be more developed soon for milling restart -
The construction and commissioning of the new SELINSING GOLD Floatation Plant has
diverted our attention -
including the phase 2 drilling program , but that should change soon.
Our Murchison Gold Project is a premium asset that could be brought to resume
production once cash flows from the Selinsing Gold mine begins to fill our coffers.
Murchison Photo Gallery
https://monumentmining.com/news-media/photo-gallery/
Just below the NOA #1 pit we struck bonanza gold of 4m of 32grams .
This was open to the east , the south and at depth , and ended in mineralization .
Very cheap to access by an existing decline ramp from the pit bottom . And literally a stone
throw from our Burnakurra mill
.
Further , recent and historical drilling has shown that this rich basement lode under pit # 1
extends all the way from NOA pits 1 through 8 .
Average grades below pit #8 is in excess of 6 gms per ton which is very rich compared to
2.9 grams for nearby Big Bell
appear to be joined at depth and open to the north and south . Do they also have grades like
NOA#1 at depth ?
We also discovered potentially new resources at the Junction and have yet to even scratch
the surface at the other 16 shallow targets .
There is also a stockpile of decent grade ore near our Burnakura mill and enough high
grade ore in the historic tailings dump a few kms away to get the mill going
Few other companies can only dream about these assets matched up with a fully
operational mill.
Our 80 % partner ODY has made some truly amazing intersections at Tuckanarra and this
current drill program should lead to a Feasability study.
We know that WestAim is drooling at these 4 tenements owned either 100% by us (2 ) and
20% of the other two with ODY.
We should get an update on our new drilling program when Q2 reports
https://monumentmining.com/projects/murchison-gold-portfolio/
Corporate Presentation December 2022
https://monumentmining.com/site/assets/files/4320/mmy-corporate-presentation-december-2022.pdf
https://monumentmining.com
https://investorshub.advfn.com/Monument-Mining-Ltd-MMY-13403
God Bless
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