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.

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Monument Mining Ltd > Monument Sells Megapur

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Comment by nozzpackon Jan 11, 2021 1:43pm

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Post# 32268154

RE:RE:RE:RE:RE:Monument Sells Megapur

All of the commodity prices are near all time highs for Mengaoher top products.....copper, gold and Iron ore.

The price received undoubtedly was reflective of a significant capital to build the mill and some infill drilling.

At current prices, I would guess $100 m US might not be too unrealistic for annual revenues.
This would generate $1.25 m US in cost less revenues per year

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Advancing flagship Ishkõday Gold Project in Ontario