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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 Jun 26, 2023 1:40pm
151 Views
Post# 35514844

Questions about the latest news

Questions about the latest news

Here are a few questions for the experts in Canada

What is the effect of the filter cloths in the press that have broken and where there are no replacements yet is that a big problem?How does this affect the production ramp up

"Torn filter cloths remained an issue with new cloths still awaited from the filter press supplier McLanahan"

How do you interpret that the plant has now reached full production in June?

"The flotation plant operation is improving with up to 99% of design capacity achieved during June 2023, and overall 83% capacity achieved for the 30 day period up to June 17th 2023"

Why do they have so much ore in stock and have only shipped 590 tonnes? Are there not enough buyers or how do you see it?
 
"An additional 3,000 DMT of concentrate is currently available for sale"

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