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Monarques Appoints Donald Trudel as its Chief Geologist for the Croinor Gold Project

QUEBEC CITY, QUEBEC–(Marketwired – June 14, 2016) – MONARQUES GOLD CORP. (“Monarques” or the “Corporation”) (TSX VENTURE:MQR) (FRANKFURT:MR7) is pleased to announce that Donald Trudel, P. Geo., B.Sc., has been appointed Chief Geologist for the Croinor Gold project.

“We are very pleased to welcome Donald to the Monarques team and to have someone of his caliber working on the Croinor Gold project,” said Jean-Marc Lacoste, President and Chief Executive Officer. “The Corporation will benefit greatly from his extensive mine development and production experience.”

Mr. Trudel has over 26 years of experience in economic geology, including the past five years working as a senior reserve and resource estimation geologist in West Africa. He has worked on more than 17 gold deposits, including 10 underground or open pit mines, and has been involved in all stages of a mining project, from exploration and development to production. He has worked for a number of mining companies, including Minnova, Inco, TVX Gold, Placer Dome, Richmont and, most recently, Semafo, and has held the positions of exploration geologist, production geologist and chief geologist. Over the years he has often been called upon to prepare resource and reserve estimates and participate in the preparation of 43-101 reports, prefeasibility studies and feasibility studies. Mr. Trudel graduated from Laval University in 1989 with a B.Sc. in geology.

ABOUT MONARQUES

Monarques is a gold exploration company currently focusing its efforts on the development of gold projects along the Cadillac Break, in the Val-d’Or area of Quebec. Monarques currently has nearly 200 km² of property holdings in the Val-d’Or area, including two mining concessions and one mining lease with over $9 million in credits from the Ministère de l’Énergie et des Ressources naturelles.

Forward-Looking Statements

The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause Monarques’ actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.