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Monument Mining Ltd. V.MMY

Alternate Symbol(s):  MMTMF

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.


TSXV:MMY - Post by User

Post by Freddy1989Germaon Aug 11, 2023 10:34am
98 Views
Post# 35583759

BIOX/Murchsion

BIOX/Murchsion
Hello

Yes it will be interesting to see what happens and whether the cash flow will be used first for BIOX or rather for Murchsion for the expansion of the plant.....to 750 000 tonnes.

If you look at it that way with Odyssey Gold there really is an interesting option for MMY to cash flow their Australian asset over the next 12 months.....

or go to Westgold and also get 20% of the profit you make on the high grade ore.

But I would like Odyssey Gold to have the ore processed at the Murchsion plant - the gold price is at A$2900.
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