Tuckanarra, Western Australia

Monument Reports First Quarter Fiscal 2024 (“Q1 FY2024”) Results

Retrieved on: 
Thursday, November 30, 2023
Depreciation, Economics, Acquisition, Mining, Gold, Public expenditure, Retirement, Total, Tuckanarra, Western Australia, London Bullion Market Association, TSF, DMT

The mill processed 177,494 tonnes of sulphide ore, achieving a head grade of 1.81g/t and a recovery rate of 69.63%.

Key Points: 
  • The mill processed 177,494 tonnes of sulphide ore, achieving a head grade of 1.81g/t and a recovery rate of 69.63%.
  • The total processing costs for the first quarter FY2024 were $1.61 million (Q1 FY2023: $0.31 million).
  • TSF construction resumed in the first quarter of FY2024 bringing up the TSF level to 539.25m RL.
  • No drilling was carried out during the first quarter of fiscal year 2024.

Monument Notified by Odyssey of Major Milestone Delivery at Tuckanarra Gold Project

Retrieved on: 
Thursday, August 3, 2023
Tuckanarra, Western Australia, SOFR, ASX, FSE, Milestone, MRE, JORC, AUD, Gold, Acquisition, Monument, News, Independent, Mining, Burnakura Gold Mine, Odyssey, Performance

VANCOUVER, British Columbia, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) ("Monument" or the "Company") is pleased to announce that it has been notified by Odyssey Gold Limited (“Odyssey”, ASX: ODY) that a major milestone has been achieved according to Odyssey’s recent resource statement at Tuckanarra Gold Project where Monument holds 20% free carrying interest.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) ("Monument" or the "Company") is pleased to announce that it has been notified by Odyssey Gold Limited (“Odyssey”, ASX: ODY) that a major milestone has been achieved according to Odyssey’s recent resource statement at Tuckanarra Gold Project where Monument holds 20% free carrying interest.
  • Maiden Tuckanarra Project Mineral Resource estimate (MRE) totals 5.32Mt @ 2.2g/t Au for 376koz (above a 0.9-2.0g/t Au cut off).
  • The estimate is prepared by Independent Competent Persons, Snowden Optiro, BMGS and International Resource Solutions in accordance with JORC principles and guidelines (2012 Edition).
  • The Company and Odyssey have agreed to defer the Milestone Performance Consideration Payment (the “Performance Payment”).

Monument Reports First Quarter Fiscal 2023 (“Q1 FY2023”) Results

Retrieved on: 
Wednesday, November 30, 2022
Carbon, Growth, Observation, Royalty, London Bullion Market Association, Engineering, Resource management, Acquisition, Retirement, FSE, Department for Environment, Food and Rural Affairs, Maintenance, Mineral, Public expenditure, Gold, SEDAR, Pit, News, Sale, Mining, Tuckanarra, Western Australia, RC, Health, QAQC, Social responsibility, Fortification, Gabanintha, Western Australia, NOA, Safety, Life insurance, Printed circuit board, Copper, Oil, Selinsing (state constituency), Monument, C2

Q1 FY2023 gold production was 2,066oz, a 98% increase as compared to 1,043oz for Q1 FY2022.

Key Points: 
  • Q1 FY2023 gold production was 2,066oz, a 98% increase as compared to 1,043oz for Q1 FY2022.
  • The decreased mill feed was mainly due to less oxide ore and old tailings being fed into plant.
  • During the first quarter of FY2023, the Company has begun earning royalties from Fortress Minerals Limited (Fortress) on the Mengapur Project.
  • Fiscal 2023 started with a focus on updating Gabanintha historical data to improve identifying drill targets.

Monument Commences Phase 2 Drilling Program at the Murchison Gold Project

Retrieved on: 
Wednesday, December 15, 2021
Phrase, Social responsibility, Mineral, Forward-looking statement, Tuckanarra, Western Australia, NOA1, Company, MAIG, Growth, SEDAR, Industry, NOA, FSE, Safety, Master of Engineering, Gold, Program, Mining, RC, News, Health, New, Uranium, Monument

High grade gold mineralization underneath the current pit extends to 200m vertically below surface.

Key Points: 
  • High grade gold mineralization underneath the current pit extends to 200m vertically below surface.
  • RC drilling has tested mineralization for depth extensions to NOA 4-6 to a depth of approximately 130m.
  • The NOA 2 deposit historically produced high grade gold from both an open pit and underground operation.
  • Its experienced management team is committed to growth and is also advancing the Murchison Gold Projects comprising Burnakura, Gabanintha and Tuckanarra JV (20% interest) in the Murchison area of Western Australia.

Monument Reports First Quarter Fiscal 2022 (“Q1 FY2022”) Results

Retrieved on: 
Tuesday, November 30, 2021
Public expenditure, News, Sale, Safety, SEDAR, COVID-19, Phrase, Industry, Forward-looking statement, Acquisition, RC, Retirement, Company, Income, ALS, Gold, Health, SGMM, Contract, London Bullion Market Association, EPCM, Research, Social responsibility, Mineral, Tuckanarra, Western Australia, AC, TSF, FSE, Maintenance, Engineering, Mining, Growth, Printed circuit board, Life insurance, Lithium, Construction

Q1 2022 gold production was 1,043oz, a 70% decrease as compared to 3,504oz for Q1 2021.

Key Points: 
  • Q1 2022 gold production was 1,043oz, a 70% decrease as compared to 3,504oz for Q1 2021.
  • Civil foundation work is scheduled to start in January 2022 and expected to be completed by the end of April 2022.
  • At Peranggih the reverse circulation (RC) drilling campaign covering areas of Peranggih Central and South for 3,317m over 68 RC holes was initiated last fiscal year and was completed during the first quarter of fiscal 2022.
  • All assay results for the 3,901 samples were received for analysis up to date, including assay results for 1,681 samples during the quarter ended September 30, 2021.

Monument Announces Completion of Upscaled Phase 1 Drilling in the Field at the Murchison Gold Project

Retrieved on: 
Monday, September 20, 2021
Review, RC, FSE, Master of Engineering, Orientation, RAB, Program, Authaal, Growth, Safety, Laboratory, WA, North Up Alliance, Resource management, Social responsibility, Industry, MAIG, BSZ, Health, Technical report, AC, SRK, Consultant, Technical, Groundwater, Pressure regulator, Monument, Company, Face, Banded iron formation, Speech scroll, Short form, Gold, BIF, GLOBE, Tuckanarra, Western Australia, Strike, Mining, Element, ALS, Oil, Tunnel, Uranium, Rare-earth element, Road, Printed circuit board, Granite

In addition, the drilling tested the strike continuation at Munro Bore Extension that is adjacent to Munro Bore (not owned by Monument).

Key Points: 
  • In addition, the drilling tested the strike continuation at Munro Bore Extension that is adjacent to Munro Bore (not owned by Monument).
  • All drilling completed by Monument utilized the following procedures and methodologies and was carried out under the supervision of Monument personnel.
  • The project area covers the eastern margin of the Meekatharra-Wydgee greenstone belt within the north-eastern Murchison domain.
  • Monument Mining Limited (TSX-V: MMY, FSE:D7Q1) is an established Canadian gold producer that owns and operates the Selinsing Gold Mine in Malaysia.