Monument Announces Additional Assay Results from the Buffalo Reef / Felda Areas of Selinsing Gold Mine

Core Viewpoint - Monument Mining Limited has announced positive results from its ongoing drilling program at the Buffalo Reef/Felda areas, which is part of the Selinsing Gold Mine expansion project in Malaysia. The results indicate significant gold mineralization and continuity between drill holes, supporting the potential increase in gold resources and extending the mine's life. Drilling Program Highlights - The company has received results from fifteen completed drill holes, with high gold assay results reported [3][4]. - Expansion drilling is currently targeting to increase gold resources and potentially extend the life of the Selinsing Gold Mine, with plans to increase the number of drill rigs from four to nine [2][10]. Significant Drill Results - Notable results include: - MBRDD614: 7.3m at 1.76g/t Au, including 3.0m at 3.35g/t Au [5]. - MBRDD618: 1.6m at 28g/t Au from 95.5m depth [6]. - MBRDD619: 5.7m at 1.72g/t Au, including 3.0m at 4.51g/t Au [7][29]. Expansion Drilling Program - The Buffalo Reef/Felda mine expansion drilling program is divided into Stage 1 and Stage 2, covering a total area of 115 acres, aimed at evaluating the potential to extend currently defined mineral resources [9][28]. - The program has successfully intersected multiple zones of gold mineralization, validating the expansion drilling strategy [10]. Future Plans - The company plans to continue its drilling efforts to further assess the potential of mineralization and will conduct geological interpretation and modeling to confirm structural and grade continuity [30][38]. - The Selinsing mine expansion drilling program will commence once the Buffalo Reef/Felda program concludes, with a focus on high-grade depth extensions and local extensions to modelled gold structures [50][51].