Monument Mining Releases First Drill Results for Selinsing Mine Expansion
Monument Mining has announced results from the first 16 drill holes of its expansion drilling program at the Selinsing Gold Mine in Malaysia. The program aims to increase gold reserves and potentially extend the mine's life.
Monument Mining has announced the initial 16 drill hole results from its expansion drilling program at the Selinsing Gold Mine in Malaysia. The company released the findings on December 3, 2025.
The drilling initiative targets potential mine expansion areas, including the Buffalo Reef and Felda projects. The primary objective is to identify new gold resources and extend the operational lifespan of the Selinsing mine by evaluating areas outside existing pit shells.
Assay results from the first 16 holes show significant gold intersections at various depths, indicating potential for substantial deposits. The program includes a total of 118 planned drill holes, with a budget of USD $2.5 million. Final assay results are anticipated by the end of June 2026.
Monument Mining has accelerated its drilling progress by deploying two additional diamond drilling rigs. The company anticipates that the drilling success could support the development of a large-scale open pit operation.