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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 Sep 26, 2023 9:32am
87 Views
Post# 35654215

$14 million in ore Inventory on March 31 2023

$14 million in ore Inventory on March 31 2023

Inventory includes supplies to production, stockpiled ore at ROM pad, work in progress such as gold in circuit and finished goods comprised of gold bullion and gold in concentrate. 

Almost certainly, that inventory has now been sold along with some from Q4.

Its probable that most 0f that will have been sold in Q1, given that only 500 tons of concentrate was sold by late June, along with 3000 tons produced in Q4 being carried over to Q1..

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