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$bigone thanks; well MMY starting to wakeUP with

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NYBob Member Level  Tuesday, 07/06/21 03:39:10 PM
Re: bigone post# 132
Post # of 147 
$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,


$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


$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

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




“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 smile)
I think Goldbull MMY will do very well - smile)
MMY is very oversold and undervalued,

Joint Venture partner ODY finds more Visible Gold at Stakewell smile)
Also excellent grades from additional Tuckanara drilling....


$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 + + + + smile)

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 + + + + smile)

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

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

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


Odyssey Gold (ASX: ODY) - Is it the next big micro cap mover?
1,110 views•May 4, 2021


The Stocks in Action || Which ASX Listed Stocks Are Trending Today?
17 views•May 4, 2021


Odyssey Gold (ASX:ODY) exploration update on its high-grade gold
projects in the Murchison Goldfields


When I first began writing about such projections, I was satisfied with
identifying 10 individuals who were of the opinion that gold would
attain a peak greater than $2,500. smile)

That list has grown to 83 of which 47 believe that $5,000 or more for
gold is likely. smile)

I encourage you to check out their articles and their rationale for
such high gold prices in the years (and in some cases just months) to

$Higher than $10,000


$bigone Yes, Unbelievable!!! Amazing!! The end of the age of speculation-

Buckle up. We might be in for a rough ride if we have truly come to the
end of the age of speculation. More than one investor has stumbled upon
diversification on the road to portfolio wisdom.
Estimated Value of ODY Visible Gold..$2 million

$They announced today that the grade was above the 12,000 gns/ton
detection limit of the grade technology used.

$They will assay it again with an upper grade detection limit of 35,000

Using the approximate average of the lower and upper limit....25,000
gms/ton......at current CAD prices that is worth about $2 million.

What a core !

$Monument Mining (TSXV:MMY) MMY's Murchison Gold Mines...Great Gold
Country and new update drilling to
target the high grade old gold mines by Monument Gold Mining -


The Pass Scout drilling by Monument has already identified three high
grade shallow oxides outside the Lewis and reward pits -

This is the same area where ATW hit 16 ounces per ton over 1 meter in
2008 -

These could be three new oxide mines ex...may delivering 25,000 to
50,000 ounces per pit to the Burnakura Gold mill -

The new 3D geologic model has identified 30 of these shallow gold
projects at Burnakura and another 30 at Monuments
Gabanintha Old Gold Mines -

Beyond any doubt, some of those will be new oxide gold open pits
mining that can be very profitably mined -
AISC at or below $1000 per gold ounce -

We are going to have an excellent summer at Murchison Gold Mines -
with more high grade modern drilling of the old gold mines area -

It should be no problem breaking thru the $0.50 level -
can't wait to the drill results begin to pour in to expose
the rich old gold mines country smile)

With Monuments sufficient cash to cover all near term project
expenditures smile)
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..


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 smile)
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 -


$bigone thanks; $Monthly BIG picture L@@K at $GOLD

proper TA schooled all the EXPERTS = REALITY smile)




$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 - smile)

$1,000th Gold Bar Pour Produced by MMY; Photo Gallery smile) It's a great Mother ore start;


$Market Cap $46 mil. - No Debt - someone has to be kidding smile)
is it the fact ???
What a Great Gold Mines bargain smile)

MMY It's very undervalued, oversold like > hidden giant Au gold mines
soon to be discovered smile)

$Selinsing Gold Mine

The Selinsing gold mine is an operating high-grade gold mine at Bukit
Selinsing in Pahang State, Malaysia.


Monument Reports First Quarter Fiscal 2021 (“Q1 2021”) Results
November 16, 2020


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

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:

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


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


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



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 -



Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -


God Bless America
opinion appreciated

My opinions are my own and and DD I post should be confirmed as unbiased
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