Monument Mining Reports Gold Mineralization Extension Below 150m Depth at Burnakura

Monument Mining Limited has concluded its Phase 2 diamond drilling program at the Burnakura project site in Western Australia.

The drilling results confirm the extension of gold mineralization, including high-grade intercepts of up to 17.8 grams per tonne gold, to over 150 meters of vertical depth below the current Mineral Resource at the North of Alliance (NOA) group of deposits. This presents an opportunity for significant future expansion of the mineral resource base.

The drilling indicates an increase in the width and grade of the mineralized package at depth, suggesting that the potential of the NOA deposits can be unlocked through a focused exploration program targeting additional resources beneath existing open pits for underground mining.

Monument Mining stated that the results increase confidence in extending resources beyond the current 1.6km strike limit south of the NOA 1 pit and north of the NOA 7/8 deposits. The company continues to see potential for further significant discoveries in the area, aiming to make the Murchison Project its cornerstone project.

Moment Mining previously reported findings from its Phase 1 program, including a high-grade anomaly at the Junction target, which could potentially be fast-tracked for open-pit production.