Monument Mining Ltd. is pleased to announce it has begun earning royalties from Fortress Minerals Limited on the Mengapur Project. Pursuant to the terms of the Royalty Agreement entered January 2021 with Fortress, the Company earned the first royalty of 1.25% against gross revenue of US$1.2 million declared by Fortress. Iron ore concentrate production commenced on July 1, 2022 at Mengapur Project. Monument spun out the [...]
Monument Mining Ltd. announced its annual financial results for the year ended June 30, 2022. All amounts are in United States dollars unless otherwise indicated. In fiscal 2022, with the restructured gold focused portfolio, Monument concentrated on flotation plant construction at the Selinsing Gold Mine with 69% completion, and the Phase 1 and Phase 2 drilling programs at the Burnakura project for new gold which have [...]
Monument Mining Ltd. is pleased to announce that the results from the Phase 2 diamond drilling have been received and confirmed the extension of gold mineralization, including high grades of up to 17.8g/t gold, for more than 150m vertical depth below the current Mineral Resource at the North of Alliance group of deposits, offering the potential for significant future expansion of the Mineral Resource base. The site work [...]
Monument Mining Ltd. is pleased to report the progress of the flotation plant at the Selinsing Gold Mine in Malaysia, and to announce that a ground-breaking ceremony has been held at the mine site to herald the return of the principal contractor Seong Henng Engineering Works Sdn Bhd to carry out the construction of the flotation plant. President and CEO Cathy Zhai commented, "We are very happy to report the progress of [...]
Monument Mining announced its production and financial results for the second quarter of fiscal 2022 and the six months ended December 31, 2021. All amounts are expressed in United States dollars unless otherwise indicated. President and CEO Cathy Zhai commented, "I am glad that the second quarter progressed the Selinsing Flotation Plant Project to 37% completion and awarded all major equipment suppliers and construction [...]
Monument Mining Ltd. is pleased to announce the drill results from the Phase 1 drilling program undertaken in July and August 2021 at the company's Murchison Gold Project in the Meekatharra region of Western Australia. The Phase 1 program comprised 46 reverse circulation holes and 349 aircore holes testing new targets, focusing on areas outside of current resources in the wholly-owned Burnakura project. HIGHLIGHTS OF [...]
Monument Mining is pleased to announce the commencement of a Phase 2 exploration drilling program at Burnakura, one of the primary Murchison Gold Projects in the Meekatharra area, Western Australia. Together the Phase 2 with the Phase 1 drilling that was completed in August forms part of a two year exploration program to test Murchison potential for gold discovery. Contrary to the Phase 1 Drilling Program which focused on [...]
Monument Mining announced its first quarter of fiscal 2022 production and financial results for the three months ended September 30, 2021. President and CEO Cathy Zhai commented, "2022 fiscal year is full of challenge and would be rewarding for Monument when the Company stays focused on execution of the corporate strategies. During the quarter, the Selinsing flotation plant construction was kicked off with engineering [...]
Monument Mining is pleased to announce drill results from the reverse circulation drilling program at South and Central areas of the Peranggih Gold Prospect, located approximately 10km north of Selinsing Gold Mine. The RC drilling program was carried out from March to July 2021. The main objective of this program is to delineate shallow mineralization approximately 50m below the surface that can be potentially developed [...]
Monument Mining Ltd. is pleased to announce the results from its Annual General Meeting of shareholders held on Oct 28, 2021 in Vancouver. Resolutions tabled at the AGM as proposed in the Information Circular dated on Sept 27, 2021 include appointing Grant Thornton LLP as auditors and fixing the number of board members for the ensuring year at six, being Graham Dickson, Cathy Zhai, Zaidi Harun, Michael John Kitney, Dato [...]
Monument Mining Ltd. is pleased to announce the progress on flotation plant construction at the Selinsing Gold Mine in Malaysia to produce saleable sulphide gold concentrates. The flotation plant construction includes: project management, project validation, flotation design and engineering, procurement, construction and commissioning. Charlie Northfield, General Manager and the Project Sponsor at the Selinsing Gold Mine [...]
Monument Mining Ltd. today announced its annual financial results for the year ended June 30, 2021. All amounts are in US dollars unless otherwise indicated. President and CEO Cathy Zhai commented: "During this fiscal year, Monument has focused on consolidating the asset portfolio by spinning off the Mengapur base metal project and placing the Tuckanarra Gold Project into a joint venture. The restructured gold focused [...]
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