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Monument Mining Ltd.
Summary
| Project: | Murchison | |
|---|---|---|
| Deposit: | Murchison | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/7/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-7-2020: Monument Mining Ltd. announces an Exploration/Drilling Update report for its Murchison deposit at the Murchison project. Drilling results incl. 4m @ 5.01g/t Au from 139m. Vancouver, B.C., July 07, 2020, Monument Mining Limited (TSX-V: MMY and FS | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report] Adrian Woolford (Internal) | |
| ABSTRACT: | Vancouver, B.C., July 07, 2020, Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or the “Company”) is pleased to announce exploration drilling results from the company’s Murchison Gold Project at Burnakura and Gabanintha in Western Australia. The drilling program commenced in late February 2020 and was successfully completed in early May 2020 (the “2020 drilling program”). The results have confirmed the continuity of gold mineralization within identified structures and favorable lithology from existing mineral resources. The main focus of the 2020 drill program was to test down plunge extensions of existing high grade gold mineralization at both the Burnakura Project (Alliance, New Alliance and NOA deposits), and the Gabanintha Project (Yagahong deposit). The North of NOA7/8 (“NOA 9”) regional target within the Burnakura Project was also tested. The 2020 drill program was planned to consist of 4,580 drill meters for 38 drill holes with a completion targeting late March. Due to additional heritage survey work the drilling was completed in early May. A total of 3,864m was drilled, consisting of 397m of diamond drilling (“DD”), 2,864m of reverse circulation (“RC”) and 603m of AC drilling illustrated in Table 1 below | |
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