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Monument Reports Second Quarter Fiscal 2021 ("Q2 2021") Results

Monument Reports Second Quarter Fiscal 2021 (“Q2 2021”) Results
03/01/2021 | 11:03am EDT
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VANCOUVER, British Columbia, March 01, 2021 (GLOBE NEWSWIRE) Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” today announced its second quarter production and financial results for the six months ended December 31, 2020. All amounts are expressed in United States dollars (“US$”) unless otherwise indicated (refer to www.sedar.com for full financial results).
President and CEO Cathy Zhai commented: “During the first six months of fiscal 2021, the Company has completed the economic valuation of each of its wholly-owned projects, closed the Tuckanarra JV Transaction, and streamlined the gold portfolio by entering into the definitive agreement to sell the Mengapur base metal project subsequent to the second quarter. Upon closing the Mengapur transaction, the Company’s strategy wil ....

Malaysia General , Western Australia , United States , United Kingdom , British Columbia , City Of , Cathy Zhai , Richard Cushing , Monument Mining Limited , Odyssey Gold Ltd , Monument Mining , London Bullion Market Association , Mining Limited , Quarter Highlights , Tuckanarra Project , Selinsing Gold Mine , London Fix , Mineral Consultants , Joint Venture Arrangement , Tuckanarra Gold Project , Peranggih Prospect , Canning Vale , Chrysos Photon Assay , Mengapur Copper Iron Project , Pahang State , Murchison Gold Projects ,

Monument Mining: Monument Reports Second Quarter Fiscal 2021 (Q2 2021) Results

(1)
Defined as good delivery gold bullion according to London Bullion Market Association ( LBMA ), net of gold dore in transit and refinery adjustment.
(2)
Monument realized 1,889US$/oz and 1,899US$/oz for the three months and six months ended December 31, 2020.
(3)
Total cash cost per ounce includes production costs such as mining, processing, tailing facility maintenance and camp administration, royalties and operating costs such as storage, temporary mine production closure, community development cost and property fees, net of by-product credits. Cash cost excludes amortization, depletion, accretion expenses, idle production costs, capital costs, exploration costs and corporate administration costs. Readers should refer to section 14 Non-IFRS Performance Measures . ....

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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
December 24, 2020 22:19 ET
| Source:
Monument Mining
Monument Mining
Vancouver, British Columbia, CANADA
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 , Venture Exchange , Regulation Services Provider , Mining Limited , Joint Venture Arrangement , Tuckanarra Gold Project , Tuckanarra Gold , Murchison Gold Projects , Selinsing Gold Mine , Mengapur Copper , Iron Project , Pahang State , Tsx Venture Exchange Mmy , மலேசியா ஜநரல் , மேற்கு ஆஸ்திரேலியா , ஒன்றுபட்டது கிஂக்டம் , பிரிட்டிஷ் கொலம்பியா , ரிச்சர்ட் குஷிங் ,

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

(2)
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 ,