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Thursday, June 16, 2022 6:10:55 PM

Re: gfp927z post# 267

Post# of 272
gfp927z watch; Monument Mining (TSXV:MMY) to process sulphide ore as it seeks potential
From the Floor, PDAC 2022
TSXV:MMY $32.68M

Caroline Egan
14 June 2022 12:45 (EDT)


Monument Mining’s (TSXV:MMY) President and CEO, Cathy Zhai, joined The
Market Herald’s Brieanna McCutcheon at PDAC 2022 to share exciting news
about its Selinsing Gold Property near Kuala Lumpur.

The company is planning to process sulphide ore into gold concentrate at
Selinsing by January 2023 with a projected life of mine of six years.

A processing plant is finalized and almost ready to capitalize on gold resources of
880,000 ounces and reserves of 267,000 ounces at 1.45 grams per tonne.

Drilling at its Murchison Gold Property in Australia is also underway exploring a
historical resource of 644,000 ounces and a recently reported resource
of 293,000 ounces.
The company’s latest assay results from drilling include a substantial grade
of 32 grams of gold per tonne over 4.00 metres.

Monument’s main focus is to top up its gold inventory and production capabilities,
as well as evaluate potential acquisition opportunities to enhance shareholder
Zhai intends to identify potential targets while at PDAC for future due diligence.

The company stated it already has interested buyers for its gold concentrate as it
prepares to ramp up production.
This is in line with Zhai’s strong short-term outlook for the price of gold, which she
sees potentially topping out around US$2,000 per ounce from current levels.

bigone, also from the Monument Mining presentation

Murchinson , they found visible gold in deep, and Less than 5% of drilling deeper
than 100m

below photo shows
visible gold sighted in RC hole 12BNRC050 at 219m downhole at NOA 1


New Report on Monument Mining

Just out .....




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