Gabanintha, Western Australia

Monument Reports Second Quarter Fiscal 2024 (“Q2 FY2024”) Results

Retrieved on: 
Friday, March 1, 2024
Odyssey, Acquisition, Monument, DMT, Total, Gabanintha, Western Australia, Tph, YTD, Mining, Retirement, Sale, Gold, London Bullion Market Association, TSF, Public expenditure, Atlas, Economics, Atlas Copco, Depreciation, Cryptocurrency

The mill processed 192,217 tonnes of sulphide ore, achieving a head grade of 1.55g/t and a recovery rate of 71.10%.

Key Points: 
  • The mill processed 192,217 tonnes of sulphide ore, achieving a head grade of 1.55g/t and a recovery rate of 71.10%.
  • Availability of the flotation plant also improved at 90% during Q2 2024 as a result of ongoing optimization.
  • Accommodation and catering facilities were fully operational during the quarter and equipped to support administrative, exploration, and mining activities.
  • Both Monument and Odyssey agreed to defer the payment by six months after the date of satisfaction of the milestone, specifically by February 2, 2024.

Monument Reports Fourth Quarter and Fiscal 2023 Results

Retrieved on: 
Friday, September 29, 2023
CIL, Maintenance, Total, Resource, NA, Public expenditure, Retirement, Gold, Master of Engineering, Acquisition, Gabanintha, Western Australia, NOA, Mining, TSF, London Bullion Market Association, Depreciation, MAIG, Printed circuit board, Q3, Burnakura Gold Mine

Gold sales resulted in a revenue of $12.39 million, a decrease from the $14.44 million in Fiscal 2022.

Key Points: 
  • Gold sales resulted in a revenue of $12.39 million, a decrease from the $14.44 million in Fiscal 2022.
  • The cash cost from the oxide CIL gold production increased by 72% to $2,200/oz for the fourth quarter from $1,282/oz in the fourth quarter of FY2022.
  • Subsequent to the year-end on September 22, 2023, the Company achieved commercial production, operating at 90% of its designed production capacity for 30 consecutive days in August 2023.
  • No drilling was carried out during the fourth quarter of fiscal year 2023.

Monument Reports Third Quarter Fiscal 2023 (“Q3 FY2023”) Results

Retrieved on: 
Wednesday, May 31, 2023
CIL, Maintenance, Sale, Public expenditure, Retirement, Gold, Acquisition, Gabanintha, Western Australia, Aravali Retreat, Gurgaon, Mining, London Bullion Market Association, Project, Total, Murchison, Palladium, Cryptocurrency, Rare-earth element

(2)  Monument average realized gold price is US$1,878/oz for the three months ended March 31, 2023.

Key Points: 
  • (2)  Monument average realized gold price is US$1,878/oz for the three months ended March 31, 2023.
  • Cash cost excludes amortization, depletion, accretion expenses, idle production costs, capital costs, exploration costs and corporate administration costs.
  • Furthermore, production is expected to improve into Q4 FY2023, following the mining of higher-grade gold zones at the end of the current quarter.
  • The ramp up to full production commenced in January 2023, and is expected to be completed in June 2023.

Monument Reports First Quarter Fiscal 2023 (“Q1 FY2023”) Results

Retrieved on: 
Wednesday, November 30, 2022
Carbon, Growth, Observation, Royalty, London Bullion Market Association, Engineering, Resource management, Acquisition, Retirement, FSE, Department for Environment, Food and Rural Affairs, Maintenance, Mineral, Public expenditure, Gold, SEDAR, Pit, News, Sale, Mining, Tuckanarra, Western Australia, RC, Health, QAQC, Social responsibility, Fortification, Gabanintha, Western Australia, NOA, Safety, Life insurance, Printed circuit board, Copper, Oil, Selinsing (state constituency), Monument, C2

Q1 FY2023 gold production was 2,066oz, a 98% increase as compared to 1,043oz for Q1 FY2022.

Key Points: 
  • Q1 FY2023 gold production was 2,066oz, a 98% increase as compared to 1,043oz for Q1 FY2022.
  • The decreased mill feed was mainly due to less oxide ore and old tailings being fed into plant.
  • During the first quarter of FY2023, the Company has begun earning royalties from Fortress Minerals Limited (Fortress) on the Mengapur Project.
  • Fiscal 2023 started with a focus on updating Gabanintha historical data to improve identifying drill targets.

Proactive news headlines including Kinetiko Energy, Boadicea Resources, American Rare Earths and Surefire Resources

Retrieved on: 
Thursday, September 1, 2022
MRE, WEF, PXS, World Economic Forum, Theory, GLOBE, IMU, Nickel, Gabanintha, Western Australia, NSW, FETI, Sale, VRC, WRM, ESG, CPV, Gold, SureFire, Proactivity, OTCQB, OTC, OTCQX, ASX, MEK, Acquisition, FEX, White Rock, ISR, AVL, Lithium, Rare-earth element, Management, Uranium, Iron ore, Canbelego, Midwestern United States

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