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Bullboard - Stock Discussion Forum Monument Mining Ltd V.MMY

Alternate Symbol(s):  MMTMF

Monument Mining Limited is a Canada-based gold producer. The Company is engaged in the operation of gold mines, acquisition, exploration, and development of precious metals with a focus on gold. It owns a 100% interest in the Selinsing Gold Mine and the Murchison Gold Project. The Selinsing Gold Mine is located in Pahang State, within the Central Gold Belt of Western Malaysia, and comprises the... see more

TSXV:MMY - Post Discussion

Monument Mining Ltd > Gabathinia on strike with new Supergene Copper Gold discover
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Post by nozzpack on Feb 03, 2021 6:50am

Gabathinia on strike with new Supergene Copper Gold discover

Cyprium on Oct 1/20 Cyprium announced the discovery of surface and near-surface supergene mineralisation above the sulphide mineralisation at the Nanadie Well Copper-Gold Project

The supergene mineralisation has been intersected in shallow drilling over a strike length of 750 metres and remains open along strike in both directions And Gabathinia is directly on strike.....see link below

Gabathinia currently has 11 million lbs of copper in its Yagahong pit resources but no exploration has been carried out for 20 years other than 5 holes drilling by Monument in 2020...
 
 
https://media.abnnewswire.net/media/en/docs/ASX-CYM-6A999013.pdf
Comment by nozzpack on Feb 03, 2021 8:29am
Comment by nozzpack on Feb 03, 2021 8:44am
Converted to PDF from Kentor which shows the excellent copper and gold grades at Yagahong which need only additional drilling to outline what appears to be a very high grade gold copper resource. As Freddy would already know, a copper by product will greatly reduce the cash costs for gold..
Comment by nozzpack on Feb 03, 2021 10:08am
Fluck it..........see the Yagahong graphic in the link below.....this is the situation from Kentor Gold when we purchased Gaby...Monument drilled 5 holes in 2020 which extended this high grade copper gold mineralization much deeper. If you convert the metal content to value at current prices, these grades for gold/copper would rank in the top quartile of such poly metal .........Kentor was ...more  
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