Monument Mining Reports Additional Assay Results from Selinsing Gold Mine Expansion
Monument Mining announced new assay results from fifteen drill holes at the Buffalo Reef and Felda areas of its Selinsing Gold Mine, Malaysia. The company expects the findings to enhance the mine's gold resources and potentially extend its life.
Monument Mining has announced new assay results from fifteen drill holes completed at the Buffalo Reef and Felda areas of its Selinsing Gold Mine in Malaysia. The company stated that the results confirm the continuity of mineralization and could improve the mine's gold resources, potentially extending its operational lifespan.
The mine expansion drilling program aims to increase gold resources at the Selinsing Gold Mine. Monument Mining reported positive findings, particularly in the BRC2/BRC3 gap area of Buffalo Reef, where multiple mineralized intervals ranging from seven to nine meters in width have been identified. These discoveries are expected to guide future drilling efforts.
Momentum Mining is increasing its drilling capacity, planning to operate up to nine drill rigs to accelerate exploration programs. The company anticipates that the new drilling data may indicate deeper mineralization, which could support an extended mine life.
The Selinsing Gold Mine expansion program encompasses 115 acres and is divided into two stages. Successful exploration could lead to the identification of additional gold resources at Buffalo Reef and Felda, contingent on further exploration and permitting. The company expects these results to inform future mine planning and potential pit expansions.