5000 ounces for Q4 ?
Production was just over 2400 ounces in Q3.
In addition , we delivered 723 ounces as the last portion of the streaming gold deal.
Very little of that came from Peranghi due to heavy rains collapsing and disrupting the mining benches and damage to the transport road.
Peranggih is the current focus for identifying additional mineable material to extend production from the oxide plant at Selinsing.
What continues to impress me is that recent Drilling has been undertaken to a maximum depth of 70m, at 20m by 20m spacing, targeting a steeply dipping high-grade mineralized structure.
Approximately 70% of the drill holes todate have intercepted commercial gold mineralization defined as above 0.35 gms per ton cutoff.
This has defined a mineralized zone measuring Approximately 830 m by 60 m to a depth of 50 m and beyond.
In addition , Exploration in the third quarter FY2022 comprised 287 channel samples and 87 grab/float samples, which tested extensions to known mineralization at Peranggih, where follow-up RC drilling is planned in Q4 FY2022.
So, not only is the spatial extent of Peranghi continuing to expand but the commercial drill intensity success of 70% shows that a substantial oxide resource is being defined.
In addition , Further mapping and sampling are also expected to be undertaken at Mentique, a new prospect.
Mentique has all of the characteristics of being a clone of its nearby sibling Peranghi.
So, with very little commercial mining of Peranghi in Q3 of 2022 and with normal mining operation happening in Q4, it's quite possible that gold production in Q4 could double to 5000 ounces, all of which will be entirely owned by Monument .
Its been a long time since we had a 5000 ounce quarter.
That will generate over $11 million CAD in revenues for Q4..