• Gold Price USD
  • TSX.V: MMY
  • FSE: D7Q1
Contact Email Alerts

News Releases

Monument Announces First 16 Drill Hole Results of Selinsing Mine Expansion Drilling Program

December 3, 2025

Vancouver, B.C., December 03, 2025-Monument Mining Limited (TSX-V: MMY and FSE: D7Q1)(“Monument” or the “Company”) is pleased to announce the first 16 drill hole results from its first BR/Felda mine expansion drilling program and update mine expansion drilling activities at the Selinsing Gold Mine including Selinsing and Buffalo Reef gold projects, located in Pahang State on the Central Gold Belt of Western Malaysia.

Ms. Cathy Zhai, President and CEO of Monument Mining commented: “We are encouraged by the first 16 drill hole assay results from the exploration drill program within targeted potential mine expansion areas, including both outside of Buffalo Reef/Felda pit shells (“BR/Felda mine expansion drilling”) and Selinsing pit shells (“Selinsing mine expansion drilling”) with boundary covering all existing defined resources (www.SedarPlus.ca: NI43-101 Technical Report “Selinsing Gold Sulphide Project”, January 31, 2019) (the “targeting mine expansion areas”). Objective of expansion drilling is aimed to increase gold resources and potentially expanded the life of mine at Selinsing Gold Mine.” 

BR/Felda mine expansion target Area covers 115 acres of land, laying the foundation to evaluate the potential to extend the currently defined Mineral Resources, which may inform future LOM planning subject to further studies (Figure 1). Success of the current drilling would have the potential to support the pit expansion at Buffalo Reef/Felda.

Buffalo Reef/Felda expansion drilling started on May 7th, 2025. To date 27 drill holes have been completed for 2,952m.

Figure 1. Plan view of Buffalo Reef Central depicting LOM pit shells the footprint of the Expanded Pit Shell.

DRILL PROGRAM HIGHLIGHTS

The first twenty-seven (27) drill holes of the Buffalo Reef/Felda Mine Expansion Drilling Program have been completed, with high gold assay results returned.

  • Assay results for sixteen (16) drill holes have been received; results from eleven (11) holes are outstanding.
  • Significant highlights include:
    • MBRRC579:
    22m @ 0.86g/t from 2m including 1m @ 1.41g/t Au from 2m and
      6m @ 1.9g/t Au from 8m
    • MBRRCDD01:
    5m @ 2.01g/t Au & 0.47%Sb from 149m and
      1m @ 1.14g/t Au & 0.2%Sb from 160m
    • MBRDD600:
    4m @ 3.42g/t Au & 0.49%Sb from 55m
    • MBRDD601:
    7m @ 4.79g/t Au & 0.61%Sb from 43m includes
      5m @ 6.33g/t & 0.79%Sb from 45m
    • MBRDD602:
    3m @ 1.82g/t Au & 0.61%Sb from 22m and
      8m @ 2.17g/t & 0.30%Sb from 26m
    • MBRDD611:
    3m @ 4.66g/t Au & 1.28%Sb from 6.9m

The mine expansion drilling program includes 118 planned drill holes for 17,477m comprised of 109 drill holes for 15,377m at Buffalo Reef Gold Project and Felda mine expansion target Areas (Buffalo Reef/Felda Mine Expansion Drilling), and 9 drill holes for 2,100m will be followed up at the Selinsing Gold Project mine expansion target Area (Selinsing Mine Expansion Drilling) to test the dip and strike extension of the mineralized structure, providing an important guide for future work.

Monument has budgeted USD $2.5 million to complete both expansion drilling programs targeting full completion by the end of June 2026: the mine expansion drilling is targeting completion in March 2026 with final assay results expected by the end of June 2026.

The success of the drilling program may potentially develop a large-scale open pit. The Mine Expansion Drill Program including drilling strategy and prioritization of target Areas and holes will be closely monitored with regular review and may be altered accordingly.

BUFFALO REEF/FELDA MINE EXPANSION DRILLING PROGRAM

Total of 109 drill holes for 15,377m of drilling planned (Table 1) for the Buffalo Reef/Felda Mine Expansion drilling (Figure 2 and Figure 3) are broken down into Stage 1 of 73 drill holes for 10,365m and Stage 2 of 36 drill holes for 5,012m.

Figure 2. Plan view of the Buffalo Reef Central (BRC2, BRC3 & BRC4), showing all the proposed and completed drill holes collars of the Buffalo Reef/Felda Mine Expansion drilling program as well as assay results received to date. Drilling is generally carried out orthogonal to the domain being targeted.

Figure 3. Long section A-A through Buffalo Reef Central depicting Mine Expansion target Areas (Stage 1 and Stage 2) targeted in the Mine Expansion Drilling, looking west.

Current Progress

Twenty-seven (27) drill holes for 2,952m of drilling (Table 2) have been completed to date; eleven (11) of these holes are still waiting for assay results. Results to date have been encouraging (Figure 2, Table 3) with mineralized gold intersections being intersected within the BRC3 and BRC4 gap area and outside of the current geology model. The focus of the drilling and targeted areas remains flexible so as not to disrupt mining activities.

Drilling progress has now been accelerated. It was previously behind schedule as anticipated due to a drill rig re-allocation to prioritize grade control activities. Two additional diamond drilling rigs are now provided by a local contractor and were placed for drilling at the end of November 2025. An updated geology model, resource estimate, and resource statement will follow targeting completion by October 2026.

To assist in developing the mine expansion drilling program, the Company utilized an Expanded Pit Shell generated from an open pit optimization study including Selinsing and Buffalo Reef Projects. The pit shell was generated by removing spatial constraints such as infrastructure to generate an Expanded Pit Shell around the project Mineral Resources. The expanded pit shell encompasses areas outside the current LOM that have the potential of generating additional Mineral Resources, which may inform future LOM planning subject to further studies.

The two-stage approach drilling is outlined below.

Buffalo Reef/Felda Mine Expansion Drilling - Stage 1

Stage 1 of 73 drill holes for 10,365m are presented in Figure 2.

Stage 1 Buffalo Reef/Felda Expansion drilling program focuses on Mine Expansion target Areas to evaluate the potential to extend the currently defined Mineral Resources, which may inform future LOM planning subject to further studies, beyond the current LOM pit shells at the Buffalo Reef/Felda (Figure 3) as defined below:

  1. Buffalo Reef Central (BRC3) and Buffalo Reef Central (BRC4) gap, mineralization outside the LOM pit but within and adjacent to an expanded pit shell.
  2. Buffalo Reef Central (BRC2) and Buffalo Reef Central (BRC3) gap, mineralization outside the LOM pit but within and adjacent to expanded pit shell.
  3. Buffalo Reef Central (BRC4) dip extension, mineralization outside the LOM pit shape but within and adjacent to the expanded pit shell.
  4. Buffalo Reef Central (BRC 2) structural extension and step out drilling, outside the LOM pit shape but within and adjacent to the expanded pit shell.

The gap between BRC 2 and BRC 3 pits (Figure 4) and BRC3 and BRC 4 pits remain prospective for shallow-depth mineralization. Still, it remains undeveloped and requires additional drilling to improve geological modelling and potentially expand the current Mineral Resources.

Observation from the drilling results obtained post-2016 resource modelling highlights the continuation of high-grade gold mineralization at the BRC2/BRC3 gap and the BRC3/BRC4 gap, and probable steepening of the deposit on the eastern shear structure indicates potential dip extension.

The gold mineralization at BRC2, BRC3, and BRC4 is hosted in two main west and east shear structures (Figure 5) that swell and pinch along strike and down dip. The large volume of high-grade gold mineralization is enriched along the bend of the shear or trap by antiforms or other cross structures at depth.

Figure 4. Typical cross section through Buffalo Reef Central Pit 2 and Pit 3 gap at 3650mN looking north (80m wide window, note the limited drilling).

Figure 5: Shows the mineralized gold domains (actual ore mined at mRL500, mRL475, and mRL450) hosted within western and eastern shear structures at BRC 2, BRC 3, and BRC 4.

Buffalo Reef Expansion Drilling - Stage 2

Stage 2 Buffalo Reef drilling program focuses on mine expansion target Areas with potential to define new mineralized zones and structural and down dip extensions to mineralization outside of the expanded pit shell (Figure 3).

A total of 36 holes for 5,012m of drilling is planned for Stage 2 to expand the current Mineral Resources, especially in the gaps between and underneath the existing Buffalo Reef BRC2, BRC3, and BRC4 pits outside of the expanded pit shell.

The drill programs are being completed by Monument’s own drilling crews and equipment using predominately PQ (large) and HQ (medium) diamond drilling technique, supplemented with minor RC drilling. This technique provides continuous rock samples that are then studied to analyze mineral content, rock types, and geological structures. The entire length of each hole will be half core sampled. To meet the completion schedule, two additional outsource drill rigs were engaged in mid-November 2025, bringing the total to 4 rigs for the mine expansion drilling program.

At the BRC3/BRC4 gap, shallow sub-surface gold mineralization has been intersected in:

  • MBRRC579:
22m @ 0.86g/t from 2m including 1m @ 1.41g/t Au from 2m and
  6m @ 1.9g/t Au from 8m
  • MBRDD611:
3m @ 4.66g/t Au & 1.28%Sb from 6.9m

Note: the reported intervals are downhole lengths and do not represent true widths.

MBRDD611 intersection occurs 20m along strike of a previously modelled gold structure. MBRRC579 intersected is an isolated mineralization in the FW to modelled ore structures. Both intersections occur outside of the current geology model, the results are still being assessed to gain a complete understanding of their impact.

Five (5) holes were drilled as part of Buffalo Reef Expansion drilling (Figure 2) returned positive results:

  • MBRRCDD01:
5m @ 2.01g/t Au & 0.47%Sb from 149m and
  1m @ 1.14g/t Au & 0.2%Sb from 160m
  • MBRRCDD02:
no significant result
  • MBRDD600:
4m @ 3.42g/t Au & 0.49%Sb from 55m
  • MBRDD601:
7m @ 4.79g/t Au & 0.61%Sb from 43m includes
  5m @ 6.33g/t & 0.79%Sb from 45m
  • MBRDD602:
3m @ 1.82g/t Au & 0.61%Sb from 22m and
  8m @ 2.17g/t & 0.30%Sb from 26m

Note: the reported intervals are downhole lengths and do not represent true widths.

MBRRCDD01 intersected mineralization outside and along strike of the previously modelled gold structure. MBRDD600, MBRDD601 and MBRDD602 (Figure 6) confirmed existing but poorly drilled gold structures. Identification of gold ounces within the gap zone will enable the pits to be combined and expanded, which may inform future LOM planning subject to further studies. The reported intervals are downhole lengths and do not represent true widths. True widths will be determined once geological modelling has been completed.

Assay results are yet to be received for MBRDD612, MBRDD615, MBRDD616, MBRRC610, MBRRC611 and MBRRC612 testing BRC2/BRC3 gap and, MBRDD614, MBRRC580 and MBRRC581 testing the BRC3/BRC4 gap. These results will be reported once received.

Figure 6. Cross-section through Buffalo Reef Central Pit 3 at 3880mN looking north (40m wide window) and depicting historic drilling and recently completed MBRDD600, MBRDD601, and MBRDD602, and 2 main mineralization targets related to the eastern and western shear zone.

SELINSING MINE EXPANSION DRILLING PROGRAM

The Selinsing mine expansion drilling program comprises 9 drill holes for 2,100m (Table 4) are broken down into Stage 1 of 3 drill holes for 480m and Stage 2 of 6 drill holes for 1,620m.

Selinsing - Stage 1

The Selinsing drilling program will test high-grade depth extension and local extensions to modelled gold structures within the Selinsing expanded pit shell. The program consists of 3 drill holes totaling 480m.

Historical gold production and the remaining Mineral Resources at Selinsing are predominantly around at Selinsing pit 4 (Figure 7). Mineralization remains open at depth and with refinements to the interpreted structural orientation of the ore zones (described in previous news release dated July 7th, 2025[1]) have established improved drill targeting to more effectively test potential strike extensions of the deposit.

Figure 7. Showing the historical ore mined at Selinsing pit 4, 5 and 6 and the structural control of its mineralization.

The redevelopment and upgrade of the current Selinsing Mineral Resource is under study and will inform the medium and long-term mine development strategy for the Selinsing Gold Project.

Selinsing - Stage 2

An initial 6-hole drill program for 1,620m has been planned to test the Selinsing dip and strike extension of the shear-hosted gold mineralization outside of the expanded pit shell. Subject to the drilling outcome, further follow-up drilling work will be carried out to develop the resource outside the expanded open pit.

The Drilling Program (Buffalo Reef and Selinsing) is expected to be fully completed by June 2026. The refinement of mineralization model and interpretation will be an ongoing process to support the resource update targeted to be produced by October 2026. 

Drilling, Assaying and QAQC

Monument’s in-house drilling team has been reassembled, supported by two refurbished Desco SP 6500SA rigs (350-meter depth capacity). One rig will be outfitted with a multipurpose drill head allowing to switch between reverse circulation (“RC”) and diamond drilling (“DD”). Two additional outsourced drilling rigs have been engaged to assist in meeting the schedule.

The sampling technique used in the drill program is half core sampling of PQ (85mm diameter) and mainly HQ (63.5mm diameter) sized diamond drill core using a core saw.

Samples are stored at the Selinsing project stores warehouse before being transported to Port Klang by Monument’s regular freight provider. The site has 24-hour security with manned guard house. Samples are shipped directly to SGS Port Klang once every week.

All samples are submitted to SGS Malaysia laboratory in Port Klang, Selangor for analysis using fire assay (FAA303), ICP (ICP40Q) analysis and CS (CSAO6V) for carbon and sulphur analysis.

Certified reference material (CRM) is supplied by Geostats and inserted approximately every 15m, blanks are inserted approximately every 10m. All assay results are verified by Monument staff before being entered into the Microsoft access database. All QAQC data is examined to ensure validate of the results.

All collar locations are surveyed using DGPS by Monument’s on-site survey team. Downhole surveying is conducted on all drill holes using a Trushot digital down hole survey tool, captured data is communicated wirelessly from the tool to the handheld device. Surveys are undertaken every 30-40m.

Drill core recovery is recorded at the time of drilling by the driller and checked during logging by onsite geology team. Core recovery is determined by measuring each 1m interval. Logging is qualitative in nature recording lithology, grain size, texture, weathering, structure, alteration, veining, sulphides etc. All holes are logged in full.

Table 1. Collars for planned Buffalo Reef/Felda Mine Expansion Drilling

 

Mine Grid

MRSO

     

Hole ID

East

North

RL

East

North

RL

Depth (m)

Azimuth

Dip

1

707

4760

512

421209

472801

120

120

270

-60

2

685

4760

514

421187

472798

123

120

270

-60

3

662

4760

509

421165

472795

118

120

270

-60

4

712

4800

497

421208

472842

105

120

270

-60

5

690

4800

497

421186

472839

106

120

270

-60

6

668

4800

496

421165

472836

104

120

270

-60

7

707

4839

494

421198

472879

103

120

270

-60

8

680

4839

496

421172

472876

104

120

270

-60

9

657

4839

499

421149

472872

107

120

270

-60

10

600

4760

513

421103

472786

122

120

270

-60

11

577

4760

514

421080

472783

123

120

270

-60

12

574

4800

498

421071

472822

106

120

270

-60

13

596

4800

498

421094

472826

106

120

270

-60

14

659

3997

448

421268

472039

56

120

0

-90

15

667

3620

514

421328

471667

122

140

270

-60

16

630

3820

450

421265

471860

58

65

270

-60

17

645

3820

450

421279

471862

58

100

0

-90

18

794

3840

496

421424

471903

104

200

270

-55

19

792

3860

498

421419

471922

106

205

270

-60

20

636

3900

450

421259

471940

58

85

0

-90

21

765

3980

497

421376

472037

105

185

270

-55

22

634

4020

445

421241

472058

53

70

270

-60

23

634

4020

445

421240

472058

53

90

0

-90

24

625

4040

445

421229

472077

53

50

270

-60

25

721

4100

492

421315

472150

101

145

270

-50

26

710

4300

470

421277

472346

78

130

270

-60

27

732

4300

470

421298

472349

78

130

270

-60

28

767

4320

475

421330

472374

83

220

270

-60

29

772

4340

475

421332

472395

83

230

270

-60

30

683

4360

465

421242

472402

73

100

270

-60

31

720

4360

465

421278

472407

73

145

270

-60

32

793

4360

476

421350

472417

84

208

270

-60

33

734

4400

467

421286

472449

76

150

270

-60

34

775

4400

471

421327

472454

79

190

270

-60

35

821

4400

475

421372

472461

83

230

270

-60

36

728

4420

465

421278

472468

73

140

270

-60

37

793

4420

471

421342

472477

80

190

270

-60

38

727

4460

465

421270

472507

73

135

270

-60

39

787

4460

473

421330

472516

81

160

270

-60

40

831

4460

476

421374

472522

84

205

270

-60

41

791

4500

475

421328

472556

84

160

270

-60

42

712

4520

465

421248

472565

73

120

270

-60

43

767

4520

470

421302

472572

78

156

270

-60

44

800

4540

475

421332

472597

84

200

270

-60

45

786

4560

470

421315

472614

79

175

270

-60

46

680

4600

467

421205

472639

75

102

270

-60

47

786

4600

473

421310

472654

81

135

270

-60

48

673

4620

470

421195

472658

78

70

270

-60

49

676

4660

470

421192

472698

78

78

270

-60

50

680

4680

478

421194

472718

86

80

270

-60

51

750

4680

481

421262

472728

89

80

270

-60

52

627

3126

500

421358

471172

108

180

270

-60

53

691

3600

510

421355

471650

119

125

270

-60

54

840

4300

495

421405

472364

104

210

270

-60

55

747

3466

494

421430

471526

102

230

270

-50

56

651

3640

519

421310

471684

127

150

270

-70

57

771

3466

497

421453

471530

105

250

270

-50

58

798

3840

497

421427

471903

105

220

270

-70

59

705

3740

505

421350

471791

113

200

270

-60

60

666

3700

518

421316

471746

126

200

270

-60

61

757

3420

491

421446

471482

99

215

270

-60

62

639

3920

450

421259

471960

58

100

0

-90

63

662

4060

451

421263

472102

59

80

0

-90

64

677

3860

450

421306

471906

59

120

270

-60

65

641

4060

450

421241

472099

58

80

270

-90

66

351

2955

522

421109

470965

131

120

270

-90

67

458

2980

523

421212

471004

131

120

270

-60

68

564

3688

550

421218

471720

158

50

270

-60

69

554

3708

550

421205

471738

158

50

270

-60

70

580

3780

550

421221

471813

158

60

270

-60

71

592

3803

450

421229

471838

58

50

270

-60

72

606

3812

450

421242

471849

59

50

270

-60

73

780

4017

495

421385

472076

103

220

270

-60

74

588

4147

550

421177

472178

158

80

270

-60

75

673

4163

550

421259

472205

158

150

270

-55

76

707

4151

550

421295

472199

158

160

270

-60

77

589

4177

550

421174

472207

158

100

270

-55

78

683

4190

496

421265

472234

104

150

270

-60

79

735

4193

496

421316

472244

104

180

270

-60

80

641

4200

496

421222

472238

104

130

270

-60

81

601

4205

496

421182

472238

104

110

270

-60

82

757

3500

499

421435

471561

107

230

270

-60

83

779

3821

499

421412

471882

107

200

270

-60

84

757

3380

490

421452

471442

99

230

270

-60

85

623

3920

450

421244

471958

58

80

0

-90

86

619

3997

445

421229

472034

54

100

0

-90

87

769

4040

494

421371

472097

102

140

270

-60

88

731

3500

494

421409

471557

102

210

270

-50

89

761

3801

501

421397

471860

109

200

270

-60

90

686

3720

512

421334

471769

120

200

270

-90

91

647

3660

521

421303

471704

130

150

270

-80

92

707

3540

494

421380

471593

102

210

270

-50

93

741

3780

504

421380

471836

112

200

270

-50

94

786

3380

492

421480

471446

100

250

270

-50

95

646

3680

522

421300

471724

130

120

270

-70

96

640

3940

450

421258

471980

58

100

0

-90

97

730

3540

499

421402

471597

108

230

270

-60

98

726

3765

506

421367

471819

114

200

270

-80

99

784

3420

493

421472

471485

101

250

270

-50

100

618

3940

450

421236

471977

58

80

0

-90

101

650

3960

450

421264

472001

59

120

0

-90

102

628

3960

450

421243

471998

58

100

0

-90

103

622

3880

450

421248

471918

58

100

270

-70

104

626

4074

550

421225

472111

158

70

270

-90

105

595

4040

445

421199

472073

53

50

270

-60

106

645

3860

450

421273

471902

58

100

270

-60

107

656

3900

450

421279

471943

59

90

270

-60

108

786

4239

496

421360

472296

104

53

270

-60

109

786

4240

496

421360

472297

104

240

270

-60

Table 2. List of completed drill holes at the time of reporting.

   

Mine Grid

MRSO

           
 

Hole ID

East

North

RL

East

North

RL

Depth (m)

Method

Size

Azimuth

(Mine)

Azimuth

(RSO)

Dip

1

MBRRCDD01

627

3126

500

421358

471172

108.4

171.9

RC/Diamond

HQ

2700

2620

-600

2

MBRRCDD02

458

2980

522

421212

471004

130.7

122.5

RC/Diamond

HQ

2650

2570

-600

3

MBRRC579

589

4177

496

421174

472207

104.3

84.0

RC

102mm

2700

2620

-600

4

MBRDD600

656

3900

450

421279

471943

58.7

90.6

Diamond

PQ/HQ

2700

2620

-600

5

MBRDD601

645

3860

450

421273

471901

58.3

100.2

Diamond

PQ/HQ

2700

2620

-600

6

MBRDD602

621

3880

450

421248

471918

58.2

101.4

Diamond

PQ/HQ

2700

2620

-600

7

MBRDD603

707.4

4151.5

492.5

421294

472199

100.7

125.4

Diamond

PQ/HQ

2700

2620

-600

8

MBRDD604

771.9

4040.6

493.5

421374

472098

101.7

140.1

Diamond

PQ/HQ

2700

2620

-600

9

MBRDD605

673.4

4162.8

495.8

421259

472205

104.0

183.9

Diamond

PQ/HQ

2700

2620

-600

10

MBRDD606

625.9

4074.3

455.1

421225

472111

63.3

71.4

Diamond

PQ/HQ

2700

2620

-600

11

MBRDD607

554.4

3707.8

484.9

421205

471738

93.1

50.4

Diamond

PQ/HQ

2700

2620

-600

12

MBRDD608

564.3

3687.6

485.3

421218

471720

93.5

50.4

Diamond

PQ/HQ

2700

2620

-600

13

MBRDD609

580.4

3779.9

455.2

421221

471813

63.4

62.4

Diamond

PQ/HQ

2700

2620

-600

14

MBRDD610

786.0

4238.9

495.6

421360

472296

103.8

53.4

Diamond

PQ/HQ

2700

2620

-600

15

MBRDD611

640.4

4200.1

495.8

421221

472238

104.0

130.9

Diamond

PQ/HQ

2700

2620

-600

16

MBRDD612

600.9

4205.4

496.0

421182

472237

104

110.4

Diamond

PQ/HQ

2700

2620

-600

17

MBRDD613

682.7

4189.4

495.8

421265

472233

104.0

150.7

Diamond

PQ/HQ

2700

2620

-600

18

MBRDD614

734.1

4193.7

495.6

421315

472244

104

180.3

Diamond

PQ/HQ

2700

2620

-600

19

MBRDD615

786.7

3861.6

497.5

421414

471923

106

180.6

Diamond

PQ/HQ

2700

2620

-600

20

MBRDD616

779.4

3849.7

497.7

421408

471910

106

206.4

Diamond

PQ/HQ

2700

2620

-600

21

MBRRC578

351.5

2955.2

522.4

421109

470965

131

60.00

RC

102mm

2700

2620

-600

22

MBRRC581

787.2

4240.2

495.7

421361

472298

103.8

84.00

RC

102mm

2700

2620

-600

23

MBRRC580

588.5

4147.4

485.7

421177

472178

93.9

80.00

RC

102mm

2700

2620

-600

24

MBRRC610

606.5

3811.9

450.4

421242

471849

59

50.00

RC

102mm

2700

2620

-600

25

MBRRC611

592.3

3803.2

450.3

421229

471838

58

50.00

RC

102mm

2700

2620

-600

26

MBRRC612

630.4

3820.0

450.6

421265

471860

59

60

RC

102mm

2700

2620

-600

27

MBRDD617

763.3

3981.4

496.7

421374

472038

105

200.4

DD

PQ/HQ

2700

2620

-600

Table 3. Assay results table for drilling completed to date (The reported intervals are downhole lengths and do not represent true widths. True widths will be determined once geological modelling has been completed.)

Hole ID

From
(m)

To
(m)

Width (m)

Intercept

Comment

MBRRCDD01

149

160

154

161

5

1

2.01g/t Au & 0.47%Sb and

1.14g/t Au & 0.2%Sb

Buffalo Reef South extension

MBRRCDD02

     

No significant result

Buffalo Reef Expansion

MBRRC579

2

24

22

0.86g/t Au includes
1m@1.41g/t Au from 2m,
6m@1.9g/t Au from 8m,
2m@0.94g/t Au from 17m,
1m@1.13g/t Au from 22m

BRC3/BRC4 gap

MBRDD600

55

59

4

3.42g/t Au & 0.49%Sb

Buffalo Reef Expansion

MBRDD601

43

50

7

4.79g/t Au & 0.61%Sb includes
5m@6.33g/t Au & 0.79%Sb from 45m

Buffalo Reef Expansion

MBRDD602

22

26

25

34

3

8

1.82g/t Au & 0.61%Sb and

2.17g/t Au & 0.30%Sb includes
3m@3.36g/t Au & 0.58%Sb from 26m

Buffalo Reef Expansion

MBRDD603

53

121

54

124

1

3

3.96g/t Au and

1.71g/t Au

BRC3/BRC4 gap

MBRDD604

99

103

4

3.19g/t Au & 0.50%Sb includes
2m@5.60g/t Au & 0.72%Sb from 100m

BRC3/BRC4 gap

MBRDD605

     

No significant result

BRC3/BRC4 gap

MBRDD606

36.7

53.3

45.7

57.4

9

4.1

1.23g/t Au & 0.19%Sb and

 0.83g/t Au & 0.10%Sb

BRC3/BRC4 gap

MBRDD607

     

No significant result

BRC2/BRC3 gap

MBRDD608

     

No significant result

BRC2/BRC3 gap

MBRDD609

     

No significant result

BRC2/BRC3 gap

MBRDD610

     

No significant result

BRC3/BRC4 gap

MBRDD611

6.9

9.9

3

4.66g/t Au & 1.28%Sb

BRC3/BRC4 gap

MBRDD612

     

Waiting results

BRC2/BRC3 gap

MBRDD613

     

No significant result

BRC3/BRC4 gap

MBRDD614

     

Waiting results

BRC3/BRC4 gap

MBRDD615

     

Waiting results

BRC2/BRC3 gap

MBRDD616

     

Waiting results

BRC2/BRC3 gap

MBRDD617

     

Waiting results

Buffalo Reef Expansion

MBRRC578

     

Waiting results

Buffalo Reef Expansion

MBRRC581

     

Waiting results

BRC3/BRC4 gap

MBRRC580

     

Waiting results

BRC3/BRC4 gap

MBRRC610

     

Waiting results

BRC2/BRC3 gap

MBRRC611

     

Waiting results

BRC2/BRC3 gap

MBRRC612

     

Waiting results

BRC2/BRC3 gap

Table 4. Collars for Planned Expansion Drilling Selinsing

 

Mine Grid

MRSO

     

Hole ID

East

North

RL

East

North

RL

Depth (m)

Azimuth

Dip

1

1064

1930

492

421959

470049

100

380

270

-60

2

998

1880

494

421900

469990

102

380

270

-60

3

922

2110

498

421792

470207

106

160

270

-60

4

970

2090

492

421843

470194

100

160

270

-60

5

1001

2050

494

421879

470159

102

160

270

-60

6

1003

1840

494

421911

469951

102

380

270

-60

7

695

1580

521

421642

469651

129

160

270

-60

8

669

1580

517

421616

469647

126

160

270

-60

9

719

1580

520

421666

469654

128

160

270

-60

References

[1] TSX: Monument announces commencement of expansion drilling program at Selinsing Gold Mine (July 7, 2025).

Qualified Person’s Statement

The information in this report that relates to exploration results is based on information compiled and approved by Mr. Mark Shelverton BSc (Hons), Chief Managing Geologist of the Company, who is a Member of the Australian Institute of Geoscientists and a qualified person as defined by NI43-101.

About Monument

Monument Mining Limited (TSX-V: MMY, FSE: D7Q1) is an established Canadian gold producer that 100% owns and operates the Selinsing Gold Mine in Malaysia and the Murchison Gold Project in the Murchison area of Western Australia. It has 20% interest in Tuckanarra Gold Project, jointly owned by Odyssey Gold Ltd in the same region. The Company employs approximately 280 people in both regions and is committed to the highest standards of environmental management, social responsibility, including health and safety for its employees and neighboring communities and good corporate governance.

Cathy Zhai, President and CEO

Monument Mining Limited

Suite 1580 -1100 Melville Street

Vancouver, BC V6E 4A6

FOR FURTHER INFORMATION visit the company web site at www.monumentmining.com or contact:

Richard Cushing, MMY Vancouver T: +1-604-638-1661 x102 rcushing@monumentmining.com

“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

Disclaimer Regarding Forward-Looking Statements

This news release includes statements containing forward-looking information about Monument, its business and future plans (“forward-looking statements”). Forward-looking statements are statements that involve expectations, plans, objectives or future events that are not historical facts and include the Company’s plans with respect to its mineral projects, expectations regarding the completion of the ramp-up period to target production level at Selinsing and the timing thereof, expectations regarding the Company’s continuing ability to source explosives from suppliers, expectations regarding completion of the proposed storage shed and ammonium nitrate depot and the timing thereof, and the timing and results of the other proposed programs and events referred to in this news release. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. The forward-looking statements in this news release are subject to various risks, uncertainties and other factors that could cause actual results or achievements to differ materially from those expressed or implied by the forward-looking statements. These risks and certain other factors include, without limitation: risks related to general business, economic, competitive, geopolitical and social uncertainties; uncertainties regarding the results of current exploration activities; uncertainties in the progress and timing of development activities, including those related to the ramp-up process at Selinsing and the completion of the proposed storage shed and ammonium nitrate depot; uncertainties and risks related to the Company’s ability to source explosives from suppliers; foreign operations risks; other risks inherent in the mining industry and other risks described in the management discussion and analysis of the Company and the technical reports on the Company’s projects, all of which are available under the profile of the Company on SEDAR at www.sedar.com. Material factors and assumptions used to develop forward-looking statements in this news release include: expectations regarding the estimated cash cost per ounce of gold production and the estimated cash flows which may be generated from the operations, general economic factors and other factors that may be beyond the control of Monument; assumptions and expectations regarding the results of exploration on the Company’s projects; assumptions regarding the future price of gold of other minerals; the timing and amount of estimated future production; assumptions regarding the timing and results of development activities, including the ramp-up process at Selinsing and the completion of the proposed storage shed and ammonium nitrate depot; expectations that the Company will continue to be able to source explosives from suppliers in a timely manner; costs of future activities; capital and operating expenditures; success of exploration activities; mining or processing issues; exchange rates; and all of the factors and assumptions described in the management discussion and analysis of the Company and the technical reports on the Company’s projects, all of which are available under the profile of the Company on SEDAR at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.


© 2025 Monument Mining Limited
All rights reserved.
Website by Adnet