Monument Mining Ltd V.MMY

Alternate Symbol(s): MMTMF

Metals & Mining Gold

Monument Mining Limited is a Canadian gold producer that 100% owns and operates the Selinsing Gold Mine in Malaysia and the Murchison Gold Project in the Murchison area of Western Australia. It has a 20% interest in Tuckanarra Gold Project, jointly owned with Odyssey Gold Ltd in the same region. Located in the Central Gold Belt of Western Malaysia, the Selinsing Gold Mine covers a total area of approximately 150.3 square kilometers (km2) and includes the Selinsing, Buffalo Reef, Felda Land, Peranggih and Famehub properties. The Murchison Gold Project includes the Burnakura, Gabanintha, and Tuckanarra properties, which are located in the Murchison goldfield of Western Australia, 40 kilometers (km) southeast of Meekatharra and approximately 765km northeast of Perth. 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.

TSXV:MMY - Post by User

Monument Mining Ltd > Peranghi Drilling Plans for Q2

<< Previous

Bullboard Posts

Next >>

Post by nozzpackon Nov 18, 2020 8:14am

741 Views

Post# 31920753

Peranghi Drilling Plans for Q2

The mining program .consists of a further 7,000 meters GC drill program of which 5,000m was designed to target shallow mineralisation on the topography surface while the remaining 2,000m was allocated to continue to drill down dip from previous drilling at the bottom of the pit.

The drilling below the current stage 1 open pit should be particularly interesting.

From the Rubber Hill historical drilling ( RH is in Famehub just east of Buffalo Reef ) , I was able to cobble together the following oxide grades at depth..

0 to 10 m 1.9 gms/ton
11 to 20 m 2.2 gms /ton
21 to 30 m 1.5 gms/ ton
31 to 40 m 1.1 gms/ton

There were too few samples below 40 m for estimation purposes