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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Post by nozzpackon May 16, 2022 9:20am

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Post# 34685900

WestGold Presentation…Running out of Open Pits

Almost all of their production is from going beneath former mined out open pits.
That explains their elevated AISC, as U/G grades are marginal.

West has raised $100 million for inorganic growth .

The nearest blocks are MNYs Murchison with over 24 partially mined out pits, 30 shallow high priority targets for new pits and the U/G basement lodes hardly touched by the drill..

At some point we should negotiate a sale price to be returned to shareholders as the long awaited dividend.

https://www.westgold.com.au/site/PDF/27c44c6a-a156-4f51-bbe5-8b133aba9c60/CorporatePresentation

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