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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

Comment by Freddy1989Germaon Mar 02, 2024 12:32pm
64 Views
Post# 35911215

RE:RE:Murchsion profitability study

RE:RE:Murchsion profitability study
Hello Geo
 
Yes that was my idea as well it could be an applicant Ody so buy Tuckanarra as I see some going for over 200 million dollars over the counter some projects.
 
And because MMY holds 20% MMY would have most of the money together to bring the mill to 750 000 tons.
 
But I really believe that MMY wants to produce itself, whether that will work in 2025 I don't know 
 
but I think if Ody makes a decision to produce in the summer, MMY's mill should actually be the first choice is ready for use or overhauled....
 
as you say for a practical test it is enough in any case and with the cash flow you could finance the upgrades so I would do it if I were MMY....
 
Try to process the Ody ore in the mill and if it works then upgrade to 750 000 tons.
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