Monarca Minerals Inc. engages in the acquisition, exploration, and development of gold, silver, and base metal projects in Mexico. The company also explores for copper, zinc, and lead. It holds 100% interest in its flagship property Tejamen Property covering an area of 1,685 hectares located in the Northwest of Durango, the capital of the State of Durango. The company was formerly known as Oremex Silver Inc. and changed its name to Monarca Minerals Inc. in August 2016. Oremex Silver Inc. was incorporated in 1995 and is based in Toronto, Canada.