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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 nozzpackon Oct 14, 2020 6:31am
103 Views
Post# 31712592

Is it time to reconsider Biox for Sulphide Gold?

Is it time to reconsider Biox for Sulphide Gold?For several years , Monument considered options for recovering gold from the sulphide ores at Selinsing.
In 2015, the Biox process was rejected as being cost prohibitive.
Cheaper methods such as gold flotation were considered as being a much cheaper alternative

Eventually, Biox was reconsidered and chosen but it's capital costs remain constraining .

New processes for extracting gold from sulphide ores have seen emerged and continually being refined.

These are much cheaper and two of these are the Albion process and the Leachox process are in use today ....one wonders if Monument has reconsidered Biox

https://apnews.com/press-release/pr-businesswire/62f371d3efac41f7a5e845b7efa7ca6e
 
Leachox process
 
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