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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 Nov 01, 2022 1:38pm
186 Views
Post# 35063780

ODY Quarterly Report…..Major Discoveries at Tuckanara

ODY Quarterly Report…..Major Discoveries at TuckanaraDid they ever do their Due Diligence on Tuckanara and Cathy Zhai.
These superb drilling results are going to provide updated 43-101 including very high grade underground lodes along with above average grades of oxidized shall deposits.

I venture to speculate well in excess of 500,000 economic ounces of above average grade resources from the two areas intensively drilled todate.

This is exactly what WestGold is looking for and they have another large tenement just north of Tuckie

Highway Zone
 
• Results of RC drilling returned in Q3 demonstrate a significant mineralised zone at the Highway Zone
 
The mineralised structure is now drilled for over 400m of strike with more than half the holes intersecting over 25 gram metres Au or more
 
300m long shoot is open along strike to the east and west
 
Consistent wide mineralisation 10-30m true width
 
o Continuous mineralisation drilled from 10m to 200m vertical below surface and open down dip
 
• Outstanding results for the quarter include:
 
o 84m@2.5g/tAufrom25m(~40mtruewidth)(CBRC0055)including:
15m @ 4.6g/t Au from 25m and
16m @ 1.9g/t Au from 53m and
30m @ 3.3g/t Au from 79m including
7m @ 10g/t Au from 89m
o 44m@0.6g/tAufrom32m(CBRC0117)including:
8m @ 1.2g/t Au from 64m
o 5m@4.4g/tAufrom175m(TCKRC0100Tail)including:
2m @ 9.4g/t Au from 175m
 
• Growing the shallow oxide mineralisation and extensions along strike to the east are a focus
for the next campaign of drilling
 
Cable Bollard Trend
 
• Drilling continues to successfully define shallow, high-grade extensions to the five existing historical high grade (+2.5g/t) pits at Tuckanarra
 
Mineralisation now extending over 1.4km of strike and to a vertical depth of 160m
 
• Results this quarter continue to demonstrate near surface and plunge extensions to the Cable
Pit
 
o 2.2m@10.6g/tAufrom110m(CBDD0006) o 3m@6.8g/tAufrom27m(CBRC0007)

etc
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