Monument Announces Additional Assay Results from the Buffalo Reef / Felda Areas of Selinsing Gold Mine
Executive Summary
- Monument Mining released assay results from an additional 15 drill holes in the Buffalo Reef/Felda expansion area of its Selinsing Gold Mine, showing multiple gold intercepts up to 8.59 g/t Au over 1.5 m and several wider zones >2 g/t Au.
- The results validate the BRC2‑BRC3 and BRC3‑BRC4 gap drilling objectives, indicating continuity of mineralization that could support an increase in inferred resources and potential pit expansion.
- The company confirmed that 40 holes (5,156 m) have been completed to date with 32 assay results received; the program is on track for completion by end‑March 2026, with plans to scale drilling rigs from six to up to nine.
Key Details
- Key Intercepts – BRC2/BRC3 Gap
- MBRRC610: 7 m @ 2.30 g/t Au (from 7 m)
- MBRRC612: 9 m @ 2.03 g/t Au (incl. 2 m @ 4.54 g/t Au, 3 m @ 2.75 g/t Au)
- MBRDD616: multiple intervals – 3 m @ 0.66 g/t Au, 2.6 m @ 2.69 g/t Au, 6 m @ 1.51 g/t Au, 9 m @ 1.76 g/t Au (incl. 3.5 m @ 1.25 g/t Au & 0.24% Sb)
- MBRDD619: 5.7 m @ 1.72 g/t Au (incl. 3 m @ 4.51 g/t Au & 0.28% Sb)
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MBRDD621: 1.5 m @ 8.59 g/t Au
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Key Intercepts – BRC3/BRC4 Gap
- MBRDD614: 7.3 m @ 1.76 g/t Au (incl. 3 m @ 3.35 g/t Au)
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MBRDD618: notable high‑grade interval 1.6 m @ 28 g/t Au at 95.5 m depth
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Stage 2 Highlights – Additional six holes reported:
- MBRDD617: 7.5 m @ 0.33 g/t Au (low‑grade but consistent with historic zones)
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MBRDD618: multiple intervals including the 1.6 m @ 28 g/t Au hit
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Drilling Progress – Total program to date: 118 planned holes (17,477 m). Completed: 40 holes (5,156 m); pending assay results for 9 holes; remaining 78 holes (12,321 m) scheduled through March 2026.
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Rig Deployment – In‑house fleet expanded from two to six diamond rigs (four outsourced), with plans to add up to three more as needed.
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QA/QC Protocols – Half‑core sampling, certified reference material every 15 m, blanks every 10 m; assays performed by SGS Malaysia using fire assay, ICP, and carbon/sulphur analysis.
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Future Plans – Upon completion of Buffalo Reef/Felda drilling, focus will shift to Selinsing Stage 1 (3 holes, 480 m) and Stage 2 (6 holes, 1,620 m) expansion programs.
Notable Quotes
“Some pleasing results are starting to be returned from the BRC2/BRC3 gap drilling with downhole mineralized intercepts spanning 7‑9 m width… validating the program objectives and guiding the next round of drilling.” – Cathy Zhai, President & CEO
“Expansion drilling is targeting to increase gold resources and potentially expanded the life of mine at Selinsing Gold Mine. We have 4 drill rigs up running now and plan to increase up to 9 drill rigs to accelerate the exploration programs.” – Cathy Zhai