Monument Mining Begins Expansion Drilling at Selinsing Gold Mine
Monument Mining has commenced an expansion drilling program at its Selinsing Gold Mine in Malaysia. The initiative aims to identify new mineral deposits and extend the mine's operational life.
Monument Mining Limited has initiated an expansion drilling program at the Selinsing Gold Mine, located in Pahang State, Malaysia. The program will focus on the Selinsing and Buffalo Reef properties, targeting the identification of new gold mineralization beyond current production pits.
The company is investing USD $2.5 million in the drilling campaign, which is scheduled for completion by the end of March 2026. The objective is to uncover new mineral resources and subsequently convert them into mineable reserves, with the goal of extending the mine's life beyond its current five-year outlook.
According to the latest technical report, Selinsing's total resources are estimated at 16.1 million tonnes at an average grade of 1.6 g/t gold, containing 836,000 ounces. A significant portion, approximately 525,000 ounces of gold, is located outside the current pit shells and is a key target for this expansion.
Monument Mining is also exploring down-dip potential at Buffalo Reef and Selinsing, as well as areas between existing pits where mineralization has been noted. The program includes gathering geotechnical data and advancing geological interpretations to support future mine planning and design.