11:45 AM EDT, 04/02/2025 (MT Newswires) -- Monument Mining ( MMTMF ) on Wednesday said it signed a Memorandum of Understanding with Great Boulder Resources to collaborate on potentially processing ore from Great Boulder's Side Well Gold Project through Monument's Burnakura Mill in West Australia.

Following commercial production of the upgraded sulfide gold concentrate plant at Selinsing Gold Mine in Malaysia, Monument is now advancing its Murchison Gold Project in West Australia towards potential commercial production. SRK Consulting is currently evaluating the Burnakura mill capacity for initial re-start and potential upgrade options up to 750,000 tonnes per year.

The company's shares were last seen up $0.005 to $0.44 on the TSX Venture Exchange.

Price: 0.44, Change: +0.01, Percent Change: +1.15