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Hallo Zusammen,
bin auch beim MM dabei und denke mal das der Kurs bald wieder eine, nein die andere Richtung einschlagen wird!!!
Projects & Properties In June of 2007 Monument acquired a 100% interest in two adjacent mineral properties in the Central Gold Belt on peninsular Malaysia-Selinsing Gold Mine Project and Damar Buffalo Reef Exploration Project. Both properties hold gold resources with opportunity for extension. The Selinsing Gold Mine Project The Selinsing Gold Mine Project contains a resource comprised of an indicated mineral resource of 4.82 million tonnes at 1.49 gpt Au, using a cutoff of 0.59 gpt Au for contained ounces of 231,000 ounces of gold, and an inferred mineral resource of 10.32 million tonnes at a grade of 1.17 gpt Au for contained ounces of 388,000 ounces of gold at a similar cutoff grade. It is a near surface open pitable resource that metallurgical test work indicates will allow gold recovery of between 92% to 95%. The Company is planning to place the project into production in Q2 of 2009 at a rate of 400,000 tonnes per annum using a CIL circuit. A Preliminary Assessment Report was completed by Snowden Mining Industry Consultants and SEDAR filed Dec 27, 2007. (Download Technical Report) The project is fully funded for engineering, construction and commissioning of Stage I of the Selinsing gold open pit project treatment plant with an upgraded crushing circuit for a future extension of the laech tank farm. The gold production is expected to commence in Q2 of 2009 at a rate of 400,000 tonnes per annum using a CIL circuit. The second mill, a 1.0 M tpy ball mill has been acquired in readiness for the planned Stage II gold treatment plant extension. The Damar Exploration Prospects The Damar prospects are the northern extension along the gold trend from Selinsing that provide the potential to discover additional feed for the proposed Selinsing plant within economic cartage distance. The gold resource (historic) of indicated 155,800 ounces and inferred of 29,600 ounces identified to date has encouraged further exploration in the region and the property is presently under an extensive exploration program comprised of 11,000 metres of RC drilling and 1,400 metres of Diamond drilling. Announced drill results from the program thus far, indicate that the gold mineralization found on the 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; indicating continuity of mineralization and a continuous trend with Selinsing. Three drill rigs are planned to be acquired to extend its exploration programs in fiscal 2009.
Gruß
TimLuca
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