mick thanks; Default Hysteria: No Time To Panic; Time To Plan
12,206 viewsStreamed live on Oct 1, 2021
RonPaulLibertyReport
291K subscribers
https://www.youtube.com/watch?v=j7dKL52MJNE
Analyst Brien Lundin offered a short overview of the technical factors
at play in the gold and silver markets and came away with a
cautiously positive outlook.
“For its part,” he writes, “silver never delivered the buy signal
that gold did, but seemed about to.
It remains in that state, still with a sell signal, but in the area
where we would expect a rebound.
That’s because, when monetary issues are driving the metals and
supportive of higher prices, gold and silver have tended to hit
these bottoms in the 14-week stochastic and quickly reverse higher.
So a rebound seems not only inevitable for fundamental reasons,
but perhaps imminent on the technical evidence. In fact, as we’re
putting this issue to bed, gold has bounced as much as $40.
Most of that gain came after Powell, in testimony before the House,
noted that the U.S. economy is ‘far away from full employment.’
Let’s grant that he’s also angling for re-appointment, but also
recognize that gold is at extremely oversold levels and therefore
primed for some sort of rally.”
These ‘sound money’ assets will ‘come back with a vengeance’ – Lawrence Lepard
97,876 viewsSep 21, 2021
Kitco NEWS
392K subscribers
https://www.youtube.com/watch?v=8VBrfn6l9Co
$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.
12,206 viewsStreamed live on Oct 1, 2021
RonPaulLibertyReport
291K subscribers
https://www.youtube.com/watch?v=j7dKL52MJNE
Analyst Brien Lundin offered a short overview of the technical factors
at play in the gold and silver markets and came away with a
cautiously positive outlook.
“For its part,” he writes, “silver never delivered the buy signal
that gold did, but seemed about to.
It remains in that state, still with a sell signal, but in the area
where we would expect a rebound.
That’s because, when monetary issues are driving the metals and
supportive of higher prices, gold and silver have tended to hit
these bottoms in the 14-week stochastic and quickly reverse higher.
So a rebound seems not only inevitable for fundamental reasons,
but perhaps imminent on the technical evidence. In fact, as we’re
putting this issue to bed, gold has bounced as much as $40.
Most of that gain came after Powell, in testimony before the House,
noted that the U.S. economy is ‘far away from full employment.’
Let’s grant that he’s also angling for re-appointment, but also
recognize that gold is at extremely oversold levels and therefore
primed for some sort of rally.”
These ‘sound money’ assets will ‘come back with a vengeance’ – Lawrence Lepard
97,876 viewsSep 21, 2021
Kitco NEWS
392K subscribers
https://www.youtube.com/watch?v=8VBrfn6l9Co
$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 -
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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.
My opinions are my own and and DD I post should be confirmed as unbiased
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