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Monument Mining Ltd V.MMY

Alternate Symbol(s):  MMTMF

Metals & Mining Gold
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

Monument Mining Ltd > Commences mining high-grade sulfide ore at Selensing gold
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Post by JasleenDhakaon Apr 04, 2023 7:15pm
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Post# 35379935

Commences mining high-grade sulfide ore at Selensing gold

Commences mining high-grade sulfide ore at Selensing gold
Hey everyone, I have some exciting news to share regarding Monument Mining Limited / TSXV: MMY. The company has announced that they have begun mining high-grade sulfide ore at their Selensing gold mine.
 
As a result of this development, we can expect production to double within the next 12 months. Additionally, since MMY is targeting higher-grade ore, we can also anticipate a decline in operating expenses. 
 
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