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Monument Mining Ltd.

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Summary

Project:

Selinsing

Deposit:Selinsing
Location:Malaysia
Commodities:Gold
Date:11/8/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:8-11-2019: Monument Mining Ltd. announces an Exploration/Drilling Update report for its Selinsing deposit at the Selinsing project. Drilling results incl. 2.6m @ 7.62g/t Au from 54.2m. Vancouver, B.C. Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“M
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Adrian Woolford, Roger Stangler (Internal;Golder Associates)
ABSTRACT:Vancouver, B.C. Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or the “Company”) is pleased to announce encouraging drill results from a 681m diamond drill program for 14 holes at the Selinsing Gold Mine Pit 4 west wall, which has the potential to increase the current Selinsing gold resources. Additional opportunities for infill and extension drilling were identified (see Figure 1). Assay results above 0.35 g/t Au (Monument’s oxide cut-off) are listed below (Table 1) including significant intercepts from MSMDD211 (2m @ 1.06 g/t from 40m), MSMDD215 (2.6m @ 7.62 g/t from 54.2m) and MSMDD217 (8.5m @1.33g/t from 14.5m), which indicates that the mineralization has extended outside of the resources defined in the NI43-101 report (the “January 2019 Snowden Feasibility Study”). However, it does not extend west beyond the currently known footwall plane. Additional information on drilling results from this drill program is shown in Appendix 1, and collar locations are presented in Figure 2.

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