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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 06, 2021 8:06am
50 Views
Post# 33139067

3 new high grade oxide pits possible at Lewis, Reward Stooge

3 new high grade oxide pits possible at Lewis, Reward Stooge

The significance of these three new open pit discoveries in just low intensity pass drilling in 2018 cannot be over emphazied.
These, when drilled to normal oxide zone depths..about 75 m ....would provide the mill at Burrnakura with cheap oxide gold for many years @25,000 to 50,000 ounces per pit.
yet this area has not yet been  drilled intensively


Figure 2 - Drilling collars for Lewis and areas for shallow oxide mineralization, next to existing historical pits

Three Stooges

Three Stooges is a prospect that also makes part of the Burnakura gold deposits associated to the Burnakura Shear Zone as Lewis. Three Stooges is a series of underground workings that were worked in the 1900’s. Drilling directly under and along strike of these shallow workings produced encouraging results (Figure 3). Several steeply dipping narrow mineralized shoots were defined (Figure 4). Grades were reasonable but averaged 1.5g/t Au. Drilling results will be incorporated into a resource block model for geological modelling and potential further mining plan studies. There is potential for further mineralization increases at depth.

Figure 3 - Collar location map for Three Stooges drilling

Figure 4 - Drilling traces for Three Stooges and area for shallow oxide mineralization

Alliance West

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