The Price is right for Resumption of mining An economic assessment was completed in 2018 .....but never published..but POG was considered too low at that time.
We are now $350 per ounce above reference prices in 2018 and the three stage crusher is in place, completing full operational capability of the Burnakura mill.
Those 3 pits of Lewis, Reward and Banderol already contain over 60,000 Inferred ounces and phase 2 drilling should elevate that to M & I and almost certainly increase those resources and elevate the grades.
Throw in already mined and partially crushed Tailings at Tumblegum, and we have sufficient resourses for 3-7 years of mining @ 20,000-25,000 ounces per year .
and it is currently under review, with the new rally of gold prices in 2020. The Murchison Gold Project requires both development and exploration work to increase its prospective potential to add value to the Monument Group as a whole.