MONUMENT Mining Ltd. (WKN: A0MSJR) Goldproduzent aus Kanada!!!!!!!!!!!!!!!! (Seite 2836)
eröffnet am 18.07.07 20:46:05 von
neuester Beitrag 17.01.24 11:14:47 von
neuester Beitrag 17.01.24 11:14:47 von
Beiträge: 28.400
ID: 1.130.522
ID: 1.130.522
Aufrufe heute: 0
Gesamt: 2.912.703
Gesamt: 2.912.703
Aktive User: 0
ISIN: CA61531Y1051 · WKN: A0MSJR · Symbol: D7Q1
0,1650
CAD
+10,00 %
+0,0150 CAD
Letzter Kurs 10.05.24 TSX Venture
Neuigkeiten
03.04.24 · wO Chartvergleich |
22.03.24 · Swiss Resource Capital AG Anzeige |
02.03.24 · globenewswire |
01.03.24 · globenewswire  |
Werte aus der Branche Rohstoffe
| Wertpapier | Kurs | Perf. % |
|---|---|---|
| 1,0000 | +809,09 | |
| 8,0000 | +45,45 | |
| 11,000 | +19,57 | |
| 1,6640 | +16,04 | |
| 527,60 | +15,68 |
| Wertpapier | Kurs | Perf. % |
|---|---|---|
| 6,6800 | -8,94 | |
| 0,7000 | -10,26 | |
| 324,70 | -10,30 | |
| 8,1000 | -20,59 | |
| 0,6601 | -26,22 |
Beitrag zu dieser Diskussion schreiben
Feedback
Rohstoffe-Go - Monument Mining zum Tier-1-Konzern hochgestuft
Eine erfreuliche Nachricht für den aufstrebenden kanadischen Goldkonzern Monument Mining. Erst kürzlich verkündete Robert Baldock, CEO und Präsident von Monument, bei einer Präsentation in Toronto, dass die Gesellschaft rund 38 Millionen Dollar aufbringen wird, um das zu 100 Prozent im Besitz des Unternehmens befindliche Selinsing-Projekt, in Malaysia gelegen, in Richtung Produktion voranzubringen.
Eine erfreuliche Nachricht für den aufstrebenden kanadischen Goldkonzern Monument Mining. Erst kürzlich verkündete Robert Baldock, CEO und Präsident von Monument, bei einer Präsentation in Toronto, dass die Gesellschaft rund 38 Millionen Dollar aufbringen wird, um das zu 100 Prozent im Besitz des Unternehmens befindliche Selinsing-Projekt, in Malaysia gelegen, in Richtung Produktion voranzubringen.
Monument Mining acquires Malaysian mill
2008-05-26 09:17 ET - News Release
Mr. Robert Baldock reports
MONUMENT ACQUIRES SECOND MILL FOR FUTURE PRODUCTION PLANT UPGRADE
Monument Mining Ltd. has reached an agreement to acquire a one-million-tonne-per-year mill from Avocet Mining PLC, its 19.4-per-cent shareholder, in readiness for an intended upgrade of its planned stage I gold treatment plant construction program, at its 100-per-cent-owned Selinsing gold mine project in Pahang state, Malaysia.
The stage I 400,000-tonne-per-year gold treatment plant is designed to initially produce approximately 40,000 ounces of gold per year, with a crushing circuit installed suitable for a planned stage II plant extension to increase production. In addition to the first 400,000-tonne-per-year mill purchased last year for the stage I Selinsing CIL gold treatment plant, this second mill will be reserved for the stage II future plant upgrade.
Monument is taking advantage of the immediate availability of the one-million-tonne-per-year mill from Avocet. The acquisition and relocation of the mill to the Selinsing site are readily and economically feasible since the twin of this mill has recently been installed in Avocet's plant upgrade at the nearby Penjom gold mine in Pahang state, Malaysia, approximately 40 kilometres away from Selinsing. The long waiting times for equipment delivery and constant price increases under the current industry climate make this acquisition attractive.
The $3.25-million consideration for the mill will be paid by issuance of 8,125,000 units of Monument's equity at 40 cents per unit, on the same terms as the private placement announced in Stockwatch on May 13, 2008, subject to necessary regulatory approvals. Each unit represents one share and one share purchase warrant exercisable for 50 cents.
Monument has recently announced it will raise $28.0-million by way of private placement and $10.0-million by way of a convertible note in order to build its planned stage I 400,000-tonne-per-year CIL gold treatment plant, develop the Selinsing open-pit gold project, as well as acquire two new convertible reverse circulation/diamond drill rigs for exploration expansion at Buffalo Reef and elsewhere, and eliminate the present $9.0-million debt.
Subject to closing the financing, the 400,000-tonne-per-year CIL gold treatment plant is expected to be in production in the first half year of 2009. The planned stage II plant upgrade will not happen for approximately six to 12 months after the commissioning of the 400,000-tonne-per-year CIL gold treatment plant and will be subject to the future exploration success of Buffalo Reef, which at present does not have a National Instrument 43-101 resource report issued. It is expected this report will be commissioned at the completion of the present drilling program projected later in 2008. The Buffalo Reef exploration and drilling program has presently completed approximately 6,500 metres of reverse circulation drilling out of a combined reverse circulation/diamond drilling program totalling 12,400 metres.
2008-05-26 09:17 ET - News Release
Mr. Robert Baldock reports
MONUMENT ACQUIRES SECOND MILL FOR FUTURE PRODUCTION PLANT UPGRADE
Monument Mining Ltd. has reached an agreement to acquire a one-million-tonne-per-year mill from Avocet Mining PLC, its 19.4-per-cent shareholder, in readiness for an intended upgrade of its planned stage I gold treatment plant construction program, at its 100-per-cent-owned Selinsing gold mine project in Pahang state, Malaysia.
The stage I 400,000-tonne-per-year gold treatment plant is designed to initially produce approximately 40,000 ounces of gold per year, with a crushing circuit installed suitable for a planned stage II plant extension to increase production. In addition to the first 400,000-tonne-per-year mill purchased last year for the stage I Selinsing CIL gold treatment plant, this second mill will be reserved for the stage II future plant upgrade.
Monument is taking advantage of the immediate availability of the one-million-tonne-per-year mill from Avocet. The acquisition and relocation of the mill to the Selinsing site are readily and economically feasible since the twin of this mill has recently been installed in Avocet's plant upgrade at the nearby Penjom gold mine in Pahang state, Malaysia, approximately 40 kilometres away from Selinsing. The long waiting times for equipment delivery and constant price increases under the current industry climate make this acquisition attractive.
The $3.25-million consideration for the mill will be paid by issuance of 8,125,000 units of Monument's equity at 40 cents per unit, on the same terms as the private placement announced in Stockwatch on May 13, 2008, subject to necessary regulatory approvals. Each unit represents one share and one share purchase warrant exercisable for 50 cents.
Monument has recently announced it will raise $28.0-million by way of private placement and $10.0-million by way of a convertible note in order to build its planned stage I 400,000-tonne-per-year CIL gold treatment plant, develop the Selinsing open-pit gold project, as well as acquire two new convertible reverse circulation/diamond drill rigs for exploration expansion at Buffalo Reef and elsewhere, and eliminate the present $9.0-million debt.
Subject to closing the financing, the 400,000-tonne-per-year CIL gold treatment plant is expected to be in production in the first half year of 2009. The planned stage II plant upgrade will not happen for approximately six to 12 months after the commissioning of the 400,000-tonne-per-year CIL gold treatment plant and will be subject to the future exploration success of Buffalo Reef, which at present does not have a National Instrument 43-101 resource report issued. It is expected this report will be commissioned at the completion of the present drilling program projected later in 2008. The Buffalo Reef exploration and drilling program has presently completed approximately 6,500 metres of reverse circulation drilling out of a combined reverse circulation/diamond drilling program totalling 12,400 metres.
Monument arranges $38-million debt, equity financing
2008-05-13 09:52 ET - News Release
Mr. Robert Baldock reports
MONUMENT ANNOUNCES $38.0 M CAPITAL RAISING TO COMMENCE PLANT CONSTRUCTION AND EXPAND EXPLORATION ACTIVITIES
Monument Mining Ltd. will proceed with a private placement to raise $38-million, subject to shareholder and TSX Venture Exchange approval, to be fully financed to complete construction of its 100-per-cent-owned Malaysian gold mine project, advance exploration programs and discharge an existing $9-million debt.
The company has arranged to raise $28-million of equity, through a non-brokered private placement at a price of 40 cents per unit (plus an allowance for oversubscription for an additional $3.2-million). Each unit consists one share and one share purchase warrant of the issuer. Each share purchase warrant entitles the holder to acquire one share of the issuer at 50 cents per share. This is an arm's-length financing and 10 per cent of total gross proceeds will be paid as commission to the agent for this transaction.
Concurrently with the equity financing, Monument proposes to secure a convertible credit facility for up to $10-million with a three-year term and interest at 3 per cent. Monument would draw down not less than $6-million by Dec. 31, 2008, as needed to finance its development work. The interest for the first year would be payable in shares or cash at the discretion of the company and in cash thereafter.
The credit facility will be convertible into units being one share and one-half warrant, the warrant being exercisable at 75 cents if converted in the first two years of the facility and 83 cents if converted in the third year of the facility. The conversion share price on the facility is to be 40 cents per unit in respect to funds drawn down by Dec. 31, 2008.
The equity financing will require shareholder consent as it will create a new control position. Monument presently has two shareholders holding more than 50 per cent of the present outstanding shares and they have indicated they will consent to the equity financing and the credit facility.
The private placement and the convertible credit facility will close on or before June 30, 2008, or at such prior time at the issuer's discretion for the company to meet all of its obligations. All securities issued under the private placement and credit facility will be subject to a four-month holding period from the date of closing.
With this financing, the company will be fully financed to production and expects to be producing gold in the first half of 2009. The funds will be used to construct a 1,200 tonne-per-day CIL treatment plant with a gold production capacity of up to 40,000 ounces per year, commence development of the open-cut gold project, acquire two new convertible reverse-circulation/diamond drill rigs in order to continue and expand its exploration program on Buffalo Reef and elsewhere, in addition to its present exploration drilling capability. The funds will also be used for other general working capital purposes.
Mr. Baldock, president and chief executive officer of the company, said: "The completion of this financing will be a milestone for the company to move to the construction stage. The construction period of the treatment plant facility under current market conditions is expected to be completed within a year of commencement and a positive cash flow will be generated from commercial gold production thereafter, with no further funding requirement expected from the capital markets in the foreseeable future. Such cash flow is expected to provide adequate funding for an aggressive but focused exploration program on the company land inventory and elsewhere and to retire its convertible note obligations. The company believes that the exploration potential for the region is significant, based on the data base of preliminary exploration results it has acquired and the land inventory package now held or being acquired adjacent and nearby to its presently planned production facility."
Mr. Baldock further comments: "With adequate financing in place, the company will expand its exploration capability within Malaysia, commencing with the placement of an order for two new drill platforms. These mobile tracked platforms complete with all equipment and spares, including compressors, will be convertible in the field from reverse-circulation to diamond drilling to produce HQ drill core. Each platform will be fully equipped and able to operate independently of each other as complete stand-alone units. At the same time, the company will commence a recruitment and training program to expand its present staff of two drilling teams to provide more flexibility to its exploration operations."
2008-05-13 09:52 ET - News Release
Mr. Robert Baldock reports
MONUMENT ANNOUNCES $38.0 M CAPITAL RAISING TO COMMENCE PLANT CONSTRUCTION AND EXPAND EXPLORATION ACTIVITIES
Monument Mining Ltd. will proceed with a private placement to raise $38-million, subject to shareholder and TSX Venture Exchange approval, to be fully financed to complete construction of its 100-per-cent-owned Malaysian gold mine project, advance exploration programs and discharge an existing $9-million debt.
The company has arranged to raise $28-million of equity, through a non-brokered private placement at a price of 40 cents per unit (plus an allowance for oversubscription for an additional $3.2-million). Each unit consists one share and one share purchase warrant of the issuer. Each share purchase warrant entitles the holder to acquire one share of the issuer at 50 cents per share. This is an arm's-length financing and 10 per cent of total gross proceeds will be paid as commission to the agent for this transaction.
Concurrently with the equity financing, Monument proposes to secure a convertible credit facility for up to $10-million with a three-year term and interest at 3 per cent. Monument would draw down not less than $6-million by Dec. 31, 2008, as needed to finance its development work. The interest for the first year would be payable in shares or cash at the discretion of the company and in cash thereafter.
The credit facility will be convertible into units being one share and one-half warrant, the warrant being exercisable at 75 cents if converted in the first two years of the facility and 83 cents if converted in the third year of the facility. The conversion share price on the facility is to be 40 cents per unit in respect to funds drawn down by Dec. 31, 2008.
The equity financing will require shareholder consent as it will create a new control position. Monument presently has two shareholders holding more than 50 per cent of the present outstanding shares and they have indicated they will consent to the equity financing and the credit facility.
The private placement and the convertible credit facility will close on or before June 30, 2008, or at such prior time at the issuer's discretion for the company to meet all of its obligations. All securities issued under the private placement and credit facility will be subject to a four-month holding period from the date of closing.
With this financing, the company will be fully financed to production and expects to be producing gold in the first half of 2009. The funds will be used to construct a 1,200 tonne-per-day CIL treatment plant with a gold production capacity of up to 40,000 ounces per year, commence development of the open-cut gold project, acquire two new convertible reverse-circulation/diamond drill rigs in order to continue and expand its exploration program on Buffalo Reef and elsewhere, in addition to its present exploration drilling capability. The funds will also be used for other general working capital purposes.
Mr. Baldock, president and chief executive officer of the company, said: "The completion of this financing will be a milestone for the company to move to the construction stage. The construction period of the treatment plant facility under current market conditions is expected to be completed within a year of commencement and a positive cash flow will be generated from commercial gold production thereafter, with no further funding requirement expected from the capital markets in the foreseeable future. Such cash flow is expected to provide adequate funding for an aggressive but focused exploration program on the company land inventory and elsewhere and to retire its convertible note obligations. The company believes that the exploration potential for the region is significant, based on the data base of preliminary exploration results it has acquired and the land inventory package now held or being acquired adjacent and nearby to its presently planned production facility."
Mr. Baldock further comments: "With adequate financing in place, the company will expand its exploration capability within Malaysia, commencing with the placement of an order for two new drill platforms. These mobile tracked platforms complete with all equipment and spares, including compressors, will be convertible in the field from reverse-circulation to diamond drilling to produce HQ drill core. Each platform will be fully equipped and able to operate independently of each other as complete stand-alone units. At the same time, the company will commence a recruitment and training program to expand its present staff of two drilling teams to provide more flexibility to its exploration operations."
Mal sehen wie es hier weitergeht, ist dem PP schon zugestimmt worden?
Monument drills 11 m of 8.3 g/t Au at Buffalo Reef
2008-03-06 09:57 ET - News Release
Mr. Robert Baldock reports
CLARIFICATION OF RELEASE: MONUMENT RELEASES POSITIVE DRILL RESULTS - PHASE II PROGRAM AT BUFFALO REEF
Monument Mining Ltd. has released the first batch of phase 2 assay results from the continuing exploration program on the Buffalo Reef project, located in Malaysia (also see March 3, 2008, news release in Stockwatch).
"The results from this program indicate that gold mineralization found on the Buffalo Reef property is part of a much larger gold camp, which stretches from the Selinsing gold mine to the north, for over a 4.2-kilometre-long shear zone. The gold mineralization within the structure is still open north, along strike and downdip," said Zaidi Harun, vice-president of exploration. "Encouraged by these results, monument has enlarged its land position in the area to cover what it believes are strategic areas of gold mineralization." Refer to the news release in Stockwatch on Jan. 21, 2008.
The primary objective of the phase 2 drill program is to increase the size of the Buffalo Reef discovery and, at the same time, outline the extent of a proposed open pit, in order to optimize the pit design and keep ore dilution to a minimum. The southern limits of gold mineralization at Buffalo Reef lie about 500 metres northeast of the proposed Selinsing plant site. Previously, Avocet Mining LLP, a London-based senior mining company and former owner of the Buffalo Reef, had concluded that the oxide material could be treated successfully, using heap-leaching techniques. Monument will be conducting a program of metallurgical testwork to determine the suitability of the oxide material being treated in a CIL circuit at Selinsing.
The first batch of phase 2 assay results were obtained from mineralized structure found at the Southern zone of Buffalo Reef area. The structure is 500 m long and up to 70 m in width. The best intercepts, as outlined in the table, are related to the easterly dipping shear structure, where quartz veins occur in a pervasive silicified rock. The result shows good correlation of data between the current drilling and the historic assay database, and is expected to significantly improve the integrity of the historical data. It is the company's intention to commission a new report, which is intended to contain a resource estimate report.
SIGNIFICANT DRILL INTERCEPTS FROM MBRRC 22 TO MBRRC 36
Hole From (m) To (m) Thickness (m) Au (g/t)
MBRRC0022 9 12 3 3.42
MBRRC0023 49 59 10 4.84
includes 56 57 1 15.40
MBRRC0024 5 6 1 4.30
MBRRC0024 11 17 6 3.68
MBRRC0025 21 23 2 8.02
includes 21 22 1 12.90
MBRRC0027 47 58 11 8.33
includes 57 58 1 20.00
MBRRC0028 3 6 3 4.14
MBRRC0029 1 9 8 3.50
MBRRC0030 28 34 6 9.12
includes 30 32 2 20.15
MBRRC0031 28 35 7 4.51
includes 28 30 2 10.22
MBRRC0033 57 60 3 4.99
MBRRC0033 66 68 2 2.94
MBRRC0035 36 48 12 3.22
MBRRC0036 28 36 8 6.55
includes 32 34 2 10.50
Holes are drilled inclined at 60 degrees, with azimuth of
270 degrees, and are designed to intersect perpendicular to
the mineralization, so that the downhole thickness reflects
the true thickness of the intersection.
The current, continuing, closed-space, 20-by-20-metre drilling program, over the main part of the southern, central and northern mineralization zone, is aimed at assisting in lifting the economics of the Selinsing processing plant.
The reverse circulation drill results from the phase 1 program were announced in a news release in Stockwatch on Feb. 4, 2008. In order to complete the phase 1 program, a diamond drill rig will be brought in for a 1,400-metre diamond drilling program.
Michael Andrew, AusIMM, of Snowden Mining Industry Consultants Pty. Ltd., a qualified person under National Instrument 43-101, is overseeing the drilling program, and quality assurance and quality control programs, on behalf of Monument Mining, and has reviewed the contents of this news release.
The above drill results are part of a continuing reverse circulation drilling program that will be progressively released to the market, as the laboratories perform the work. The assay work is performed by Ultratrace Pty. Ltd. Analytical Laboratories of Perth, Western Australia, a Nata-accredited laboratory which complies with requirements of ISO/IEC 1725:2005.
2008-03-06 09:57 ET - News Release
Mr. Robert Baldock reports
CLARIFICATION OF RELEASE: MONUMENT RELEASES POSITIVE DRILL RESULTS - PHASE II PROGRAM AT BUFFALO REEF
Monument Mining Ltd. has released the first batch of phase 2 assay results from the continuing exploration program on the Buffalo Reef project, located in Malaysia (also see March 3, 2008, news release in Stockwatch).
"The results from this program indicate that gold mineralization found on the Buffalo Reef property is part of a much larger gold camp, which stretches from the Selinsing gold mine to the north, for over a 4.2-kilometre-long shear zone. The gold mineralization within the structure is still open north, along strike and downdip," said Zaidi Harun, vice-president of exploration. "Encouraged by these results, monument has enlarged its land position in the area to cover what it believes are strategic areas of gold mineralization." Refer to the news release in Stockwatch on Jan. 21, 2008.
The primary objective of the phase 2 drill program is to increase the size of the Buffalo Reef discovery and, at the same time, outline the extent of a proposed open pit, in order to optimize the pit design and keep ore dilution to a minimum. The southern limits of gold mineralization at Buffalo Reef lie about 500 metres northeast of the proposed Selinsing plant site. Previously, Avocet Mining LLP, a London-based senior mining company and former owner of the Buffalo Reef, had concluded that the oxide material could be treated successfully, using heap-leaching techniques. Monument will be conducting a program of metallurgical testwork to determine the suitability of the oxide material being treated in a CIL circuit at Selinsing.
The first batch of phase 2 assay results were obtained from mineralized structure found at the Southern zone of Buffalo Reef area. The structure is 500 m long and up to 70 m in width. The best intercepts, as outlined in the table, are related to the easterly dipping shear structure, where quartz veins occur in a pervasive silicified rock. The result shows good correlation of data between the current drilling and the historic assay database, and is expected to significantly improve the integrity of the historical data. It is the company's intention to commission a new report, which is intended to contain a resource estimate report.
SIGNIFICANT DRILL INTERCEPTS FROM MBRRC 22 TO MBRRC 36
Hole From (m) To (m) Thickness (m) Au (g/t)
MBRRC0022 9 12 3 3.42
MBRRC0023 49 59 10 4.84
includes 56 57 1 15.40
MBRRC0024 5 6 1 4.30
MBRRC0024 11 17 6 3.68
MBRRC0025 21 23 2 8.02
includes 21 22 1 12.90
MBRRC0027 47 58 11 8.33
includes 57 58 1 20.00
MBRRC0028 3 6 3 4.14
MBRRC0029 1 9 8 3.50
MBRRC0030 28 34 6 9.12
includes 30 32 2 20.15
MBRRC0031 28 35 7 4.51
includes 28 30 2 10.22
MBRRC0033 57 60 3 4.99
MBRRC0033 66 68 2 2.94
MBRRC0035 36 48 12 3.22
MBRRC0036 28 36 8 6.55
includes 32 34 2 10.50
Holes are drilled inclined at 60 degrees, with azimuth of
270 degrees, and are designed to intersect perpendicular to
the mineralization, so that the downhole thickness reflects
the true thickness of the intersection.
The current, continuing, closed-space, 20-by-20-metre drilling program, over the main part of the southern, central and northern mineralization zone, is aimed at assisting in lifting the economics of the Selinsing processing plant.
The reverse circulation drill results from the phase 1 program were announced in a news release in Stockwatch on Feb. 4, 2008. In order to complete the phase 1 program, a diamond drill rig will be brought in for a 1,400-metre diamond drilling program.
Michael Andrew, AusIMM, of Snowden Mining Industry Consultants Pty. Ltd., a qualified person under National Instrument 43-101, is overseeing the drilling program, and quality assurance and quality control programs, on behalf of Monument Mining, and has reviewed the contents of this news release.
The above drill results are part of a continuing reverse circulation drilling program that will be progressively released to the market, as the laboratories perform the work. The assay work is performed by Ultratrace Pty. Ltd. Analytical Laboratories of Perth, Western Australia, a Nata-accredited laboratory which complies with requirements of ISO/IEC 1725:2005.
Trading Spotlight
Monument drills 11 m of 8.33 g/t Au at Buffalo Reef
2008-03-03 10:51 ET - News Release
Mr. Robert Baldock reports
MONUMENT RELEASES POSITIVE DRILL RESULTS - PHASE II PROGRAM AT BUFFALO REEF
Monument Mining Ltd. has released the first batch of phase II assay results from the exploration program on the Buffalo Reef project, located in Malaysia.
"The results from this program indicate that gold mineralization found on the Buffalo Reef property is part of a much larger gold camp which stretches from the Selinsing gold mine to the north for over a 4.2-kilometre-long shear zone. The gold mineralization within the structure is still open north, along strike and downdip," said Zaidi Harun, vice-president of exploration. "Encouraged by these results, Monument has enlarged its land position in the area to cover what it believes are strategic areas of gold mineralization." (See news release "Monument Acquires Package of Additional Adjacent Land" reported in Stockwatch on Jan. 21, 2008.)
The primary objective of the phase II drill program is to increase the size of the Buffalo Reef resource and, at the same time, outline the extent of a proposed open pit in order to optimize the pit design and keep ore dilution to a minimum. The southern limits of gold mineralization at Buffalo Reef lie about 500 metres northeast of the proposed Selinsing plant site. Previously, Avocet Mining LLP, a London-based senior mining company and former owner of the Buffalo Reef, had concluded that the oxide material could be treated successfully using heap-leaching techniques. Monument will be conducting a program of metallurgical testwork to determine the suitability of the oxide material being treated in a CIL circuit at Selinsing.
The first batch of phase II assay results was obtained from a mineralized structure found at the Southern zone of Buffalo Reef area. The structure is 500 metres long and up to 70 metres in width. The best intercepts, as outlined in the table, are related to the easterly dipping shear structure where quartz veins occur in a pervasive silicified rock. The result shows good correlation of data between the current drilling and historic assay database, and is expected to significantly improve the integrity of the historical data. These results, part of a 10,000-metre infill drill program, are expected to increase the confidence level in the current inferred resource and will result in a new reserve and resource statement to be issued later this year.
SIGNIFICANT DRILL INTERCEPTS FROM MBRRC 22 TO MBRRC 36
Hole From (m) To (m) Thickness (m) Au (g/t)
MBRRC0022 9 12 3 3.42
MBRRC0023 49 59 10 4.84
includes 56 57 1 15.40
MBRRC0024 5 6 1 4.30
MBRRC0024 11 17 6 3.68
MBRRC0025 21 23 2 8.02
includes 21 22 1 12.90
MBRRC0027 47 58 11 8.33
includes 57 58 1 20.00
MBRRC0028 3 6 3 4.14
MBRRC0029 1 9 8 3.50
MBRRC0030 28 34 6 9.12
includes 30 32 2 20.15
MBRRC0031 28 35 7 4.51
includes 28 30 2 10.22
MBRRC0033 57 60 3 4.99
MBRRC0033 66 68 2 2.94
MBRRC0035 36 48 12 3.22
MBRRC0036 28 36 8 6.55
includes 32 34 2 10.50
The current closed-space, 20-metre-by-20-metre drilling program over the main part of the southern, central and northern mineralization zones is aimed at assisting in lifting the economics of the Selinsing processing plant.
The reverse-circulation drill results from the phase I program were announced in a news release in Stockwatch on Feb. 4, 2008. In order to complete phase I program, a diamond drill rig will be brought in for a 1,400-metre diamond drilling program.
Michael Andrew, AusIMM, of Snowden Mining Industry Consultants Pty. Ltd., a qualified person under National Instrument 43-101, is overseeing the drilling program and quality assurance and quality control programs on behalf of Monument Mining and has reviewed the contents of this news release.
The above drill results are part of a reverse-circulation drilling program that will be progressively released to the market as the laboratories perform the work. The assay work is performed by Ultratrace Pty. Ltd. Analytical Laboratories of Perth, Western Australia, a NATA-accredited laboratory which complies with requirements of ISO/IEC 1725:2005.
2008-03-03 10:51 ET - News Release
Mr. Robert Baldock reports
MONUMENT RELEASES POSITIVE DRILL RESULTS - PHASE II PROGRAM AT BUFFALO REEF
Monument Mining Ltd. has released the first batch of phase II assay results from the exploration program on the Buffalo Reef project, located in Malaysia.
"The results from this program indicate that gold mineralization found on the Buffalo Reef property is part of a much larger gold camp which stretches from the Selinsing gold mine to the north for over a 4.2-kilometre-long shear zone. The gold mineralization within the structure is still open north, along strike and downdip," said Zaidi Harun, vice-president of exploration. "Encouraged by these results, Monument has enlarged its land position in the area to cover what it believes are strategic areas of gold mineralization." (See news release "Monument Acquires Package of Additional Adjacent Land" reported in Stockwatch on Jan. 21, 2008.)
The primary objective of the phase II drill program is to increase the size of the Buffalo Reef resource and, at the same time, outline the extent of a proposed open pit in order to optimize the pit design and keep ore dilution to a minimum. The southern limits of gold mineralization at Buffalo Reef lie about 500 metres northeast of the proposed Selinsing plant site. Previously, Avocet Mining LLP, a London-based senior mining company and former owner of the Buffalo Reef, had concluded that the oxide material could be treated successfully using heap-leaching techniques. Monument will be conducting a program of metallurgical testwork to determine the suitability of the oxide material being treated in a CIL circuit at Selinsing.
The first batch of phase II assay results was obtained from a mineralized structure found at the Southern zone of Buffalo Reef area. The structure is 500 metres long and up to 70 metres in width. The best intercepts, as outlined in the table, are related to the easterly dipping shear structure where quartz veins occur in a pervasive silicified rock. The result shows good correlation of data between the current drilling and historic assay database, and is expected to significantly improve the integrity of the historical data. These results, part of a 10,000-metre infill drill program, are expected to increase the confidence level in the current inferred resource and will result in a new reserve and resource statement to be issued later this year.
SIGNIFICANT DRILL INTERCEPTS FROM MBRRC 22 TO MBRRC 36
Hole From (m) To (m) Thickness (m) Au (g/t)
MBRRC0022 9 12 3 3.42
MBRRC0023 49 59 10 4.84
includes 56 57 1 15.40
MBRRC0024 5 6 1 4.30
MBRRC0024 11 17 6 3.68
MBRRC0025 21 23 2 8.02
includes 21 22 1 12.90
MBRRC0027 47 58 11 8.33
includes 57 58 1 20.00
MBRRC0028 3 6 3 4.14
MBRRC0029 1 9 8 3.50
MBRRC0030 28 34 6 9.12
includes 30 32 2 20.15
MBRRC0031 28 35 7 4.51
includes 28 30 2 10.22
MBRRC0033 57 60 3 4.99
MBRRC0033 66 68 2 2.94
MBRRC0035 36 48 12 3.22
MBRRC0036 28 36 8 6.55
includes 32 34 2 10.50
The current closed-space, 20-metre-by-20-metre drilling program over the main part of the southern, central and northern mineralization zones is aimed at assisting in lifting the economics of the Selinsing processing plant.
The reverse-circulation drill results from the phase I program were announced in a news release in Stockwatch on Feb. 4, 2008. In order to complete phase I program, a diamond drill rig will be brought in for a 1,400-metre diamond drilling program.
Michael Andrew, AusIMM, of Snowden Mining Industry Consultants Pty. Ltd., a qualified person under National Instrument 43-101, is overseeing the drilling program and quality assurance and quality control programs on behalf of Monument Mining and has reviewed the contents of this news release.
The above drill results are part of a reverse-circulation drilling program that will be progressively released to the market as the laboratories perform the work. The assay work is performed by Ultratrace Pty. Ltd. Analytical Laboratories of Perth, Western Australia, a NATA-accredited laboratory which complies with requirements of ISO/IEC 1725:2005.
Antwort auf Beitrag Nr.: 33.482.117 von antisolar am 26.02.08 19:19:17Hallole ;o)
frage mich auch was der grosse Umsatz zu bedeuten hat..... grundsätlich würde ich sagen, dass da jemand mehr weiss.... entweder stosst er deswegen ab.. oder er kauf...
frage mich auch was der grosse Umsatz zu bedeuten hat..... grundsätlich würde ich sagen, dass da jemand mehr weiss.... entweder stosst er deswegen ab.. oder er kauf...
Kopiert aus stock world:
Monument Mining Limited (TSX-V: MMY, FSE: A0MSJR) ist auf dem besten Weg zum Goldproduzenten in Malaysia. Durch die jüngsten Explorationserfolge und die Projektentwicklung in Richtung Produktion hat das unabhängige kanadische Researchhaus Independent Equity Research Corp. aus Toronto dazu veranlaßt, einen Bericht über Monument Mining zu erstellen.
Die Analysten Graham Wilson und Bob Weir sehen das Kursziel von Monument Mining bei 4,30 CAD (3 Jahre), mit einhergehender Goldproduktion im 1. Quartal 2009. Das 12-monatige Kursziel prognostizieren die Experten auf 1,00 CAD, also 100% höher als der aktuelle Kurs von ca. 0,55 CAD.
Die englische Researchstudie kann unter
http://www.goldinvest.de/public/data/documents/...t_Mining_0…
abgerufen werden.
ANTI
Monument Mining Limited (TSX-V: MMY, FSE: A0MSJR) ist auf dem besten Weg zum Goldproduzenten in Malaysia. Durch die jüngsten Explorationserfolge und die Projektentwicklung in Richtung Produktion hat das unabhängige kanadische Researchhaus Independent Equity Research Corp. aus Toronto dazu veranlaßt, einen Bericht über Monument Mining zu erstellen.
Die Analysten Graham Wilson und Bob Weir sehen das Kursziel von Monument Mining bei 4,30 CAD (3 Jahre), mit einhergehender Goldproduktion im 1. Quartal 2009. Das 12-monatige Kursziel prognostizieren die Experten auf 1,00 CAD, also 100% höher als der aktuelle Kurs von ca. 0,55 CAD.
Die englische Researchstudie kann unter
http://www.goldinvest.de/public/data/documents/...t_Mining_0…
abgerufen werden.
ANTI
Quatsche ich eben mit mir selbst:
Heute sind die Umsätze bei steigendem Kurs echt höher als die Tage und Wochen zuvor:
Bis 19:17 immerhin in D schon 309T gehandelte Aktien und in Kanada fast eine halbe Million!! Geht hier was?
ANTI
Heute sind die Umsätze bei steigendem Kurs echt höher als die Tage und Wochen zuvor:
Bis 19:17 immerhin in D schon 309T gehandelte Aktien und in Kanada fast eine halbe Million!! Geht hier was?
ANTI
Ich bin hier nun seit heute so investiert, wie ich es mir seit ca. 3 Monaten vorgenommen hatte. Habe nun alle shares zusammen. Mein Durchschnitt liegt bei 0,34€.
Und kein BB hat mir dazu geraten.
Wer ist noch dabei!!!????
ANTI
Und kein BB hat mir dazu geraten.
Wer ist noch dabei!!!????
ANTI
Durchsuchen
03.04.24 · wO Chartvergleich · Borussia Dortmund |
02.03.24 · globenewswire · Monument Mining |
20.01.24 · globenewswire · Monument Mining |
03.01.24 · wO Chartvergleich · Bayer |
23.11.23 · globenewswire · Monument Mining |
| Zeit | Titel |
|---|---|
| 10.05.24 |