Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by Freddy1989Germaon Apr 29, 2024 1:09pm
235 Views
Post# 36012961

Ody Info

Ody InfoIncreased Tuckanarra Project Mineral Resource estimate (“MRE”) to 5.14Mt @ 2.5g/t Au for 407koz of gold (above a 0.9-2.0g/t Au cut-off):

12% increase in MRE gold grade, compared to the maiden MRE
High-grade subset of 2.25Mt @ 3.9g/t for 283koz above a 2g/t cut-off Importantly, 4.2Mt @ 2.3g/t for 311koz is located on granted mining leases New MRE for Highway Zone comprises 0.79Mt @ 3.8g/t Au for 97koz Highway Zone MRE ounces have increased by 48% including a new underground resource of 65koz at 5.8g/t Au which remains open down plunge MRE only occupies a small portion of the Tuckanarra Project tenement package – clear potential for MRE growth through near-resource and regional drilling Previous drilling at Highway Zone highlights underground potential with a highgrade shoot intersected over 150m of strike, including 7.35m @ 9.5g/t Au, 11m @ 7.8g/t Au and 12m @ 6.5m g/t Au Drilling successfully intersected gold mineralisation 120m below previous drilling and 250m below surface, representing a significant extension to mineralisation Further drilling is planned to continue to grow the Highway Zone resource along strike and down plunge New drilling completed at the T8 oxide target 800m east of the Kohinoor resource intersected supergene gold mineralisation and two gold bearing structures Airborne electromagnetic (“AEM”) survey to be completed over the Tuckanarra greenstone belt
<< Previous
Bullboard Posts
Next >>