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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

Post by hainholzon Nov 08, 2024 5:23pm
134 Views
Post# 36304056

Murchison Project !!!!

Murchison Project !!!!
Murchison Gold Project

The Company continued working on a review of the Murchison Gold Project, including reassessment of the economics of a production restart and a review of all historical and recent drillhole data for the Gabanintha tenement holdings, in order to plan infill drilling programmes for completion in subsequent quarters, and also confirmation drilling such that certain historical resources can be included in any future mine plan.

The construction of a new core shed was completed in March 2024, including new core yard racking and trays. Drill core samples have been reorganized to be ready for geological inspection. A heritage specialist was engaged during Q4 2024 to research and ensure ongoing compliance with recent regulatory changes and other regulatory compliance was also under review. The processing plant, accommodation, catering facilities, offices, and associated infrastructure were maintained to a high standard ensuring operational readiness. Accommodation and catering facilities were fully operational during the quarter and equipped to support administrative, exploration, and mining activities.
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