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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

Comment by nozzpackon Oct 17, 2021 10:33am
50 Views
Post# 34014896

RE:Kentor Gold Corporate Presentation Burnakura 2012

RE:Kentor Gold Corporate Presentation Burnakura 2012On slide 4 of the 2012 corporate presentation, you can clearly see Kentors drill inter secting high grade lodes  below the original  Alliance pit  and dipping to the east and open at strike.

Grades of 23 gms per ton clearly show that the drill is intersecting muktiple high grade veins and their lower grade halos.

The same basement lodes are found dipping below the original pit and open at strike at NOA 7/8.

Recent but very limited drilling by MMY confirms that this basement lode rock lies beneath all of these pits and may form a continuous lode deeper down.

Reading through the historic docs including those of MMY there is reference to the possible existence of a Super pit connecting the basement lodes of all of these Alliance and NAO pits.

 A super pit provides economies of size without going underground where mining is more expensive.

Essentially, just cutting back the walls ( as Kentor shows in slide 4) and deepening the floors to mine the basement lode all along its footing.

There are several super pits in WA which can be viewed by googling.

Drilling of these Alliance pits and NAO pits is going to be very exciting as we already know that the basement lode exists underneath each pit down down to at least 200 m..


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