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.

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Monument Mining Ltd > Probable Gold sales in Q3

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Comment by Freddy1989Germaon Apr 30, 2023 6:41pm

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Post# 35421999

RE:Probable Gold sales in Q3

I would be very happy with 3500 ounces per month, but I prefer to cautiously assume 2000 ounces per month and hope very much that we are at ALL IN 1200 or less.

The ALL IN cost would have to fall because you don't have a low ore anymore, as I understand it the high ore has been removed and now the low is mixed with the high straight ore so that there is a stable production.

Let's see, 2 grams per tonne and 90% recovery would be great, of course, but better to think badly ....

I prefer to be positively surprised.

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