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Monument Announces Commencement of PEA Study on the Burnakura Gold Project
Feb. 09, 2018 09:19AM PST
Gold Investing
Monument Mining (TSX VENTURE:MMY)(FRANKFURT:D7Q1) “Monument” or the “Company” is pleased to announce that it has commenced the Preliminary Economic Assessment Study (“PEA”) program at Burnakura Gold Project, located in Western Australia to further advance planned early stage production. President and CEO Cathy Zhai commented: “Following the readiness of the Burnakura early stage production, the Company …
Monument Mining (TSX VENTURE:MMY)(FRANKFURT:D7Q1) “Monument” or the “Company” is pleased to announce that it has commenced the Preliminary Economic Assessment Study (“PEA”) program at Burnakura Gold Project, located in Western Australia to further advance planned early stage production.
President and CEO Cathy Zhai commented:
“Following the readiness of the Burnakura early stage production, the Company has extended its economic study program to include further metallurgical studies, processing plant upgrade potential, open pit mine design optimization and underground opportunities.
While funding for production is progressing and results from additional study are encouraging, we are happy to see a movement now to conclude the results in the PEA study under NI 43-101 standards.”