Monument Mining is by far the cheapest gold miner in the list: - 2800 tpd Malaysia plant at 1.9 g/t gold - AISC of $600/ounce - 40K gold production - EV/FCF of 1.5 - 5X leverage to gold price - 10 rigs - 750 tpd Australia plant idled ready to go - 2M ounces of resources+reserves pic.twitter.com/kJ6idoqr2X
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