The Monarc Corporation stock is traded on the Pink sheets (MONA.PK).
Our main business is an operation of a BIO Tech company in Montreal Canada:
www.itilaval.com
We also have interest in a Peru mining:
1. Ino-Tech Inovation for more than ten years has manufactured its own formulated products that are biodegradable and environmentally safe. ITI has been improving air quality in residential, commercial, and industrial sectors.
ITI products are tested and certified by independent laboratories and supported by Technical Data Sheet and Material Safety Data Sheet. ITI is working diligently to develop products that eliminate air pollutants, bacteria, and viruses, which we come in daily contact with.
ITI's ongoing mission is to improve air quality for a better and healthier future.
COMPANY NEWS:
ITI Laval production facilities image gallery
Andrea SA buys new storage tank and triples storage
capacity
at a cost of $40,000.00.
Mona Completes Merge With Peru Exploration Company
Preview the upcoming MONA TV commercial
2. ANDREA GOLD S.A. is a Mining company incorporated in the province and Department of Lima, Peru that has initiated its operations in January of 2008. Its activities are exploration, mine operation, processing and commercialization of minerals and metals, with Huila-copper project and Andrea Gold III project, located in Peru, South America.
Andrea Gold S.A. has spent around US$500,000 to have a 50 t/d gold processing plant in northern Peru (only one in the area), which it is starting full operations on august 2008, buying ore from local miners, as long as the company develops a gold vein within the company's Andrea Gold III property to supply ore to the plant. In this property, the company has so far, a total indicated mineral resource of 130,000 tonnes averaging around 12g/t for an indicated gold content of
appox 50,000 Oz (about 37 million dollars at current Gold prices), and a Inferred mineral resource of an additional 130,000 tonnes.
The company plans to build a 300 t/d copper concentrate processing plant approximately 10 Km south of Nazca, Southern Peru, to process the ore that is going to be mined out from it's Huila property, located about 60 Km. South from future plant site. There is about 500-t/d copper ore production sur-plus from the mines around Nazca area that eventually, could be processed in the future company's plant. As a result of an initial exploration program, the company has in Huila property so far, a total indicated mineral resource of 165,000 tonnes averaging 3,2% Cu/t with a total copper content of around 5,280 tonnes, (about 24 million dollars at current copper prices), and an additional inferred mineral resource of 165,000