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 > FP Production Statistics

<< Previous

Bullboard Posts

Next >>

Comment by Freddy1989Germaon Oct 06, 2023 6:33am

348 Views

Post# 35672603

RE:FP Production Statistics

I think that the number of trucks still needs to be increased and that there is probably a production backlog.

So that one could deliver more concentrate than one currently delivers but that is all a "question of time" until it runs properly.

I am quite confident that they will reach the 5000 ounces per month.

The only question is when will the high grade "pure fresh sulfide ore" be processed?

Only the question is is the recovery 66% only so bad because of the "ore mixture sulfide and oxide ore" ? I hope and think that the recovery goes to 80% plus if one processes pure sulfide ore because the plant is designed for that.

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?