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Monument Mining Ltd.
Summary
| Project: | Murchison | |
|---|---|---|
| Deposit: | Burnakura | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 9/24/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 24-9-2018: Monument Mining Ltd. announces an Exploration/Drilling Update report for its Burnakura deposit at the Murchison project. Drilling results incl. 12.0m @ 8.02g/t Au from 191.0m. Vancouver, B.C. Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) ( | |
| Resources: | (Resource): 2.141Mt @ 1.6g/t Au for 107Koz Au(Ind.), 92Kt @ 1.5g/t Au for 4Koz Au (Inf.) at ANA | |
| CP/QP: | [Overall Report]: Roger Stangler (Internal) | |
| ABSTRACT: | Vancouver, B.C. Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) ("Monument" or the "Company") is pleased to announce encouraging results of 1,333m exploration and metallurgical drilling for 5 holes at North of Alliance 7/8 (“NOA 7/8”), which have the potential to increase the Burnakura gold resources. Additional targets for extension and resource definition drilling were identified. The NOA 7/8 exploration drill program is one of three drilling programs completed successfully within two months in May and June 2018 (refer to News Release dated August 8, 2018). It comprised three exploration drill holes and two metallurgical drill holes and consisted of both Reverse Circulation (“RC”) and Diamond Drilling (“DD”). The program was focused on extending NOA 7/8 mineralization down plunge, and providing additional samples from NOA 7/8 to further progress metallurgical testwork. All assays have already been received, with a view of increasing its gold resources in underground fresh material, and collection of metallurgical samples for testwork. | |
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