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 > This Quarter ODY pays us $1.05 million for Benchmark

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Comment by Freddy1989Germaon Jan 02, 2024 12:31pm

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Post# 35807193

RE:This Quarter ODY pays us $1.05 million for Benchmark

Yes, it will be exciting to see what MMY still has to invest in Murchsion, as an economic feasibility study has been running since March 2023 ..... Let's see when the results finally come in

The plant has been completely overhauled, it's just interesting what the experts advise what steps have to be taken before a launch.

Do you think they are now building up a cash flow with Selinsing to finance Murchsion or do you rather think that the money will be used to upgrade the Selinsing plant?

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