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Investegate |Monument Mining Announcements | Monument Mining: Monument Announces Closing of the Joint Venture Arrangement for the Tuckanarra Project in Western Australia

Monument Announces Closing of the Joint Venture Arrangement for the Tuckanarra Project in Western Australia
VANCOUVER, British Columbia, Dec. 24, 2020 (GLOBE NEWSWIRE) Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” is pleased to announce that the Transaction of the Joint Venture Arrangement with Odyssey Gold Ltd (ASX: ODY) has closed, ODY now owns 80% of the Tuckanarra Gold Project (“Tuckanarra”) leaving Monument with a 20% free carry interest.
Tuckanarra is located in the Murchison Goldfield. The JV arrangement allows Tuckanarra exploration to be advanced right away; and provides Monument the opportunity to have future ore produced by ODY to be fed into the Burnakura gold processing plant. ....

Malaysia General , Western Australia , United Kingdom , British Columbia , Cathy Zhai , Richard Cushing , Monument Mining Limited , Odyssey Gold Ltd , Monument Mining , Regulation Services Provider , Venture Exchange , Monument Announces Closing , Joint Venture Arrangement , Tuckanarra Project , Mining Limited , Tuckanarra Gold Project , Tuckanarra Gold , Murchison Gold Projects , Selinsing Gold Mine , Mengapur Copper , Iron Project , Pahang State , மலேசியா ஜநரல் , மேற்கு ஆஸ்திரேலியா , ஒன்றுபட்டது கிஂக்டம் , பிரிட்டிஷ் கொலம்பியா ,

Monument Announces Closing of the Joint Venture Arrangement for the Tuckanarra Project in Western Australia

Monument Announces Closing of the Joint Venture Arrangement for the Tuckanarra Project in Western Australia
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Tuckanarra Gold Project , The Company , Murchison Gold Projects , Odyssey Gold Ltd , Forward Looking Statements , தி நிறுவனம் , முர்ச்சீசன் தங்கம் ப்ராஜெக்ட்ஸ் , ஒடிஸி தங்கம் லிமிடெட் , முன்னோக்கி பார்க்கிறது அறிக்கைகள் ,

Monument Mining: Monument Announces Closing of the Joint Venture Arrangement for the Tuckanarra Project in Western Australia

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VANCOUVER, British Columbia, Dec. 24, 2020 (GLOBE NEWSWIRE) Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) Monument or the Company is pleased to announce that the Transaction of the Joint Venture Arrangement with Odyssey Gold Ltd (ASX: ODY) has closed, ODY now owns 80% of the Tuckanarra Gold Project ( Tuckanarra ) leaving Monument with a 20% free carry interest.
Tuckanarra is located in the Murchison Goldfield. The JV arrangement allows Tuckanarra exploration to be advanced right away; and provides Monument the opportunity to have future ore produced by ODY to be fed into the Burnakura gold processing plant.
At closing, Monument has received the first payment of AUD$2,000,000, leaving AUD$2,000,000 cash payable due within 6 months. A AUD$1,000,000 contingency cash payment may become payable within 36 months of completion of the acquisition, conditioned upon the delineation of an independently assessed mineral resource in accordance with the JORC Code (2 ....

Malaysia General , Western Australia , United Kingdom , British Columbia , Cathy Zhai , Richard Cushing , Monument Mining Limited , Odyssey Gold Ltd , Monument Mining , Regulation Services Provider , Venture Exchange , Mining Limited , Joint Venture Arrangement , Tuckanarra Gold Project , Tuckanarra Gold , Murchison Gold Projects , Selinsing Gold Mine , Mengapur Copper , Iron Project , Pahang State , மலேசியா ஜநரல் , மேற்கு ஆஸ்திரேலியா , ஒன்றுபட்டது கிஂக்டம் , பிரிட்டிஷ் கொலம்பியா , ரிச்சர்ட் குஷிங் , நினைவுச்சின்னம் சுரங்க வரையறுக்கப்பட்டவை ,