RE:RE:RE:Monument Sells MegapurThe future of Murchison could never be better.
60 greenfield prospects that have never been drilled in Burnakura and Gaby.
Its almost certain that under every open pit from 100 m down to even 1250 meters have underground high grade gold of the like that WGX is minig in its 7 undeground mines.
A few of these like NOA 78 have excellent grades down to at least 250 m and some of these pits have extensional drill results out side the current pits.
In terms of Prospectivity, BIF underlies many of these pits, so you never know exactly how much gold can be discovered in such a configuration.
We have a fully equipped mill that may only need to have the 3 stage crusher installed, if it is not already.
At full capacity, the mill can produce about 25,000 ounces per year.
KRR which is alongside Burnakura is valued at $6000 per ounce of production.
THis would value Burnakura at about $150 million cad.
There is also most of the makings of a heap leach facility on site to process low grade ore which @1 m TPA would double production to 50,000 ounces per year.
Gaby is equally prospectiuve including copper.
Further, there is excess milling capacity nearby.
And the JV with Oddesey for Turnaara.