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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

Comment by nozzpackon Dec 24, 2023 6:29am
183 Views
Post# 35799567

RE:crushing

RE:crushingThat is correct......the comminution circuit can now accommodate third stage ore crushing which reduces ore particle sizes such that higher recoveries and faster processing is now possible .

Depending on the induvidual mettalurgy, gains in ore processing can be up to 20%......ie 260,000 tpa becomes 310,000 tpa .

Operating margins incresse which boosts operating earnings .

We have suffucuent old tailings at 1.79 grams per ton requiring only modest grade control and trucking costs to begin ramp up commissioning with quick conversion to production restart .

Freddys comments are spot on .....we are very well positioned both at Selinsing and Murchison to substantively advance the value of our investment in both areas.

Dato not only sees the forest well but is sufficiently  risk averse to move in measured paces that ensure 
investment success once tree cutting begins 






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