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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 Freddy1989Germaon May 31, 2023 9:08am
131 Views
Post# 35472029

Interesting My Earlier Forecast Production Quite Accurate

Interesting My Earlier Forecast Production Quite Accurate
Yes, it has to be said that Nozzpack makes interesting calculations here.

I hope that the quarterly figures will allow more precise calculations, even though I don't expect much because of downtime, but that is normal during a ramp-up phase.

What you also have to remember is that the cost of the plant was set at 20 million and it took 18 million dollars, which is very strong.

An important question in my opinion is whether BIOX is absolutely necessary or whether it is possible to continue with the current system for the full mine life or even expand it? perhaps more cost-effectively.
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