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Bullboard - Stock Discussion Forum 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... see more

TSXV:MMY - Post Discussion

Monument Mining Ltd > 51 meters of 3.84 gms per ton
View:
Post by nozzpack on Apr 06, 2022 11:25am

51 meters of 3.84 gms per ton

Lots of high grade gold below then thar Selinsing pits...

Drilling up to 250 meters below the Selinsing and B Reef pits in 2011-12 found extensive high grade sulphide gold all over the place......not surprising as every open pit oxidized gold resource has its source in hard rock sulphides in the basement .

So we are well placed to continue hard rock ( sulphide ) mining decades or more after the current shallow sulphides exposed by historical oxide mining are processed by the Floatation plant ..




Deep drilling below Selinsing pits 2011-12.  51 metres at 3.84 gms /ton 
 
 
 
These drill results are very positive and show us that at a further 220 metres below the current pit the mineralization is continuing. Together with our recen
 
As presented in the table 1 in this news release, 
 
MSMDD35 (51m at 3.84 g/t gold from 159.5 to 210.5m), 
 
MSMDD025 (65m at 3.09 g/t gold from 157.10m to 222.1m) 
 
and MSMCD017 (64.58m at 2.91 g/t gold from 188.65m to 253.23m)
 
 
 partially define a new high grade ore pod located approximately 85-103m below the current pit bottom. 
 
This ore pod needs additional drill tests to determine its full extent. These drill results demonstrate that gold mineralization at the Selinsing Deposit continues at depth along an east-dipping structural zone. It is hosted in cataclasite and mylonite rocks with weak to moderate gold-bearing quartz veins and quartz stockwork veinlets. 
 
Ores exposed in the current Pit 4 bottom are mostly “fresh” or sulfide-bearing rock and are currently being processed through the plant. 
Comment by nozzpack on Apr 06, 2022 3:58pm
The point being made here is the universality that every wealthered outcropping of gold ( ie oxides ) derives from the upthrust of the basement granite lode which can go as deep as 4 km. What is happening around most of the world....and Murchison is a great example...is that we are running out of the low hanging fruit represented by the oxide open pit gold resources. Selinsing ,Buffalo Reef ...more