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 > Another $2.6 m US in Receivables from Q1 sales in Q2

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Post by nozzpackon Nov 29, 2023 2:31pm

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Post# 35759249

Another $2.6 m US in Receivables from Q1 sales in Q2

We delivered $2.6 m US in concentrate in Q1 whose funds were not received in time for the Q1 report...see Note 5.

Those additiinal funds will be reported in Q2 which will take Q2 Sales above $30 million .

Also the internal FS for the Selinsing mine has indicated that the 150,000 ounces of Inferred Sulphide resiurces ...30,000 ounces inside the current pits ...will be drilled for conversion to mineable reserves.

This should add up to another 3 years of mine life.

In addition, the Inferred just below the pit floor is wide open at strike and dip..

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