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 > Very Good News..WestGold listed on TSX Senior

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Comment by nozzpackon Nov 06, 2024 8:04am

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Post# 36298340

RE:Very Good News..WestGold listed on TSX Senior

WestGold is desperately in need of low cost open pit mines for the reason stated below..

The expanded business delivered a record 77,369 ounces (~90koz normalised for a full quarter of Southern Goldfields production) at an AISC of $2,422/oz, generating $29M in net mine cashflow.

That's about +$ 1750 US per Ounce because it is largely an underground producer..

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