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. > 2019 Feasability Study ..All In Costs $863 Per ounce

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Comment by Freddy1989Germaon Jul 26, 2023 5:13am

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Post# 35557154

RE:RE:RE:RE:RE:2019 Feasability Study ..All In Costs $863 Per ounce

Hello

Yes, the theory sounds interesting that Monument Mining would only have to pay 20% if they did this together with Odyseey.

But the question is, does Odyseey have enough money to finance this 80%?

I think MMY with the current cash flow would rather have the 15 Dollar million together for the 500 000 ton plant to process the low ore.

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