Monument Mining Ltd V.MMY

This Week

[nozzpack]

At some point....perhaps this week...drilling plans for Murchison will be announced.

It is important to point out that this drilling program will advance with new methods and a new geologic model compared with historical drilling.
 

With substantially more data as input into the new geologic model , we now have several dozens of potentially new open pit discoveries that have never been identified in previous geologic models .

It is this possibility that really excites me.

Why?

Note the high grades of historical open pit discoveries when first mined .....3 gms or so.

At such high grades, these near surface oxides will have very low cash costs and  
will be exceptionally profitable .

Further, as most significant open pits have their source lodes at higher grades in the basement rock, we will add more underground mines once surface ore is exhausted.
Its going to be an exciting summer for all of us.

[deiwel]

i hope the review from srk is coming

[nozzpack]

Management completed their mining plan in late February and then sent it to SRK for independent review which was expected to be completed by exit March but carried on into April. April is almost gone, so that report is very late. While researching that I came across the following statement .. Acquisition target generation: Continuing internal and external appraisal of potential

[SilverNS]

I hope also, as the report is late