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

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Post by Freddy1989Germaon Jun 23, 2023 4:34am

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Post# 35510713

Interesting prospects

If I interpret this correctly, they want to create a stockpile that can store 4500 tonnes per month of saleable sulphide ore.

It will be very interesting to see how high the ALL IN costs will be when production is fully up and running - the plant is scheduled to reach full production in June 2023.

"with the sulphide ore being delivered to the ROM pad and the oxide ore to other stockpiles".

That sounds interesting the question is at how much oxide stockpile material is it worthwhile for MMY to restart their shut down plant?

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