June 30, 2007 Monarch is currently developing a comprehensive exploration program for the Bellevue Project focused initially on expanding the current resource for the Southern Belle deposit.
May 21, 2007 Monarch Gold Mining completed a share placement of 28 million shares at 25 cents each to raise A$7 million. Funds will be used for commencement of operations at the Davyhurst and Mt Ida mines and exploration at Davyhurst, Minjar and Bellevue.
May 11, 2007 Monarch Gold Mining announced a placement consisting of 28 million shares at 25 cents to raise A$7 million. Funds will be used for exploration at Minjar and Bellevue.