Published: March 3, 2016 |

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Monument Mining Limited has progressed the Burnakura Gold Project aggressively including confirmation drilling over North of Alliance (NOA) and Tuckanarra deposits, open pit mine optimization, metallurgical test work for heap leach processing, crushing plant engineering design and environment studies; together moving forward to complete a full implementation mine development plan, in parallel with continuing exploration to demonstrate the economics of early production, and to increase the life of mine.

Continuous mine planning work, comprising pit optimizations, pit designs and the latest mining schedule have been prepared to assess economics. Mining contractors will be approached and cost will be estimated for selective mining to differentiate between lower grade to be directed to heap leach while higher grade will be sent to the CIL ROM pad.

The bulk of the ore material will be extracted from Alliance and New Alliance pits first, and then NOA deposits, Federal City and Authaal pits, and Tuckanarra Project. Further confirmation drilling at North of Alliance (NOA) deposits is progressing with certain indications that might be potentially converted to open pits. More studies are planned on those areas.

Project development will continue in areas, such as infrastructure, where the laboratory will be upgraded to enable a larger number of grade control samples to be completed on a daily basis. Communications and IT network, are planned and proposals are in the final stages before installation. Warehousing software procedures are complete and procurement of first fill spares is underway. Administration, HSE and Security, workforce planning are in progress to support the production.

To read more details in the company’s press release, CLICK HERE

About Monument
Monument Mining Limited is an established Canadian gold producer that owns and operates the Selinsing Gold Mine in Malaysia. Its experienced management team is committed to growth and is advancing several exploration and development projects including the Mengapur Polymetallic Project, in Pahang State of Malaysia, and the Murchison Gold Projects comprising Burnakura, Gabanintha and Tuckanarra in the Murchison area of Western Australia. The company employs approximately 300 people in both regions and is committed to the highest standards of environmental management, social responsibility, and health and safety for its employees and neighboring communities.

To stop by Monument’s website, CLICK HERE

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