Monument Mining Ltd. V.MMY

Alternate Symbol(s): MMTMF

Metals & Mining Gold

Monument Mining Limited is a Canada-based gold producer. The Company is engaged in the operation of gold mines, acquisition, exploration, and development of precious metals with a focus on gold. It owns a 100% interest in the Selinsing Gold Mine and the Murchison Gold Project. The Selinsing Gold Mine is located in Pahang State, within the Central Gold Belt of Western Malaysia, and comprises the Selinsing, Buffalo Reef, Felda Land, Peranggih and Famehub projects. Buffalo Reef lies continuously and contiguously along the gold trend upon which the Selinsing Gold Property is located. Both Felda and Famehub are located east and north of the Selinsing and Buffalo Reef properties. It has a 100% interest in the Murchison Gold Portfolio, which consists of the Burnakura, Gabanintha, and a 20% interest in Tuckanarra gold properties, located in the Murchison Mineral Field. Burnakura and Gabanintha are located southeast of Meekatharra, Western Australia and northeast of Perth, Western Australia.

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Monument Mining Ltd.

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Comment by goldpigon Feb 06, 2012 12:06pm

206 Views

Post# 19494956

RE: RE: RE: RE: RE: Wow..Mnegapur currently produc

The technical report takes a while to read through but it contains some fascinating material on this project.

For example, MMY have been drilling it since may 2011.

As for the iron rich solis that afre being sold to ZCM for $8.75 per ton, if one takes the October rate of soil removal, one arrives at about 14 million tons for the current year which will generate about $120 million in income for MMY.

A small copper plant is also producing on the site.

In terms of location, the Mengapur mine is ideally situated to supply the fertilizer and metal demands of India and China.

It is an asset of substantial maginitude.

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