Monument Mining Ltd. "Monument" or the "Company" is pleased to announce the successful completion of an upscaled Phase 1 18,000 metre air core and reverse circulation drill program at its Murchison Gold Project in Western Australia. Highlights Completion of 46 RC holes for 3,465 metres targeting the Munro Bore Extension target as well as the FLC2 and FLC3 prospects, within the Burnakura Project Area. Hole depths ranged [...]
Monument Mining Ltd. is pleased to announce the appointment of Mr. Michael Lee as interim CFO effective August 9th 2021 to replace Chris Leighton. During the transition period, President and CEO Cathy Zhai will cover the CFO duties. "I am pleased to report the appointment of Michael Lee as the Company's CFO and welcome him to our management team," remarks Cathy Zhai, President & CEO of Monument Mining: "I have confidence [...]
Monument Mining Ltd. "Monument" or the "Company" is pleased to announce the commencement of a planned exploration drilling program at the Murchison Gold Project in Western Australia. The first stage of the drill program planned for 18,000 metres and combines aircore and reverse circulation drilling, and is designed to test new high quality structural targets beneath cover for potential mineralization that may lead to the [...]
Monument Mining Ltd. is pleased to announce that the independent flotation testwork undertaken at Bureau Veritas Laboratory in Perth has successfully replicated the positive results achieved by the on-site metallurgical laboratory to produce a marketable gold concentrate at the Selinsing Gold Mine. CEO and President Cathy Zhai commented: "We are very pleased with the test results that are a milestone step in achieving a [...]
Monument Mining Ltd. announces that the Malaysia authorities have transitioned the movement control order in five states into Phase 2 effective July 5, 2021 under the National Recovery Plan, including Pahang State. Under the Phase 2, Selinsing Gold Mine is now back to production with up to 80% employees being allowed working at the site. Employers must ensure physical distancing and adherence to the standard operating [...]
Monument Mining Ltd. announces that the Malaysia authorities have released a National Recovery Plan, which sets up the criteria for the Movement Control Order to transit from its first phase to the second phase when it has achieved: daily Covid-19 cases below 4,000, moderate occupancy of the ICU beds and 10% of population vaccinated. Based on the current reported level of daily Covid-19 cases in the country, the MCO [...]
Monument Mining Ltd. announces that Movement Control Order in Malaysia has been extended to June 28 from June 15, 2021 due to the high level of Covid cases that continues being reported in the country. In compliance with the extension Selinsing Gold Mine will keep its operation at the essential services level till then. CEO and President Cathy Zhai said: "Monument is assisting the Chamber of Mines in Malaysia in review [...]
Monument Mining Ltd. is pleased to announce the commencement of an extensive exploration program including a planned 15,000 metres of aircore drilling. This program is designed to test beneath cover for potential mineralization that is expected to lead to the discovery of shallow stand alone or satellite gold deposits to supplement the current resource base at the 100% owned Burnakura and Gabanintha gold projects . The [...]
Monument Mining Ltd. today announced its third quarter production and financial results for the nine months ended March 31, 2021. All amounts are expressed in United States dollars unless otherwise indicated . President and CEO Cathy Zhai commented: "Q3 sets a milestone with Monument restructuring its asset portfolio to focus on gold development and production by spinning off the Mengapur base metal project. The proceeds [...]
Monument Mining Ltd. announces that three employees from Monument's Selinsing Gold Mine have been tested positive for Covid-19 as the number of Covid cases in Malaysia have risen, in particular the nearby town to Selinsing Gold Mine Kuala Lipis is in lockdown and one of their main supermarkets has been closed. The Company immediately placed 17 directly contacted personnel under quarantine and notified the health [...]
Monument Mining Ltd. is pleased to receive the news announced by its Joint Venture Partner Odyssey Gold Ltd that significant visible gold has been intersected in its maiden diamond hole, a 70m step-out in the eastern extension of the developing Bottle Dump deposit at the Tuckanarra JV Project located in the Murchison Goldfield. Together with other results, the new finding confirms the strong potential of the Bottle Dump [...]
Monument Mining Ltd. is pleased to announce commencement of the phase 1 Selinsing Sulphide Gold Project by adding a flotation plant to the existing processing plant, which will produce marketable gold concentrates from the sulphide ore at Selinsing Gold Mine in Pahang State. CEO and President Cathy Zhai commented: "Monument has completed the restructuring of its mineral asset portfolio by spinning out the Mengapur base [...]