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. > a little calculation

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Comment by nozzpackon Jul 02, 2022 5:21am

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Post# 34797159

RE:a little calculation

Thank you for extracting these financial metrics from Snowdens 2019 Floatation only option of the Sulphide FS.

Your calculations confirm the profitability of the project.

The FR Research Report states the After Tax NPV10 of the Floatation production project to be $62.5 million US, more than twice the $27.5 million US estimated for the Floatation and Biox project in Snowden.

tks

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