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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 Mar 06, 2023 2:03pm
135 Views
Post# 35321857

RE:interview pdac 2023

RE:interview pdac 2023Thank you C.
What was most significant about this very brief interview was the statement that the next major initiative will be to resume production at Murchison, once the FP is running smoothly.

The mill is fully operational, the mining camp is ready and they have stockpiled ore plus old but high grade tailings .
Plus, there is a very high grade oxide lode just below the pit floor of NOA pit 8.

All they need do is dewater the pit and production drill through the floor to access this legacy oxide resource.
By then, ODY will have defined sufficient ore to feed the Burnakura mill as well and can jointly fund the mill to 600,000 tpa  equivalent to 30,000 ounces per year .

So, our future keeps getting brighter production wise..
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