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

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Post by nozzpackon Mar 01, 2024 9:40am

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Post# 35908806

FP Production …Forming up to 13000 ounces per quarter

So we produced just over 6800 ounces with reconciled recovery of 71.10% .

Expected recovery rate when fully tuned is 87% .
This will boost the 6800 ounces to 9500 ounces per quarter .

Grade was 1.51 grams per ton .
FS expected grade was 1.99 grams per ton .

This gets us to 13000 ounces of sustained production once the FP is finally producing at Brest Plate capacity ..

Perhaps by Q4..

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Advancing flagship Ishkõday Gold Project in Ontario