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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 Aug 30, 2021 7:57pm
60 Views
Post# 33785993

Average Production per Open Pit mine

Average Production per Open Pit mineReviewed the historical production data for our three Murchison tenements

Tuckanara..................125,000 ounces from 4 open pits
Gabanintha.................180,000 ounces from 6 open pits 
Burnakura...................229,500 ounces from 11 open pits.

Total production was approximately 535,000 ounces from 21 open pits.

The average production per open pit was about 25,000 ounces of oxides.

It should be noted that significant oxides remain within some of these 21 formerly mined open
pits, as most were high graded from the shallowest depths by open cut mining.

Just to give you some idea as to what you might expect for any new oxide pit discoveries.

Below all of these exist the source rock containing the higher grade lodes  in the basement .


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