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 > Dividends Will be Coming

<< Previous

Bullboard Posts

Next >>

Comment by Freddy1989Germaon Jul 03, 2023 2:10pm

115 Views

Post# 35524966

RE:RE:RE:RE:RE:RE:RE:RE:Dividends Will be Coming

Hello Romara

Yes, you are right of course, no question, I personally see the 250,000 tonne plant as being ready and especially with these gold prices one should check in the next few months how things are going there.

I can only remember that they want to build the 500 000 ton plant to be able to process low ore profitably.

There has been a PEA study by Como since 2018, I think I read, so you know when it's worthwhile, but the way I see it.

They're pursuing the first Selinsing full production and then the resources over to Murchsion.

I think the tactic is right but it comes years too late - we all have no more patience...

<< Previous

Bullboard Posts

Next >>

Osisko Development receives permits for Cariboo Gold Project