# Monument Reports Third Quarter Fiscal 2015 Results

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/monument-reports-third-quarter-fiscal-2015-results--61e102fc-5c19-49f0-8c3d-973ba945b795

Original source: https://money.tmx.com/en/quote/MMY/news/64960896/monument-reports-third-quarter-fiscal-2015-results

Publisher: tmx

Original announcement: 2015-05-28T18:11:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Monument Mining Limited

- Ticker: MMY

- Exchange: TSX

- Region: Malaysia

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Production, Resource update, Metallurgy

- Extracted: 2026-08-23 22:58:36 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Monument Mining Limited reported a net profit of $3.62 million for the third quarter of fiscal 2015, alongside a 25% increase in gold production to 9,346 ounces and a 14% decrease in cash cost per ounce to US$560/oz. The company also announced an updated NI 43-101 compliant resource estimate for its Alliance/New Alliance deposits, showing a 90% increase in Indicated gold ounces and a 15% increase in total contained gold ounces. Additionally, Monument is evaluating Intec Technology for processing sulphide materials at its Selinsing Gold Plant.

Reasoning: Monument Mining reported strong operational and financial results for Q3 fiscal 2015, including increased gold production and lower cash costs, alongside a significant NI 43-101 compliant resource upgrade for its Alliance/New Alliance deposits.

- Positive factor: Increased net profit

- Positive factor: Increased gold production

- Positive factor: Decreased cash cost per ounce

- Positive factor: Increased processing recovery rate

- Positive factor: Significant increase in Indicated gold ounces

- Positive factor: NI 43-101 compliant resource update

- Negative factor: Ore processed decreased due to crushing plant blockage

- Negative factor: Intec Technology is still in trial commercialization phase

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 11

## Classification and evidence

**Production Increase**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Gold production increased by 25% to 9,346 ounces in Q3 fiscal 2015 compared to the prior year's quarter.

Evidence · text

> Gold production of 9,346 ounces, a 25% increase compared to 7,487oz produced in Q3 fiscal 2014

**Cost Reduction**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Cash cost per ounce decreased by 14% to US$560/oz in Q3 fiscal 2015 compared to US$654/oz from Q3 fiscal 2014.

Evidence · text

> Cash cost per ounce of US$560 /oz, a 14% decrease compared to US$654/oz from Q3 fiscal 2014

**Resource Upgrade**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The NI 43-101 compliant resource estimate for Alliance/New Alliance showed a 90% increase in Indicated gold ounces.

Evidence · text

> 15% increase in total contained gold ounces compared to the historical estimate for Alliance/New Alliance areas of the Murchison Gold Project.

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The company filed a National Instrument 43-101 compliant report for the Alliance/New Alliance resource estimate.

Evidence · text

> Filed National Instrument 43-101 \("NI 43-101"\)

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The NI 43-101 Technical Report was signed off by Lead Principle QP Darryl Mapleson.

Evidence · text

> Lead Principle QP: Darryl Mapleson \(MAIG, FAusIMM\)

**Processing Improvement**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Processing recovery rate increased by 8% to 82.16% in Q3 fiscal 2015 compared to 75.76% in Q3 fiscal 2014.

Evidence · text

> process recovery rate increased by 8% to 82.16% \(Q3 fiscal 2014: 75.76%\)

## Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
