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. > Commences mining high-grade sulfide ore at Selensing gold

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Post by JasleenDhakaon Apr 04, 2023 7:15pm

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Post# 35379935

Commences mining high-grade sulfide ore at Selensing gold

Hey everyone, I have some exciting news to share regarding Monument Mining Limited / TSXV: MMY. The company has announced that they have begun mining high-grade sulfide ore at their Selensing gold mine.

As a result of this development, we can expect production to double within the next 12 months. Additionally, since MMY is targeting higher-grade ore, we can also anticipate a decline in operating expenses.

read more for FREE: https://www.researchfrc.com/aiw-april-03-2023/

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