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Monument Mining Ltd V.MMY

Alternate Symbol(s):  MMTMF

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

Post by nozzpackon Apr 23, 2021 8:11am
106 Views
Post# 33053836

Monuments 2015 plans for heap leaching

Monuments 2015 plans for heap leaching

Monument Progresses Mine Development at Burnakura Site

September 28, 2015

Vancouver, B.C., September 28, 2015, Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” reports that it has completed the on-site horizontal impact crushing trials of various pit and underground materials, and has made progress toward heap leach construction at the Burnakura site, located at Murchison Region, Western Australia (“WA”).

Monument is now fast tracking mine development on the ground having completed both crushing trial test work and heap leach engineering design at the Burnakura Project in Murchison, WA. In parallel the Company has commenced the 2016 exploration programs to extend our successes in Alliance and New Alliance resource and continuity confirmation. 

The crushing section of the Burnakura gold processing plant was originally designed to provide high grade mill feed only. It needs to be re-engineered in order to crush ore materials extracted from various open pit and underground mines to feed both heap leaching and mill facilities.. An Impact crusher was hired for trial test work. To date, samples of the crushed materials have been sent to Perth based independent laboratories, we are awaiting technical results. These results together with all available information previously generated and collected will be used for the crushing and screening circuit design.

Simultaneously, Como Engineers (“Como”), a Perth based engineering company has been engaged to assess the condition of existing crushing, screening and conveying equipment, and to restore them to good condition as appropriate. Como will also provide their assessment on CAPEX and OPEX estimates for the entire heap leach plant including supervision and assistance with construction and wet-commissioning of the heap leach plant.

The Company’s engineers have being working with Como and have commenced the first phase of the heap leach construction project, we are targeting commissioning and start-up of the heap leach facilities at the Burnakura site before the end June 2016.

Roger Stangler, Chief Managing Geologist of the Company, MEng, MAusIMM, MAIG has reviewed, supervised the preparation and approved the scientific and technical disclosure in the news release as a Qualified Person under NI43-101 standards.


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