Monument Mining Ltd (MMY)

[NYBob]

Monument Announces Update at the Selinsing Gold Mine in Malaysia
Monument Mining
Thu, January 18, 2024 at 9:33 p.m. EST

https://ca.finance.yahoo.com/news/monument-announces-selinsing-gold-mine-023300139.html

19,000 ounces Produced, 15000 ounces Sold
Imagine what this mine will do when fully tuned to capacity ..

tdate, the flotation plant has produced over 16,000 tonnes of concentrates at a grade of 37 grams per tonne gold.

( 16,000 tons times 1.2 ounces per ton = 19,000 ounces valued at $45 m in CAD


Shipments have been made to three separate buyers, and negotiations continue with several potential new customers.


To date, over 12,500 tonnes of concentrate have been delivered to Johor and Port Klang free zones.

( 12500 tons times 1.2 ounces per ton = 15,000 ounces worth $37 million in CAD


Export permits have been renewed with the relevant state authorities as required

. Transport of the latest delivery of 3,500 wet metric tonnes to Port Klang free zone has been completed with vessel to depart in mid-January, 2024.

( 3500 tons times 1.2 ounces per ton = 4200 ounces worth $11 m cad


Sale of a further 3,000 tonnes of concentrate currently available has been finalized, and shipment preparation of the concentrate to the port is in progre

3000 tons times 1.2 ounces per ton = 3600 ounces worth $9 milliin cad

Add it all up.

We are coming along a bit slower than expected but we are well into robust cash flows and increasing our cash balance
by nozzpackon Jan 19, 2024

Murchison Historical Resources The Murchison portfolio contained historical resources of -
644koz at the time of acquisitions.
Monument is systematically performing all the necessary work to convert and validate these historical
resources into current resources under NI43-101 guidelines.
A breakdown of the historical resources is detailed in the table below

NI 43-101-Indicated Resources 293 koz Au NI 43-101-Inferred Resources 88 koz Au Historical Resources** 644 koz Au

https://monumentmining.com/news-media/news/2023/monument-reports-fourth-quarter-and-fiscal-2023-results-gross-revenue-of-us-12.39-million-and-cash-cost-of-us-917-oz-for-gold/



$Monument Mining Ltd:

Welcome Some good pics from the plants -

https://monumentmining.com/news-media/photo-gallery/

https://investorshub.advfn.com/Monument-Mining-Ltd-MMY-13403

https://monumentmining.com
https://monumentmining.com/news-media/photo-gallery/
https://monumentmining.com/investors/presentation/
https://monumentmining.com/news-media/news/
1y Target Est 0.43
https://finance.yahoo.com/quote/MMY.V?p=MMY.V&.tsrc=fin-srch



Murchison Gold Mine Mill -


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