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Monument Mining Ltd. RE:Murchison Mill
Quickly perused some of the recent Gold PEAs and FS and while it's difficult to find a
close proxy to a
1 million ton plant and mill, a value of $150 million US would a very low cost to
replace our well maintained Selinsing gold plant.
Add the Floatation Plant which I figure would .....one year removed..now cost $25 +
million US to build, and in $ CAD, we have about $200 million CAD plus or minus
$50 million in asset value for our Selinsing gold plant complex
by Nozzpack
$In GOD We Trust - Real Money - AU Safety 6000yrs
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Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless.
Monument Mining Great Investment!
Not only do we have a mills, we have ore bodies, mining permits and an efficient workforce to go with the mills and infrastructure.
Dato, being a diplomatic astute mining executive, has to be considering the best options for Monument Mining.
Graham will retire, Cathy will return to the role of CFO and a new competent CEO is coming.
This is the missing parts to propel Monument Mining into a new leaque.
Or a hostile offer from Westgold is coming real soon.
I continue to accumulate more shares, as in the present stock markets, this investment will triple and possibly go ten fold.
For the record, at the end of December 2021, went to a 60% cash position for my investments, maintaining and accumulating MMY and holding Barrick. Recently starting purchasing some Power Corp, Arena Lithium and BP and plan on re deploying the full cash position, by mid June.
One item is for sure, MMY at these prices will not be available in the near future (30 days).
Grab some popcorn and enjoy the show.
by Gaszoo\\
$In GOD We Trust - Real Money - AU Safety 6000yrs
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https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
GOLD STANDARD; THE REAL LEGAL MONEY:
https://www.cs.mcgill.ca/~rwest/wikispeedia/wpcd/wp/g/Gold_standard.htm#:~:text=Advocates%20of%20a%20variety%20of,basis%20for%20a%20monetary%20system.
God Bless
Thank you for the information. This is all new to me.
I feel the same way as you do NYBob.
Monument Mining Ltd. Great Investment!;
Of course we are all waiting for that MMY will be a 10 bagger
before too long .
I have to say I don`t know anything about Dato` except that he is very busy with
his own business . I can only guess that he is thinking we already have the right
person holding the purse strings . Why would he want to replace somebody who`s
doing a great job ? I don`t think he does .
I am starting to sound like a broken record but be careful what you wish for .
We already have the right person in charge .
Also I have always believed that Bitcoin has siphoned off the majority of
money that used to go into junior miners ..
Recently at the Berkshire annual meeting both Buffet and Charlie Munger really
trashed Bitcoin . Bitcoin has been in the down spiral ever since . The little guys
are all getting cleaned out .
They will soon start to return to gold .
With the way the world is going gold is pretty soon going to become the best
investment option . MMY is in the right place at the right time .
by Wayne
Monument Mining Ltd. Moving Murchison upstream plant equipment]
So, when the Floatation plant begins commissioning , the oxide mill goes offline
because the upstream processing equipment ( Crusher and Grinder, Ball mill ) will
be entirely taken up with hard rock mining sukphide ore needed by the Floatation
plant.
That, to me, is unacceptable as mining sulphides could add years to the Floatation
Plant.
Adding the Biox conversion to oxides won't help if the mill is still fully used by
sulphide head ore.
Biox would cost another $35 million US which we don't have and we would still
have just a single revenue stream
So, re a second revenue stream....oxide mining of Peranghi..we have two options
for the unused 1 million ton oxide mill.
1.....purchase and install the upstream processing equipment necessary so that
our oxide ore can be processed by the oxide mill
2...Remove and transport the necessary equipment from the idle Murchison mill
Cost/ Benefit analyses needs to be done so that the best ROC can be
economically determined.
Option 1 might be more desirable , as the Murchison equipment may not have 1
million ton crushing/ grinding .
However, it might have sufficient capacity for 10,000- 15,000 ounces per year as
an interim solution for
the mixtures of low grade halo gold and open pit gold grades observed and
forecast for Peranghi open pit mining.
Allowing our well equipped and efficient oxide mill at Selinsing to sit unused for a
pentade or even a decade, while we have and are defining a economic oxide
resource at Peranghi capable of adding a second revenue stream is not my idea
of full optimization of our Selinsing gold asset.
This is another item that can be added to the Agenda of the 2022 AGM, if you
concur with my observations
by nozzpak at Sth.
NYBob, anything new with MMTMF in the past few weeks? I hope that no news is good news. July is not far away.
We added a few shares today. I hope that the commissioning of the new process goes smoothly, and that the gold price heads back up.
The schedule update is very much appreciated.
bigone on Monument Mining Ltd. New Plant
Dry commissioning of the new flotation plant and associated equipment is
scheduled to start from June 1st, 2022 onwards.
The CIL plant will continue operation until June 30th, 2022.
Tie-in and wet commissioning of the flotation plant will commence on July 1st,
2022 and continue to July 14th, 2022.
Ore commissioning is expected to start on July 15th, 2022.
The gold remaining in circuit will be recovered by emptying the leach and CIL
tanks of slurry and bagging the harvested carbon for subsequent elution.
The elution circuit will continue to operate for around a month after the CIL plant
shutdown.
Just a friendly reminder on a very cold , snowy , late April day . Something to
warm up a die hard MMY fan up .
Monument Mining VIDEOS
https://monumentmining.com/videos/
INVESTOR PRESENTATION
https://monumentmining.com/investors/presentation/
PHOTO GALLERY
https://monumentmining.com/news-media/photo-gallery/
Monument Mining Share Price
Dear Friends
Our share price is heading North, increasing on a weekly basis, because this is great investment.
For many years our share price has been equal to cash on hand providing us $0 valuation for our core assets.
Our Selinsing Mill Project is being completed on schedule in a highly efficient process and start of production is 2 months away.
Our Australia assets are desired by Westgold and they have recently noted 100 million for strategic purchases.
Our Austalian mill has received a new crusher and is being modified to increase capacity from 260,000 to 500,000 TPA.
Our Odyssey Gold property has proven to be a great exploration property with tremendous potential.
I continue to purchase shares everyday, up until $.15 a share.That would be a 24% increase from todays $.12 a share price and a 66% increase from my starting point of $.10 a share.
This risk reward potential of this investment is tremndous considering we have $.10 in cash, our corporate balance sheet assets has a valuation $.30 a share.
Add increased forthcoming profits , increased forthcoming cash flow and the potential of a hostile offer and for this reason I continue to accumulate.
My target remains $.30 a share by the time our AGM meeting is held.
by Gazoo
http://www.monumentmining.com
Global Fiat Failure And The Coming Panic Into Gold & Silver
April 14, 2022
https://kingworldnews.com/global-fiat-failure-and-the-coming-panic-into-gold-silver/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168506668
$In GOD We Trust - Real Money - AU Safety 6000yrs )
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https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless
It appears to be an outstanding value at current share price.
bigone RE: Selinsing Mill
Dear Friends
Facts about Selinsing property from 2021 Financial Statements
Acquisition in Cash 17,234 17,035
Buildings, Plant & Equipment 35,399 1,854
Mine Development 20,942 1,577
Exploration 31,924 15,132
Total 105,439 35,598
As can be seen, 35 million was spent in 2010 on the mill.
That initial mill expense is written off the books through depreciation.
Now for the fun facts.
As everything doubles in costs every 10 years.
The Selinsing Mill, first phase would cost 60 million to build and the present Phase would cost substantially more.
The company has 30 million in cash+- and indicates $110 million +- in total assets.
The true value of the Selinsing Mill alone is $110 million +- or $.30 a share.
Keep in mind the feasibility study for this project was based on a gold price of $1,300.00.
The balance of the Selinsing assets are also worth considerably more today then it indicates on the books.
Enjoy your $.12 a share, as real soon that will be a distant past.
This is only one item that I consider as I continue to accumulate shares.
by Gazzo
https://monumentmining.com/site/assets/files/4293/mmy_corporate_presentation-march_2022.pdf
https://monumentmining.com/news-media/photo-gallery/
Russia and China’s plan to reintegrate gold and silver as money
Play Video Play
https://www.brighteon.com/03e0bafb-afe4-4d32-9030-035345eaca2f
BREAKING_ SECOND EXCLUSIVE TRAILER— SHOWS HOW THE 2020 ELECTION WAS RIGGED AND STOLEN
WATCH
https://www.bitchute.com/video/aYW7YgY3HWbv/
Trump said Russia and Ukraine should 'figure out' a solution 'now — not later — when everyone will be DEAD!'
Lauren Frias Apr 18, 2022, 7:41 PM
https://www.businessinsider.com/trump-said-russia-and-ukraine-should-figure-out-a-solution-2022-4
Thanks NYBob! Here is GREAT interview with Cliff High. A ton of stuff covered....
World Economic Forum a Failing Criminal Organization – Clif High
https://rumble.com/v1212q4-world-economic-forum-a-failing-criminal-organization-clif-high.html
https://2000mules.com/
https://www.rsbnetwork.com/video/president-donald-trump-rally-live-in-delaware-oh-4-23-22/
God Bless
Good morning. Thanks for the informational updates NYBob.
Monument Mining: Selinsing Plant Expansion in Progress and Advancing Exploration in Australia
3,285 viewsMar 21, 2022
Swiss Resource Capital AG
Thanks to you the news of the company is getting out to more potential investors. Nice up day for the US stack price today.
Monument Mining VIDEOS
https://monumentmining.com/videos/
INVESTOR PRESENTATION
https://monumentmining.com/investors/presentation/
PHOTO GALLERY
https://monumentmining.com/news-media/photo-gallery/
Monument Mining Share Price
Dear Friends
Our share price is heading North, increasing on a weekly basis, because
this is great investment.
For many years our share price has been equal to cash on hand providing
us $0 valuation for our core assets.
Our Selinsing Mill Project is being completed on schedule in a highly
efficient process and start of production is 2 months away.
Our Australia assets are desired by Westgold and they have recently
noted 100 million for strategic purchases.
Our Austalian mill has received a new crusher and is being modified to
increase capacity from 260,000 to 500,000 TPA.
Our Odyssey Gold property has proven to be a great exploration property
with tremendous potential.
I continue to purchase shares everyday, up until $.15 a share.That would
be a 24% increase from todays $.12 a share price and a 66% increase
from my starting point of $.10 a share.
This risk reward potential of this investment is tremndous considering
we have $.10 in cash, our corporate balance sheet assets has a
valuation $.30 a share.
Add increased forthcoming profits , increased forthcoming cash flow and
the potential of a hostile offer and for this reason I continue to
accumulate.
My target remains $.30 a share by the time our AGM meeting is held.
by Gazoo
http://www.monumentmining.com
Global Fiat Failure And The Coming Panic Into Gold & Silver
April 14, 2022
https://kingworldnews.com/global-fiat-failure-and-the-coming-panic-into-gold-silver/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168506668
$In GOD We Trust - Real Money - AU Safety 6000yrs )
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http://www.kitconet.com/images/live/au0001wb.gif
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless
If this were more widely known the share price could explode?
Monument Mining Share Price
Dear Friends
Our share price is heading North, increasing on a weekly basis, because this is great investment.
For many years our share price has been equal to cash on hand providing us $0 valuation for our core assets.
Our Selinsing Mill Project is being completed on schedule in a highly efficient process and start of production is 2 months away.
Our Australia assets are desired by Westgold and they have recently noted 100 million for strategic purchases.
Our Austalian mill has received a new crusher and is being modified to increase capacity from 260,000 to 500,000 TPA.
Our Odyssey Gold property has proven to be a great exploration property with tremendous potential.
I continue to purchase shares everyday, up until $.15 a share.That would be a 24% increase from todays $.12 a share price and a 66% increase from my starting point of $.10 a share.
This risk reward potential of this investment is tremndous considering we have $.10 in cash, our corporate balance sheet assets has a valuation $.30 a share.
Add increased forthcoming profits , increased forthcoming cash flow and the potential of a hostile offer and for this reason I continue to accumulate.
My target remains $.30 a share by the time our AGM meeting is held.
by Gazoo
http://www.monumentmining.com
$In GOD We Trust - Real Money - AU Safety 6000yrs )
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http://www.kitconet.com/images/live/au0001wb.gif
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless
Looks like a major set up.
big one thanks;
Gazoo2021 (153)
User Actions
April 11, 2022 - 09:42 AM
129 Reads
Post# 34593258
What We Have
3% Royalty on Megapur.
20% of Odyssey Gold, Murchison gold find.
Permits and agreements to mine in Malaysia.
Oxide and Sulfide Mill and Mine Site in Malaysia.
Permits and agreements to mine in Austarlia
Oxide mill and mine site with camp in Australia.
Million ounces of gold.
25 million in cash with no debt. )
All for a big fat zero.
Westgold wants this, an offer is coming and we want to sell to Westgold.
Monument Mining: Selinsing Plant Expansion in Progress and Advancing Exploration in Australia
76 viewsMar 21, 2022
Monument Mining RE:True Value of MMTMF & MMY
You can short the shares or buy the shares.
Is the future cash flow and profitability going up, you buy.
if it's going down, you short..
If the assets are valued at $0, you buy.
If the share price far exceeds the value of the assets, you short.
At $.105 a share, with all our assets and a new major shareholder,
I'm averaging down.
I have started adding to my MMY position with my eyes wide open.
These assets in this present inflationary environment would cost several
hundred of million dollars to replace.
I look forward to an offer, as we have key assets that are worth lots, the
real question is how much?
by Gazoo
RE:RE:True Value of MMY
You are right on and now is the time to buy . I don`t think anybody
who is informed would be foolish enough to short .
by Wayne
$In GOD We Trust - Real Money - AU Safety 6000yrs )
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http://www.kitconet.com/images/live/au0001wb.gif
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless
True Value of MMTMF & MMY
Dear Friends
Rule of thumb, everything doubles in cost every ten years.
Vehicles, Homes, Commodities, Labour Costs double every ten years.
Most share prices have doubled every ten years.
What is the true value of MMY.
The mill and camp have doubled in value in the last 10 years.
The gold reserves within the mining leases have doubled in value.
The mill at Selinsing has doubled in value.
The gold reserves within the mining leases have doubled in value.
The costs to replace these assets today would be several hundred million dollars.
Our shares were worth $.50 more then 10 years ago, doubling of our share price would be $1.00 a share.
Dato being a long term knowlegeable investor bought 55 million shares for a good reason.
Soon, we will see either a deal with West Gold that Dato and us would support, or our senior executive will get the boot.
For these reasons we continue to hold, as the present valuation is crazy low.
by Gazoo
$In GOD We Trust - Real Money - AU Safety 6000yrs )
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
http://www.kitconet.com/images/live/au0001wb.gif
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless
I really appreciate your information NYBob.
$bigone 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
https://monumentmining.com/news-media/news/2012/monument-intercepts-3.84-g-t-gold-over-51-metres-in-selinsing-drilling/
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 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.
$In GOD We Trust - Real Money - AU Safety 6000yrs )
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http://www.kitconet.com/images/live/au0001wb.gif
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
https://www.worldometers.info/coronavirus/country/us/
https://www.whatdoesitmean.com/index.htm
God Bless
Monument Mining: Selinsing Plant Expansion in Progress and Advancing Exploration in Australia
76 viewsMar 21, 2022
Nice up day today for MMTMF. Any reason that you know of for doing this?
I don't know what to expect.
$bigone GOLD’S MEGA BULLISH BIG PICTURE: A Shocking Game-Changer Took Place In The Gold Market This Week
April 01, 2022
https://kingworldnews.com/golds-mega-bullish-big-picture-a-shocking-game-changer-took-place-in-the-gold-market-this-week/
$Monument Mining Ltd (MMTMF)(MMY) gem should be multiples above
current levels.
Today Gold testing, maybe even filling 1920 area.
Miners are making moola up here and 2000 should be easily broken in
coming months.
March is normally the worst month of the year followed by the best
months leading into September.
SITUATION UPDATE, 4/01/22 - DEATH OF THE DOLLAR BEGINS TODAY...
WATCH
https://www.bitchute.com/video/tlUI2awto3p0/
$GOLD: What More Do You Want? Plus People Worried And Turmoil In The Land Of The Rising Sun
https://kingworldnews.com/gold-what-more-do-you-want-plus-people-worried-and-turmoil-in-the-land-of-the-rising-sun/
Mining Stocks Set To Skyrocket When Stock Market Collapses As Mining
Leader Sees Bullish 26 Year Breakout
https://kingworldnews.com/mining-stocks-set-to-skyrocket-when-stock-market-collapses-as-mining-leader-sees-bullish-26-year-breakout/
WATCH: PRESIDENT DONALD TRUMP RALLY LIVE IN WASHINGTON TWP., MI – 4/2/22
by RSBN March 15, 2022
https://www.rsbnetwork.com/video/watch-president-donald-trump-rally-live-in-washington-twp-mi-4-2-22/
Putin critic Mikhail Khodorkovsky: Putin realizes 'there can be no military solution' | DW Interview
232,076 viewsMar 31, 2022
https://www.youtube.com/watch?v=OfYVX5ZWxBA
NYBob, what seems to be the problem with the share price lately? Gold is at a nice level, but you could not tell from our share price.
Monument Mining: Selinsing Plant Expansion in Progress and Advancing Exploration in Australia
76 viewsMar 21, 2022
https://www.youtube.com/watch?v=w4Z2vQ0G64g&t=6s
RE: Monument Mining Ltd. (MMTMF)(MMY) New Presentation online
https://monumentmining.com/investors/presentation/
Quick perusal shows that additional disclosures are being made which is good.
Over 1400 RC core samples awaiting assay receipt from Burnakura .
And new soil anomaly measuring a whopping 1,8 km by 0.3 km contiguous with
the currently defined Peranghi.
Decision time for the Biox plant is December 2022.
That will require additional sulphide resources.......and they now mention
drilling below the Selingsing pits which is new information.
Otherwise, everything seems to be proceeding on pace
by nozzpack sth
Freddy1989Germa (63)
User Actions
20 minutes ago
16 Reads
Post# 34532169
very good Presentation
Friendly hello to the round.
As you can see from the presentation it seems to be going in the right
direction.
What is missing is a mine plan with the ALL IN cost per ounce etc. or
did I miss something?
I think as soon as the new system is up and running there should be a
new image video.
Contact Information
Address
1100 Melville Street, Suite 1580, Vancouver, BC, CA, V6E 4A6
Telephone
+1 604 638-1661
Website
http://www.monumentmining.com
Fax
+1 604 638-1663
Email
info@monumentmining.com
Details
CEO
Cathy Zhai
Employees
N/A
Issue Type
Common Stock
ISOCFI
ESVUFR
Auditor
GRANT THORNTON LLP
Last Audit
Unqualified Opinion
Monument Mining Ltd. (MMTMF)(MMY) New Presentation online
https://monumentmining.com/investors/presentation/
$MRDALE Very Nice NR about Floatation Plant
ORIGINAL: Monument Announces Ground-breaking Ceremony Held at Selinsing For Flotation Construction in Malaysia
2022-03-09 09:30 ET - News Release
VANCOUVER, British Columbia, March 09, 2022 (GLOBE NEWSWIRE) --
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) ("Monument" or the "Company") is pleased to report the progress of the flotation plant at the Selinsing Gold Mine in Malaysia, and to announce that a ground-breaking ceremony (Figure 1) has been held at the mine site to herald the return of the principal contractor Seong Henng Engineering Works Sdn Bhd ("Seong Henng") to carry out the construction of the flotation plant.
President and CEO Cathy Zhai commented, "We are very happy to report the progress of the flotation plant construction at Selinsing; our on-site team is managing the project and is overseeing the principal contractor Seong Henng. Together we are working to complete the construction of the flotation plant to a high standard, safely, diligently, on time and on budget ready for dry commissioning at the end of June 2022."
Figure 1: Ground-breaking Ceremony Ribbon Cutting at Selinsing Gold Mine is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2093b803-17fa-495e-9167-279f895ed6c6
Charlie Northfield, General Manager and the project sponsor at the Selinsing Gold Mine commented: "It is a great pleasure to see the return of Seong Henng, our long-standing principal contractor partner, to play a major role in the construction of the flotation plant. Seong Henng is a local Malaysia-based manufacturing Company, and had historically constructed the Selinsing Gold plant and its expansion successfully."
The flotation plant construction includes project management, project validation, flotation design and engineering, procurement, construction and commissioning. The flotation plant construction project is 50% complete to date.
Detailed Engineering Design
Mincore Pty Ltd. ("Mincore") previously completed the detailed engineering design and has now finalized the 3D model of the new flotation processing plant with provision for the future addition of the BIOX(TM) plant and ancillary works (Figure 2).
Figure 2: Finalized 3D Model of Sulphide Flotation Circuit Addition to Selinsing Gold Plant is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/af324d08-9757-45c0-8959-aec4cc231596
Procurement
The contract for the supply of flotation cells was awarded to BGRIMM Machinery and Technology Co Ltd of Beijing, China. Manufacture of the flotation cells has been completed and the factory acceptance tests were successfully carried out on January 25th-26th, 2022. Packing is in progress and the shipment is due to depart Tianjin on March 15th, 2022.
Metso Outotec Corporation of Finland is supplying the flotation concentrate and water recovery thickeners. Fabrication work and parts procurement has commenced. Trial assembly is scheduled for April 12th, 2022 and the thickeners are scheduled to be delivered to site in May / June 2022. The thickeners are of segmented / bolted design to allow for rapid assembly once received on site, as time will be short to complete the installation on time.
The flotation concentrate filter press is being supplied by McLanahan Corporation of Pennsylvania, USA ("McLanahan"). All equipment parts are on order and fabrication is underway with expected completion in March 2022. The filter press assembly is due for completion on April 7th, shipping on April 12th and delivery to site in May/June 2022.
Other equipment that is contracted out includes but not limited to: Slurry pumps with 50% complete and shipment is scheduled for May 9th, 2022, the Afromix agitators have been completed and are expected to arrive in Port Klang, Malaysia on March 28th, 2022. The flotation air blowers and compressor were ordered and are in progress with 30% completion, with delivery scheduled for May 27th, 2022. The contract to design, manufacture, deliver and commission the containerized MCC switch room was awarded with delivery is expected on May 13th, 2022. Purchase orders were also issued for the concentrate sampler and the helical rotor reagent pumps; manufacturing was in progress for both orders. Manufacturing of 11kV / 415V transformer was reported as 100% complete.
Major Construction Contractor Engagement
The dedicated project team is complete and comprises the project manager, assistant project manager, lead engineer, senior engineer, electrical engineer, procurement engineer and clerk of works. The project team oversee the construction work.
Seong Henng has been appointed as the principal contractor. They previously carried out construction work to build and expand Selinsing gold processing plant over the past 10 years. They refurbished and commissioned the CITIC ball mill as part of the first phase gravity-only process plant in 2009; built and commissioned the second phase carbon in leach circuit subsequently in 2010; and constructed/commissioned a new CITIC ball mill and three new leach tanks in 2012 for the third phase plant expansion. Seong Henng received the Letter of Award with a commencement date of January 12th, 2022, a contract period of six months and a completion date of July 7th, 2022.
R&D Work
The completed pilot plant comprises ball mill and classifier, rougher / scavenger flotation cells and three stages of cleaner flotation. (Figure 3). A one tonne sample of transition ore was crushed in the laboratory fine jaw crusher to 100% passing 2mm to provide feed for the pilot plant ball mill. The sample was processed using the same reagent regime planned for the full-scale plant. A total of 50kg of flotation concentrate was produced and a sample of this was sent to McLanahan for filter press testwork. Antimony leaching tests were conducted to support gold concentrates marketing efforts.
Figure 3: Flotation Pilot Plant is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9e4e3edb-1d0a-4230-8190-25405da06139
Civil Foundation Work
Seong Henng mobilized to site on January 22nd, 2022 and commenced delivery of reinforcing steel (rebar), bar bending equipment, formwork, HDPE piping and fusion machine. Temporary benchmarks were set out for survey tie-in.
Civil foundation work is progressing with the construction of the retaining wall extension. Final excavations were completed, rebar and formwork were installed, and the first concrete pour was carried out on February 17th, 2022 (Figure 4). The retaining wall extension is 50% complete to date. Work in this area will continue in parallel with the new reagents mixing building foundations, followed by civil works for the concentrate and water recovery thickeners, reagents warehouse and the filter press building. Fabrication of structural steel and tanks is ongoing at Seong Henng's workshop.
Figure 4: First Concrete Pour at Flotation Foundation is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/db3adc6e-9ec9-46e8-9e99-3b201080fad4
Other contractors working on the construction site have: rerouted the HV power cables to the primary and secondary ball mills, connected power and communications cables to the project office, carried out plate bearing tests over the plant footprint, and tested soil resistivity for the new transformer.
Transition to Flotation
Dry commissioning of the new flotation plant and associated equipment is scheduled to start from June 1st, 2022 onwards. The CIL plant will continue operation until June 30th, 2022. Tie-in and wet commissioning of the flotation plant will commence on July 1st, 2022 and continue to July 14th, 2022. Ore commissioning is expected to start on July 15th, 2022. The gold remaining in circuit will be recovered by emptying the leach and CIL tanks of slurry and bagging the harvested carbon for subsequent elution. The elution circuit will continue to operate for around a month after the CIL plant shutdown.
About Monument
Monument Mining Limited (TSX-V: MMY, FSE:D7Q1) is an established 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 20% interest in Tuckanarra Gold Project jointly owned with Odyssey Gold Ltd in the same region. The Company employs approximately 200 people in both regions and is committed to the highest standards of environmental management, social responsibility, and health and safety for its employees and neighboring communities.
There is no doubt that we have a first class crew at Selinsing
and these new pics shows just how quickly the Floatation plant is
proceeding towards full completion and commissioning right on schedule .
Its production initiation will be the rebirth of Selinsing as a significant gold producer,,
New Pictures
https://monumentmining.com/news-media/photo-gallery/
What’s Next After Gold’s Massive Breakout?
February 18, 2022
https://kingworldnews.com/whats-next-after-golds-massive-breakout/
$bigone Thanks Great; I’m like others this can triple easy.
I have a strong feeling gold going up with rates, why, most smart money
is getting in, Basil 3 is working, open shorts are closing as we climb,
it’s time. )
$Michael Oliver – Expect $8,000 Gold And $240 Silver With Silver To Radically Outperform Gold
February 14, 2022
https://kingworldnews.com/michael-oliver-expect-8000-gold-and-240-silver-with-silver-to-radically-outperform-gold/
SPROTT: This Is Why Gold Will Break Out To Higher Levels
February 08, 2022
https://kingworldnews.com/sprott-this-is-why-gold-will-break-out-to-higher-levels/
80% OF All US Dollars In Existence Have Been Printed In Just The Past Two Years
January 20, 2022
https://thewashingtonstandard.com/80-of-all-us-dollars-in-existence-have-been-printed-in-just-the-past-two-years/
$THE END OF THE DOLLAR IS JUST ONE ANNOUNCEMENT AWAY
WATCH
https://www.bitchute.com/video/QFBR0FGbAzi2/
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
http://www.kitconet.com/images/live/au0001wb.gif
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
God Bless
$MRDALE There is no doubt that we have a first class crew at Selinsing
and these new pics shows just how quickly the Floatation plant is
proceeding towards full completion and commissioning right on schedule .
Its production initiation will be the rebirth of Selinsing as a significant gold producer,,
New Pictures
https://monumentmining.com/news-media/photo-gallery/
What’s Next After Gold’s Massive Breakout?
February 18, 2022
https://kingworldnews.com/whats-next-after-golds-massive-breakout/
$bigone Thanks Great; I’m like others this can triple easy.
I have a strong feeling gold going up with rates, why, most smart money
is getting in, Basil 3 is working, open shorts are closing as we climb,
it’s time. )
$Michael Oliver – Expect $8,000 Gold And $240 Silver With Silver To Radically Outperform Gold
February 14, 2022
https://kingworldnews.com/michael-oliver-expect-8000-gold-and-240-silver-with-silver-to-radically-outperform-gold/
SPROTT: This Is Why Gold Will Break Out To Higher Levels
February 08, 2022
https://kingworldnews.com/sprott-this-is-why-gold-will-break-out-to-higher-levels/
80% OF All US Dollars In Existence Have Been Printed In Just The Past Two Years
January 20, 2022
https://thewashingtonstandard.com/80-of-all-us-dollars-in-existence-have-been-printed-in-just-the-past-two-years/
$THE END OF THE DOLLAR IS JUST ONE ANNOUNCEMENT AWAY
WATCH
https://www.bitchute.com/video/QFBR0FGbAzi2/
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
http://www.kitconet.com/images/live/au0001wb.gif
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
God Bless
Hmmm? Are we making a come back here??? Almost back to my purchase price - THERE IS HOPE!!! GO $MMTMF
$MRDALE What’s Next After Gold’s Massive Breakout?
February 18, 2022
https://kingworldnews.com/whats-next-after-golds-massive-breakout/
$bigone Thanks Great; I’m like others this can triple easy.
I have a strong feeling gold going up with rates, why, most smart money
is getting in, Basil 3 is working, open shorts are closing as we climb,
it’s time. )
$Michael Oliver – Expect $8,000 Gold And $240 Silver With Silver To Radically Outperform Gold
February 14, 2022
https://kingworldnews.com/michael-oliver-expect-8000-gold-and-240-silver-with-silver-to-radically-outperform-gold/
SPROTT: This Is Why Gold Will Break Out To Higher Levels
February 08, 2022
https://kingworldnews.com/sprott-this-is-why-gold-will-break-out-to-higher-levels/
80% OF All US Dollars In Existence Have Been Printed In Just The Past Two Years
January 20, 2022
https://thewashingtonstandard.com/80-of-all-us-dollars-in-existence-have-been-printed-in-just-the-past-two-years/
$THE END OF THE DOLLAR IS JUST ONE ANNOUNCEMENT AWAY
WATCH
https://www.bitchute.com/video/QFBR0FGbAzi2/
$In GOD We Trust - Real Money - AU Safety 6000yrs )
Grrr8!! Good to know! GO $MMTMF
MRDALE; Cash Position at completion of Floatation
Nozzpack; I have removed all planned and taken costs of the floatation plant ( $20 m US ) and Murchison drilling ( $8.5 million US ) from balance sheet cash and cash equivalents which leaves $15 million US or about $18.5 million in CAD.
With the gold streaming costs now paid off... savings of about $1.8 million cad per quarter and a large gold inventory ........I see us having cash and cash equivalents of about $15 million cad remaining as we begin commissioning the Floatation plant in August 2022.
So, we are in good fiscal shape in case the Event happens
https://stockhouse.com/companies/bullboard?symbol=mmtmf&postid=34404096
Preciate the heads-up on this one - one of the few lttle green blossoms on my gain/lost list! Go $MMTMF
Seems like a lot of things are falling in line for the up trend?
$bigone thanks; 2022 Will Be The Year The Gold Bull Stampedes
January 17, 2022
https://kingworldnews.com/2022-will-be-the-year-the-gold-bull-stampedes/
$mick re;
$5,000-$20,000+ Gold Will Be Fueled By A Horror Story Involving The US
January 16, 2022
https://kingworldnews.com/5000-20000-gold-will-be-fueled-by-a-horror-story-involving-the-us/
I SEE In the midst of the Russian-Ukrainian crisis and the rise of social
unrest in Kazakhstan commanding global attention, matters are again
becoming serious in the Persian Gulf."
WAY OVERDUE RE; $mick thanks; GOLD TARGET $3,100-$7,600: Last Time Gold Had This Setup It Surged 330%!
December 16, 2021
https://kingworldnews.com/gold-target-3100-7600-last-time-gold-had-this-setup-it-surged-330/
$Gold Surges Above $1,800 But This Will Trigger $30 Silver And $2,100 Gold
December 17, 2021
https://kingworldnews.com/gold-surges-above-1800-but-this-will-trigger-30-silver-and-2100-gold/
$Is 2022 The Year For Gold & Silver? If The Central Banks & Private Citizens Keep Buying, It Will Be!
699 views Dec 8, 2021
NYBob what has happened to make the share price drop so much?
$MRDALE Note; Gold Surges Above $1,800 But This Will Trigger $30 Silver And $2,100 Gold
December 17, 2021
https://kingworldnews.com/gold-surges-above-1800-but-this-will-trigger-30-silver-and-2100-gold/
Is 2022 The Year For Gold & Silver? If The Central Banks & Private Citizens Keep Buying, It Will Be!
699 views Dec 8, 2021
Hey there! Is there something wrong with the PPS reporting? Seems to be stuck on Plus $1,000.00 every day but the balance neither goes up nor down. Always shows a minus $24.00 Could it be Schwab? GO $MMTMF
Gonna be MONUMENTAL!
GO MMTMF
MRDALE Note: Monument Reports First Quarter Fiscal 2022 (“Q1 FY2022”) Results
Gross Revenue of $2.38 Million and Cash Cost of US$1,430/Oz
November 29, 2021
Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the
“Company” today announced its first quarter of fiscal 2022 production
and financial results for the three months ended September 30, 2021.
All amounts are expressed in United States dollars (“US$”) unless
otherwise indicated (refer to www.sedar.com for full financial
results).
President and CEO Cathy Zhai commented, “2022 fiscal year is full of
challenge and would be rewarding for Monument when the Company stays
focused on execution of the corporate strategies.
During the quarter, the Selinsing flotation plant construction was
kicked off with engineering design near completion, long lead items
procured, and the earthworks at site reached 90% completion.
The Phase 1 drilling at Murchison was completed by overcoming the
shortage of drill rigs.
Peranggih continued to provide additional mill feed that helped to
sustain the cash flow.
The Delays in gold production is anticipated to be caught up after the
monsoon season in the third quarter.”
First Quarter Highlights:
Phase one drilling program completed in Q1 at Murchison Project with 91%
assay results received to date;
Phase 1&2 RC drilling program completed at Peranggih Gold Prospect in
Q1 with positive intercept results;
Selinsing Flotation Plant Project progressing on time in Q1 with 31%
completion to date;
Long lead item contracts awarded to reputable suppliers for Selinsing
Flotation Plant Project;
Selinsing Gold Mine production recovered gradually after the mining ban
lifted due to Covid 19 Pandemic;
1,423 ounces (“oz”) of gold sold for $2.38 million (Q1, FY 2021:
3,100oz for $5.92 million);
Average quarterly gold price realized at $1,829/oz (Q1, FY2021:
$1,909/oz);
Cash cost per ounce sold was $1,430/oz (Q1, FY2021: $923/oz);
Gross margin decreased by 88% to $0.35 million (Q1, FY2021:
$3.06 million);
1,043oz of gold produced (Q1, FY2021: 3,504oz);
All-in sustaining cost (“AISC”) increased to $2,052/oz (Q1, FY2021:
$1,055/oz).
First Quarter Production and Financial Highlights
https://www.monumentmining.com/news-media/news/2021/monument-reports-first-quarter-fiscal-2022-q1-fy2022-results/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166907265
$Ep.56 LFTV: Basel III - The Elephant in the Room - Unprecedented Impact
for Gold and Silver
5,311 views Dec 10, 2021
Thank you!!! Hope you had a great Turkey Day! Please tell me Christmas will bring better days $MMTMF ! Have a good day!
HAPPY THANKSGIVING TO ALL -
$MRDALE WELCOME TO MONUMENT MINING - SUCCESS FACTORS -
https://www.monumentmining.com/
https://www.monumentmining.com/investors/
https://www.monumentmining.com/investors/presentation/
https://www.monumentmining.com/projects/
https://www.monumentmining.com/projects/selinsing-gold-portfolio/
https://www.monumentmining.com/projects/murchison-gold-portfolio/
https://www.monumentmining.com/projects/resources-reserves/
https://www.monumentmining.com/news-media/photo-gallery/
$MRDALE Welcome to Monument Mining Limited (TSX-V: MMY), (USOTC:MMTMF) and FSE: D7Q1) )
https://investorshub.advfn.com/Monument-Mining-TSXV-MMY-13403/
https://investorshub.advfn.com/Monument-Mining-Ltd-MMTMF-20464/
$Monument Mining (TSXV:MMY) Photo Gallery - well they growing with new
great discovery of plenty more gold ore to increase
the ore reserve with good drilling results to be mined many future
years the weather is good no curtain needed - )
$1,000th Gold Bar Pour Produced by MMY; Photo Gallery ) It's a great Mother ore start;
https://www.monumentmining.com/news-media/photo-gallery/
$Market Cap $46 mil. - No Debt - someone has to be kidding )
is it the fact ???
What a Great Gold Mines bargain )
MMY It's very undervalued, oversold like > hidden giant Au gold mines
soon to be discovered )
Imo!
$Selinsing Gold Mine
The Selinsing gold mine is an operating high-grade gold mine at Bukit
Selinsing in Pahang State, Malaysia.
https://www.mining-technology.com/projects/selinsing-gold-mine/
Monument Reports First Quarter Fiscal 2021 (“Q1 2021”) Results
November 16, 2020
VIEW PDF
https://www.monumentmining.com/news-media/news/
https://www.monumentmining.com
News Releases
Monument Reports First Quarter Fiscal 2021 (“Q1 2021”) Results
November 16, 2020
View PDF
Gross Revenue of $5.92 Million and Cash Cost of US$923/Oz
Vancouver, B.C., November 16, 2020,
Monument Mining Limited (TSX-V: MMY and FSE: D7Q1)
“Monument” or the “Company” today announced its first quarter
production and financial results for the three months ended
September 30, 2020.
All amounts are expressed in United States dollars (“US$”) unless
otherwise indicated (refer to www.sedar.com for full financial
results).
President and CEO Cathy Zhai commented:
“Fiscal 2021 started with new challenging as a global COVID-19
pandemic carried forward from fiscal 2020.
The Company has fully resumed its production in the first quarter
from eight-week’s mining ban at Selinsing in the first quarter,
the Selinsing Sulphide gold plant upgrade
is however still pending for financing.
“On the other hand, gold price surged to record high and
the gold mining sector was very active in Western Australia,
gold mining producers enjoyed high production margins, and
investment is flowing into that region for gold explorations.
The Company continues try hard to access to financing, and
it is very closely monitoring the market and looking for
divesting of base metal portfolio to
focus on primary gold assets, as well as
new corporate development opportunities
to lift up market value for the best
interest of its shareholders.”
First Quarter Highlights:
3,504 ounces (“oz”) of gold produced (Q1 2020:
4,852oz) with 3,100oz of gold sold for gross revenue of
$5.92 million (Q1 2020: 4,323oz of gold sold for
revenue of $6.34 million);
Gross margin of $3.06 million (Q1 2020: $2.65 million);
Average realized price per ounce, excluding prepaid gold sales, of
$1,909/oz (Q1 2020: $1,475/oz);
Cash cost per ounce of $923/oz (Q1 2020: $855/oz);
All-in sustaining costs per ounce (“AISC”) of $1,055/oz (Q1 2020:
$1,158/oz);
Peranggih grade control drilling after positive trial mining results
identified 58,662 tonnes at 0.93g/t Au materials;
Production resumed at Selinsing after lifting eight weeks mining ban in
last quarter during COVID-19 pandemic
Entering into a Tuckanarra JV arrangement with Odyssey subsequent to
the quarter opens corporate development opportunities in WA region.
First Quarter Production and Financial Highlights
https://www.monumentmining.com/news-media/news/2020/monument-reports-first-quarter-fiscal-2021-q1-2021-results/
Monument Mining (TSXV:MMY) Note...
RE:Substantial Increase in Gold ...Stage 1 open pit Peranghi
nozzpack @ sth. wrote:
Based on the 2017 GC drilling program which identified a high grade zone
measuring 150 m by 80 m in P North ( see Fig 1 in link below )
management estimated this this GC zone contained 20,000 to 30,000
ounces....see link to 2017 NR below.
The recently completed 5002 m GC drilling of this Zone elicited this
statement from management..
The GC delineated indicates;
54.2% higher contained ounces,
63% higher gold grade, and
5.2% less tonnage gold materials to be extracted than
the initial assay results from 2017 GC drilling program
at the same area.
So in just this small zone, we now have
at least 31,000 to 47,000 ounces of
even higher grade gold within a lesser volume of ore.
I had earlier missed this implication .
They are now telling us that we have a significant new gold deposit
at Peranghi whose size will eventually describe
a substantially new oxide resource once P North and
the other 3 high grade zones are fully explored.
My earlier analyses of these 4 zones showed in
excess of 120,000 ounces.
This discovery completely alters the future perspective
for mining at Selinsing.....no rush
to fund Biox as we have new and
substantial sources of high grade oxides
for years to come
xxxxxxxxxxxxxxx
The Peranggih phase 1 GC drill program was completed
during Q1 2021 with additional 1,466 meters drilled
bringing total drilling to 5,002 meters.
The drill program identified a
total of 58,662 tonnes at 0.93g/t Au,
which increased the mining inventory.
The GC delineated indicates;
54.2% higher contained ounces,
63% higher gold grade, and
5.2% less tonnage gold materials to be
extracted than the initial assay results
from 2017 GC drilling program at the same area.
A further GC drill program was planned;
The Peranggih phase 1 GC drill program was completed
during Q1 2021 with additional 1,466 meters drilled
bringing total drilling to 5,002 meters.
The drill program identified a;
total of 58,662 tonnes at 0.93g/t Au,
which increased the mining inventory.
The GC delineated indicates;
54.2% higher contained ounces,
63% higher gold grade, and
5.2% less tonnage gold materials to be extracted
than the initial assay results from
2017 GC drilling program at the same area.
A further GC drill program was planned,
see fig 1 at this link
https://www.monumentmining.com/news-media/news/2020/monument-announces-trial-mining-results-at-peranggih-gold-prospect-in-malaysia/
https://www.monumentmining.com/news-media/news/2017/monument-announces-encouraging-results-from-recent-drilling-at-new-gold-field-peranggih-project/
The recent 2017 close spaced RAB drilling program
was carried out at an historic mining site to
test 150m strike length x 80m width of the mineralization.
This allowed the accurate identification of
several high grade gold (HG) zones surrounded
by a main low grade (LG) halo.
The significant drill intersections;
(Au >2.0 g/t & >5m length) within a more
consistent high grade gold area are presented in
Table 1.
The full set of drill results for the holes intercepting
this HG gold mineralization occurrence are listed in
Appendix A and Appendix B.
Previous activities plus more recent exploration works,
totaling 1,700m for 21 trenches, 2,900m of Diamond Drilling (DD) and
Reverse Circulation (RC) drilling for
35 drill holes, and 2,800m of close spaced RAB drilling
for approximately 300 drill holes (completed in 2017)
have been used to outline an exploration
target of 20,000 to 30,000 oz Au contained
within 1 to 2 Mt @ 0.3 to 2.0 g/t Au.
The potential tonnages and grades are con
Gold & Silver bulls starting to break out > ^ > ^ > ^
In GOD We Trust - Real Money -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
The debt will bring back The Gold Standard -
https://www.usdebtclock.org/
God Bless America
Ps.
opinion appreciated
TIA
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