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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 May 03, 2021 8:56pm
124 Views
Post# 33120845

Magnificent hit of substantial visible gold at Tuckanara

Magnificent hit of substantial visible gold at TuckanaraODY doubled its market cap to $75 million today when it announced finding a nice chunk of visible gold in one of its drill holes under the Bottkedump pit at Tuckanara.

Two other intercepts were also quite good.
Once again, I note that this discovery was in Greenstone BIF which is sought after by gold mining companies because of good grades and a long mine life.

Note that Gabanintha and Burnakura have lots of Greenstone BIF lithology .

As I have noted many times, nearly every single open pit at Murchison have high grade gold in their basement .
There are 20 such previously mined open pits at Burnakura and Gaby and dozens of potential new never drilled oxide pits identified by the 3 D model.

So, our investment in ODY is now worth $15 m and you can bet that they will find many more ounces of gold in this drilling campaign.

https://www.listcorp.com/asx/ody/odyssey-gold-limited/news/significant-visible-gold-at-bottle-dump-2537675.html
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