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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 > Murchison News…Two Geologists Hired
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Post by nozzpack on Nov 28, 2024 4:30am

Murchison News…Two Geologists Hired

At Murchison, a new Chief Managing Geologist was appointed by the Company, to undertake further geological interpretation, and planning of an economic study program that will potentially lead to a restart of production.

An Archive Geologist has also been hired to review and accurately catalogue the hard copy archive and review the drillhole database.

Also, the reorganized drill core samples at the newly built core shed at Burnakura are now ready for geological inspection.

An updated mine closure plan for the Burnakura project was submitted at the end of September 2024 following engagement with local stakeholders, and initial meetings were held with the local Native Title holders, regarding the commencement of exploration activity at Gabanintha.
 
Comment by nozzpack on Nov 29, 2024 7:25am
So, we are actively preparing for resumption of gold mining , with plans to resuming drilling at Gananintha . Gabanintha is every bit as prospective as Turnakura, already with over 150,000 ounces in its JORC. The kick off will, in my opinion, be the buyout out of ODY by WestGold. That will give WestGold 80 % of the Turnakura Resources. ODY still trades at less than $20 millin market cap ...more  
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