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$Monument Progresses Flotation Plant Construction at the Selinsing Gold Mine in Malaysia
V.MMY | 4 hours ago
VANCOUVER, British Columbia, Oct. 14, 2021 (GLOBE NEWSWIRE) --
https://www.monumentmining.com/news-media/news/
https://www.monumentmining.com/news-media/news/2021/monument-progresses-flotation-plant-construction-at-the-selinsing-gold-mine-in-malaysia/
https://www.monumentmining.com/news-media/news/2021/monument-reports-fourth-quarter-and-fiscal-2021-results/
Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) ("Monument" or the "Company") is pleased to announce the progress on flotation plant construction at the Selinsing Gold Mine in Malaysia to produce saleable sulphide gold concentrates. The flotation plant construction includes: project management, project validation, flotation design and engineering, procurement, construction and commissioning.
Charlie Northfield, General Manager and the Project Sponsor at the Selinsing Gold Mine, commented: “I am thrilled to report that we are on schedule for construction completion in June 2022. To mitigate the risk of delays that might be caused by the Covid 19 pandemic from time to time, we are making our best efforts to advance deliverables ahead of the schedule. Our ability to move quickly is a testament to the capacity and experience of the on-site team. We will provide further updates on the flotation plant construction process in the weeks to come.”
Project Management
The project management team is led by the oversight board chaired by Cathy Zhai, President and CEO, comprising Project Sponsor, Project Manager, Project Controller and the Plant Manager as the end user. The procurement and engineering team on site are Selinsing employees. The majority of key project personnel participated in the existing Selinsing gold plant construction work back in 2008 to 2010. Six new employees will be recruited at different times in the construction and four personnel seconded from the existing Selinsing workforce.
Detailed Engineering Design
Following completion of independent flotation testwork and amendment of conceptual design of the flotation plant by Orway Mineral Consultants (“OMC”) (refer to July 6th 2021 news release), the contract for detailed engineering design was awarded to Mincore Pty Ltd. (“Mincore”), an Australia based engineering company.
The scope of work undertaken by Mincore included: the development of the 3D model of the flotation processing plant, preparation of equipment specifications and data sheets, and development of the control system for the new process equipment. Plant design aims to maximize gravity flow and to provide plant access for maintenance while allowing the current gravity / CIL plant operation to continue without interruption. The plant layout design allows for the future addition of the proposed BIOX® circuit and ancillary works.
Up to September 30th 2021 Mincore has achieved 80% completion of the design work. HAZOP design reviews have been carried out for the new process facilities to identify and mitigate any operational safety issues. Civil and structural drawings are scheduled for completion on October 31st 2021; mechanical and piping drawings will be issued for construction by November 30th 2021.
Lim Teck Chong, Flotation Plant Project Manager, commented: “The successful flotation testwork gave us the green light to proceed with all aspects of the development of the project. The detailed engineering design is approaching completion and the pilot plant is expected to be completed this month. Procurement, earthworks, and recruitment have all progressed as we ramp up and prepare for civil foundation work to begin.”
Figure 1 is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b66d6a8e-baeb-42e5-ac8a-2ad921b4c613
Procurement
Procurement of long lead equipment items has been completed and contracts have been awarded for the supply of flotation cells, concentrate and water recovery thickeners, and the concentrate filter press. Technical and financial appraisals have been completed and contracts are being prepared for the air blowers, compressor, slurry pumps and 11kV/415V transformer. Procurement is continuing for the motor control centre, agitators, reagent pumps and plate work for conditioning and reagent tanks.
The flotation pilot plant has been delivered to site and is currently being set up at the research and development laboratory. The pilot plant features a ball mill and classifier, rougher/scavenger flotation cells and three stages of cleaner flotation to replicate the flowsheet of the full scale flotation plant. The pilot plant will be used for operator training, reagent trials, and for the preparation of concentrate samples for potential customers. The pilot plant is expected to be fully operational before the end of October 2021.
Risk control over the long lead items is focused on periodical inspection and shipping scheduling, which faces global challenges during the pandemic period.
Construction
Flotation construction includes: earthworks, civil engineering, structural engineering, mechanical and electrical installation and other associated plant upgrades.
Contractor Engagement: Suitably experienced Malaysian contractors have been shortlisted for the construction work according to discipline comprising: civil and structural, mechanical and piping, and electrical and instrumentation. Most of these contractors have worked on previous construction phases of the Selinsing operation. The contract has been awarded to reroute the power cables to the primary and secondary ball mills outside of the new flotation plant footprint to avoid any interference during construction work.
Civil Foundation Work: 75% of the earthworks have been completed for the plant foundations, and final excavations will be conducted once civil drawings have been issued for construction. Civil foundation work is expected to commence in early November, starting with the construction of the retaining wall extension, and followed by civil works in the flotation area, concentrate and water recovery thickeners and the filter press building. At the same time the foundations will be constructed for the new warehouse, reagents mixing and air services buildings.
Transition to Flotation
The production of flotation concentrate is expected to commence in July 2022 as soon as all of the flotation cells, concentrate thickener and filter press have been commissioned. In the current production schedule the CIL plant will continue operation until commissioning of the flotation plant commences. We will keep the production going as long as possible to generate cash flow primarily from Selinsing, Buffalo Reef pits and the Peranggih Prospect, provided that readers shall understand that there might be an interruption to production due to the Covid pandemic, and there might be volatility of production in transition to the new life of mine from the existing remaining life of mine.
During the period from late August to the beginning of October, while the CIL plant has continued operation throughout the time, the elution heat exchanger however has been offline after 10 years’ of service, and the spare was unexpectedly found to have failed. Gold pours were put on hold until October when the unit was re-built and back in service. A suitable replacement heat exchanger has been located in Kuala Lumpur and an order has been placed to secure this unit and delivery is awaited. The Company keeps its repair and maintenance program going to ensure sustained production as planned.
About Monument
Monument Mining Limited (TSX-V: MMY, FSE:D7Q1) is an established Canadian gold producer that owns and operates the Selinsing Gold Mine in Malaysia. Its experienced management team is committed to growth and is also advancing the Murchison Gold Projects comprising Burnakura, Gabanintha and Tuckanarra (20% interest) in the Murchison area of Western Australia. 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.
Cathy Zhai, President and CEO
Monument Mining Limited
Suite 1580 -1100 Melville Street
Vancouver, BC V6E 4A6
FOR FURTHER INFORMATION visit the company web site at www.monumentmining.com or contact:
Richard Cushing, MMY Vancouver T: +1-604-638-1661 x102 rcushing@monumentmining.com
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
Forward-Looking Statement
https://www.monumentmining.com/news-media/news/2021/monument-reports-fourth-quarter-and-fiscal-2021-results/
https://www.monumentmining.com/news-media/news/
Darkness Coming Dollar Falls – Bo Polny
By Greg Hunter On October 9, 2021 In Political Analysis 14 Comments
By Greg Hunter‘s USAWatchdog.com (Saturday Night Post)
https://usawatchdog.com/darkness-coming-dollar-falls-bo-polny/
Geo-political and financial analyst Bo Polny has long said “. . .
Nothing can stop these people aside from a Biblical intervention from
God.”
According to Polny’s Biblical cycle and timing charts, that’s exactly
what is likely going to happen by the end of the year.
It all centers around the value of the U.S. dollar.
Polny explains, “Bitcoin, years ago, was under a dollar.
Then it was a dollar.
Then it was ten bucks.
Then it was a hundred, and then it was a $1,000.
All they can do is keep bashing it with news and say how horrible it is.
Ultimately, the most horrible currency in the world is the U.S. dollar.
The U.S. dollar is the root of all evil.
Polny says America’s story is about to run parallel to the Bible story of Lazarus, who was brought back to life by Christ after four days buried in a dark tomb. Polny says, “In the United States right now, we have gone in the wrong direction. We have been controlled by evil, and so the United States must fall. This is going to be like the Baptism moment. You die to be reborn. So, the United States is about to fall, and it’s going to look horrible. It’s going to look like God has abandoned us. How do you think it looked for Lazarus when he was in the tomb? He was dead. Lazarus and the United States are playing similar rolls. These are cycles, and that which has been will be again. . . . I am going to continue with the story, and it all ties in with the dollar and the United States. Jesus said, ‘This illness (for Lazarus) does not lead to death.’ . . . The fall of the United States is for the glory of God so that the Son of man can be glorified through it. . . .When the United States falls, people are ultimately going to wake up. This is about waking up the church.”
When could this take place? Bo says, “I think sometime in November the United States goes dark. . . . The land will rumble. Power will stumble and evil will crumble. This is what’s coming, and these are the events that we are super close to seeing. This will lead into what is called ‘Hypnotic November’ and death to life. . . . The United States will be reborn to shine once again for all the world to see. . . . We have the great awakening coming, and this will cause gold and silver to lift. . . .The dollar is an instrument that is about to go down. Because it no longer has a contract with Saudi Arabia because Russia got one, it’s about to lose its world reserve status. It’s about to go down, and the question is have you positioned yourself for what’s about to happen?”
Polny goes on to say, “You want to talk about bondage? Look what happened with the election. All it was were bribes and payoffs and nothing more than that. They are trying to control the military . . . they control social media. You know they control FOX News and all the major news stations and everything. . . . This whole money system is disgusting. Each one of these categories is a gate to hell. They control everything to the gates to hell through their money system. The gates of hell shall not prevail.”
In closing, Polny says, “The money system we have today is not attached to gold, and it’s no longer attached to oil. It’s free floating, and the only thing that is holding it up is faith and confidence. How confident do you feel right now with what is going on in the United States? . . . A massive event is coming, and unless the dollar falls, nothing changes. Hollywood won’t change. The banking system won’t change. The media won’t change. Nothing will change. . . .Everything that was held up by the dollar is about to go down.”
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with financial analyst and Biblical cycle expert Bo Polny, founder of Gold2020Forecast.com. (10.09.21)
(This write-up is only a small sample. There is more in the 52 min. interview.)
(To Donate to USAWatchdog.com Click Here)
$Monument Mining (TSXV:MMY) PM Note; The sluggish jobs market
could pressure the Fed to forestall any radical departure from current
stimulus policies and add to market concerns over inflation.
Charlie Morris, the London-based publisher of the Atlas Pulse Gold Report,
says that inflation is proving to be “not so transitory…
and this is where silver comes in.”
“Many say silver is gold on crack,” he explains, “but that’s not
the whole story.
Gold responds to lower interest rates like the long bond, whereas
silver lags gold in that scenario.
Silver only responds when inflation expectations are rising, and
that’s when it really outperforms gold.”
He goes on to say that “silver loves inflation even more than gold …
If the spike move in inflation expectations continues, I would
reasonably expect silver to outperform gold from here.
But remember, silver is riskier and more volatile but does
the same job as gold over the long-term.”
bigone thanks; Default Hysteria: No Time To Panic; Time To Plan
12,206 viewsStreamed live on Oct 1, 2021
RonPaulLibertyReport
291K subscribers
) ) ) ) 
) It's a great Mother ore start; ) ) ) 
$bigone Note; Darkness Coming Dollar Falls – Bo Polny
By Greg Hunter On October 9, 2021 In Political Analysis 14 Comments
By Greg Hunter‘s USAWatchdog.com (Saturday Night Post)
https://usawatchdog.com/darkness-coming-dollar-falls-bo-polny/
Geo-political and financial analyst Bo Polny has long said “. . .
Nothing can stop these people aside from a Biblical intervention from
God.”
According to Polny’s Biblical cycle and timing charts, that’s exactly
what is likely going to happen by the end of the year.
It all centers around the value of the U.S. dollar.
Polny explains, “Bitcoin, years ago, was under a dollar.
Then it was a dollar.
Then it was ten bucks.
Then it was a hundred, and then it was a $1,000.
All they can do is keep bashing it with news and say how horrible it is.
Ultimately, the most horrible currency in the world is the U.S. dollar.
The U.S. dollar is the root of all evil.
Polny says America’s story is about to run parallel to the Bible story of Lazarus, who was brought back to life by Christ after four days buried in a dark tomb. Polny says, “In the United States right now, we have gone in the wrong direction. We have been controlled by evil, and so the United States must fall. This is going to be like the Baptism moment. You die to be reborn. So, the United States is about to fall, and it’s going to look horrible. It’s going to look like God has abandoned us. How do you think it looked for Lazarus when he was in the tomb? He was dead. Lazarus and the United States are playing similar rolls. These are cycles, and that which has been will be again. . . . I am going to continue with the story, and it all ties in with the dollar and the United States. Jesus said, ‘This illness (for Lazarus) does not lead to death.’ . . . The fall of the United States is for the glory of God so that the Son of man can be glorified through it. . . .When the United States falls, people are ultimately going to wake up. This is about waking up the church.”
When could this take place? Bo says, “I think sometime in November the United States goes dark. . . . The land will rumble. Power will stumble and evil will crumble. This is what’s coming, and these are the events that we are super close to seeing. This will lead into what is called ‘Hypnotic November’ and death to life. . . . The United States will be reborn to shine once again for all the world to see. . . . We have the great awakening coming, and this will cause gold and silver to lift. . . .The dollar is an instrument that is about to go down. Because it no longer has a contract with Saudi Arabia because Russia got one, it’s about to lose its world reserve status. It’s about to go down, and the question is have you positioned yourself for what’s about to happen?”
Polny goes on to say, “You want to talk about bondage? Look what happened with the election. All it was were bribes and payoffs and nothing more than that. They are trying to control the military . . . they control social media. You know they control FOX News and all the major news stations and everything. . . . This whole money system is disgusting. Each one of these categories is a gate to hell. They control everything to the gates to hell through their money system. The gates of hell shall not prevail.”
In closing, Polny says, “The money system we have today is not attached to gold, and it’s no longer attached to oil. It’s free floating, and the only thing that is holding it up is faith and confidence. How confident do you feel right now with what is going on in the United States? . . . A massive event is coming, and unless the dollar falls, nothing changes. Hollywood won’t change. The banking system won’t change. The media won’t change. Nothing will change. . . .Everything that was held up by the dollar is about to go down.”
Join Greg Hunter of USAWatchdog.com as he goes One-on-One with financial analyst and Biblical cycle expert Bo Polny, founder of Gold2020Forecast.com. (10.09.21)
(This write-up is only a small sample. There is more in the 52 min. interview.)
(To Donate to USAWatchdog.com Click Here)
$Monument Mining (TSXV:MMY) PM Note; The sluggish jobs market
could pressure the Fed to forestall any radical departure from current
stimulus policies and add to market concerns over inflation.
Charlie Morris, the London-based publisher of the Atlas Pulse Gold Report,
says that inflation is proving to be “not so transitory…
and this is where silver comes in.”
“Many say silver is gold on crack,” he explains, “but that’s not
the whole story.
Gold responds to lower interest rates like the long bond, whereas
silver lags gold in that scenario.
Silver only responds when inflation expectations are rising, and
that’s when it really outperforms gold.”
He goes on to say that “silver loves inflation even more than gold …
If the spike move in inflation expectations continues, I would
reasonably expect silver to outperform gold from here.
But remember, silver is riskier and more volatile but does
the same job as gold over the long-term.”
bigone thanks; Default Hysteria: No Time To Panic; Time To Plan
12,206 viewsStreamed live on Oct 1, 2021
RonPaulLibertyReport
291K subscribers
) ) ) ) ) It's a great Mother ore start; ) ) ) bigone' on 'Monument Mining (TSXV:MMY) PM Note; The sluggish jobs market
could pressure the Fed to forestall any radical departure from current
stimulus policies and add to market concerns over inflation.
Charlie Morris, the London-based publisher of the Atlas Pulse Gold Report,
says that inflation is proving to be “not so transitory…
and this is where silver comes in.”
“Many say silver is gold on crack,” he explains, “but that’s not
the whole story.
Gold responds to lower interest rates like the long bond, whereas
silver lags gold in that scenario.
Silver only responds when inflation expectations are rising, and
that’s when it really outperforms gold.”
He goes on to say that “silver loves inflation even more than gold …
If the spike move in inflation expectations continues, I would
reasonably expect silver to outperform gold from here.
But remember, silver is riskier and more volatile but does
the same job as gold over the long-term.”
bigone thanks; Default Hysteria: No Time To Panic; Time To Plan
12,206 viewsStreamed live on Oct 1, 2021
RonPaulLibertyReport
291K subscribers
) ) ) ) ) It's a great Mother ore start; ) ) ) bigone thanks; What about a much higher bid for MMY soon? )
Red October – End of World as We Knew It – Clif High - Greg Hunter
Show - VIDEO
https://usawatchdog.com/red-october-end-of-world-as-we-knew-it-clif-high/
Is 10X possible soon? )
RE: silver I am buying Great Panther Mining (GPL) )
bigone thanks; Default Hysteria: No Time To Panic; Time To Plan
12,206 viewsStreamed live on Oct 1, 2021
RonPaulLibertyReport
291K subscribers
) ) ) ) ) It's a great Mother ore start; ) ) ) These ‘sound money’ assets will ‘come back with a vengeance’ – Lawrence Lepard
97,876 viewsSep 21, 2021
Kitco NEWS
392K subscribers
) ) ) ) ) It's a great Mother ore start; ) ) ) bigone thanks; Will Robert McEwen be right? Gold Price Forecast: How
Gold Will Reach $5,000 per Ounce
Peter Krauth
Gold price forecast, Sept. 10, 2014: In April 2010 I made a somewhat
controversial prediction that gold would reach $5,000 an ounce.
I still believe this to be a realistic price target – and
now prominent gold mining experts are following suit.
$Rob McEwen is more than qualified in the realm of gold mining –
he's the founder and former chairman and chief executive officer of
GoldCorp Inc. (NYSE: GG), a $20 billion Canadian gold miner and
the world's largest by market cap.
And in an interview on CNBC's "Fast Money" in August, McEwen said
"I'm a long-term believer in gold and I see it ultimately getting
to $5,000 an ounce. Anything short of that, I wouldn't be hedging."
McEwen expects gold to hit his $5,000 target within the next three
to four years.
And I agree.
A look at the metal's recent history shows how McEwen and I arrived at
this gold price forecast…
Price History Shines a Spotlight on Gold's Potential
Gold Price Forecast
After a decade-long run up, gold's price peaked in September 2011 at
$1,900.
It's since off by about a third and has been languishing in the
$1,300 range for nearly a year and a half.
That's caused many to claim that gold's bull run is over.
But others, including me, believe it's only consolidating before it
finally resumes its climb much higher.
That's exactly what happened to the secular gold bull market in the 1970s,
when despite a 50% correction that took it from $200 down to $100,
gold managed a spectacular run from about $37 to an eventual
peak of $800 per ounce. That produced a bull market return
of more than 2,000%.
And now a few key catalysts are lined up to drive gold prices higher once again…
Gold Price Forecast: Gold Will Hit $5,000 on These Drivers
A number of fundamental drivers are still firmly in place that will
ensure gold reaches new heights:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166151169
God Bless
$bigone Note; Let's see gold not just as real money but as
the “original” money.
Thus, gold is the measure of value for everything else – including
the US dollar.
“The US dollar, has lost somewhere between 98-99% of its
purchasing power over the past one hundred years.
When the gold price hit $2060 oz. last August, it was a
one hundred-fold increase over the past century and represented
a ninety-nine percent loss in US dollar purchasing power.
In inflation-adjusted terms, $2060 oz. in August 2020 is nearly
identical to $1895 oz. in August 2011.
Both peaks equate similarly to a ninety-nine percent loss
in US dollar purchasing power.
$Monument Reports Fourth Quarter and Fiscal 2021 Results
September 24, 2021
https://www.monumentmining.com/news-media/news/2021/monument-reports-fourth-quarter-and-fiscal-2021-results/
$Gross Revenue of $23.24 Million and Cash Cost of US$1,178/Oz
Vancouver, B.C., September 24, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the
“Company” today announced its annual financial results for the year
ended June 30, 2021.
All amounts are in United States dollars unless otherwise indicated (refer to www.sedar.com for full financial results).
President and CEO Cathy Zhai commented: “During this fiscal year,
Monument has focused on consolidating the asset portfolio by spinning
off the Mengapur base metal project and placing the Tuckanarra Gold
Project into a joint venture.
The restructured gold focused portfolio provides potential catalysts for
re-rating the share price going forward into fiscal 2022 and beyond for
our shareholders.
“For the same reason, as of June 30, 2021, we established a solid
financial position with $38.62 million in cash and cash equivalents on
hand.
The strengthened cash reserves allow us to support and implement the
corporate value creation strategies, especially to fund
the Selinsing gold treatment plant expansion and
exploration of Murchison.
Monument is open to all corporate development opportunities to optimize
our future growth and shareholders value moving forward”.
Ms. Zhai further commented: “With the continued challenges from the
global Covid-19 pandemic that caused more than six weeks mine shut down
during the year, Selinsing Gold Mine produced positive cash flow in
2021 from mining super-low grade ore, leachable sulphide ore and
Peranggih materials, which has brought our aggregated
Selinsing Gold Mine production to 325,509 ounces at an average cost of
$535 per ounce with gross revenue of $452.1 million, gross margin of
$279.3 million and net cash from production of $275 million.
Looking forward, our management team will continue to work hard with
the “Can Do” attitude and the philosophy of “being a doer” in
delivering our commitment to our shareholders.”
Fiscal 2021 Highlights:
Restructured assets to a gold focused portfolio by spinning out
Mengapur copper and iron project;
Two staged Selinsing gold plant conversion with the flotation plant
construction commenced and fully funded;
Murchison Project exploration strategized to test potential gold
discovery and upside;
Tuckanarra Joint ventured with Odyssey fast tracking
exploration and development;
Selinsing Gold Mine continued with leachable sulphide ore production transitioning to new life of mine
Fourth Quarter and Fiscal 2021 Production and Financial Highlights
https://www.monumentmining.com/news-media/news/2021/monument-reports-fourth-quarter-and-fiscal-2021-results/
Though the prospect of tapering has acted as a drag on the gold price
over the past several weeks, Gold Newsletter’s Brien Lundin believes
its reality will come as a relief.
“As you know,” he says in a recently issued advisory, “my view is
that the actual initiation of QE tapering could be a launching pad
for gold, much as the Fed’s initial rate hike in December 2015 ended
gold’s long bear market.
The actual removal of accommodation seems to also remove selling pressure
on gold from speculators betting on that event.
If so, then the expected catalyst isn’t long in coming.…
How they’re going to buy less Treasurys as Congress and the Biden
administration add trillions upon trillions in deficit spending is
beyond me, but my expectations have always been that the markets
won’t allow Powell & Co. to get very far down the road of policy
normalization anyway.
That underpins my long-term view that much higher gold and silver
prices are ahead.”
$News Releases - Monument Announces Completion of Upscaled Phase 1
Drilling in the Field at the Murchison Gold Project
September 20, 2021
Vancouver, B.C., September 20, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the
“Company” is pleased to announce the successful completion of an
upscaled Phase 1 18,000 metre air core (“AC”) and reverse circulation
(“RC”) drill program at its Murchison Gold Project in Western
Australia.
Highlights
Completion of 46 RC holes for 3,465 metres targeting the Munro Bore
Extension target as well as the FLC2 and FLC3 prospects, within the
Burnakura Project Area. Hole depths ranged from 40 to 160 metres and
were located outside of the current resource areas.
A total of 349 AC holes were completed for 10,484 metres focusing on
high quality structural targets defined from geophysical surveys in
areas of shallow cover.
The Munro Bore mineralized structure has an extension into Monument’s
tenement (“Munro Bore Extension”).
Geological mapping and interpretation of the completed drilling is in
progress, and subject to results obtained, follow up drill programs
will be planned.
All of the samples generated from the drilling have been delivered to
ALS Geochemistry, Perth, and results are expected to be received
between October and November 2021.
A drill program consisting of over 5,500 metres of combined RC and
diamond drilling (“DD”) targeting beneath open pits along the high-
grade North of Alliance (“NOA”) structure is at an advanced planning
stage and selection of a drill contractor is in progress.
Monument commenced its Phase 1 AC and RC drill program on July 3rd 2021
(as announced on July 20th 2021) and completed it by August 21st 2021
(Figure 1).
This first phase of drilling was designed to test new high quality
structural targets beneath cover for potential mineralization that may
lead to the identification of shallow stand alone or satellite gold
deposits to supplement the current resource base.
In addition, the drilling tested the strike continuation at Munro Bore
Extension that is adjacent to Munro Bore (not owned by Monument).
Munro Bore has estimated historical resources of 266,000t at 1.6g/t Au
(reported in “Technical Project Review and Independent Valuation Report
(Short Form)” prepared by Giralia Resources NL and reviewed by
Ravensgate Mining Industry Consultants in January 2011).
A total of 46 RC holes for 3,465m were completed against a plan of 12
holes for 1,260m, comprised of 1,301m for the planned Munro Bore
Extension and additional 2,164m for the FLC2 and FLC3 prospects that
was originally planned in the phase two.
It was brought forward to take advantage of increased drill rig
availability.
A total of 349 AC holes were completed for 10,484m at the Authaal East,
Burnakura South and Junction targets against a plan of 430 AC holes for
16,680m at Munro Bore Extension, Banderol South and Junction.
The targets were tested as planned except the eastern line of the
Junction target was not drilled due to steep terrain.
The depth to blade refusal was generally less than anticipated resulting
in fewer metres drilled than originally planned.
Drill holes were angled at 60 degrees and generally spaced at 25m with
lines spaced at between 400m to 950m.
https://www.monumentmining.com/news-media/news/2021/monument-announces-completion-of-upscaled-phase-1-drilling-in-the-field-at-the-murchison-gold-project/
$China Will Back Their Country's Digital Yuan With Gold
https://www.zerohedge.com/news/2021-08-25/china-will-back-their-countrys-digital-yuan-gold
When it happen all countries have to follow -
POG $10,000.-/oz + + +
IMO!
With Monuments sufficient cash to cover all near term project
expenditures )
and still have significant surplus for contingencies -
MMY are very well situated to begin adding cash from current and
near term project cash flows.
MMY's ex. balance sheet wise, is much better situated
than most junior gold producers -
Additions to Investors Link on Website
plans for second source of cash flows from second safe mining
Jurisdiction -
$Each Jurisdiction has exploration upside above 1 million ounces..
https://www.monumentmining.com/investors/
Additions to Murchison Gold Mines Project..3D Model -
is interesting of ex. those two very large early exploration high
grade targets at the northern margin of -
Burnakura gold mines properties and at its southern margins -
also the two in between ones are large gold properties )
based on the 25 km scale.
The new 3D geology model demonstrates that;
Burnakura Gold mines exploration upside
are very large, even from new open pits mines -
and what MMY know from
its underground drilling explorations -
https://www.monumentmining.com/site/assets/files/4188/mmy_corporate_presentation-2021_04_08.pdf
$bigone thanks; $Monthly BIG picture L@@K at $GOLD
proper TA schooled all the EXPERTS = REALITY )
https://tinyurl.com/2vx5mz95
https://fisherpreciousmetals.com/83-analysts-believe-gold-will-go-parabolic-to-between-2500-and-15000/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163835890
$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
God Bless America
Ps.
opinion appreciated
TIA.
$Monument Reports Fourth Quarter and Fiscal 2021 Results
September 24, 2021
https://www.monumentmining.com/news-media/news/2021/monument-reports-fourth-quarter-and-fiscal-2021-results/
$Gross Revenue of $23.24 Million and Cash Cost of US$1,178/Oz
Vancouver, B.C., September 24, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the
“Company” today announced its annual financial results for the year
ended June 30, 2021.
All amounts are in United States dollars unless otherwise indicated (refer to www.sedar.com for full financial results).
President and CEO Cathy Zhai commented: “During this fiscal year,
Monument has focused on consolidating the asset portfolio by spinning
off the Mengapur base metal project and placing the Tuckanarra Gold
Project into a joint venture.
The restructured gold focused portfolio provides potential catalysts for
re-rating the share price going forward into fiscal 2022 and beyond for
our shareholders.
“For the same reason, as of June 30, 2021, we established a solid
financial position with $38.62 million in cash and cash equivalents on
hand.
The strengthened cash reserves allow us to support and implement the
corporate value creation strategies, especially to fund
the Selinsing gold treatment plant expansion and
exploration of Murchison.
Monument is open to all corporate development opportunities to optimize
our future growth and shareholders value moving forward”.
Ms. Zhai further commented: “With the continued challenges from the
global Covid-19 pandemic that caused more than six weeks mine shut down
during the year, Selinsing Gold Mine produced positive cash flow in
2021 from mining super-low grade ore, leachable sulphide ore and
Peranggih materials, which has brought our aggregated
Selinsing Gold Mine production to 325,509 ounces at an average cost of
$535 per ounce with gross revenue of $452.1 million, gross margin of
$279.3 million and net cash from production of $275 million.
Looking forward, our management team will continue to work hard with
the “Can Do” attitude and the philosophy of “being a doer” in
delivering our commitment to our shareholders.”
Fiscal 2021 Highlights:
Restructured assets to a gold focused portfolio by spinning out
Mengapur copper and iron project;
Two staged Selinsing gold plant conversion with the flotation plant
construction commenced and fully funded;
Murchison Project exploration strategized to test potential gold
discovery and upside;
Tuckanarra Joint ventured with Odyssey fast tracking
exploration and development;
Selinsing Gold Mine continued with leachable sulphide ore production transitioning to new life of mine
Fourth Quarter and Fiscal 2021 Production and Financial Highlights
https://www.monumentmining.com/news-media/news/2021/monument-reports-fourth-quarter-and-fiscal-2021-results/
Though the prospect of tapering has acted as a drag on the gold price
over the past several weeks, Gold Newsletter’s Brien Lundin believes
its reality will come as a relief.
“As you know,” he says in a recently issued advisory, “my view is
that the actual initiation of QE tapering could be a launching pad
for gold, much as the Fed’s initial rate hike in December 2015 ended
gold’s long bear market.
The actual removal of accommodation seems to also remove selling pressure
on gold from speculators betting on that event.
If so, then the expected catalyst isn’t long in coming.…
How they’re going to buy less Treasurys as Congress and the Biden
administration add trillions upon trillions in deficit spending is
beyond me, but my expectations have always been that the markets
won’t allow Powell & Co. to get very far down the road of policy
normalization anyway.
That underpins my long-term view that much higher gold and silver
prices are ahead.”
$News Releases - Monument Announces Completion of Upscaled Phase 1
Drilling in the Field at the Murchison Gold Project
September 20, 2021
Vancouver, B.C., September 20, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the
“Company” is pleased to announce the successful completion of an
upscaled Phase 1 18,000 metre air core (“AC”) and reverse circulation
(“RC”) drill program at its Murchison Gold Project in Western
Australia.
Highlights
Completion of 46 RC holes for 3,465 metres targeting the Munro Bore
Extension target as well as the FLC2 and FLC3 prospects, within the
Burnakura Project Area. Hole depths ranged from 40 to 160 metres and
were located outside of the current resource areas.
A total of 349 AC holes were completed for 10,484 metres focusing on
high quality structural targets defined from geophysical surveys in
areas of shallow cover.
The Munro Bore mineralized structure has an extension into Monument’s
tenement (“Munro Bore Extension”).
Geological mapping and interpretation of the completed drilling is in
progress, and subject to results obtained, follow up drill programs
will be planned.
All of the samples generated from the drilling have been delivered to
ALS Geochemistry, Perth, and results are expected to be received
between October and November 2021.
A drill program consisting of over 5,500 metres of combined RC and
diamond drilling (“DD”) targeting beneath open pits along the high-
grade North of Alliance (“NOA”) structure is at an advanced planning
stage and selection of a drill contractor is in progress.
Monument commenced its Phase 1 AC and RC drill program on July 3rd 2021
(as announced on July 20th 2021) and completed it by August 21st 2021
(Figure 1).
This first phase of drilling was designed to test new high quality
structural targets beneath cover for potential mineralization that may
lead to the identification of shallow stand alone or satellite gold
deposits to supplement the current resource base.
In addition, the drilling tested the strike continuation at Munro Bore
Extension that is adjacent to Munro Bore (not owned by Monument).
Munro Bore has estimated historical resources of 266,000t at 1.6g/t Au
(reported in “Technical Project Review and Independent Valuation Report
(Short Form)” prepared by Giralia Resources NL and reviewed by
Ravensgate Mining Industry Consultants in January 2011).
A total of 46 RC holes for 3,465m were completed against a plan of 12
holes for 1,260m, comprised of 1,301m for the planned Munro Bore
Extension and additional 2,164m for the FLC2 and FLC3 prospects that
was originally planned in the phase two.
It was brought forward to take advantage of increased drill rig
availability.
A total of 349 AC holes were completed for 10,484m at the Authaal East,
Burnakura South and Junction targets against a plan of 430 AC holes for
16,680m at Munro Bore Extension, Banderol South and Junction.
The targets were tested as planned except the eastern line of the
Junction target was not drilled due to steep terrain.
The depth to blade refusal was generally less than anticipated resulting
in fewer metres drilled than originally planned.
Drill holes were angled at 60 degrees and generally spaced at 25m with
lines spaced at between 400m to 950m.
https://www.monumentmining.com/news-media/news/2021/monument-announces-completion-of-upscaled-phase-1-drilling-in-the-field-at-the-murchison-gold-project/
$China Will Back Their Country's Digital Yuan With Gold
https://www.zerohedge.com/news/2021-08-25/china-will-back-their-countrys-digital-yuan-gold
When it happen all countries have to follow -
POG $10,000.-/oz + + +
IMO!
With Monuments sufficient cash to cover all near term project
expenditures )
and still have significant surplus for contingencies -
MMY are very well situated to begin adding cash from current and
near term project cash flows.
MMY's ex. balance sheet wise, is much better situated
than most junior gold producers -
Additions to Investors Link on Website
plans for second source of cash flows from second safe mining
Jurisdiction -
$Each Jurisdiction has exploration upside above 1 million ounces..
https://www.monumentmining.com/investors/
Additions to Murchison Gold Mines Project..3D Model -
is interesting of ex. those two very large early exploration high
grade targets at the northern margin of -
Burnakura gold mines properties and at its southern margins -
also the two in between ones are large gold properties )
based on the 25 km scale.
The new 3D geology model demonstrates that;
Burnakura Gold mines exploration upside
are very large, even from new open pits mines -
and what MMY know from
its underground drilling explorations -
https://www.monumentmining.com/site/assets/files/4188/mmy_corporate_presentation-2021_04_08.pdf
$bigone thanks; $Monthly BIG picture L@@K at $GOLD
proper TA schooled all the EXPERTS = REALITY )
https://tinyurl.com/2vx5mz95
https://fisherpreciousmetals.com/83-analysts-believe-gold-will-go-parabolic-to-between-2500-and-15000/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163835890
$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
God Bless America
Ps.
opinion appreciated
TIA.
Though the prospect of tapering has acted as a drag on the gold price
over the past several weeks, Gold Newsletter’s Brien Lundin believes
its reality will come as a relief.
“As you know,” he says in a recently issued advisory, “my view is
that the actual initiation of QE tapering could be a launching pad
for gold, much as the Fed’s initial rate hike in December 2015 ended
gold’s long bear market.
The actual removal of accommodation seems to also remove selling pressure
on gold from speculators betting on that event.
If so, then the expected catalyst isn’t long in coming.…
How they’re going to buy less Treasurys as Congress and the Biden
administration add trillions upon trillions in deficit spending is
beyond me, but my expectations have always been that the markets
won’t allow Powell & Co. to get very far down the road of policy
normalization anyway.
That underpins my long-term view that much higher gold and silver
prices are ahead.”
$News Releases - Monument Announces Completion of Upscaled Phase 1
Drilling in the Field at the Murchison Gold Project
September 20, 2021
Vancouver, B.C., September 20, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the
“Company” is pleased to announce the successful completion of an
upscaled Phase 1 18,000 metre air core (“AC”) and reverse circulation
(“RC”) drill program at its Murchison Gold Project in Western
Australia.
Highlights
Completion of 46 RC holes for 3,465 metres targeting the Munro Bore
Extension target as well as the FLC2 and FLC3 prospects, within the
Burnakura Project Area. Hole depths ranged from 40 to 160 metres and
were located outside of the current resource areas.
A total of 349 AC holes were completed for 10,484 metres focusing on
high quality structural targets defined from geophysical surveys in
areas of shallow cover.
The Munro Bore mineralized structure has an extension into Monument’s
tenement (“Munro Bore Extension”).
Geological mapping and interpretation of the completed drilling is in
progress, and subject to results obtained, follow up drill programs
will be planned.
All of the samples generated from the drilling have been delivered to
ALS Geochemistry, Perth, and results are expected to be received
between October and November 2021.
A drill program consisting of over 5,500 metres of combined RC and
diamond drilling (“DD”) targeting beneath open pits along the high-
grade North of Alliance (“NOA”) structure is at an advanced planning
stage and selection of a drill contractor is in progress.
Monument commenced its Phase 1 AC and RC drill program on July 3rd 2021
(as announced on July 20th 2021) and completed it by August 21st 2021
(Figure 1).
This first phase of drilling was designed to test new high quality
structural targets beneath cover for potential mineralization that may
lead to the identification of shallow stand alone or satellite gold
deposits to supplement the current resource base.
In addition, the drilling tested the strike continuation at Munro Bore
Extension that is adjacent to Munro Bore (not owned by Monument).
Munro Bore has estimated historical resources of 266,000t at 1.6g/t Au
(reported in “Technical Project Review and Independent Valuation Report
(Short Form)” prepared by Giralia Resources NL and reviewed by
Ravensgate Mining Industry Consultants in January 2011).
A total of 46 RC holes for 3,465m were completed against a plan of 12
holes for 1,260m, comprised of 1,301m for the planned Munro Bore
Extension and additional 2,164m for the FLC2 and FLC3 prospects that
was originally planned in the phase two.
It was brought forward to take advantage of increased drill rig
availability.
A total of 349 AC holes were completed for 10,484m at the Authaal East,
Burnakura South and Junction targets against a plan of 430 AC holes for
16,680m at Munro Bore Extension, Banderol South and Junction.
The targets were tested as planned except the eastern line of the
Junction target was not drilled due to steep terrain.
The depth to blade refusal was generally less than anticipated resulting
in fewer metres drilled than originally planned.
Drill holes were angled at 60 degrees and generally spaced at 25m with
lines spaced at between 400m to 950m.
https://www.monumentmining.com/news-media/news/2021/monument-announces-completion-of-upscaled-phase-1-drilling-in-the-field-at-the-murchison-gold-project/
$China Will Back Their Country's Digital Yuan With Gold
https://www.zerohedge.com/news/2021-08-25/china-will-back-their-countrys-digital-yuan-gold
When it happen all countries have to follow -
POG $10,000.-/oz + + +
IMO!
With Monuments sufficient cash to cover all near term project
expenditures )
and still have significant surplus for contingencies -
MMY are very well situated to begin adding cash from current and
near term project cash flows.
MMY's ex. balance sheet wise, is much better situated
than most junior gold producers -
Additions to Investors Link on Website
plans for second source of cash flows from second safe mining
Jurisdiction -
$Each Jurisdiction has exploration upside above 1 million ounces..
https://www.monumentmining.com/investors/
Additions to Murchison Gold Mines Project..3D Model -
is interesting of ex. those two very large early exploration high
grade targets at the northern margin of -
Burnakura gold mines properties and at its southern margins -
also the two in between ones are large gold properties )
based on the 25 km scale.
The new 3D geology model demonstrates that;
Burnakura Gold mines exploration upside
are very large, even from new open pits mines -
and what MMY know from
its underground drilling explorations -
https://www.monumentmining.com/site/assets/files/4188/mmy_corporate_presentation-2021_04_08.pdf
$bigone thanks; $Monthly BIG picture L@@K at $GOLD
proper TA schooled all the EXPERTS = REALITY )
https://tinyurl.com/2vx5mz95
https://fisherpreciousmetals.com/83-analysts-believe-gold-will-go-parabolic-to-between-2500-and-15000/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163835890
$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
God Bless America
Ps.
opinion appreciated
TIA.
$News Releases - Monument Announces Completion of Upscaled Phase 1
Drilling in the Field at the Murchison Gold Project
September 20, 2021
View PDF
Vancouver, B.C., September 20, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the
“Company” is pleased to announce the successful completion of an
upscaled Phase 1 18,000 metre air core (“AC”) and reverse circulation
(“RC”) drill program at its Murchison Gold Project in Western
Australia.
Highlights
Completion of 46 RC holes for 3,465 metres targeting the Munro Bore
Extension target as well as the FLC2 and FLC3 prospects, within the
Burnakura Project Area. Hole depths ranged from 40 to 160 metres and
were located outside of the current resource areas.
A total of 349 AC holes were completed for 10,484 metres focusing on
high quality structural targets defined from geophysical surveys in
areas of shallow cover.
The Munro Bore mineralized structure has an extension into Monument’s
tenement (“Munro Bore Extension”).
Geological mapping and interpretation of the completed drilling is in
progress, and subject to results obtained, follow up drill programs
will be planned.
All of the samples generated from the drilling have been delivered to
ALS Geochemistry, Perth, and results are expected to be received
between October and November 2021.
A drill program consisting of over 5,500 metres of combined RC and
diamond drilling (“DD”) targeting beneath open pits along the high-
grade North of Alliance (“NOA”) structure is at an advanced planning
stage and selection of a drill contractor is in progress.
Monument commenced its Phase 1 AC and RC drill program on July 3rd 2021
(as announced on July 20th 2021) and completed it by August 21st 2021
(Figure 1).
This first phase of drilling was designed to test new high quality
structural targets beneath cover for potential mineralization that may
lead to the identification of shallow stand alone or satellite gold
deposits to supplement the current resource base.
In addition, the drilling tested the strike continuation at Munro Bore
Extension that is adjacent to Munro Bore (not owned by Monument).
Munro Bore has estimated historical resources of 266,000t at 1.6g/t Au
(reported in “Technical Project Review and Independent Valuation Report
(Short Form)” prepared by Giralia Resources NL and reviewed by
Ravensgate Mining Industry Consultants in January 2011).
A total of 46 RC holes for 3,465m were completed against a plan of 12
holes for 1,260m, comprised of 1,301m for the planned Munro Bore
Extension and additional 2,164m for the FLC2 and FLC3 prospects that
was originally planned in the phase two.
It was brought forward to take advantage of increased drill rig
availability.
A total of 349 AC holes were completed for 10,484m at the Authaal East,
Burnakura South and Junction targets against a plan of 430 AC holes for
16,680m at Munro Bore Extension, Banderol South and Junction.
The targets were tested as planned except the eastern line of the
Junction target was not drilled due to steep terrain.
The depth to blade refusal was generally less than anticipated resulting
in fewer metres drilled than originally planned.
Drill holes were angled at 60 degrees and generally spaced at 25m with
lines spaced at between 400m to 950m.
https://www.monumentmining.com/news-media/news/2021/monument-announces-completion-of-upscaled-phase-1-drilling-in-the-field-at-the-murchison-gold-project/
bigone thanks; China Will Back Their Country's Digital Yuan With Gold
https://www.zerohedge.com/news/2021-08-25/china-will-back-their-countrys-digital-yuan-gold
When it happen all countries have to follow -
POG $10,000.-/oz + + +
IMO!
With Monuments sufficient cash to cover all near term project
expenditures )
and still have significant surplus for contingencies -
MMY are very well situated to begin adding cash from current and
near term project cash flows.
MMY's ex. balance sheet wise, is much better situated
than most junior gold producers -
Additions to Investors Link on Website
plans for second source of cash flows from second safe mining
Jurisdiction -
$Each Jurisdiction has exploration upside above 1 million ounces..
https://www.monumentmining.com/investors/
Additions to Murchison Gold Mines Project..3D Model -
is interesting of ex. those two very large early exploration high
grade targets at the northern margin of -
Burnakura gold mines properties and at its southern margins -
also the two in between ones are large gold properties )
based on the 25 km scale.
The new 3D geology model demonstrates that;
Burnakura Gold mines exploration upside
are very large, even from new open pits mines -
and what MMY know from
its underground drilling explorations -
https://www.monumentmining.com/site/assets/files/4188/mmy_corporate_presentation-2021_04_08.pdf
$bigone thanks; $Monthly BIG picture L@@K at $GOLD
proper TA schooled all the EXPERTS = REALITY )
https://tinyurl.com/2vx5mz95
https://fisherpreciousmetals.com/83-analysts-believe-gold-will-go-parabolic-to-between-2500-and-15000/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163835890
$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
God Bless America
Ps.
opinion appreciated
TIA.
bigone thanks; China Will Back Their Country's Digital Yuan With Gold
https://www.zerohedge.com/news/2021-08-25/china-will-back-their-countrys-digital-yuan-gold
When it happen all countries have to follow -
POG $10,000.-/oz + + +
IMO!
With Monuments sufficient cash to cover all near term project
expenditures )
and still have significant surplus for contingencies -
MMY are very well situated to begin adding cash from current and
near term project cash flows.
MMY's ex. balance sheet wise, is much better situated
than most junior gold producers -
Additions to Investors Link on Website
plans for second source of cash flows from second safe mining
Jurisdiction -
$Each Jurisdiction has exploration upside above 1 million ounces..
https://www.monumentmining.com/investors/
Additions to Murchison Gold Mines Project..3D Model -
is interesting of ex. those two very large early exploration high
grade targets at the northern margin of -
Burnakura gold mines properties and at its southern margins -
also the two in between ones are large gold properties )
based on the 25 km scale.
The new 3D geology model demonstrates that;
Burnakura Gold mines exploration upside
are very large, even from new open pits mines -
and what MMY know from
its underground drilling explorations -
https://www.monumentmining.com/site/assets/files/4188/mmy_corporate_presentation-2021_04_08.pdf
$bigone thanks; $Monthly BIG picture L@@K at $GOLD
proper TA schooled all the EXPERTS = REALITY )
https://tinyurl.com/2vx5mz95
https://fisherpreciousmetals.com/83-analysts-believe-gold-will-go-parabolic-to-between-2500-and-15000/
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=163835890
$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
God Bless America
Ps.
opinion appreciated
TIA.
$bigone thanks; Forget The Pullback In Gold
August 25 (King World News) –
Kevin Smith: I am in awe of the weekly gold chart right now.
Check out the long reversal candle from two weeks ago after
the COMEX smackdown and shakeout.
Marked a double bottom with March/April lows.
Should be just a hop, skip, and a jump to get back
above 2,000/oz. from here.
$Despite Shakeout, Gold A Hop, Skip, And A Jump
To Get Back Above $2,000
https://kingworldnews.com/these-charts-will-blow-you-away-gold-real-estate-inflation-food-prices-commodities-shipping-and-more/
bigone thanks; Gascoyne Up for Sale/ Murchison heats up
Gascoyne is running out of oxides for its mill and its grades
are very low.
So it recently proposed a merger with Firefox for its 196,500 ounces of
gold resources at 1.45 gms per ton.
It states the proforma enterprice value of $159 m subsequent to the
acquisition, which at 32 .8 % implies about $51 m for
Firfoxes 196,500 ounces of Indicated resource.
Thats pretty rich at $260 per ounce of gold in the ground.
But Gascoyne has to have higher grade ore to make it very ;profitable.
Today, I notice that Gascoyne received an unsolicited takeover offer
which it rejected.
Gascoyne i a former merger candidate with Monument.
So, with limited new discoveries of shallow oxides of decent grades,
Monument is well placed with its 550,000 ounces @2.05 gms per ton
https://hotcopper.com.au/threads/ann-gascoyne-and-firefly-agree-to-merger.6112580/
https://stockhouse.com/companies/bullboard?symbol=v.mmy&postid=33754326
Recent SH interview with Monument CEO
https://www.monumentmining.com/site/assets/files/4261/061721-v-mmy_editoral.pdf
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165431138
$Gold Takedown Fails As Price Of Gold Surges Another $28, Nearing $1,800 Level
https://kingworldnews.com/gold-takedown-fails-as-price-of-gold-surges-another-28-nearing-1800-level/
$Monument Mining (TSXV:MMY) begins drilling gold targets in Australia
Mining
TSXV:MMY $44.01M
Simon Druker
Markets Reporter
simon.druker@themarketherald.ca
20 July 2021 13:00 (EDT)
https://themarketherald.ca/wp-content/uploads/2021/07/shutterstock_1077511751-1-800x430.jpg
$Monument Mining's (MMY) planned exploration drilling program is now underway at its Murchison Gold Project in Western Australia
The first stage of the drill program planned for 18,000 metres and combines aircore and reverse circulation drilling
The program will test new high-quality structural targets beneath cover
Work should continue for the next six to eight months as new targets are identified and evaluated
Monument Mining is up 12.5 per cent, trading at C$0.14 at 12:21 pm ET
Monument Mining's (MMY) planned exploration drilling program is now underway at its Murchison Gold Project in Western Australia.
The first stage of the drill program is planned for 18,000 metres and combines aircore and reverse circulation drilling.
The program will test new high-quality structural targets beneath cover for potential mineralization that may lead to the identification of shallow stand-alone or satellite gold deposits.
The company hopes to supplement the current resource base at the 100-per-cent owned Burnakura gold project.
The progressive nature of the exploration program means work will continue for the next six to eight months as new targets are identified and evaluated for their potential to develop into a new satellite gold deposit.
Once the exploration program is finished, Monument will be in a position to evaluate the entire 170-square-kilometre land package of the Murchison Gold Project. At that point, the Vancouver company will determine the most logical approach in which to advance the project.
"The Monument exploration team is excited to begin drilling after extensive work to identify high quality targets at the Murchison Gold Project. The WA area has been heating up this year with a large amount of exploration work being undertaken, and we are fortunate to get started ahead of schedule having secured a drill rig," said Monument CEO and President Cathy Zhai.
$The Murchison Gold Projects comprises Burnakura, Gabanintha and Tuckanarra Joint Venture, in the Murchison area of Western Australia.
Monument Mining is up 12.5 per cent, trading at C$0.14 at 12:21 pm ET.
Stockhouse logo
Latest News
Monument Commences Drilling Gold Targets at the Murchison Gold Project
GlobeNewswire 1 day ago
Monument Completes Independent Flotation Testwork
GlobeNewswire July 6, 2021
Monument Announces Selinsing Gold Mine in Malaysia Resumes Production
GlobeNewswire July 5, 2021
Monument Announces Covid-19 National Recovery Plan in Malaysia
GlobeNewswire June 30, 2021
Monument Announces Extension to Movement Control Order in Malaysia
GlobeNewswire June 15, 2021
Monument Commences Exploration at the Murchison Gold Project
GlobeNewswire June 14, 2021
More V.MMY news on Stockhouse »
Latest Bullboard Posts
RE:RE:RE:RE:Recent SH interview with Monument CEO
nozz..... it wasn't you....it was Wayned....Richard RE:Recent SH...
5 hours ago
RE:RE:ODY Discovers Two New linked Gold Formations
I`m not sure why Odyssey share price reacts like it does when they report...
5 hours ago
RE:RE:RE:Recent SH interview with Monument CEO
I'm not called Nosepak for nothing. Lol
7 hours ago
RE:RE:Recent SH interview with Monument CEO
Funny world.... you got it, a day before it happened..... nose to the ground......
7 hours ago
Munro Bore and Banderol Fault Junction and Current Drilling
The last great discovery at Burnakura was the NOA 1-8 pits which was based on...
11 hours ago
Munro Bore…..Excerpt from 2007 Giralia Report
Estimate of Approx 15,000 ounces for two of the 4 Zones...I am not aware of...
$Recent SH interview with Monument CEO
https://www.monumentmining.com/site/assets/files/4261/061721-v-mmy_editoral.pdf
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165005641
$NEWS Monument Commences Drilling Gold Targets at the Murchison Gold Project
July 20, 2021
https://www.monumentmining.com/news-media/news/2021/monument-commences-drilling-gold-targets-at-the-murchison-gold-project/
Vancouver, B.C., July 20, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the
“Company” is pleased to announce the commencement of a planned
exploration drilling program at the Murchison Gold Project in Western
Australia.
The first stage of the drill program planned for 18,000 metres and
combines aircore (“AC”) and reverse circulation (“RC”) drilling, and is
designed to test new high quality structural targets beneath cover for
potential mineralization that may lead to the identification of shallow
stand alone or satellite gold deposits to supplement the current
resource base at the 100% owned Burnakura gold project.
The progressive nature of the exploration program at Burnakura and
Gabanintha (Figure 1) will see work continue for the next six to eight
months as new targets are identified and evaluated for their potential
to develop into a new satellite gold deposit. At the conclusion of this
exploration program Monument will be in a position to evaluate the
entire 170km2 land package of the Murchison Gold Project and determine,
in an informed manner, the most logical approach in which to advance
the project.
Figure 1: Murchison Gold Project Geology Map showing Burnakura and Gabanintha tenements
https://www.monumentmining.com/news-media/news/2021/monuent-commences-drilling-gold-targets-at-the-murchison-gold-project/
$bigone thanks; Golden cross forms in gold’s chart
Posted on July 8, 2021 by Opinion
MarketWatch/Mark DeCambre/7-6-2021
Gold Price
(Gold price, 50-day and 200-day moving averages)
Overlay chart showing the 50-day and 200-day averages crossing –
a TI bulliish indicator
$bigone thanks; well MMY starting to wakeUP with a lot of great NEWS
after an 8 year long downturn bear trend of gold market -
MMY's 1st bulltrend 2009-11 was strong an if 2nd bulltrend starting....
let's hope it be stronger :))
$NEWS Monument Completes Independent Flotation Testwork
July 6, 2021
Vancouver, B.C., July 6, 2021,
https://www.monumentmining.com/news-media/news/2021/monument-completes-independent-flotation-testwork/
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or
the “Company”) is pleased to announce that the independent flotation
testwork undertaken at Bureau Veritas Laboratory (“BV”) in Perth has
successfully replicated the positive results achieved by the on-site
metallurgical laboratory to produce a marketable gold concentrate at
the Selinsing Gold Mine.
CEO and President Cathy Zhai commented: “We are very pleased with the test results that are a milestone step in achieving a sustainable cash supply from our Selinsing gold sulphide inventory by the sale of a sulphide concentrate produced through the planned flotation plant to third parties. The Phase II plant upgrade may follow to construct a BIOX-leaching circuit if deemed economically viable to treat both the Selinsing concentrates and third party concentrates on-site in order to further enhance the revenue level. Our new business model of expanding operations into treating third parties concentrates through a planned BIOX®-leaching circuit continues to be assessed.”
She further added: “We have noted that the recent announcements of tighter Chinese import restriction for the arsenic levels in gold concentrates imply that a number of producers of complex gold concentrates that currently sell into China will be looking for new off-take partners. Consequentially Selinsing’s proposed BIOX® plant could be their new home.”
Flotation Testwork Results Highlights
Gold concentrate produced from fresh sulphide ore contains an average 34g/t of gold from BV testwork, compared to 33.1g/t of gold from the on-site Selinsing testwork;
Gold concentrate produced from transition sulphide ore contains an average 42.5g/t of gold from BV testwork compared to 31.7g/t of gold from the on-site Selinsing testwork;
The arsenic (“As)” contained in gold concentrates was achieved at an average of 5.1% for fresh and 7.0% for transition ores close to the 8% limit that initially set for the testwork program. It can be lowered to 3.5% through concentrate blending.
Final concentrate grades showed elevated antimony (“Sb”) grades in the fresh material (5.7 – 13.3% Sb), but less than 0.2% Sb in the transition ores.
Orway Mineral Consultants (“OMC”) was engaged by the Company to modify the flotation conceptual engineering design that was reported in the Snowden feasibility study in February 2019, in order to produce gold concentrates as a final product for sale instead of a mid-product for further bio-leach treatment to accommodate a two stage approach Sulphide treatment plant expansion strategy.
The independent testwork was carried out from February to May 2021 in Perth, Australia through Bureau Veritas Laboratory (“BV Lab”) under OMC’s supervision. The aim of this testwork was to independently verify the process parameters developed by the on-site laboratory through extensive testwork. Based on the test results, the optimized flotation conceptual engineering design was completed by OMC in June 2021 under the “Sulphide Flotation Circuit Design - Selinsing Gold Project”, including flotation testwork parameters, process design criteria, circuit modelling, engineering design brief and consumables estimates.
Flotation Testwork Parameters
Diamond drilling was conducted at Buffalo Reef pits BRC2, BRC3, BRC4 and BR North to provide samples. BV Lab testwork was designed to ensure repeatability of the on-site testwork and all flotation tests were carried out in duplicate.
The BV Lab testwork has proved that the Selinsing onsite laboratory test results are repeatable in a commercial lab for Fresh and Transition ore (Table 1. Summary of the BV Lab results), and the onsite laboratory recovery numbers can be used by OMC with reasonable confidence for engineering design (refer to news release dated April 27, 2021 “Monument Commences Flotation Plant Work at Selinsing”).
Table 1: Summary of the BV Lab results
https://www.monumentmining.com/news-media/news/2021/monument-completes-independent-flotation-testwork/
$MMY NEWS Monument Announces Selinsing Gold Mine in Malaysia Resumes Production
July 5, 2021
Vancouver, B.C., July 5, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or
the “Company”) announces that the Malaysia authorities have
transitioned the movement control order (“MCO”) in five states into
Phase 2 effective July 5, 2021 under the National Recovery Plan,
including Pahang State.
Under the Phase 2, Selinsing Gold Mine is now back to production
with up to 80% employees being allowed working at the site.
Employers must ensure physical distancing and adherence to
the standard operating procedures at all times.
CEO and President Cathy Zhai said: “The production starts to be
resumed at Selinsing Gold Mine according to our recovery plan.
We will be closely monitoring the Covid status and put employees’
safety as priority.”
About Monument
Monument Mining Limited (TSX-V: MMY, FSE:D7Q1) is an established
Canadian gold producer that owns and operates
The Selinsing Gold Mine in Malaysia.
Its experienced management team is committed to growth and is also
advancing the Murchison Gold Projects
comprising Burnakura, Gabanintha and
Tuckanarra JV (20% interest) in the Murchison area of Western A
Australia.
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.
Cathy Zhai, President and CEO
Monument Mining Limited
Suite 1580 -1100 Melville Street
Vancouver, BC V6E 4A6
FOR FURTHER INFORMATION visit the company web site at http://www.monumentmining.com
or contact:
Richard Cushing, MMY Vancouver
T: +1-604-638-1661 x102
rcushing@monumentmining.com
https://www.monumentmining.com/news-media/photo-gallery/
https://www.monumentmining.com/news-media/news/2021/monument-announces-selinsing-gold-mine-in-malaysia-resumes-production/
“Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.”
$tsoprano-1 welcome to Monument Mining (TSXV:MMY) My Friend -
Good to see you @ MMY )
I think Goldbull MMY will do very well - )
MMY is very oversold and undervalued,
Imo!
Joint Venture partner ODY finds more Visible Gold at Stakewell )
Also excellent grades from additional Tuckanara drilling....
https://www.listcorp.com/asx/ody/odyssey-gold-limited/news/new-discovery-and-drilling-enhance-murchison-gold-projects-2545483.html
$Money once again flowing into gold mining producers -
The IT and Crypto sectors have now topped and that cash is now looking
for the next hot sector.
That sector is now gold.
On Friday, reviewing analyst rating changes on my Investment House
daily report, I found that almost all of the covered gold stocks were
rated Outperform.
I have never seen such a rapid and universal alteration in gold ratings
in my investment career which goes back decades.
So, we are looking at a revival of investment dollars into gold and gold
mines stocks.
We have a huge amount of material and development news pending release
in the near future.
$Considering this along with increased investment flows into Gold, its a
fair bet that we will exit June above $0.30 + + + + )
Throughout the summer, we will see sequential releases of Murchison
drilling results along with development news at Peranghi, processing of
Colombian concentrate, construction progress of the Floatation plant
and other new developments currently under consideration.
If all goes according to form, we have an excellent chance of exiting
summer above $0.60 + + + + )
Even at that price, we will still be very undervalued bargain....
IMO! nozzpack
$bigone thanks; In December 2020, Monument Mining Ltd. made an Joint
Venture agreement with Odyssey Gold Ltd.
MMY got a 20% free carried interest (not need to pay any cost of
exploration drilling etc. up to
the project are ready for gold milling, processing etc.)
MMY also got a 1% NSR royalty over Odyssey’s 80% interest in the
property.
Ody got 80% interest in MMY's Tuckanarra Gold project to carry out
all needed exploration, drilling, feasibility study etc.
Odyssey Gold Ltd., leaving Monument with a 20% free carried interest
and a 1% NSR royalty over Odyssey’s 80% interest in the property.
An unincorporated joint venture was formed with Odyssey to advance
the exploration over Tuckanarra.
Odyssey will be solely responsible for funding the exploration and
evaluation activities at Tuckanarra until a decision to mine is
reached.
The future processing of ore from tenements held by Odyssey
through the Monuments Mining Ltd's Burnakura plant remains
an option should maybe if commercial
terms be reached!?
$Visible Gold at Odyssey/Monument Tuckanarra JointVenture Project
Reinforce Exploration Targeting at Murchison Gold Project
MMY | May 5, 2021
VANCOUVER, British Columbia, May 05, 2021 (GLOBE NEWSWIRE) --
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or
the “Company” is pleased to receive the news announced
by its Joint Venture Partner Odyssey Gold Ltd (“ODY”)
that significant visible gold has been intersected in its
maiden diamond hole
Figure 1), a 70m step-out in the eastern extension of the developing
Bottle Dump deposit at the Tuckanarra JV Project (“Tuckanarra”)
located in the Murchison Goldfield.
Together with other results, the new finding confirms the strong
potential of the Bottle Dump trend to host high-grade gold
mineralization (For details refer to:
www.investi.com.au/api/announcements/ody/420449c6-9f8.pdf ).
Figure 1: Significant visible gold ? is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f33fad6e-54b6-4e35-8110-27a52264226f
https://stockhouse.com/news/press-releases/2021/05/05/visible-gold-at-odyssey-monument-tuckanarra-jv-project-reinforce-exploration
Odyssey Gold (ASX: ODY) - Is it the next big micro cap mover?
1,110 views•May 4, 2021
) ) 
) ) ) ) ) ) It's a great Mother ore start; ) ) ) bigone thanks; Gascoyne Up for Sale/ Murchison heats up
Gascoyne is running out of oxides for its mill and its grades
are very low.
So it recently proposed a merger with Firefox for its 196,500 ounces of
gold resources at 1.45 gms per ton.
It states the proforma enterprice value of $159 m subsequent to the
acquisition, which at 32 .8 % implies about $51 m for
Firfoxes 196,500 ounces of Indicated resource.
Thats pretty rich at $260 per ounce of gold in the ground.
But Gascoyne has to have higher grade ore to make it very ;profitable.
Today, I notice that Gascoyne received an unsolicited takeover offer
which it rejected.
Gascoyne i a former merger candidate with Monument.
So, with limited new discoveries of shallow oxides of decent grades,
Monument is well placed with its 550,000 ounces @2.05 gms per ton
https://hotcopper.com.au/threads/ann-gascoyne-and-firefly-agree-to-merger.6112580/
https://stockhouse.com/companies/bullboard?symbol=v.mmy&postid=33754326
Recent SH interview with Monument CEO
https://www.monumentmining.com/site/assets/files/4261/061721-v-mmy_editoral.pdf
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165431138
$Gold Takedown Fails As Price Of Gold Surges Another $28, Nearing $1,800 Level
https://kingworldnews.com/gold-takedown-fails-as-price-of-gold-surges-another-28-nearing-1800-level/
$Monument Mining (TSXV:MMY) begins drilling gold targets in Australia
Mining
TSXV:MMY $44.01M
Simon Druker
Markets Reporter
simon.druker@themarketherald.ca
20 July 2021 13:00 (EDT)
https://themarketherald.ca/wp-content/uploads/2021/07/shutterstock_1077511751-1-800x430.jpg
$Monument Mining's (MMY) planned exploration drilling program is now underway at its Murchison Gold Project in Western Australia
The first stage of the drill program planned for 18,000 metres and combines aircore and reverse circulation drilling
The program will test new high-quality structural targets beneath cover
Work should continue for the next six to eight months as new targets are identified and evaluated
Monument Mining is up 12.5 per cent, trading at C$0.14 at 12:21 pm ET
Monument Mining's (MMY) planned exploration drilling program is now underway at its Murchison Gold Project in Western Australia.
The first stage of the drill program is planned for 18,000 metres and combines aircore and reverse circulation drilling.
The program will test new high-quality structural targets beneath cover for potential mineralization that may lead to the identification of shallow stand-alone or satellite gold deposits.
The company hopes to supplement the current resource base at the 100-per-cent owned Burnakura gold project.
The progressive nature of the exploration program means work will continue for the next six to eight months as new targets are identified and evaluated for their potential to develop into a new satellite gold deposit.
Once the exploration program is finished, Monument will be in a position to evaluate the entire 170-square-kilometre land package of the Murchison Gold Project. At that point, the Vancouver company will determine the most logical approach in which to advance the project.
"The Monument exploration team is excited to begin drilling after extensive work to identify high quality targets at the Murchison Gold Project. The WA area has been heating up this year with a large amount of exploration work being undertaken, and we are fortunate to get started ahead of schedule having secured a drill rig," said Monument CEO and President Cathy Zhai.
$The Murchison Gold Projects comprises Burnakura, Gabanintha and Tuckanarra Joint Venture, in the Murchison area of Western Australia.
Monument Mining is up 12.5 per cent, trading at C$0.14 at 12:21 pm ET.
Stockhouse logo
Latest News
Monument Commences Drilling Gold Targets at the Murchison Gold Project
GlobeNewswire 1 day ago
Monument Completes Independent Flotation Testwork
GlobeNewswire July 6, 2021
Monument Announces Selinsing Gold Mine in Malaysia Resumes Production
GlobeNewswire July 5, 2021
Monument Announces Covid-19 National Recovery Plan in Malaysia
GlobeNewswire June 30, 2021
Monument Announces Extension to Movement Control Order in Malaysia
GlobeNewswire June 15, 2021
Monument Commences Exploration at the Murchison Gold Project
GlobeNewswire June 14, 2021
More V.MMY news on Stockhouse »
Latest Bullboard Posts
RE:RE:RE:RE:Recent SH interview with Monument CEO
nozz..... it wasn't you....it was Wayned....Richard RE:Recent SH...
5 hours ago
RE:RE:ODY Discovers Two New linked Gold Formations
I`m not sure why Odyssey share price reacts like it does when they report...
5 hours ago
RE:RE:RE:Recent SH interview with Monument CEO
I'm not called Nosepak for nothing. Lol
7 hours ago
RE:RE:Recent SH interview with Monument CEO
Funny world.... you got it, a day before it happened..... nose to the ground......
7 hours ago
Munro Bore and Banderol Fault Junction and Current Drilling
The last great discovery at Burnakura was the NOA 1-8 pits which was based on...
11 hours ago
Munro Bore…..Excerpt from 2007 Giralia Report
Estimate of Approx 15,000 ounces for two of the 4 Zones...I am not aware of...
$Recent SH interview with Monument CEO
https://www.monumentmining.com/site/assets/files/4261/061721-v-mmy_editoral.pdf
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165005641
$NEWS Monument Commences Drilling Gold Targets at the Murchison Gold Project
July 20, 2021
https://www.monumentmining.com/news-media/news/2021/monument-commences-drilling-gold-targets-at-the-murchison-gold-project/
Vancouver, B.C., July 20, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the
“Company” is pleased to announce the commencement of a planned
exploration drilling program at the Murchison Gold Project in Western
Australia.
The first stage of the drill program planned for 18,000 metres and
combines aircore (“AC”) and reverse circulation (“RC”) drilling, and is
designed to test new high quality structural targets beneath cover for
potential mineralization that may lead to the identification of shallow
stand alone or satellite gold deposits to supplement the current
resource base at the 100% owned Burnakura gold project.
The progressive nature of the exploration program at Burnakura and
Gabanintha (Figure 1) will see work continue for the next six to eight
months as new targets are identified and evaluated for their potential
to develop into a new satellite gold deposit. At the conclusion of this
exploration program Monument will be in a position to evaluate the
entire 170km2 land package of the Murchison Gold Project and determine,
in an informed manner, the most logical approach in which to advance
the project.
Figure 1: Murchison Gold Project Geology Map showing Burnakura and Gabanintha tenements
https://www.monumentmining.com/news-media/news/2021/monuent-commences-drilling-gold-targets-at-the-murchison-gold-project/
$bigone thanks; Golden cross forms in gold’s chart
Posted on July 8, 2021 by Opinion
MarketWatch/Mark DeCambre/7-6-2021
Gold Price
(Gold price, 50-day and 200-day moving averages)
Overlay chart showing the 50-day and 200-day averages crossing –
a TI bulliish indicator
$bigone thanks; well MMY starting to wakeUP with a lot of great NEWS
after an 8 year long downturn bear trend of gold market -
MMY's 1st bulltrend 2009-11 was strong an if 2nd bulltrend starting....
let's hope it be stronger :))
$NEWS Monument Completes Independent Flotation Testwork
July 6, 2021
Vancouver, B.C., July 6, 2021,
https://www.monumentmining.com/news-media/news/2021/monument-completes-independent-flotation-testwork/
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or
the “Company”) is pleased to announce that the independent flotation
testwork undertaken at Bureau Veritas Laboratory (“BV”) in Perth has
successfully replicated the positive results achieved by the on-site
metallurgical laboratory to produce a marketable gold concentrate at
the Selinsing Gold Mine.
CEO and President Cathy Zhai commented: “We are very pleased with the test results that are a milestone step in achieving a sustainable cash supply from our Selinsing gold sulphide inventory by the sale of a sulphide concentrate produced through the planned flotation plant to third parties. The Phase II plant upgrade may follow to construct a BIOX-leaching circuit if deemed economically viable to treat both the Selinsing concentrates and third party concentrates on-site in order to further enhance the revenue level. Our new business model of expanding operations into treating third parties concentrates through a planned BIOX®-leaching circuit continues to be assessed.”
She further added: “We have noted that the recent announcements of tighter Chinese import restriction for the arsenic levels in gold concentrates imply that a number of producers of complex gold concentrates that currently sell into China will be looking for new off-take partners. Consequentially Selinsing’s proposed BIOX® plant could be their new home.”
Flotation Testwork Results Highlights
Gold concentrate produced from fresh sulphide ore contains an average 34g/t of gold from BV testwork, compared to 33.1g/t of gold from the on-site Selinsing testwork;
Gold concentrate produced from transition sulphide ore contains an average 42.5g/t of gold from BV testwork compared to 31.7g/t of gold from the on-site Selinsing testwork;
The arsenic (“As)” contained in gold concentrates was achieved at an average of 5.1% for fresh and 7.0% for transition ores close to the 8% limit that initially set for the testwork program. It can be lowered to 3.5% through concentrate blending.
Final concentrate grades showed elevated antimony (“Sb”) grades in the fresh material (5.7 – 13.3% Sb), but less than 0.2% Sb in the transition ores.
Orway Mineral Consultants (“OMC”) was engaged by the Company to modify the flotation conceptual engineering design that was reported in the Snowden feasibility study in February 2019, in order to produce gold concentrates as a final product for sale instead of a mid-product for further bio-leach treatment to accommodate a two stage approach Sulphide treatment plant expansion strategy.
The independent testwork was carried out from February to May 2021 in Perth, Australia through Bureau Veritas Laboratory (“BV Lab”) under OMC’s supervision. The aim of this testwork was to independently verify the process parameters developed by the on-site laboratory through extensive testwork. Based on the test results, the optimized flotation conceptual engineering design was completed by OMC in June 2021 under the “Sulphide Flotation Circuit Design - Selinsing Gold Project”, including flotation testwork parameters, process design criteria, circuit modelling, engineering design brief and consumables estimates.
Flotation Testwork Parameters
Diamond drilling was conducted at Buffalo Reef pits BRC2, BRC3, BRC4 and BR North to provide samples. BV Lab testwork was designed to ensure repeatability of the on-site testwork and all flotation tests were carried out in duplicate.
The BV Lab testwork has proved that the Selinsing onsite laboratory test results are repeatable in a commercial lab for Fresh and Transition ore (Table 1. Summary of the BV Lab results), and the onsite laboratory recovery numbers can be used by OMC with reasonable confidence for engineering design (refer to news release dated April 27, 2021 “Monument Commences Flotation Plant Work at Selinsing”).
Table 1: Summary of the BV Lab results
https://www.monumentmining.com/news-media/news/2021/monument-completes-independent-flotation-testwork/
$MMY NEWS Monument Announces Selinsing Gold Mine in Malaysia Resumes Production
July 5, 2021
Vancouver, B.C., July 5, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or
the “Company”) announces that the Malaysia authorities have
transitioned the movement control order (“MCO”) in five states into
Phase 2 effective July 5, 2021 under the National Recovery Plan,
including Pahang State.
Under the Phase 2, Selinsing Gold Mine is now back to production
with up to 80% employees being allowed working at the site.
Employers must ensure physical distancing and adherence to
the standard operating procedures at all times.
CEO and President Cathy Zhai said: “The production starts to be
resumed at Selinsing Gold Mine according to our recovery plan.
We will be closely monitoring the Covid status and put employees’
safety as priority.”
About Monument
Monument Mining Limited (TSX-V: MMY, FSE:D7Q1) is an established
Canadian gold producer that owns and operates
The Selinsing Gold Mine in Malaysia.
Its experienced management team is committed to growth and is also
advancing the Murchison Gold Projects
comprising Burnakura, Gabanintha and
Tuckanarra JV (20% interest) in the Murchison area of Western A
Australia.
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.
Cathy Zhai, President and CEO
Monument Mining Limited
Suite 1580 -1100 Melville Street
Vancouver, BC V6E 4A6
FOR FURTHER INFORMATION visit the company web site at http://www.monumentmining.com
or contact:
Richard Cushing, MMY Vancouver
T: +1-604-638-1661 x102
rcushing@monumentmining.com
https://www.monumentmining.com/news-media/photo-gallery/
https://www.monumentmining.com/news-media/news/2021/monument-announces-selinsing-gold-mine-in-malaysia-resumes-production/
“Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.”
$tsoprano-1 welcome to Monument Mining (TSXV:MMY) My Friend -
Good to see you @ MMY )
I think Goldbull MMY will do very well - )
MMY is very oversold and undervalued,
Imo!
Joint Venture partner ODY finds more Visible Gold at Stakewell )
Also excellent grades from additional Tuckanara drilling....
https://www.listcorp.com/asx/ody/odyssey-gold-limited/news/new-discovery-and-drilling-enhance-murchison-gold-projects-2545483.html
$Money once again flowing into gold mining producers -
The IT and Crypto sectors have now topped and that cash is now looking
for the next hot sector.
That sector is now gold.
On Friday, reviewing analyst rating changes on my Investment House
daily report, I found that almost all of the covered gold stocks were
rated Outperform.
I have never seen such a rapid and universal alteration in gold ratings
in my investment career which goes back decades.
So, we are looking at a revival of investment dollars into gold and gold
mines stocks.
We have a huge amount of material and development news pending release
in the near future.
$Considering this along with increased investment flows into Gold, its a
fair bet that we will exit June above $0.30 + + + + )
Throughout the summer, we will see sequential releases of Murchison
drilling results along with development news at Peranghi, processing of
Colombian concentrate, construction progress of the Floatation plant
and other new developments currently under consideration.
If all goes according to form, we have an excellent chance of exiting
summer above $0.60 + + + + )
Even at that price, we will still be very undervalued bargain....
IMO! nozzpack
$bigone thanks; In December 2020, Monument Mining Ltd. made an Joint
Venture agreement with Odyssey Gold Ltd.
MMY got a 20% free carried interest (not need to pay any cost of
exploration drilling etc. up to
the project are ready for gold milling, processing etc.)
MMY also got a 1% NSR royalty over Odyssey’s 80% interest in the
property.
Ody got 80% interest in MMY's Tuckanarra Gold project to carry out
all needed exploration, drilling, feasibility study etc.
Odyssey Gold Ltd., leaving Monument with a 20% free carried interest
and a 1% NSR royalty over Odyssey’s 80% interest in the property.
An unincorporated joint venture was formed with Odyssey to advance
the exploration over Tuckanarra.
Odyssey will be solely responsible for funding the exploration and
evaluation activities at Tuckanarra until a decision to mine is
reached.
The future processing of ore from tenements held by Odyssey
through the Monuments Mining Ltd's Burnakura plant remains
an option should maybe if commercial
terms be reached!?
$Visible Gold at Odyssey/Monument Tuckanarra JointVenture Project
Reinforce Exploration Targeting at Murchison Gold Project
MMY | May 5, 2021
VANCOUVER, British Columbia, May 05, 2021 (GLOBE NEWSWIRE) --
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or
the “Company” is pleased to receive the news announced
by its Joint Venture Partner Odyssey Gold Ltd (“ODY”)
that significant visible gold has been intersected in its
maiden diamond hole
Figure 1), a 70m step-out in the eastern extension of the developing
Bottle Dump deposit at the Tuckanarra JV Project (“Tuckanarra”)
located in the Murchison Goldfield.
Together with other results, the new finding confirms the strong
potential of the Bottle Dump trend to host high-grade gold
mineralization (For details refer to:
www.investi.com.au/api/announcements/ody/420449c6-9f8.pdf ).
Figure 1: Significant visible gold ? is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f33fad6e-54b6-4e35-8110-27a52264226f
https://stockhouse.com/news/press-releases/2021/05/05/visible-gold-at-odyssey-monument-tuckanarra-jv-project-reinforce-exploration
Odyssey Gold (ASX: ODY) - Is it the next big micro cap mover?
1,110 views•May 4, 2021
) ) ) ) ) ) ) ) It's a great Mother ore start; ) ) ) $Gold Takedown Fails As Price Of Gold Surges Another $28, Nearing $1,800 Level
https://kingworldnews.com/gold-takedown-fails-as-price-of-gold-surges-another-28-nearing-1800-level/
$Monument Mining (TSXV:MMY) begins drilling gold targets in Australia
Mining
TSXV:MMY $44.01M
Simon Druker
Markets Reporter
simon.druker@themarketherald.ca
20 July 2021 13:00 (EDT)
https://themarketherald.ca/wp-content/uploads/2021/07/shutterstock_1077511751-1-800x430.jpg
$Monument Mining's (MMY) planned exploration drilling program is now underway at its Murchison Gold Project in Western Australia
The first stage of the drill program planned for 18,000 metres and combines aircore and reverse circulation drilling
The program will test new high-quality structural targets beneath cover
Work should continue for the next six to eight months as new targets are identified and evaluated
Monument Mining is up 12.5 per cent, trading at C$0.14 at 12:21 pm ET
Monument Mining's (MMY) planned exploration drilling program is now underway at its Murchison Gold Project in Western Australia.
The first stage of the drill program is planned for 18,000 metres and combines aircore and reverse circulation drilling.
The program will test new high-quality structural targets beneath cover for potential mineralization that may lead to the identification of shallow stand-alone or satellite gold deposits.
The company hopes to supplement the current resource base at the 100-per-cent owned Burnakura gold project.
The progressive nature of the exploration program means work will continue for the next six to eight months as new targets are identified and evaluated for their potential to develop into a new satellite gold deposit.
Once the exploration program is finished, Monument will be in a position to evaluate the entire 170-square-kilometre land package of the Murchison Gold Project. At that point, the Vancouver company will determine the most logical approach in which to advance the project.
"The Monument exploration team is excited to begin drilling after extensive work to identify high quality targets at the Murchison Gold Project. The WA area has been heating up this year with a large amount of exploration work being undertaken, and we are fortunate to get started ahead of schedule having secured a drill rig," said Monument CEO and President Cathy Zhai.
$The Murchison Gold Projects comprises Burnakura, Gabanintha and Tuckanarra Joint Venture, in the Murchison area of Western Australia.
Monument Mining is up 12.5 per cent, trading at C$0.14 at 12:21 pm ET.
Stockhouse logo
Latest News
Monument Commences Drilling Gold Targets at the Murchison Gold Project
GlobeNewswire 1 day ago
Monument Completes Independent Flotation Testwork
GlobeNewswire July 6, 2021
Monument Announces Selinsing Gold Mine in Malaysia Resumes Production
GlobeNewswire July 5, 2021
Monument Announces Covid-19 National Recovery Plan in Malaysia
GlobeNewswire June 30, 2021
Monument Announces Extension to Movement Control Order in Malaysia
GlobeNewswire June 15, 2021
Monument Commences Exploration at the Murchison Gold Project
GlobeNewswire June 14, 2021
More V.MMY news on Stockhouse »
Latest Bullboard Posts
RE:RE:RE:RE:Recent SH interview with Monument CEO
nozz..... it wasn't you....it was Wayned....Richard RE:Recent SH...
5 hours ago
RE:RE:ODY Discovers Two New linked Gold Formations
I`m not sure why Odyssey share price reacts like it does when they report...
5 hours ago
RE:RE:RE:Recent SH interview with Monument CEO
I'm not called Nosepak for nothing. Lol
7 hours ago
RE:RE:Recent SH interview with Monument CEO
Funny world.... you got it, a day before it happened..... nose to the ground......
7 hours ago
Munro Bore and Banderol Fault Junction and Current Drilling
The last great discovery at Burnakura was the NOA 1-8 pits which was based on...
11 hours ago
Munro Bore…..Excerpt from 2007 Giralia Report
Estimate of Approx 15,000 ounces for two of the 4 Zones...I am not aware of...
$Recent SH interview with Monument CEO
https://www.monumentmining.com/site/assets/files/4261/061721-v-mmy_editoral.pdf
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165005641
$NEWS Monument Commences Drilling Gold Targets at the Murchison Gold Project
July 20, 2021
https://www.monumentmining.com/news-media/news/2021/monument-commences-drilling-gold-targets-at-the-murchison-gold-project/
Vancouver, B.C., July 20, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the
“Company” is pleased to announce the commencement of a planned
exploration drilling program at the Murchison Gold Project in Western
Australia.
The first stage of the drill program planned for 18,000 metres and
combines aircore (“AC”) and reverse circulation (“RC”) drilling, and is
designed to test new high quality structural targets beneath cover for
potential mineralization that may lead to the identification of shallow
stand alone or satellite gold deposits to supplement the current
resource base at the 100% owned Burnakura gold project.
The progressive nature of the exploration program at Burnakura and
Gabanintha (Figure 1) will see work continue for the next six to eight
months as new targets are identified and evaluated for their potential
to develop into a new satellite gold deposit. At the conclusion of this
exploration program Monument will be in a position to evaluate the
entire 170km2 land package of the Murchison Gold Project and determine,
in an informed manner, the most logical approach in which to advance
the project.
Figure 1: Murchison Gold Project Geology Map showing Burnakura and Gabanintha tenements
https://www.monumentmining.com/news-media/news/2021/monuent-commences-drilling-gold-targets-at-the-murchison-gold-project/
$bigone thanks; Golden cross forms in gold’s chart
Posted on July 8, 2021 by Opinion
MarketWatch/Mark DeCambre/7-6-2021
Gold Price
(Gold price, 50-day and 200-day moving averages)
Overlay chart showing the 50-day and 200-day averages crossing –
a TI bulliish indicator
$bigone thanks; well MMY starting to wakeUP with a lot of great NEWS
after an 8 year long downturn bear trend of gold market -
MMY's 1st bulltrend 2009-11 was strong an if 2nd bulltrend starting....
let's hope it be stronger :))
$NEWS Monument Completes Independent Flotation Testwork
July 6, 2021
Vancouver, B.C., July 6, 2021,
https://www.monumentmining.com/news-media/news/2021/monument-completes-independent-flotation-testwork/
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or
the “Company”) is pleased to announce that the independent flotation
testwork undertaken at Bureau Veritas Laboratory (“BV”) in Perth has
successfully replicated the positive results achieved by the on-site
metallurgical laboratory to produce a marketable gold concentrate at
the Selinsing Gold Mine.
CEO and President Cathy Zhai commented: “We are very pleased with the test results that are a milestone step in achieving a sustainable cash supply from our Selinsing gold sulphide inventory by the sale of a sulphide concentrate produced through the planned flotation plant to third parties. The Phase II plant upgrade may follow to construct a BIOX-leaching circuit if deemed economically viable to treat both the Selinsing concentrates and third party concentrates on-site in order to further enhance the revenue level. Our new business model of expanding operations into treating third parties concentrates through a planned BIOX®-leaching circuit continues to be assessed.”
She further added: “We have noted that the recent announcements of tighter Chinese import restriction for the arsenic levels in gold concentrates imply that a number of producers of complex gold concentrates that currently sell into China will be looking for new off-take partners. Consequentially Selinsing’s proposed BIOX® plant could be their new home.”
Flotation Testwork Results Highlights
Gold concentrate produced from fresh sulphide ore contains an average 34g/t of gold from BV testwork, compared to 33.1g/t of gold from the on-site Selinsing testwork;
Gold concentrate produced from transition sulphide ore contains an average 42.5g/t of gold from BV testwork compared to 31.7g/t of gold from the on-site Selinsing testwork;
The arsenic (“As)” contained in gold concentrates was achieved at an average of 5.1% for fresh and 7.0% for transition ores close to the 8% limit that initially set for the testwork program. It can be lowered to 3.5% through concentrate blending.
Final concentrate grades showed elevated antimony (“Sb”) grades in the fresh material (5.7 – 13.3% Sb), but less than 0.2% Sb in the transition ores.
Orway Mineral Consultants (“OMC”) was engaged by the Company to modify the flotation conceptual engineering design that was reported in the Snowden feasibility study in February 2019, in order to produce gold concentrates as a final product for sale instead of a mid-product for further bio-leach treatment to accommodate a two stage approach Sulphide treatment plant expansion strategy.
The independent testwork was carried out from February to May 2021 in Perth, Australia through Bureau Veritas Laboratory (“BV Lab”) under OMC’s supervision. The aim of this testwork was to independently verify the process parameters developed by the on-site laboratory through extensive testwork. Based on the test results, the optimized flotation conceptual engineering design was completed by OMC in June 2021 under the “Sulphide Flotation Circuit Design - Selinsing Gold Project”, including flotation testwork parameters, process design criteria, circuit modelling, engineering design brief and consumables estimates.
Flotation Testwork Parameters
Diamond drilling was conducted at Buffalo Reef pits BRC2, BRC3, BRC4 and BR North to provide samples. BV Lab testwork was designed to ensure repeatability of the on-site testwork and all flotation tests were carried out in duplicate.
The BV Lab testwork has proved that the Selinsing onsite laboratory test results are repeatable in a commercial lab for Fresh and Transition ore (Table 1. Summary of the BV Lab results), and the onsite laboratory recovery numbers can be used by OMC with reasonable confidence for engineering design (refer to news release dated April 27, 2021 “Monument Commences Flotation Plant Work at Selinsing”).
Table 1: Summary of the BV Lab results
https://www.monumentmining.com/news-media/news/2021/monument-completes-independent-flotation-testwork/
$MMY NEWS Monument Announces Selinsing Gold Mine in Malaysia Resumes Production
July 5, 2021
Vancouver, B.C., July 5, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or
the “Company”) announces that the Malaysia authorities have
transitioned the movement control order (“MCO”) in five states into
Phase 2 effective July 5, 2021 under the National Recovery Plan,
including Pahang State.
Under the Phase 2, Selinsing Gold Mine is now back to production
with up to 80% employees being allowed working at the site.
Employers must ensure physical distancing and adherence to
the standard operating procedures at all times.
CEO and President Cathy Zhai said: “The production starts to be
resumed at Selinsing Gold Mine according to our recovery plan.
We will be closely monitoring the Covid status and put employees’
safety as priority.”
About Monument
Monument Mining Limited (TSX-V: MMY, FSE:D7Q1) is an established
Canadian gold producer that owns and operates
The Selinsing Gold Mine in Malaysia.
Its experienced management team is committed to growth and is also
advancing the Murchison Gold Projects
comprising Burnakura, Gabanintha and
Tuckanarra JV (20% interest) in the Murchison area of Western A
Australia.
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.
Cathy Zhai, President and CEO
Monument Mining Limited
Suite 1580 -1100 Melville Street
Vancouver, BC V6E 4A6
FOR FURTHER INFORMATION visit the company web site at http://www.monumentmining.com
or contact:
Richard Cushing, MMY Vancouver
T: +1-604-638-1661 x102
rcushing@monumentmining.com
https://www.monumentmining.com/news-media/photo-gallery/
https://www.monumentmining.com/news-media/news/2021/monument-announces-selinsing-gold-mine-in-malaysia-resumes-production/
“Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.”
$tsoprano-1 welcome to Monument Mining (TSXV:MMY) My Friend -
Good to see you @ MMY )
I think Goldbull MMY will do very well - )
MMY is very oversold and undervalued,
Imo!
Joint Venture partner ODY finds more Visible Gold at Stakewell )
Also excellent grades from additional Tuckanara drilling....
https://www.listcorp.com/asx/ody/odyssey-gold-limited/news/new-discovery-and-drilling-enhance-murchison-gold-projects-2545483.html
$Money once again flowing into gold mining producers -
The IT and Crypto sectors have now topped and that cash is now looking
for the next hot sector.
That sector is now gold.
On Friday, reviewing analyst rating changes on my Investment House
daily report, I found that almost all of the covered gold stocks were
rated Outperform.
I have never seen such a rapid and universal alteration in gold ratings
in my investment career which goes back decades.
So, we are looking at a revival of investment dollars into gold and gold
mines stocks.
We have a huge amount of material and development news pending release
in the near future.
$Considering this along with increased investment flows into Gold, its a
fair bet that we will exit June above $0.30 + + + + )
Throughout the summer, we will see sequential releases of Murchison
drilling results along with development news at Peranghi, processing of
Colombian concentrate, construction progress of the Floatation plant
and other new developments currently under consideration.
If all goes according to form, we have an excellent chance of exiting
summer above $0.60 + + + + )
Even at that price, we will still be very undervalued bargain....
IMO! nozzpack
$bigone thanks; In December 2020, Monument Mining Ltd. made an Joint
Venture agreement with Odyssey Gold Ltd.
MMY got a 20% free carried interest (not need to pay any cost of
exploration drilling etc. up to
the project are ready for gold milling, processing etc.)
MMY also got a 1% NSR royalty over Odyssey’s 80% interest in the
property.
Ody got 80% interest in MMY's Tuckanarra Gold project to carry out
all needed exploration, drilling, feasibility study etc.
Odyssey Gold Ltd., leaving Monument with a 20% free carried interest
and a 1% NSR royalty over Odyssey’s 80% interest in the property.
An unincorporated joint venture was formed with Odyssey to advance
the exploration over Tuckanarra.
Odyssey will be solely responsible for funding the exploration and
evaluation activities at Tuckanarra until a decision to mine is
reached.
The future processing of ore from tenements held by Odyssey
through the Monuments Mining Ltd's Burnakura plant remains
an option should maybe if commercial
terms be reached!?
$Visible Gold at Odyssey/Monument Tuckanarra JointVenture Project
Reinforce Exploration Targeting at Murchison Gold Project
MMY | May 5, 2021
VANCOUVER, British Columbia, May 05, 2021 (GLOBE NEWSWIRE) --
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or
the “Company” is pleased to receive the news announced
by its Joint Venture Partner Odyssey Gold Ltd (“ODY”)
that significant visible gold has been intersected in its
maiden diamond hole
Figure 1), a 70m step-out in the eastern extension of the developing
Bottle Dump deposit at the Tuckanarra JV Project (“Tuckanarra”)
located in the Murchison Goldfield.
Together with other results, the new finding confirms the strong
potential of the Bottle Dump trend to host high-grade gold
mineralization (For details refer to:
www.investi.com.au/api/announcements/ody/420449c6-9f8.pdf ).
Figure 1: Significant visible gold ? is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f33fad6e-54b6-4e35-8110-27a52264226f
https://stockhouse.com/news/press-releases/2021/05/05/visible-gold-at-odyssey-monument-tuckanarra-jv-project-reinforce-exploration
Odyssey Gold (ASX: ODY) - Is it the next big micro cap mover?
1,110 views•May 4, 2021
) ) ) ) ) ) ) ) It's a great Mother ore start; ) ) ) Commodities Super-Cycle ?
7 sessions earlier
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=gc00&x=72&y=14&time=100&startdate=2%2F1%2F2020&enddate=8%2F23%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
YEST.
Dollar is tanking....because of the FED ?
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=usdcad&x=54&y=15&time=100&startdate=1%2F1%2F2020&enddate=8%2F23%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
Had sure SENSED that the 1.25 was quite sig.
Market's also trading some Euro resistance.....
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=usdeur&x=0&y=0&time=100&startdate=1%2F1%2F2020&enddate=8%2F23%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
$bigone; Last Time This Happened Gold Price Soared 25X And Silver Skyrocketed
38X, But Here Is Another Bullish Surprise
July 27, 2021
$The last time this happened the price of gold soared 25X and silver
skyrocketed 38X, but here is another bullish surprise.
A Copper Bullish Surprise
July 27 (King World News) –
Gianni Kovacevic: Copper warehouse levels Shanghai Futures Exchange:
January 2018 to Summer 2021 (see chart below).
Copper Warehouse Levels Plummeted In Shanghai!
Copper Getting Ready To Takeoff
Meanwhile… the past few months speculators lost interest in the red
metal… but the price stayed well above $4 bucks. What happens next?
Stay tuned for the next exciting episode of copper decoupling from oil
(see chart below).
Copper Long Positions (RED) Have Been Liquidated
https://kingworldnews.com/last-time-this-happened-gold-price-soared-25x-and-silver-skyrocketed-38x/
$Monument Mining (TSXV:MMY) begins drilling gold targets in Australia
Mining
TSXV:MMY $44.01M
Simon Druker
Markets Reporter
simon.druker@themarketherald.ca
20 July 2021 13:00 (EDT)
https://themarketherald.ca/wp-content/uploads/2021/07/shutterstock_1077511751-1-800x430.jpg
$Monument Mining's (MMY) planned exploration drilling program is now underway at its Murchison Gold Project in Western Australia
The first stage of the drill program planned for 18,000 metres and combines aircore and reverse circulation drilling
The program will test new high-quality structural targets beneath cover
Work should continue for the next six to eight months as new targets are identified and evaluated
Monument Mining is up 12.5 per cent, trading at C$0.14 at 12:21 pm ET
Monument Mining's (MMY) planned exploration drilling program is now underway at its Murchison Gold Project in Western Australia.
The first stage of the drill program is planned for 18,000 metres and combines aircore and reverse circulation drilling.
The program will test new high-quality structural targets beneath cover for potential mineralization that may lead to the identification of shallow stand-alone or satellite gold deposits.
The company hopes to supplement the current resource base at the 100-per-cent owned Burnakura gold project.
The progressive nature of the exploration program means work will continue for the next six to eight months as new targets are identified and evaluated for their potential to develop into a new satellite gold deposit.
Once the exploration program is finished, Monument will be in a position to evaluate the entire 170-square-kilometre land package of the Murchison Gold Project. At that point, the Vancouver company will determine the most logical approach in which to advance the project.
"The Monument exploration team is excited to begin drilling after extensive work to identify high quality targets at the Murchison Gold Project. The WA area has been heating up this year with a large amount of exploration work being undertaken, and we are fortunate to get started ahead of schedule having secured a drill rig," said Monument CEO and President Cathy Zhai.
The Murchison Gold Projects comprises Burnakura, Gabanintha and Tuckanarra Joint Venture, in the Murchison area of Western Australia.
Monument Mining is up 12.5 per cent, trading at C$0.14 at 12:21 pm ET.
Stockhouse logo
Latest News
Monument Commences Drilling Gold Targets at the Murchison Gold Project
GlobeNewswire 1 day ago
Monument Completes Independent Flotation Testwork
GlobeNewswire July 6, 2021
Monument Announces Selinsing Gold Mine in Malaysia Resumes Production
GlobeNewswire July 5, 2021
Monument Announces Covid-19 National Recovery Plan in Malaysia
GlobeNewswire June 30, 2021
Monument Announces Extension to Movement Control Order in Malaysia
GlobeNewswire June 15, 2021
Monument Commences Exploration at the Murchison Gold Project
GlobeNewswire June 14, 2021
More V.MMY news on Stockhouse »
Latest Bullboard Posts
RE:RE:RE:RE:Recent SH interview with Monument CEO
nozz..... it wasn't you....it was Wayned....Richard RE:Recent SH...
5 hours ago
RE:RE:ODY Discovers Two New linked Gold Formations
I`m not sure why Odyssey share price reacts like it does when they report...
5 hours ago
RE:RE:RE:Recent SH interview with Monument CEO
I'm not called Nosepak for nothing. Lol
7 hours ago
RE:RE:Recent SH interview with Monument CEO
Funny world.... you got it, a day before it happened..... nose to the ground......
7 hours ago
Munro Bore and Banderol Fault Junction and Current Drilling
The last great discovery at Burnakura was the NOA 1-8 pits which was based on...
11 hours ago
Munro Bore…..Excerpt from 2007 Giralia Report
Estimate of Approx 15,000 ounces for two of the 4 Zones...I am not aware of...
$Recent SH interview with Monument CEO
https://www.monumentmining.com/site/assets/files/4261/061721-v-mmy_editoral.pdf
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165005641
$NEWS Monument Commences Drilling Gold Targets at the Murchison Gold Project
July 20, 2021
https://www.monumentmining.com/news-media/news/2021/monument-commences-drilling-gold-targets-at-the-murchison-gold-project/
Vancouver, B.C., July 20, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the
“Company” is pleased to announce the commencement of a planned
exploration drilling program at the Murchison Gold Project in Western
Australia.
The first stage of the drill program planned for 18,000 metres and
combines aircore (“AC”) and reverse circulation (“RC”) drilling, and is
designed to test new high quality structural targets beneath cover for
potential mineralization that may lead to the identification of shallow
stand alone or satellite gold deposits to supplement the current
resource base at the 100% owned Burnakura gold project.
The progressive nature of the exploration program at Burnakura and
Gabanintha (Figure 1) will see work continue for the next six to eight
months as new targets are identified and evaluated for their potential
to develop into a new satellite gold deposit. At the conclusion of this
exploration program Monument will be in a position to evaluate the
entire 170km2 land package of the Murchison Gold Project and determine,
in an informed manner, the most logical approach in which to advance
the project.
Figure 1: Murchison Gold Project Geology Map showing Burnakura and Gabanintha tenements
https://www.monumentmining.com/news-media/news/2021/monuent-commences-drilling-gold-targets-at-the-murchison-gold-project/
$bigone thanks; Golden cross forms in gold’s chart
Posted on July 8, 2021 by Opinion
MarketWatch/Mark DeCambre/7-6-2021
Gold Price
(Gold price, 50-day and 200-day moving averages)
Overlay chart showing the 50-day and 200-day averages crossing –
a TI bulliish indicator
$bigone thanks; well MMY starting to wakeUP with a lot of great NEWS
after an 8 year long downturn bear trend of gold market -
MMY's 1st bulltrend 2009-11 was strong an if 2nd bulltrend starting....
let's hope it be stronger :))
$NEWS Monument Completes Independent Flotation Testwork
July 6, 2021
Vancouver, B.C., July 6, 2021,
https://www.monumentmining.com/news-media/news/2021/monument-completes-independent-flotation-testwork/
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or
the “Company”) is pleased to announce that the independent flotation
testwork undertaken at Bureau Veritas Laboratory (“BV”) in Perth has
successfully replicated the positive results achieved by the on-site
metallurgical laboratory to produce a marketable gold concentrate at
the Selinsing Gold Mine.
CEO and President Cathy Zhai commented: “We are very pleased with the test results that are a milestone step in achieving a sustainable cash supply from our Selinsing gold sulphide inventory by the sale of a sulphide concentrate produced through the planned flotation plant to third parties. The Phase II plant upgrade may follow to construct a BIOX-leaching circuit if deemed economically viable to treat both the Selinsing concentrates and third party concentrates on-site in order to further enhance the revenue level. Our new business model of expanding operations into treating third parties concentrates through a planned BIOX®-leaching circuit continues to be assessed.”
She further added: “We have noted that the recent announcements of tighter Chinese import restriction for the arsenic levels in gold concentrates imply that a number of producers of complex gold concentrates that currently sell into China will be looking for new off-take partners. Consequentially Selinsing’s proposed BIOX® plant could be their new home.”
Flotation Testwork Results Highlights
Gold concentrate produced from fresh sulphide ore contains an average 34g/t of gold from BV testwork, compared to 33.1g/t of gold from the on-site Selinsing testwork;
Gold concentrate produced from transition sulphide ore contains an average 42.5g/t of gold from BV testwork compared to 31.7g/t of gold from the on-site Selinsing testwork;
The arsenic (“As)” contained in gold concentrates was achieved at an average of 5.1% for fresh and 7.0% for transition ores close to the 8% limit that initially set for the testwork program. It can be lowered to 3.5% through concentrate blending.
Final concentrate grades showed elevated antimony (“Sb”) grades in the fresh material (5.7 – 13.3% Sb), but less than 0.2% Sb in the transition ores.
Orway Mineral Consultants (“OMC”) was engaged by the Company to modify the flotation conceptual engineering design that was reported in the Snowden feasibility study in February 2019, in order to produce gold concentrates as a final product for sale instead of a mid-product for further bio-leach treatment to accommodate a two stage approach Sulphide treatment plant expansion strategy.
The independent testwork was carried out from February to May 2021 in Perth, Australia through Bureau Veritas Laboratory (“BV Lab”) under OMC’s supervision. The aim of this testwork was to independently verify the process parameters developed by the on-site laboratory through extensive testwork. Based on the test results, the optimized flotation conceptual engineering design was completed by OMC in June 2021 under the “Sulphide Flotation Circuit Design - Selinsing Gold Project”, including flotation testwork parameters, process design criteria, circuit modelling, engineering design brief and consumables estimates.
Flotation Testwork Parameters
Diamond drilling was conducted at Buffalo Reef pits BRC2, BRC3, BRC4 and BR North to provide samples. BV Lab testwork was designed to ensure repeatability of the on-site testwork and all flotation tests were carried out in duplicate.
The BV Lab testwork has proved that the Selinsing onsite laboratory test results are repeatable in a commercial lab for Fresh and Transition ore (Table 1. Summary of the BV Lab results), and the onsite laboratory recovery numbers can be used by OMC with reasonable confidence for engineering design (refer to news release dated April 27, 2021 “Monument Commences Flotation Plant Work at Selinsing”).
Table 1: Summary of the BV Lab results
https://www.monumentmining.com/news-media/news/2021/monument-completes-independent-flotation-testwork/
$MMY NEWS Monument Announces Selinsing Gold Mine in Malaysia Resumes Production
July 5, 2021
Vancouver, B.C., July 5, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or
the “Company”) announces that the Malaysia authorities have
transitioned the movement control order (“MCO”) in five states into
Phase 2 effective July 5, 2021 under the National Recovery Plan,
including Pahang State.
Under the Phase 2, Selinsing Gold Mine is now back to production
with up to 80% employees being allowed working at the site.
Employers must ensure physical distancing and adherence to
the standard operating procedures at all times.
CEO and President Cathy Zhai said: “The production starts to be
resumed at Selinsing Gold Mine according to our recovery plan.
We will be closely monitoring the Covid status and put employees’
safety as priority.”
About Monument
Monument Mining Limited (TSX-V: MMY, FSE:D7Q1) is an established
Canadian gold producer that owns and operates
The Selinsing Gold Mine in Malaysia.
Its experienced management team is committed to growth and is also
advancing the Murchison Gold Projects
comprising Burnakura, Gabanintha and
Tuckanarra JV (20% interest) in the Murchison area of Western A
Australia.
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.
Cathy Zhai, President and CEO
Monument Mining Limited
Suite 1580 -1100 Melville Street
Vancouver, BC V6E 4A6
FOR FURTHER INFORMATION visit the company web site at http://www.monumentmining.com
or contact:
Richard Cushing, MMY Vancouver
T: +1-604-638-1661 x102
rcushing@monumentmining.com
https://www.monumentmining.com/news-media/photo-gallery/
https://www.monumentmining.com/news-media/news/2021/monument-announces-selinsing-gold-mine-in-malaysia-resumes-production/
“Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.”
$tsoprano-1 welcome to Monument Mining (TSXV:MMY) My Friend -
Good to see you @ MMY )
I think Goldbull MMY will do very well - )
MMY is very oversold and undervalued,
Imo!
Joint Venture partner ODY finds more Visible Gold at Stakewell )
Also excellent grades from additional Tuckanara drilling....
https://www.listcorp.com/asx/ody/odyssey-gold-limited/news/new-discovery-and-drilling-enhance-murchison-gold-projects-2545483.html
$Money once again flowing into gold mining producers -
The IT and Crypto sectors have now topped and that cash is now looking
for the next hot sector.
That sector is now gold.
On Friday, reviewing analyst rating changes on my Investment House
daily report, I found that almost all of the covered gold stocks were
rated Outperform.
I have never seen such a rapid and universal alteration in gold ratings
in my investment career which goes back decades.
So, we are looking at a revival of investment dollars into gold and gold
mines stocks.
We have a huge amount of material and development news pending release
in the near future.
$Considering this along with increased investment flows into Gold, its a
fair bet that we will exit June above $0.30 + + + + )
Throughout the summer, we will see sequential releases of Murchison
drilling results along with development news at Peranghi, processing of
Colombian concentrate, construction progress of the Floatation plant
and other new developments currently under consideration.
If all goes according to form, we have an excellent chance of exiting
summer above $0.60 + + + + )
Even at that price, we will still be very undervalued bargain....
IMO! nozzpack
$bigone thanks; In December 2020, Monument Mining Ltd. made an Joint
Venture agreement with Odyssey Gold Ltd.
MMY got a 20% free carried interest (not need to pay any cost of
exploration drilling etc. up to
the project are ready for gold milling, processing etc.)
MMY also got a 1% NSR royalty over Odyssey’s 80% interest in the
property.
Ody got 80% interest in MMY's Tuckanarra Gold project to carry out
all needed exploration, drilling, feasibility study etc.
Odyssey Gold Ltd., leaving Monument with a 20% free carried interest
and a 1% NSR royalty over Odyssey’s 80% interest in the property.
An unincorporated joint venture was formed with Odyssey to advance
the exploration over Tuckanarra.
Odyssey will be solely responsible for funding the exploration and
evaluation activities at Tuckanarra until a decision to mine is
reached.
The future processing of ore from tenements held by Odyssey
through the Monuments Mining Ltd's Burnakura plant remains
an option should maybe if commercial
terms be reached!?
$Visible Gold at Odyssey/Monument Tuckanarra JointVenture Project
Reinforce Exploration Targeting at Murchison Gold Project
MMY | May 5, 2021
VANCOUVER, British Columbia, May 05, 2021 (GLOBE NEWSWIRE) --
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or
the “Company” is pleased to receive the news announced
by its Joint Venture Partner Odyssey Gold Ltd (“ODY”)
that significant visible gold has been intersected in its
maiden diamond hole
Figure 1), a 70m step-out in the eastern extension of the developing
Bottle Dump deposit at the Tuckanarra JV Project (“Tuckanarra”)
located in the Murchison Goldfield.
Together with other results, the new finding confirms the strong
potential of the Bottle Dump trend to host high-grade gold
mineralization (For details refer to:
www.investi.com.au/api/announcements/ody/420449c6-9f8.pdf ).
Figure 1: Significant visible gold ? is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f33fad6e-54b6-4e35-8110-27a52264226f
https://stockhouse.com/news/press-releases/2021/05/05/visible-gold-at-odyssey-monument-tuckanarra-jv-project-reinforce-exploration
Odyssey Gold (ASX: ODY) - Is it the next big micro cap mover?
1,110 views•May 4, 2021
) ) ) ) ) ) ) ) It's a great Mother ore start; ) ) ) $Monument Mining (TSXV:MMY) begins drilling gold targets in Australia
Mining
TSXV:MMY $44.01M
Simon Druker
Markets Reporter
simon.druker@themarketherald.ca
20 July 2021 13:00 (EDT)
https://themarketherald.ca/wp-content/uploads/2021/07/shutterstock_1077511751-1-800x430.jpg
Monument Mining's (MMY) planned exploration drilling program is now underway at its Murchison Gold Project in Western Australia
The first stage of the drill program planned for 18,000 metres and combines aircore and reverse circulation drilling
The program will test new high-quality structural targets beneath cover
Work should continue for the next six to eight months as new targets are identified and evaluated
Monument Mining is up 12.5 per cent, trading at C$0.14 at 12:21 pm ET
Monument Mining's (MMY) planned exploration drilling program is now underway at its Murchison Gold Project in Western Australia.
The first stage of the drill program is planned for 18,000 metres and combines aircore and reverse circulation drilling.
The program will test new high-quality structural targets beneath cover for potential mineralization that may lead to the identification of shallow stand-alone or satellite gold deposits.
The company hopes to supplement the current resource base at the 100-per-cent owned Burnakura gold project.
The progressive nature of the exploration program means work will continue for the next six to eight months as new targets are identified and evaluated for their potential to develop into a new satellite gold deposit.
Once the exploration program is finished, Monument will be in a position to evaluate the entire 170-square-kilometre land package of the Murchison Gold Project. At that point, the Vancouver company will determine the most logical approach in which to advance the project.
"The Monument exploration team is excited to begin drilling after extensive work to identify high quality targets at the Murchison Gold Project. The WA area has been heating up this year with a large amount of exploration work being undertaken, and we are fortunate to get started ahead of schedule having secured a drill rig," said Monument CEO and President Cathy Zhai.
The Murchison Gold Projects comprises Burnakura, Gabanintha and Tuckanarra Joint Venture, in the Murchison area of Western Australia.
Monument Mining is up 12.5 per cent, trading at C$0.14 at 12:21 pm ET.
Stockhouse logo
Latest News
Monument Commences Drilling Gold Targets at the Murchison Gold Project
GlobeNewswire 1 day ago
Monument Completes Independent Flotation Testwork
GlobeNewswire July 6, 2021
Monument Announces Selinsing Gold Mine in Malaysia Resumes Production
GlobeNewswire July 5, 2021
Monument Announces Covid-19 National Recovery Plan in Malaysia
GlobeNewswire June 30, 2021
Monument Announces Extension to Movement Control Order in Malaysia
GlobeNewswire June 15, 2021
Monument Commences Exploration at the Murchison Gold Project
GlobeNewswire June 14, 2021
More V.MMY news on Stockhouse »
Latest Bullboard Posts
RE:RE:RE:RE:Recent SH interview with Monument CEO
nozz..... it wasn't you....it was Wayned....Richard RE:Recent SH...
5 hours ago
RE:RE:ODY Discovers Two New linked Gold Formations
I`m not sure why Odyssey share price reacts like it does when they report...
5 hours ago
RE:RE:RE:Recent SH interview with Monument CEO
I'm not called Nosepak for nothing. Lol
7 hours ago
RE:RE:Recent SH interview with Monument CEO
Funny world.... you got it, a day before it happened..... nose to the ground......
7 hours ago
Munro Bore and Banderol Fault Junction and Current Drilling
The last great discovery at Burnakura was the NOA 1-8 pits which was based on...
11 hours ago
Munro Bore…..Excerpt from 2007 Giralia Report
Estimate of Approx 15,000 ounces for two of the 4 Zones...I am not aware of...
$Recent SH interview with Monument CEO
https://www.monumentmining.com/site/assets/files/4261/061721-v-mmy_editoral.pdf
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165005641
$NEWS Monument Commences Drilling Gold Targets at the Murchison Gold Project
July 20, 2021
https://www.monumentmining.com/news-media/news/2021/monument-commences-drilling-gold-targets-at-the-murchison-gold-project/
Vancouver, B.C., July 20, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the
“Company” is pleased to announce the commencement of a planned
exploration drilling program at the Murchison Gold Project in Western
Australia.
The first stage of the drill program planned for 18,000 metres and
combines aircore (“AC”) and reverse circulation (“RC”) drilling, and is
designed to test new high quality structural targets beneath cover for
potential mineralization that may lead to the identification of shallow
stand alone or satellite gold deposits to supplement the current
resource base at the 100% owned Burnakura gold project.
The progressive nature of the exploration program at Burnakura and
Gabanintha (Figure 1) will see work continue for the next six to eight
months as new targets are identified and evaluated for their potential
to develop into a new satellite gold deposit. At the conclusion of this
exploration program Monument will be in a position to evaluate the
entire 170km2 land package of the Murchison Gold Project and determine,
in an informed manner, the most logical approach in which to advance
the project.
Figure 1: Murchison Gold Project Geology Map showing Burnakura and Gabanintha tenements
https://www.monumentmining.com/news-media/news/2021/monuent-commences-drilling-gold-targets-at-the-murchison-gold-project/
$bigone thanks; Golden cross forms in gold’s chart
Posted on July 8, 2021 by Opinion
MarketWatch/Mark DeCambre/7-6-2021
Gold Price
(Gold price, 50-day and 200-day moving averages)
Overlay chart showing the 50-day and 200-day averages crossing –
a TI bulliish indicator
$bigone thanks; well MMY starting to wakeUP with a lot of great NEWS
after an 8 year long downturn bear trend of gold market -
MMY's 1st bulltrend 2009-11 was strong an if 2nd bulltrend starting....
let's hope it be stronger :))
$NEWS Monument Completes Independent Flotation Testwork
July 6, 2021
Vancouver, B.C., July 6, 2021,
https://www.monumentmining.com/news-media/news/2021/monument-completes-independent-flotation-testwork/
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or
the “Company”) is pleased to announce that the independent flotation
testwork undertaken at Bureau Veritas Laboratory (“BV”) in Perth has
successfully replicated the positive results achieved by the on-site
metallurgical laboratory to produce a marketable gold concentrate at
the Selinsing Gold Mine.
CEO and President Cathy Zhai commented: “We are very pleased with the test results that are a milestone step in achieving a sustainable cash supply from our Selinsing gold sulphide inventory by the sale of a sulphide concentrate produced through the planned flotation plant to third parties. The Phase II plant upgrade may follow to construct a BIOX-leaching circuit if deemed economically viable to treat both the Selinsing concentrates and third party concentrates on-site in order to further enhance the revenue level. Our new business model of expanding operations into treating third parties concentrates through a planned BIOX®-leaching circuit continues to be assessed.”
She further added: “We have noted that the recent announcements of tighter Chinese import restriction for the arsenic levels in gold concentrates imply that a number of producers of complex gold concentrates that currently sell into China will be looking for new off-take partners. Consequentially Selinsing’s proposed BIOX® plant could be their new home.”
Flotation Testwork Results Highlights
Gold concentrate produced from fresh sulphide ore contains an average 34g/t of gold from BV testwork, compared to 33.1g/t of gold from the on-site Selinsing testwork;
Gold concentrate produced from transition sulphide ore contains an average 42.5g/t of gold from BV testwork compared to 31.7g/t of gold from the on-site Selinsing testwork;
The arsenic (“As)” contained in gold concentrates was achieved at an average of 5.1% for fresh and 7.0% for transition ores close to the 8% limit that initially set for the testwork program. It can be lowered to 3.5% through concentrate blending.
Final concentrate grades showed elevated antimony (“Sb”) grades in the fresh material (5.7 – 13.3% Sb), but less than 0.2% Sb in the transition ores.
Orway Mineral Consultants (“OMC”) was engaged by the Company to modify the flotation conceptual engineering design that was reported in the Snowden feasibility study in February 2019, in order to produce gold concentrates as a final product for sale instead of a mid-product for further bio-leach treatment to accommodate a two stage approach Sulphide treatment plant expansion strategy.
The independent testwork was carried out from February to May 2021 in Perth, Australia through Bureau Veritas Laboratory (“BV Lab”) under OMC’s supervision. The aim of this testwork was to independently verify the process parameters developed by the on-site laboratory through extensive testwork. Based on the test results, the optimized flotation conceptual engineering design was completed by OMC in June 2021 under the “Sulphide Flotation Circuit Design - Selinsing Gold Project”, including flotation testwork parameters, process design criteria, circuit modelling, engineering design brief and consumables estimates.
Flotation Testwork Parameters
Diamond drilling was conducted at Buffalo Reef pits BRC2, BRC3, BRC4 and BR North to provide samples. BV Lab testwork was designed to ensure repeatability of the on-site testwork and all flotation tests were carried out in duplicate.
The BV Lab testwork has proved that the Selinsing onsite laboratory test results are repeatable in a commercial lab for Fresh and Transition ore (Table 1. Summary of the BV Lab results), and the onsite laboratory recovery numbers can be used by OMC with reasonable confidence for engineering design (refer to news release dated April 27, 2021 “Monument Commences Flotation Plant Work at Selinsing”).
Table 1: Summary of the BV Lab results
https://www.monumentmining.com/news-media/news/2021/monument-completes-independent-flotation-testwork/
$MMY NEWS Monument Announces Selinsing Gold Mine in Malaysia Resumes Production
July 5, 2021
Vancouver, B.C., July 5, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or
the “Company”) announces that the Malaysia authorities have
transitioned the movement control order (“MCO”) in five states into
Phase 2 effective July 5, 2021 under the National Recovery Plan,
including Pahang State.
Under the Phase 2, Selinsing Gold Mine is now back to production
with up to 80% employees being allowed working at the site.
Employers must ensure physical distancing and adherence to
the standard operating procedures at all times.
CEO and President Cathy Zhai said: “The production starts to be
resumed at Selinsing Gold Mine according to our recovery plan.
We will be closely monitoring the Covid status and put employees’
safety as priority.”
About Monument
Monument Mining Limited (TSX-V: MMY, FSE:D7Q1) is an established
Canadian gold producer that owns and operates
The Selinsing Gold Mine in Malaysia.
Its experienced management team is committed to growth and is also
advancing the Murchison Gold Projects
comprising Burnakura, Gabanintha and
Tuckanarra JV (20% interest) in the Murchison area of Western A
Australia.
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.
Cathy Zhai, President and CEO
Monument Mining Limited
Suite 1580 -1100 Melville Street
Vancouver, BC V6E 4A6
FOR FURTHER INFORMATION visit the company web site at http://www.monumentmining.com
or contact:
Richard Cushing, MMY Vancouver
T: +1-604-638-1661 x102
rcushing@monumentmining.com
https://www.monumentmining.com/news-media/photo-gallery/
https://www.monumentmining.com/news-media/news/2021/monument-announces-selinsing-gold-mine-in-malaysia-resumes-production/
“Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.”
$tsoprano-1 welcome to Monument Mining (TSXV:MMY) My Friend -
Good to see you @ MMY )
I think Goldbull MMY will do very well - )
MMY is very oversold and undervalued,
Imo!
Joint Venture partner ODY finds more Visible Gold at Stakewell )
Also excellent grades from additional Tuckanara drilling....
https://www.listcorp.com/asx/ody/odyssey-gold-limited/news/new-discovery-and-drilling-enhance-murchison-gold-projects-2545483.html
$Money once again flowing into gold mining producers -
The IT and Crypto sectors have now topped and that cash is now looking
for the next hot sector.
That sector is now gold.
On Friday, reviewing analyst rating changes on my Investment House
daily report, I found that almost all of the covered gold stocks were
rated Outperform.
I have never seen such a rapid and universal alteration in gold ratings
in my investment career which goes back decades.
So, we are looking at a revival of investment dollars into gold and gold
mines stocks.
We have a huge amount of material and development news pending release
in the near future.
$Considering this along with increased investment flows into Gold, its a
fair bet that we will exit June above $0.30 + + + + )
Throughout the summer, we will see sequential releases of Murchison
drilling results along with development news at Peranghi, processing of
Colombian concentrate, construction progress of the Floatation plant
and other new developments currently under consideration.
If all goes according to form, we have an excellent chance of exiting
summer above $0.60 + + + + )
Even at that price, we will still be very undervalued bargain....
IMO! nozzpack
$bigone thanks; In December 2020, Monument Mining Ltd. made an Joint
Venture agreement with Odyssey Gold Ltd.
MMY got a 20% free carried interest (not need to pay any cost of
exploration drilling etc. up to
the project are ready for gold milling, processing etc.)
MMY also got a 1% NSR royalty over Odyssey’s 80% interest in the
property.
Ody got 80% interest in MMY's Tuckanarra Gold project to carry out
all needed exploration, drilling, feasibility study etc.
Odyssey Gold Ltd., leaving Monument with a 20% free carried interest
and a 1% NSR royalty over Odyssey’s 80% interest in the property.
An unincorporated joint venture was formed with Odyssey to advance
the exploration over Tuckanarra.
Odyssey will be solely responsible for funding the exploration and
evaluation activities at Tuckanarra until a decision to mine is
reached.
The future processing of ore from tenements held by Odyssey
through the Monuments Mining Ltd's Burnakura plant remains
an option should maybe if commercial
terms be reached!?
$Visible Gold at Odyssey/Monument Tuckanarra JointVenture Project
Reinforce Exploration Targeting at Murchison Gold Project
MMY | May 5, 2021
VANCOUVER, British Columbia, May 05, 2021 (GLOBE NEWSWIRE) --
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or
the “Company” is pleased to receive the news announced
by its Joint Venture Partner Odyssey Gold Ltd (“ODY”)
that significant visible gold has been intersected in its
maiden diamond hole
Figure 1), a 70m step-out in the eastern extension of the developing
Bottle Dump deposit at the Tuckanarra JV Project (“Tuckanarra”)
located in the Murchison Goldfield.
Together with other results, the new finding confirms the strong
potential of the Bottle Dump trend to host high-grade gold
mineralization (For details refer to:
www.investi.com.au/api/announcements/ody/420449c6-9f8.pdf ).
Figure 1: Significant visible gold ? is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f33fad6e-54b6-4e35-8110-27a52264226f
https://stockhouse.com/news/press-releases/2021/05/05/visible-gold-at-odyssey-monument-tuckanarra-jv-project-reinforce-exploration
Odyssey Gold (ASX: ODY) - Is it the next big micro cap mover?
1,110 views•May 4, 2021
) ) ) ) ) ) ) ) It's a great Mother ore start; ) ) ) $NEWS Monument Commences Drilling Gold Targets at the Murchison Gold Project
July 20, 2021
https://www.monumentmining.com/news-media/news/2021/monument-commences-drilling-gold-targets-at-the-murchison-gold-project/
Vancouver, B.C., July 20, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the
“Company” is pleased to announce the commencement of a planned
exploration drilling program at the Murchison Gold Project in Western
Australia.
The first stage of the drill program planned for 18,000 metres and
combines aircore (“AC”) and reverse circulation (“RC”) drilling, and is
designed to test new high quality structural targets beneath cover for
potential mineralization that may lead to the identification of shallow
stand alone or satellite gold deposits to supplement the current
resource base at the 100% owned Burnakura gold project.
The progressive nature of the exploration program at Burnakura and
Gabanintha (Figure 1) will see work continue for the next six to eight
months as new targets are identified and evaluated for their potential
to develop into a new satellite gold deposit. At the conclusion of this
exploration program Monument will be in a position to evaluate the
entire 170km2 land package of the Murchison Gold Project and determine,
in an informed manner, the most logical approach in which to advance
the project.
Figure 1: Murchison Gold Project Geology Map showing Burnakura and Gabanintha tenements
https://www.monumentmining.com/news-media/news/2021/monuent-commences-drilling-gold-targets-at-the-murchison-gold-project/
$bigone thanks; Golden cross forms in gold’s chart
Posted on July 8, 2021 by Opinion
MarketWatch/Mark DeCambre/7-6-2021
Gold Price
(Gold price, 50-day and 200-day moving averages)
Overlay chart showing the 50-day and 200-day averages crossing –
a TI bulliish indicator
$bigone thanks; well MMY starting to wakeUP with a lot of great NEWS
after an 8 year long downturn bear trend of gold market -
MMY's 1st bulltrend 2009-11 was strong an if 2nd bulltrend starting....
let's hope it be stronger :))
$NEWS Monument Completes Independent Flotation Testwork
July 6, 2021
Vancouver, B.C., July 6, 2021,
https://www.monumentmining.com/news-media/news/2021/monument-completes-independent-flotation-testwork/
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or
the “Company”) is pleased to announce that the independent flotation
testwork undertaken at Bureau Veritas Laboratory (“BV”) in Perth has
successfully replicated the positive results achieved by the on-site
metallurgical laboratory to produce a marketable gold concentrate at
the Selinsing Gold Mine.
CEO and President Cathy Zhai commented: “We are very pleased with the test results that are a milestone step in achieving a sustainable cash supply from our Selinsing gold sulphide inventory by the sale of a sulphide concentrate produced through the planned flotation plant to third parties. The Phase II plant upgrade may follow to construct a BIOX-leaching circuit if deemed economically viable to treat both the Selinsing concentrates and third party concentrates on-site in order to further enhance the revenue level. Our new business model of expanding operations into treating third parties concentrates through a planned BIOX®-leaching circuit continues to be assessed.”
She further added: “We have noted that the recent announcements of tighter Chinese import restriction for the arsenic levels in gold concentrates imply that a number of producers of complex gold concentrates that currently sell into China will be looking for new off-take partners. Consequentially Selinsing’s proposed BIOX® plant could be their new home.”
Flotation Testwork Results Highlights
Gold concentrate produced from fresh sulphide ore contains an average 34g/t of gold from BV testwork, compared to 33.1g/t of gold from the on-site Selinsing testwork;
Gold concentrate produced from transition sulphide ore contains an average 42.5g/t of gold from BV testwork compared to 31.7g/t of gold from the on-site Selinsing testwork;
The arsenic (“As)” contained in gold concentrates was achieved at an average of 5.1% for fresh and 7.0% for transition ores close to the 8% limit that initially set for the testwork program. It can be lowered to 3.5% through concentrate blending.
Final concentrate grades showed elevated antimony (“Sb”) grades in the fresh material (5.7 – 13.3% Sb), but less than 0.2% Sb in the transition ores.
Orway Mineral Consultants (“OMC”) was engaged by the Company to modify the flotation conceptual engineering design that was reported in the Snowden feasibility study in February 2019, in order to produce gold concentrates as a final product for sale instead of a mid-product for further bio-leach treatment to accommodate a two stage approach Sulphide treatment plant expansion strategy.
The independent testwork was carried out from February to May 2021 in Perth, Australia through Bureau Veritas Laboratory (“BV Lab”) under OMC’s supervision. The aim of this testwork was to independently verify the process parameters developed by the on-site laboratory through extensive testwork. Based on the test results, the optimized flotation conceptual engineering design was completed by OMC in June 2021 under the “Sulphide Flotation Circuit Design - Selinsing Gold Project”, including flotation testwork parameters, process design criteria, circuit modelling, engineering design brief and consumables estimates.
Flotation Testwork Parameters
Diamond drilling was conducted at Buffalo Reef pits BRC2, BRC3, BRC4 and BR North to provide samples. BV Lab testwork was designed to ensure repeatability of the on-site testwork and all flotation tests were carried out in duplicate.
The BV Lab testwork has proved that the Selinsing onsite laboratory test results are repeatable in a commercial lab for Fresh and Transition ore (Table 1. Summary of the BV Lab results), and the onsite laboratory recovery numbers can be used by OMC with reasonable confidence for engineering design (refer to news release dated April 27, 2021 “Monument Commences Flotation Plant Work at Selinsing”).
Table 1: Summary of the BV Lab results
https://www.monumentmining.com/news-media/news/2021/monument-completes-independent-flotation-testwork/
$MMY NEWS Monument Announces Selinsing Gold Mine in Malaysia Resumes Production
July 5, 2021
Vancouver, B.C., July 5, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or
the “Company”) announces that the Malaysia authorities have
transitioned the movement control order (“MCO”) in five states into
Phase 2 effective July 5, 2021 under the National Recovery Plan,
including Pahang State.
Under the Phase 2, Selinsing Gold Mine is now back to production
with up to 80% employees being allowed working at the site.
Employers must ensure physical distancing and adherence to
the standard operating procedures at all times.
CEO and President Cathy Zhai said: “The production starts to be
resumed at Selinsing Gold Mine according to our recovery plan.
We will be closely monitoring the Covid status and put employees’
safety as priority.”
About Monument
Monument Mining Limited (TSX-V: MMY, FSE:D7Q1) is an established
Canadian gold producer that owns and operates
The Selinsing Gold Mine in Malaysia.
Its experienced management team is committed to growth and is also
advancing the Murchison Gold Projects
comprising Burnakura, Gabanintha and
Tuckanarra JV (20% interest) in the Murchison area of Western A
Australia.
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.
Cathy Zhai, President and CEO
Monument Mining Limited
Suite 1580 -1100 Melville Street
Vancouver, BC V6E 4A6
FOR FURTHER INFORMATION visit the company web site at http://www.monumentmining.com
or contact:
Richard Cushing, MMY Vancouver
T: +1-604-638-1661 x102
rcushing@monumentmining.com
https://www.monumentmining.com/news-media/photo-gallery/
https://www.monumentmining.com/news-media/news/2021/monument-announces-selinsing-gold-mine-in-malaysia-resumes-production/
“Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.”
$tsoprano-1 welcome to Monument Mining (TSXV:MMY) My Friend -
Good to see you @ MMY )
I think Goldbull MMY will do very well - )
MMY is very oversold and undervalued,
Imo!
Joint Venture partner ODY finds more Visible Gold at Stakewell )
Also excellent grades from additional Tuckanara drilling....
https://www.listcorp.com/asx/ody/odyssey-gold-limited/news/new-discovery-and-drilling-enhance-murchison-gold-projects-2545483.html
$Money once again flowing into gold mining producers -
The IT and Crypto sectors have now topped and that cash is now looking
for the next hot sector.
That sector is now gold.
On Friday, reviewing analyst rating changes on my Investment House
daily report, I found that almost all of the covered gold stocks were
rated Outperform.
I have never seen such a rapid and universal alteration in gold ratings
in my investment career which goes back decades.
So, we are looking at a revival of investment dollars into gold and gold
mines stocks.
We have a huge amount of material and development news pending release
in the near future.
$Considering this along with increased investment flows into Gold, its a
fair bet that we will exit June above $0.30 + + + + )
Throughout the summer, we will see sequential releases of Murchison
drilling results along with development news at Peranghi, processing of
Colombian concentrate, construction progress of the Floatation plant
and other new developments currently under consideration.
If all goes according to form, we have an excellent chance of exiting
summer above $0.60 + + + + )
Even at that price, we will still be very undervalued bargain....
IMO! nozzpack
$bigone thanks; In December 2020, Monument Mining Ltd. made an Joint
Venture agreement with Odyssey Gold Ltd.
MMY got a 20% free carried interest (not need to pay any cost of
exploration drilling etc. up to
the project are ready for gold milling, processing etc.)
MMY also got a 1% NSR royalty over Odyssey’s 80% interest in the
property.
Ody got 80% interest in MMY's Tuckanarra Gold project to carry out
all needed exploration, drilling, feasibility study etc.
Odyssey Gold Ltd., leaving Monument with a 20% free carried interest
and a 1% NSR royalty over Odyssey’s 80% interest in the property.
An unincorporated joint venture was formed with Odyssey to advance
the exploration over Tuckanarra.
Odyssey will be solely responsible for funding the exploration and
evaluation activities at Tuckanarra until a decision to mine is
reached.
The future processing of ore from tenements held by Odyssey
through the Monuments Mining Ltd's Burnakura plant remains
an option should maybe if commercial
terms be reached!?
$Visible Gold at Odyssey/Monument Tuckanarra JointVenture Project
Reinforce Exploration Targeting at Murchison Gold Project
MMY | May 5, 2021
VANCOUVER, British Columbia, May 05, 2021 (GLOBE NEWSWIRE) --
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or
the “Company” is pleased to receive the news announced
by its Joint Venture Partner Odyssey Gold Ltd (“ODY”)
that significant visible gold has been intersected in its
maiden diamond hole
Figure 1), a 70m step-out in the eastern extension of the developing
Bottle Dump deposit at the Tuckanarra JV Project (“Tuckanarra”)
located in the Murchison Goldfield.
Together with other results, the new finding confirms the strong
potential of the Bottle Dump trend to host high-grade gold
mineralization (For details refer to:
www.investi.com.au/api/announcements/ody/420449c6-9f8.pdf ).
Figure 1: Significant visible gold ? is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f33fad6e-54b6-4e35-8110-27a52264226f
https://stockhouse.com/news/press-releases/2021/05/05/visible-gold-at-odyssey-monument-tuckanarra-jv-project-reinforce-exploration
Odyssey Gold (ASX: ODY) - Is it the next big micro cap mover?
1,110 views•May 4, 2021
) ) ) ) ) ) ) ) It's a great Mother ore start; ) ) ) $bigone thanks; Golden cross forms in gold’s chart
Posted on July 8, 2021 by Opinion
MarketWatch/Mark DeCambre/7-6-2021
Gold Price
(Gold price, 50-day and 200-day moving averages)
Overlay chart showing the 50-day and 200-day averages crossing –
a TI bulliish indicator
$bigone thanks; well MMY starting to wakeUP with a lot of great NEWS
after an 8 year long downturn bear trend of gold market -
MMY's 1st bulltrend 2009-11 was strong an if 2nd bulltrend starting....
let's hope it be stronger :))
$NEWS Monument Completes Independent Flotation Testwork
July 6, 2021
Vancouver, B.C., July 6, 2021,
https://www.monumentmining.com/news-media/news/2021/monument-completes-independent-flotation-testwork/
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or
the “Company”) is pleased to announce that the independent flotation
testwork undertaken at Bureau Veritas Laboratory (“BV”) in Perth has
successfully replicated the positive results achieved by the on-site
metallurgical laboratory to produce a marketable gold concentrate at
the Selinsing Gold Mine.
CEO and President Cathy Zhai commented: “We are very pleased with the test results that are a milestone step in achieving a sustainable cash supply from our Selinsing gold sulphide inventory by the sale of a sulphide concentrate produced through the planned flotation plant to third parties. The Phase II plant upgrade may follow to construct a BIOX-leaching circuit if deemed economically viable to treat both the Selinsing concentrates and third party concentrates on-site in order to further enhance the revenue level. Our new business model of expanding operations into treating third parties concentrates through a planned BIOX®-leaching circuit continues to be assessed.”
She further added: “We have noted that the recent announcements of tighter Chinese import restriction for the arsenic levels in gold concentrates imply that a number of producers of complex gold concentrates that currently sell into China will be looking for new off-take partners. Consequentially Selinsing’s proposed BIOX® plant could be their new home.”
Flotation Testwork Results Highlights
Gold concentrate produced from fresh sulphide ore contains an average 34g/t of gold from BV testwork, compared to 33.1g/t of gold from the on-site Selinsing testwork;
Gold concentrate produced from transition sulphide ore contains an average 42.5g/t of gold from BV testwork compared to 31.7g/t of gold from the on-site Selinsing testwork;
The arsenic (“As)” contained in gold concentrates was achieved at an average of 5.1% for fresh and 7.0% for transition ores close to the 8% limit that initially set for the testwork program. It can be lowered to 3.5% through concentrate blending.
Final concentrate grades showed elevated antimony (“Sb”) grades in the fresh material (5.7 – 13.3% Sb), but less than 0.2% Sb in the transition ores.
Orway Mineral Consultants (“OMC”) was engaged by the Company to modify the flotation conceptual engineering design that was reported in the Snowden feasibility study in February 2019, in order to produce gold concentrates as a final product for sale instead of a mid-product for further bio-leach treatment to accommodate a two stage approach Sulphide treatment plant expansion strategy.
The independent testwork was carried out from February to May 2021 in Perth, Australia through Bureau Veritas Laboratory (“BV Lab”) under OMC’s supervision. The aim of this testwork was to independently verify the process parameters developed by the on-site laboratory through extensive testwork. Based on the test results, the optimized flotation conceptual engineering design was completed by OMC in June 2021 under the “Sulphide Flotation Circuit Design - Selinsing Gold Project”, including flotation testwork parameters, process design criteria, circuit modelling, engineering design brief and consumables estimates.
Flotation Testwork Parameters
Diamond drilling was conducted at Buffalo Reef pits BRC2, BRC3, BRC4 and BR North to provide samples. BV Lab testwork was designed to ensure repeatability of the on-site testwork and all flotation tests were carried out in duplicate.
The BV Lab testwork has proved that the Selinsing onsite laboratory test results are repeatable in a commercial lab for Fresh and Transition ore (Table 1. Summary of the BV Lab results), and the onsite laboratory recovery numbers can be used by OMC with reasonable confidence for engineering design (refer to news release dated April 27, 2021 “Monument Commences Flotation Plant Work at Selinsing”).
Table 1: Summary of the BV Lab results
https://www.monumentmining.com/news-media/news/2021/monument-completes-independent-flotation-testwork/
$MMY NEWS Monument Announces Selinsing Gold Mine in Malaysia Resumes Production
July 5, 2021
Vancouver, B.C., July 5, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or
the “Company”) announces that the Malaysia authorities have
transitioned the movement control order (“MCO”) in five states into
Phase 2 effective July 5, 2021 under the National Recovery Plan,
including Pahang State.
Under the Phase 2, Selinsing Gold Mine is now back to production
with up to 80% employees being allowed working at the site.
Employers must ensure physical distancing and adherence to
the standard operating procedures at all times.
CEO and President Cathy Zhai said: “The production starts to be
resumed at Selinsing Gold Mine according to our recovery plan.
We will be closely monitoring the Covid status and put employees’
safety as priority.”
About Monument
Monument Mining Limited (TSX-V: MMY, FSE:D7Q1) is an established
Canadian gold producer that owns and operates
The Selinsing Gold Mine in Malaysia.
Its experienced management team is committed to growth and is also
advancing the Murchison Gold Projects
comprising Burnakura, Gabanintha and
Tuckanarra JV (20% interest) in the Murchison area of Western A
Australia.
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.
Cathy Zhai, President and CEO
Monument Mining Limited
Suite 1580 -1100 Melville Street
Vancouver, BC V6E 4A6
FOR FURTHER INFORMATION visit the company web site at http://www.monumentmining.com
or contact:
Richard Cushing, MMY Vancouver
T: +1-604-638-1661 x102
rcushing@monumentmining.com
https://www.monumentmining.com/news-media/photo-gallery/
https://www.monumentmining.com/news-media/news/2021/monument-announces-selinsing-gold-mine-in-malaysia-resumes-production/
“Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.”
$tsoprano-1 welcome to Monument Mining (TSXV:MMY) My Friend -
Good to see you @ MMY )
I think Goldbull MMY will do very well - )
MMY is very oversold and undervalued,
Imo!
Joint Venture partner ODY finds more Visible Gold at Stakewell )
Also excellent grades from additional Tuckanara drilling....
https://www.listcorp.com/asx/ody/odyssey-gold-limited/news/new-discovery-and-drilling-enhance-murchison-gold-projects-2545483.html
$Money once again flowing into gold mining producers -
The IT and Crypto sectors have now topped and that cash is now looking
for the next hot sector.
That sector is now gold.
On Friday, reviewing analyst rating changes on my Investment House
daily report, I found that almost all of the covered gold stocks were
rated Outperform.
I have never seen such a rapid and universal alteration in gold ratings
in my investment career which goes back decades.
So, we are looking at a revival of investment dollars into gold and gold
mines stocks.
We have a huge amount of material and development news pending release
in the near future.
$Considering this along with increased investment flows into Gold, its a
fair bet that we will exit June above $0.30 + + + + )
Throughout the summer, we will see sequential releases of Murchison
drilling results along with development news at Peranghi, processing of
Colombian concentrate, construction progress of the Floatation plant
and other new developments currently under consideration.
If all goes according to form, we have an excellent chance of exiting
summer above $0.60 + + + + )
Even at that price, we will still be very undervalued bargain....
IMO! nozzpack
$bigone thanks; In December 2020, Monument Mining Ltd. made an Joint
Venture agreement with Odyssey Gold Ltd.
MMY got a 20% free carried interest (not need to pay any cost of
exploration drilling etc. up to
the project are ready for gold milling, processing etc.)
MMY also got a 1% NSR royalty over Odyssey’s 80% interest in the
property.
Ody got 80% interest in MMY's Tuckanarra Gold project to carry out
all needed exploration, drilling, feasibility study etc.
Odyssey Gold Ltd., leaving Monument with a 20% free carried interest
and a 1% NSR royalty over Odyssey’s 80% interest in the property.
An unincorporated joint venture was formed with Odyssey to advance
the exploration over Tuckanarra.
Odyssey will be solely responsible for funding the exploration and
evaluation activities at Tuckanarra until a decision to mine is
reached.
The future processing of ore from tenements held by Odyssey
through the Monuments Mining Ltd's Burnakura plant remains
an option should maybe if commercial
terms be reached!?
$Visible Gold at Odyssey/Monument Tuckanarra JointVenture Project
Reinforce Exploration Targeting at Murchison Gold Project
MMY | May 5, 2021
VANCOUVER, British Columbia, May 05, 2021 (GLOBE NEWSWIRE) --
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or
the “Company” is pleased to receive the news announced
by its Joint Venture Partner Odyssey Gold Ltd (“ODY”)
that significant visible gold has been intersected in its
maiden diamond hole
Figure 1), a 70m step-out in the eastern extension of the developing
Bottle Dump deposit at the Tuckanarra JV Project (“Tuckanarra”)
located in the Murchison Goldfield.
Together with other results, the new finding confirms the strong
potential of the Bottle Dump trend to host high-grade gold
mineralization (For details refer to:
www.investi.com.au/api/announcements/ody/420449c6-9f8.pdf ).
Figure 1: Significant visible gold ? is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f33fad6e-54b6-4e35-8110-27a52264226f
https://stockhouse.com/news/press-releases/2021/05/05/visible-gold-at-odyssey-monument-tuckanarra-jv-project-reinforce-exploration
Odyssey Gold (ASX: ODY) - Is it the next big micro cap mover?
1,110 views•May 4, 2021
) ) ) ) ) ) ) ) It's a great Mother ore start; ) ) ) $Golden cross forms in gold’s chart
Posted on July 8, 2021 by Opinion
MarketWatch/Mark DeCambre/7-6-2021
Gold Price
(Gold price, 50-day and 200-day moving averages)
Overlay chart showing the 50-day and 200-day averages crossing –
a TI bulliish indicator
$tsoprano thanks; well MMY starting to wakeUP with a lot of great NEWS
after an 8 year long downturn bear trend of gold market -
MMY's 1st bulltrend 2009-11 was strong an if 2nd bulltrend starting....
let's hope it be stronger :))
$NEWS Monument Completes Independent Flotation Testwork
July 6, 2021
Vancouver, B.C., July 6, 2021,
https://www.monumentmining.com/news-media/news/2021/monument-completes-independent-flotation-testwork/
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or
the “Company”) is pleased to announce that the independent flotation
testwork undertaken at Bureau Veritas Laboratory (“BV”) in Perth has
successfully replicated the positive results achieved by the on-site
metallurgical laboratory to produce a marketable gold concentrate at
the Selinsing Gold Mine.
CEO and President Cathy Zhai commented: “We are very pleased with the test results that are a milestone step in achieving a sustainable cash supply from our Selinsing gold sulphide inventory by the sale of a sulphide concentrate produced through the planned flotation plant to third parties. The Phase II plant upgrade may follow to construct a BIOX-leaching circuit if deemed economically viable to treat both the Selinsing concentrates and third party concentrates on-site in order to further enhance the revenue level. Our new business model of expanding operations into treating third parties concentrates through a planned BIOX®-leaching circuit continues to be assessed.”
She further added: “We have noted that the recent announcements of tighter Chinese import restriction for the arsenic levels in gold concentrates imply that a number of producers of complex gold concentrates that currently sell into China will be looking for new off-take partners. Consequentially Selinsing’s proposed BIOX® plant could be their new home.”
Flotation Testwork Results Highlights
Gold concentrate produced from fresh sulphide ore contains an average 34g/t of gold from BV testwork, compared to 33.1g/t of gold from the on-site Selinsing testwork;
Gold concentrate produced from transition sulphide ore contains an average 42.5g/t of gold from BV testwork compared to 31.7g/t of gold from the on-site Selinsing testwork;
The arsenic (“As)” contained in gold concentrates was achieved at an average of 5.1% for fresh and 7.0% for transition ores close to the 8% limit that initially set for the testwork program. It can be lowered to 3.5% through concentrate blending.
Final concentrate grades showed elevated antimony (“Sb”) grades in the fresh material (5.7 – 13.3% Sb), but less than 0.2% Sb in the transition ores.
Orway Mineral Consultants (“OMC”) was engaged by the Company to modify the flotation conceptual engineering design that was reported in the Snowden feasibility study in February 2019, in order to produce gold concentrates as a final product for sale instead of a mid-product for further bio-leach treatment to accommodate a two stage approach Sulphide treatment plant expansion strategy.
The independent testwork was carried out from February to May 2021 in Perth, Australia through Bureau Veritas Laboratory (“BV Lab”) under OMC’s supervision. The aim of this testwork was to independently verify the process parameters developed by the on-site laboratory through extensive testwork. Based on the test results, the optimized flotation conceptual engineering design was completed by OMC in June 2021 under the “Sulphide Flotation Circuit Design - Selinsing Gold Project”, including flotation testwork parameters, process design criteria, circuit modelling, engineering design brief and consumables estimates.
Flotation Testwork Parameters
Diamond drilling was conducted at Buffalo Reef pits BRC2, BRC3, BRC4 and BR North to provide samples. BV Lab testwork was designed to ensure repeatability of the on-site testwork and all flotation tests were carried out in duplicate.
The BV Lab testwork has proved that the Selinsing onsite laboratory test results are repeatable in a commercial lab for Fresh and Transition ore (Table 1. Summary of the BV Lab results), and the onsite laboratory recovery numbers can be used by OMC with reasonable confidence for engineering design (refer to news release dated April 27, 2021 “Monument Commences Flotation Plant Work at Selinsing”).
Table 1: Summary of the BV Lab results
https://www.monumentmining.com/news-media/news/2021/monument-completes-independent-flotation-testwork/
$MMY NEWS Monument Announces Selinsing Gold Mine in Malaysia Resumes Production
July 5, 2021
Vancouver, B.C., July 5, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or
the “Company”) announces that the Malaysia authorities have
transitioned the movement control order (“MCO”) in five states into
Phase 2 effective July 5, 2021 under the National Recovery Plan,
including Pahang State.
Under the Phase 2, Selinsing Gold Mine is now back to production
with up to 80% employees being allowed working at the site.
Employers must ensure physical distancing and adherence to
the standard operating procedures at all times.
CEO and President Cathy Zhai said: “The production starts to be
resumed at Selinsing Gold Mine according to our recovery plan.
We will be closely monitoring the Covid status and put employees’
safety as priority.”
About Monument
Monument Mining Limited (TSX-V: MMY, FSE:D7Q1) is an established
Canadian gold producer that owns and operates
The Selinsing Gold Mine in Malaysia.
Its experienced management team is committed to growth and is also
advancing the Murchison Gold Projects
comprising Burnakura, Gabanintha and
Tuckanarra JV (20% interest) in the Murchison area of Western A
Australia.
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.
Cathy Zhai, President and CEO
Monument Mining Limited
Suite 1580 -1100 Melville Street
Vancouver, BC V6E 4A6
FOR FURTHER INFORMATION visit the company web site at http://www.monumentmining.com
or contact:
Richard Cushing, MMY Vancouver
T: +1-604-638-1661 x102
rcushing@monumentmining.com
https://www.monumentmining.com/news-media/photo-gallery/
https://www.monumentmining.com/news-media/news/2021/monument-announces-selinsing-gold-mine-in-malaysia-resumes-production/
“Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.”
$tsoprano-1 welcome to Monument Mining (TSXV:MMY) My Friend -
Good to see you @ MMY )
I think Goldbull MMY will do very well - )
MMY is very oversold and undervalued,
Imo!
Joint Venture partner ODY finds more Visible Gold at Stakewell )
Also excellent grades from additional Tuckanara drilling....
https://www.listcorp.com/asx/ody/odyssey-gold-limited/news/new-discovery-and-drilling-enhance-murchison-gold-projects-2545483.html
$Money once again flowing into gold mining producers -
The IT and Crypto sectors have now topped and that cash is now looking
for the next hot sector.
That sector is now gold.
On Friday, reviewing analyst rating changes on my Investment House
daily report, I found that almost all of the covered gold stocks were
rated Outperform.
I have never seen such a rapid and universal alteration in gold ratings
in my investment career which goes back decades.
So, we are looking at a revival of investment dollars into gold and gold
mines stocks.
We have a huge amount of material and development news pending release
in the near future.
$Considering this along with increased investment flows into Gold, its a
fair bet that we will exit June above $0.30 + + + + )
Throughout the summer, we will see sequential releases of Murchison
drilling results along with development news at Peranghi, processing of
Colombian concentrate, construction progress of the Floatation plant
and other new developments currently under consideration.
If all goes according to form, we have an excellent chance of exiting
summer above $0.60 + + + + )
Even at that price, we will still be very undervalued bargain....
IMO! nozzpack
$bigone thanks; In December 2020, Monument Mining Ltd. made an Joint
Venture agreement with Odyssey Gold Ltd.
MMY got a 20% free carried interest (not need to pay any cost of
exploration drilling etc. up to
the project are ready for gold milling, processing etc.)
MMY also got a 1% NSR royalty over Odyssey’s 80% interest in the
property.
Ody got 80% interest in MMY's Tuckanarra Gold project to carry out
all needed exploration, drilling, feasibility study etc.
Odyssey Gold Ltd., leaving Monument with a 20% free carried interest
and a 1% NSR royalty over Odyssey’s 80% interest in the property.
An unincorporated joint venture was formed with Odyssey to advance
the exploration over Tuckanarra.
Odyssey will be solely responsible for funding the exploration and
evaluation activities at Tuckanarra until a decision to mine is
reached.
The future processing of ore from tenements held by Odyssey
through the Monuments Mining Ltd's Burnakura plant remains
an option should maybe if commercial
terms be reached!?
$Visible Gold at Odyssey/Monument Tuckanarra JointVenture Project
Reinforce Exploration Targeting at Murchison Gold Project
MMY | May 5, 2021
VANCOUVER, British Columbia, May 05, 2021 (GLOBE NEWSWIRE) --
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or
the “Company” is pleased to receive the news announced
by its Joint Venture Partner Odyssey Gold Ltd (“ODY”)
that significant visible gold has been intersected in its
maiden diamond hole
Figure 1), a 70m step-out in the eastern extension of the developing
Bottle Dump deposit at the Tuckanarra JV Project (“Tuckanarra”)
located in the Murchison Goldfield.
Together with other results, the new finding confirms the strong
potential of the Bottle Dump trend to host high-grade gold
mineralization (For details refer to:
www.investi.com.au/api/announcements/ody/420449c6-9f8.pdf ).
Figure 1: Significant visible gold ? is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f33fad6e-54b6-4e35-8110-27a52264226f
https://stockhouse.com/news/press-releases/2021/05/05/visible-gold-at-odyssey-monument-tuckanarra-jv-project-reinforce-exploration
Odyssey Gold (ASX: ODY) - Is it the next big micro cap mover?
1,110 views•May 4, 2021
) ) ) ) ) ) ) ) It's a great Mother ore start; ) ) ) Trending fairly decently.....So, what is "the news" ?
5 months ago :
$NEWS Monument Completes Independent Flotation Testwork
July 6, 2021
Vancouver, B.C., July 6, 2021,
https://www.monumentmining.com/news-media/news/2021/monument-completes-independent-flotation-testwork/
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or
the “Company”) is pleased to announce that the independent flotation
testwork undertaken at Bureau Veritas Laboratory (“BV”) in Perth has
successfully replicated the positive results achieved by the on-site
metallurgical laboratory to produce a marketable gold concentrate at
the Selinsing Gold Mine.
CEO and President Cathy Zhai commented: “We are very pleased with the test results that are a milestone step in achieving a sustainable cash supply from our Selinsing gold sulphide inventory by the sale of a sulphide concentrate produced through the planned flotation plant to third parties. The Phase II plant upgrade may follow to construct a BIOX-leaching circuit if deemed economically viable to treat both the Selinsing concentrates and third party concentrates on-site in order to further enhance the revenue level. Our new business model of expanding operations into treating third parties concentrates through a planned BIOX®-leaching circuit continues to be assessed.”
She further added: “We have noted that the recent announcements of tighter Chinese import restriction for the arsenic levels in gold concentrates imply that a number of producers of complex gold concentrates that currently sell into China will be looking for new off-take partners. Consequentially Selinsing’s proposed BIOX® plant could be their new home.”
Flotation Testwork Results Highlights
Gold concentrate produced from fresh sulphide ore contains an average 34g/t of gold from BV testwork, compared to 33.1g/t of gold from the on-site Selinsing testwork;
Gold concentrate produced from transition sulphide ore contains an average 42.5g/t of gold from BV testwork compared to 31.7g/t of gold from the on-site Selinsing testwork;
The arsenic (“As)” contained in gold concentrates was achieved at an average of 5.1% for fresh and 7.0% for transition ores close to the 8% limit that initially set for the testwork program. It can be lowered to 3.5% through concentrate blending.
Final concentrate grades showed elevated antimony (“Sb”) grades in the fresh material (5.7 – 13.3% Sb), but less than 0.2% Sb in the transition ores.
Orway Mineral Consultants (“OMC”) was engaged by the Company to modify the flotation conceptual engineering design that was reported in the Snowden feasibility study in February 2019, in order to produce gold concentrates as a final product for sale instead of a mid-product for further bio-leach treatment to accommodate a two stage approach Sulphide treatment plant expansion strategy.
The independent testwork was carried out from February to May 2021 in Perth, Australia through Bureau Veritas Laboratory (“BV Lab”) under OMC’s supervision. The aim of this testwork was to independently verify the process parameters developed by the on-site laboratory through extensive testwork. Based on the test results, the optimized flotation conceptual engineering design was completed by OMC in June 2021 under the “Sulphide Flotation Circuit Design - Selinsing Gold Project”, including flotation testwork parameters, process design criteria, circuit modelling, engineering design brief and consumables estimates.
Flotation Testwork Parameters
Diamond drilling was conducted at Buffalo Reef pits BRC2, BRC3, BRC4 and BR North to provide samples. BV Lab testwork was designed to ensure repeatability of the on-site testwork and all flotation tests were carried out in duplicate.
The BV Lab testwork has proved that the Selinsing onsite laboratory test results are repeatable in a commercial lab for Fresh and Transition ore (Table 1. Summary of the BV Lab results), and the onsite laboratory recovery numbers can be used by OMC with reasonable confidence for engineering design (refer to news release dated April 27, 2021 “Monument Commences Flotation Plant Work at Selinsing”).
Table 1: Summary of the BV Lab results
https://www.monumentmining.com/news-media/news/2021/monument-completes-independent-flotation-testwork/
$MMY NEWS Monument Announces Selinsing Gold Mine in Malaysia Resumes Production
July 5, 2021
Vancouver, B.C., July 5, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or
the “Company”) announces that the Malaysia authorities have
transitioned the movement control order (“MCO”) in five states into
Phase 2 effective July 5, 2021 under the National Recovery Plan,
including Pahang State.
Under the Phase 2, Selinsing Gold Mine is now back to production
with up to 80% employees being allowed working at the site.
Employers must ensure physical distancing and adherence to
the standard operating procedures at all times.
CEO and President Cathy Zhai said: “The production starts to be
resumed at Selinsing Gold Mine according to our recovery plan.
We will be closely monitoring the Covid status and put employees’
safety as priority.”
About Monument
Monument Mining Limited (TSX-V: MMY, FSE:D7Q1) is an established
Canadian gold producer that owns and operates
The Selinsing Gold Mine in Malaysia.
Its experienced management team is committed to growth and is also
advancing the Murchison Gold Projects
comprising Burnakura, Gabanintha and
Tuckanarra JV (20% interest) in the Murchison area of Western A
Australia.
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.
Cathy Zhai, President and CEO
Monument Mining Limited
Suite 1580 -1100 Melville Street
Vancouver, BC V6E 4A6
FOR FURTHER INFORMATION visit the company web site at http://www.monumentmining.com
or contact:
Richard Cushing, MMY Vancouver
T: +1-604-638-1661 x102
rcushing@monumentmining.com
https://www.monumentmining.com/news-media/photo-gallery/
https://www.monumentmining.com/news-media/news/2021/monument-announces-selinsing-gold-mine-in-malaysia-resumes-production/
“Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.”
$tsoprano-1 welcome to Monument Mining (TSXV:MMY) My Friend -
Good to see you @ MMY )
I think Goldbull MMY will do very well - )
MMY is very oversold and undervalued,
Imo!
Joint Venture partner ODY finds more Visible Gold at Stakewell )
Also excellent grades from additional Tuckanara drilling....
https://www.listcorp.com/asx/ody/odyssey-gold-limited/news/new-discovery-and-drilling-enhance-murchison-gold-projects-2545483.html
$Money once again flowing into gold mining producers -
The IT and Crypto sectors have now topped and that cash is now looking
for the next hot sector.
That sector is now gold.
On Friday, reviewing analyst rating changes on my Investment House
daily report, I found that almost all of the covered gold stocks were
rated Outperform.
I have never seen such a rapid and universal alteration in gold ratings
in my investment career which goes back decades.
So, we are looking at a revival of investment dollars into gold and gold
mines stocks.
We have a huge amount of material and development news pending release
in the near future.
$Considering this along with increased investment flows into Gold, its a
fair bet that we will exit June above $0.30 + + + + )
Throughout the summer, we will see sequential releases of Murchison
drilling results along with development news at Peranghi, processing of
Colombian concentrate, construction progress of the Floatation plant
and other new developments currently under consideration.
If all goes according to form, we have an excellent chance of exiting
summer above $0.60 + + + + )
Even at that price, we will still be very undervalued bargain....
IMO! nozzpack
$bigone thanks; In December 2020, Monument Mining Ltd. made an Joint
Venture agreement with Odyssey Gold Ltd.
MMY got a 20% free carried interest (not need to pay any cost of
exploration drilling etc. up to
the project are ready for gold milling, processing etc.)
MMY also got a 1% NSR royalty over Odyssey’s 80% interest in the
property.
Ody got 80% interest in MMY's Tuckanarra Gold project to carry out
all needed exploration, drilling, feasibility study etc.
Odyssey Gold Ltd., leaving Monument with a 20% free carried interest
and a 1% NSR royalty over Odyssey’s 80% interest in the property.
An unincorporated joint venture was formed with Odyssey to advance
the exploration over Tuckanarra.
Odyssey will be solely responsible for funding the exploration and
evaluation activities at Tuckanarra until a decision to mine is
reached.
The future processing of ore from tenements held by Odyssey
through the Monuments Mining Ltd's Burnakura plant remains
an option should maybe if commercial
terms be reached!?
$Visible Gold at Odyssey/Monument Tuckanarra JointVenture Project
Reinforce Exploration Targeting at Murchison Gold Project
MMY | May 5, 2021
VANCOUVER, British Columbia, May 05, 2021 (GLOBE NEWSWIRE) --
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or
the “Company” is pleased to receive the news announced
by its Joint Venture Partner Odyssey Gold Ltd (“ODY”)
that significant visible gold has been intersected in its
maiden diamond hole
Figure 1), a 70m step-out in the eastern extension of the developing
Bottle Dump deposit at the Tuckanarra JV Project (“Tuckanarra”)
located in the Murchison Goldfield.
Together with other results, the new finding confirms the strong
potential of the Bottle Dump trend to host high-grade gold
mineralization (For details refer to:
www.investi.com.au/api/announcements/ody/420449c6-9f8.pdf ).
Figure 1: Significant visible gold ? is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f33fad6e-54b6-4e35-8110-27a52264226f
https://stockhouse.com/news/press-releases/2021/05/05/visible-gold-at-odyssey-monument-tuckanarra-jv-project-reinforce-exploration
Odyssey Gold (ASX: ODY) - Is it the next big micro cap mover?
1,110 views•May 4, 2021
) ) ) ) ) ) ) ) It's a great Mother ore start; ) ) ) $MMY NEWS Monument Announces Selinsing Gold Mine in Malaysia Resumes Production
July 5, 2021
Vancouver, B.C., July 5, 2021,
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or
the “Company”) announces that the Malaysia authorities have
transitioned the movement control order (“MCO”) in five states into
Phase 2 effective July 5, 2021 under the National Recovery Plan,
including Pahang State.
Under the Phase 2, Selinsing Gold Mine is now back to production
with up to 80% employees being allowed working at the site.
Employers must ensure physical distancing and adherence to
the standard operating procedures at all times.
CEO and President Cathy Zhai said: “The production starts to be
resumed at Selinsing Gold Mine according to our recovery plan.
We will be closely monitoring the Covid status and put employees’
safety as priority.”
About Monument
Monument Mining Limited (TSX-V: MMY, FSE:D7Q1) is an established
Canadian gold producer that owns and operates
The Selinsing Gold Mine in Malaysia.
Its experienced management team is committed to growth and is also
advancing the Murchison Gold Projects
comprising Burnakura, Gabanintha and
Tuckanarra JV (20% interest) in the Murchison area of Western A
Australia.
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.
Cathy Zhai, President and CEO
Monument Mining Limited
Suite 1580 -1100 Melville Street
Vancouver, BC V6E 4A6
FOR FURTHER INFORMATION visit the company web site at http://www.monumentmining.com
or contact:
Richard Cushing, MMY Vancouver
T: +1-604-638-1661 x102
rcushing@monumentmining.com
https://www.monumentmining.com/news-media/photo-gallery/
https://www.monumentmining.com/news-media/news/2021/monument-announces-selinsing-gold-mine-in-malaysia-resumes-production/
“Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.”
$tsoprano-1 welcome to Monument Mining (TSXV:MMY) My Friend -
Good to see you @ MMY )
I think Goldbull MMY will do very well - )
MMY is very oversold and undervalued,
Imo!
Joint Venture partner ODY finds more Visible Gold at Stakewell )
Also excellent grades from additional Tuckanara drilling....
https://www.listcorp.com/asx/ody/odyssey-gold-limited/news/new-discovery-and-drilling-enhance-murchison-gold-projects-2545483.html
$Money once again flowing into gold mining producers -
The IT and Crypto sectors have now topped and that cash is now looking
for the next hot sector.
That sector is now gold.
On Friday, reviewing analyst rating changes on my Investment House
daily report, I found that almost all of the covered gold stocks were
rated Outperform.
I have never seen such a rapid and universal alteration in gold ratings
in my investment career which goes back decades.
So, we are looking at a revival of investment dollars into gold and gold
mines stocks.
We have a huge amount of material and development news pending release
in the near future.
$Considering this along with increased investment flows into Gold, its a
fair bet that we will exit June above $0.30 + + + + )
Throughout the summer, we will see sequential releases of Murchison
drilling results along with development news at Peranghi, processing of
Colombian concentrate, construction progress of the Floatation plant
and other new developments currently under consideration.
If all goes according to form, we have an excellent chance of exiting
summer above $0.60 + + + + )
Even at that price, we will still be very undervalued bargain....
IMO! nozzpack
$bigone thanks; In December 2020, Monument Mining Ltd. made an Joint
Venture agreement with Odyssey Gold Ltd.
MMY got a 20% free carried interest (not need to pay any cost of
exploration drilling etc. up to
the project are ready for gold milling, processing etc.)
MMY also got a 1% NSR royalty over Odyssey’s 80% interest in the
property.
Ody got 80% interest in MMY's Tuckanarra Gold project to carry out
all needed exploration, drilling, feasibility study etc.
Odyssey Gold Ltd., leaving Monument with a 20% free carried interest
and a 1% NSR royalty over Odyssey’s 80% interest in the property.
An unincorporated joint venture was formed with Odyssey to advance
the exploration over Tuckanarra.
Odyssey will be solely responsible for funding the exploration and
evaluation activities at Tuckanarra until a decision to mine is
reached.
The future processing of ore from tenements held by Odyssey
through the Monuments Mining Ltd's Burnakura plant remains
an option should maybe if commercial
terms be reached!?
$Visible Gold at Odyssey/Monument Tuckanarra JointVenture Project
Reinforce Exploration Targeting at Murchison Gold Project
MMY | May 5, 2021
VANCOUVER, British Columbia, May 05, 2021 (GLOBE NEWSWIRE) --
$Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or
the “Company” is pleased to receive the news announced
by its Joint Venture Partner Odyssey Gold Ltd (“ODY”)
that significant visible gold has been intersected in its
maiden diamond hole
Figure 1), a 70m step-out in the eastern extension of the developing
Bottle Dump deposit at the Tuckanarra JV Project (“Tuckanarra”)
located in the Murchison Goldfield.
Together with other results, the new finding confirms the strong
potential of the Bottle Dump trend to host high-grade gold
mineralization (For details refer to:
www.investi.com.au/api/announcements/ody/420449c6-9f8.pdf ).
Figure 1: Significant visible gold ? is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f33fad6e-54b6-4e35-8110-27a52264226f
https://stockhouse.com/news/press-releases/2021/05/05/visible-gold-at-odyssey-monument-tuckanarra-jv-project-reinforce-exploration
Odyssey Gold (ASX: ODY) - Is it the next big micro cap mover?
1,110 views•May 4, 2021
) ) ) ) ) ) ) ) It's a great Mother ore start; ) ) ) $bigone thanks; Michael Oliver – This Is A Very Big Development For The Gold Market
June 23, 2021
https://kingworldnews.com/michael-oliver-this-is-a-very-big-development-for-the-gold-market/
$Why Basel III regulations are poised to shake up the gold market
Published: June 24, 2021 at 3:02 p.m. ET
By Myra P. Saefong
$European banks face beefed up liquidity requirements under the “Net
Stable Funding Ratio’ on Monday
New banking rules, part of an sweeping international accord known as
Basel III, will come into effect on Monday and mark a big change for
European banks and their dealings with gold — potentially altering the
landscape for precious metal demand and prices.
Like many reforms put in place over the past decade that aim to avert
another global financial crisis, the new banking rules come with some
controversy — and caveats.
https://www.marketwatch.com/story/why-basel-iii-regulations-are-poised-to-shake-up-the-gold-market-11624561325?mod=home-page
$trunkmonk thanks; WEBINAR June 23, 2021 Drilling Deeper: South America,
Presented by Red Cloud - CFO Mike Davies )
Webcast(opens in new window)
https://event.webinarjam.com/replay/530/34ll2trna61tmyi8x1w
https://grancolombiagold.com/overview/default.aspx
The Reset Has Begun ??Basel III: Gold Will Go Up
) ) 
$bigone thanks; Gold Newsletter‘s Ex. Brien Lundin sees reasons to be
optimistic about a resumption of the precious metals bull market in the
coming months.
“Gold is continuing to trace out a very powerful cup-and-handle pattern,”
he says in a note e-mailed Friday, “one that (as I’ve mentioned before)
projects to prices in the $2,500 area.
If that happens, we’ll be hard-pressed to remember what happened to gold
last week……The question that every investor will have to answer for
themselves is whether they actually expect the Fed to shut off the flow
of monetary adrenaline upon which the financial markets have come to
depend…or whether the Biden administration and Democratic-controlled
Congress will suddenly discover fiscal prudence.
My vote is no for the above…and yes for a continued gold bull market.
So again, while the near-term is uncertain, the likelihood of
much higher prices for gold and silver over the months and
years ahead is very high indeed.”
$Why Basel III regulations are poised to shake up the gold market
Published: June 24, 2021 at 3:02 p.m. ET
By Myra P. Saefong
$European banks face beefed up liquidity requirements under the “Net
Stable Funding Ratio’ on Monday
New banking rules, part of an sweeping international accord known as
Basel III, will come into effect on Monday and mark a big change for
European banks and their dealings with gold — potentially altering the
landscape for precious metal demand and prices.
Like many reforms put in place over the past decade that aim to avert
another global financial crisis, the new banking rules come with some
controversy — and caveats.
https://www.marketwatch.com/story/why-basel-iii-regulations-are-poised-to-shake-up-the-gold-market-11624561325?mod=home-page
$trunkmonk thanks; WEBINAR June 23, 2021 Drilling Deeper: South America,
Presented by Red Cloud - CFO Mike Davies )
Webcast(opens in new window)
https://event.webinarjam.com/replay/530/34ll2trna61tmyi8x1w
https://grancolombiagold.com/overview/default.aspx
The Reset Has Begun ??Basel III: Gold Will Go Up
) ) $Why Basel III regulations are poised to shake up the gold market
Published: June 24, 2021 at 3:02 p.m. ET
By Myra P. Saefong
$European banks face beefed up liquidity requirements under the “Net
Stable Funding Ratio’ on Monday
New banking rules, part of an sweeping international accord known as
Basel III, will come into effect on Monday and mark a big change for
European banks and their dealings with gold — potentially altering the
landscape for precious metal demand and prices.
Like many reforms put in place over the past decade that aim to avert
another global financial crisis, the new banking rules come with some
controversy — and caveats.
https://www.marketwatch.com/story/why-basel-iii-regulations-are-poised-to-shake-up-the-gold-market-11624561325?mod=home-page
$trunkmonk thanks; WEBINAR June 23, 2021 Drilling Deeper: South America,
Presented by Red Cloud - CFO Mike Davies )
Webcast(opens in new window)
https://event.webinarjam.com/replay/530/34ll2trna61tmyi8x1w
https://grancolombiagold.com/overview/default.aspx
The Reset Has Begun ??Basel III: Gold Will Go Up
) ) 
