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MNL Monarch Energy Limited

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Share Name Share Symbol Market Type
Monarch Energy Limited TSXV:MNL TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Monarch Releases Initial Odd Twins Results

25/08/2011 2:00pm

Marketwired Canada


Monarch Energy (TSX VENTURE:MNL)(FRANKFURT:EIY1) has received initial results
from its Odd Twins industrial mineral project located near Lourdes on the Port
au Port Peninsula in Western Newfoundland. Three NQ diameter holes were drilled
in late 2010 to test a twin-peaked linear magnetic anomaly that is known from a
ship-borne magnetometer survey in 1969. The holes were drilled from shore into
outcropping exposures of the clastic Winterhouse formation, a steeply dipping
member of the Late Ordovician Long Point Group. All three holes encountered
alternating red, green and buff sandstone and shale beds which ranged in
thickness up to 1 metre.


Three bulk samples were sent to New Brunswick Research Council in Fredericton
for evaluation. Sample J1833-1 is from surface outcrops and Samples 2 and 3 are
from the upper part of drill holes L10-01 and L10-02 respectively. Samples were
crushed and heavy minerals were gravity separated. Concentrates were assayed and
analyzed by Scanning Electron Microprobe. Preliminary results for gold and
platinum group elements are presented in Table 1.


To view Table 1: Gold and PGE analyses from three Odd Twins bulk samples, please
visit the following link: http://media3.marketwire.com/docs/mnl_0825_table_1.pdf



The following results (Table 2) were also reported from whole rock analyses.

Table 2. Iron, Chromium and Titanium Concentrations from three Odd Twins bulk
samples.




----------------------------------------------------------------------------
Sample No.                     Fe2O3               Cr2O3                TiO2
----------------------------------------------------------------------------
J1833-1                         4.49                0.61                0.94
----------------------------------------------------------------------------
J1833-2                         7.18                1.18                1.74
----------------------------------------------------------------------------
J1833-3                         9.88                0.07                0.85
----------------------------------------------------------------------------



Continuing work on the samples will consist of detailed mineralogical studies,
and analyses for rare earth element concentrations. An economic evaluation of
the results is currently under way.


Dr. Ulrich Kretschmar, PhD., PGeo (APGO No. 1160), is the qualified person and
has approved the wording of the technical descriptions in this news release.




ON BEHALF OF THE BOARD                                                      
MONARCH ENERGY LIMITED                                                      
                                                                            
Michael Turko, Director

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