionals.
About New World Metals
New World Metals Corporation ("NWM") is a mineral development, ore processing and refining company focusing on expanding its production of gold and silver in Chihuahua, Mexico. NWM has three operational mines in Mexico.
MONK Video - CEO Jose Perez interview outlined the company's acquisition strategy http://www.moneytv.net/volume18week2.htm
MONK Highlight Updates January 14, 21014
Dear Fellow Shareholders, Business Partners and Friends:
First of all we want to thank you for your support and interest in our company over the past year. We are excited about what we have accomplished in 2013 and are even more excited to provide you with some of the milestones we hope to reach over the course of the coming year. We firmly believe that 2014 will bring a number of significant achievements for our company which will validate our choice to focus on developing our Mexican mining interests.
Monarchy Resources Inc. (MONK) invests in historically significant mining claims and mining interests with mineral reserves primarily consisting of precious metals. Through 2013, Monarchy Resources took increasing interest in producing gold and silver opportunities in Mexico. In 2013, the Company acquired an initial 45% interest in New World Metals, a Mexican-based mineral development, ore processing and refining company focusing on expanding its production of gold and silver in Chihuahua, Mexico. NWM has three operational mines currently producing approximately 90 tons per day.
Over the course of 2013, we accomplished the following:
Acquired 45% interest in New World Metals
Made deposit on a 100 ton per day ore processing mill
Stockpiled over 8000 tons of ore at its three mine locations
Pumped the La Luna Mine free of water and lowered shaft by 7 meters
Made major repairs and upgrades to structure at Morelos Mine
Lowered shaft by 8 meters and began production at the Peneto Mine
Featured on MoneyTV with Donald Baillargeon
To us, however, this is just the start of what we want to accomplish in 2014. Some of our key milestones we wish to achieve are the following:
Complete Acquisition and Set-up of Ore Processing Mill and Begin Processing Ore
One of the Company's goals since acquiring an interest in our Mexican mining projects is to build our own processing facility. In 2013 we placed a deposit on a 100 ton per day processing facility.
The Company is looking at completing this acquisition and setting it up through 2014 to enable the company to begin processing its own ore.
Expand our Board of Directors
The Company recognizes a need to expand its board of directors, and is looking forward to expanding its board of directors through 2014. The Company is currently speaking with promising candidates and will be announcing these appointments as they occur.
Increase Production at Our Three Producing Mines
The Company is pleased with the amount of ore that it has stockpiled to date. The Company is seeking to increase its production over the course of the coming year so as to have an ample supply for when the Company is in a position to begin processing ore. We are currently producing at all three mines at a total combined rate of 90 tons per day. The Company believes we can significantly increase this rate of production in 2014.
Increase Communication with our Shareholders
The Company will continue to keep its shareholders up to date through its regulatory filings and press releases, as well as keep its website up to date at www.monarchyresourcesinc.com. The Company is considering hiring a third party corporate communications firm to keep its shareholders up to date. We will also host investor conference calls from time to time to keep shareholders updated.
Expansion of Advisory Board and Key Personnel
As the Company expands its focus and further develops its projects, we recognize the need to hire experts, advisors, and key personnel that will assist us in developing the Company from an operational standpoint as well as introducing the Company to key industry players and strategic partners. We have several potential candidates in mind, and are anxious to announce the appointment of these individuals.
Engagement of Investment Banking Firm
Since our Company's founding in 2010, Monarchy Resources has largely relied on "friends and family" to finance our growth, develop our products and services, and meet our working capital requirements. However, we believe to move our Company through its next critical phase of growth, development and commercialization, and to attempt to ensure we are positioned to support our research collaborations and market penetration strategies, another financing channel is needed. We will actively be soliciting investment banking firms to serve as our investment banker and financial advisor to assist us in attempting to raise new capital in 2014.
Concluding Remarks
By way of this letter, we have endeavored to share several of the many positive developments occurring at our Company. We urge you to read our recent filings as well as our 10-K which will be published this month for additional details on our key growth strategies and critical milestones achieved, thus far. The Company is optimistic about its future and very excited about our projects in Mexico.
In closing, I'd like to use this opportunity to express my sincere appreciation to all of my fellow shareholders for your commitment to Monarchy Resources' mission, and for your continued trust and confidence in our leadership. I'd like to wish you all a very happy and prosperous New Year!
Respectfully,
MONARCHY RESOURCES INC.
Jose Perez, President and Chief Executive Officer
MONK Key Company Management
Jose Perez - President, Secretary and Director of the Company.
Jose Perez age 39, over the last several years has consulted to various reporting and non-reporting companies in the mining, oil & gas, technology and energy efficiency sectors. Providing guidance on corporate finance, business development, marketing and investor outreach programs. Mr. Perez has a Bachelor of Commerce Degree from McGill University, where he specialized in Finance and International Business. He is currently consulting to a number of Mexican based operations. Mr. Perez is fluent in English, French and Spanish.
GEOLOGISTS AND CONSULTANTS
Miguel Jaramillo – President New World Metals
Miguel has 24 years of mining engineering and geology experience working on various projects as both a geologist and mining engineer in Mexico.
Miguel started his career at Penoles in 1988 as an exploration geologist in Chihuahua, Mexico. He also worked for Grupo Aztas, USG de Mexico, Grupo Cementos focusing on: Exploration, Evaluation and Viability Analysis of various Projects. For the last 4 years Miguel has been running and operating his own mineral leases and mines producing and processing tonnage in the state of Chihuahua. Miguel has a Geologist and Engineering Degree from Chihuahua State University.
MONK Contact Info
Monarchy Resources, Inc.
La Direccianes. Calle urique nà ºmero 5
Colonia Fuentes de Bellavista, c.p.
Hidalgo del Parral
Chihuahua 33880
Mexico
Website: http://monarchyresourcesinc.com/
Phone: 408-879-2669
Email:info@monarchyresourcesinc.com
MONK SEC Filings
http://www.otcmarkets.com/stock/MONK/filings
MONK Headlines
http://finance.yahoo.com/q/h?s=MONK+Headlines
Investigate more about MONK @ http://www.otcmarkets.com/stock/MONK/quote for more due diligence.
$MONK pm News! Monarchy Resources Announces Private Placement Financing 1/30/14 http://finance.yahoo.com/news/monarchy-resources-announces-private-placement-130000125.html?soc_src=mediacontentstory
ReplyDelete$MONK share structure 300,000,000 shares authorized, at $0.001 par value;
ReplyDelete45,000,000 shares issued and outstanding as of September 25, 2013 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9525429
$MONK - Monarchy Resources Appoints John Brownlie to Advisory Board
ReplyDeleteMonarchy Resources, Inc. (OTCBB: MONK) -
Monarchy Resources is pleased to announce that it has appointed Mr. John Brownlie to the advisory board of the Company. Mr. Brownlie has over 28 years of experience managing, operating, and supervising mining projects, and has recently been instrumental in raising over $15,000,000 for Marlin Gold's (TSX VENTURE: MLN) La Trinidad mine in Sinaloa, Mexico, which is commencing its first gold pour at this location. The Company is particularly excited about Mr. Brownlie's extensive knowledge about the Mexican mining industry, his ability to finance mining projects, and his stellar management experience and track record.
About John Brownlie
Mr. John Brownlie has been the Chief Executive Officer and Chief Operating Officer of Marlin Gold Mining Ltd (formerly Oro Mining Ltd). since October 25, 2010. Mr. Brownlie served as President of Capital Gold Corp., from September 2009 to July 2010 and also served as its Chief Operating Officer until July 2010. He served as Chief Operating Officer of Capital Gold Corp. since February 9, 2007. Mr. Brownlie supervises the construction, start-up and operation of the mine. He has provided team management for mining projects requiring technical, administrative, political and cultural experience over his 28 years mining career. Mr. Brownlie served as Vice President of Operations at Capital Gold Corp., from May 2006 to February 9, 2007. From 2000 to 2006, he was a Consultant providing mining and mineral-related services to various companies including SRK, Oxus Mining plc and Cemco Inc. From 1995 to 2000, Mr. Brownlie served as General Manager for the Zarafshan- Newmont Joint Venture in Uzbekistan, a one-million tonne per month heap leach plant which produced over 400,000 ounces of gold per year. Prior to that, he served as the Chief Engineer and General Manager for Monarch Resources in Venezuela, at both the El Callao Revemin Mill and La Camorra gold projects. He has been Executive Chairman of Ely Gold & Minerals Inc. since October 22, 2010. He has been a Director of Marlin Gold Mining Ltd. (formerly Oro Mining Ltd). since July 02, 2010. He has been Director of Ely Gold & Minerals Inc. since March 1, 2010. Mr. Brownlie served as a Director of Palladon Ventures Ltd. from September 2008 to March 29, 2010. He served as a Director of Capital Gold Corp. from February 9, 2007 to July 2010. He served as Director of Tara Minerals Corp., from May 1, 2008 to November 3, 2008. He served as Director of Tara Gold Resources Corp., from May 2008 to October 31, 2008. Mr. Brownlie is a Mechanical Engineer. He studied mechanical engineering and mineral process design.
About Monarchy Resources
Monarchy Resources ("Monarchy") engages in a variety of investments in historically significant, mining claims and mining real estate world-wide with mineral reserves primarily consisting of precious metals. Monarchy Resources takes a minority, non-operated position in precious metal mining projects. We combine experienced management, low overhead and capital towards promising strategic acquisitions. We allow operators to remain focused on their operated interests and in return Monarchy receives revenue share of the profits from such participation. Monarchy's non-operated position continues to gain momentum as Monarchy partners with more operators and land professionals. Currently Monarchy holds a 45% interest in New World Metals, a Mexican mining company.
About New World Metals
New World Metals ("NWM") is a mineral development, ore processing and refining company focusing on expanding its production of gold and silver in Chihuahua, Mexico. NWM has three operational mines in Mexico.
http://www.stockwatch.com/News/Item.aspx?bid=U-i1090618-U%3aMONK-20140218&symbol=MONK®ion=U
$MONK Corporate presentation: http://sproutsapps.com/prs/IPL.pdf
ReplyDeleteMonarchy Resources, Inc. engages in a variety of investments in historically significant,
mining claims and mining real estate world-wide with mineral reserves primarily consisting of precious metals
$MONK is looking at completing this acquisition and setting it up through 2014 to enable the company to begin processing its own ore http://finance.yahoo.com/news/monarchy-resources-publishes-letter-shareholders-140100169.html?soc_src=mediacontentstory
ReplyDelete$MONK is currently producing at all three mines at a total combined rate of 90 tons per day http://finance.yahoo.com/news/monarchy-resources-publishes-letter-shareholders-140100169.html?soc_src=mediacontentstory
ReplyDelete$MONK pre-mkt - Monarchy Provides Shareholder Update
ReplyDeletePARRAL, MEXICO--(Marketwired - Feb 25, 2014) - Monarchy Resources, Inc. (OTCBB:MONK) - Monarchy Resources is pleased to provide the following update to its shareholders. Over the past several weeks, the Company has received a number of inquiries from shareholders seeking greater clarity as to the Company's business plan and operations moving forward in 2014. In response, the Company wishes to clarify that it is firstly a Company that seeks to invest in historically significant mining claims and mining companies that operate independently, actively, and successfully in their local area with local competent management. The Company currently holds a 45% interest in New World Metals, a Chihuahua-based Mexican mining operation.
Through 2014, the Company is focused primarily on developing its investment in New World Metals. New World Metals' three precious metals operations in Mexico continue to stockpile ore. While the company continues to develop its underground operations this stockpiled material will be used to produce gold and silver concentrate through a single-stage flotation circuit process. The concentrate will be shipped to Met-Mex Peñoles, a Mexican refinery located in Torreon, Mexico. New World Metals has informed the Company that it anticipates sending its first shipment of concentrate by June 2014.
About Monarchy Resources
Monarchy Resources ("Monarchy") engages in a variety of investments in historically significant, mining claims and mining real estate world-wide with mineral reserves primarily consisting of precious metals. Monarchy Resources takes a minority, non-operated position in precious metal mining projects. We combine experienced management, low overhead and capital towards promising strategic acquisitions. We allow operators to remain focused on their operated interests and in return Monarchy receives revenue share of the profits from such participation. Monarchy's non-operated position continues to gain momentum as Monarchy partners with more operators and land professionals.
About New World Metals
New World Metals Corporation ("NWM") is a mineral development, ore processing and refining company focusing on expanding its production of gold and silver in Chihuahua, Mexico. NWM has three operational mines in Mexico.
http://www.stockwatch.com/News/Item.aspx?bid=U-i929464001-U%3aMONK-20140225&symbol=MONK®ion=U
New World Metals has informed the $MONK that it anticipates sending its first shipment of concentrate by June 2014 http://www.stockwatch.com/News/Item.aspx?bid=U-i929464001-U%3aMONK-20140225&symbol=MONK®ion=U
ReplyDelete