Monument Receives Royal Visit to the Selinsing Gold Mine in Malaysia
03 Junio 2022 - 5:30AM
Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or
the “Company” today is pleased to announce that on May 26th 2022
the Company was honored to receive the inaugural visit of the
Crowned Prince of Pahang, Tengku Hassanal Ibrahim Alam Shah ibni
Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah (“The
Prince”) to its wholly owned Selinsing Gold Mine in Pahang State,
Malaysia. The Prince is a member of Pahang Royal Family and
currently reigning as Regent and 4th Crown Prince of Pahang State.
He is Acting Sultan of Pahang during the term when his father
Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah Ibni
Almarhum Sultan Haji Ahmad Shah Al-Musta'in Billah of Pahang
remains as the King of Malaysia.
Figure 1: Royal Visit at Selinsing Gold
Mine is available
at https://www.globenewswire.com/NewsRoom/AttachmentNg/d16e7ee7-7cfd-42ff-a076-1323c809f90b
Among the group accompanying the Prince were
VIPs and Government Department Representatives including: Chief
Minister Dato' Sri Wan Rosdy Bin Wan Ismail, Member of Parliament
Dato’ Ramli Bin Dato’ Mohd Nor, State Secretary Dato' Sri Dr.
Sallehuddin Bin Ishak, State Financial Officer Dato' Indera Nazri
bin Abu Bakar, State Executive Councillor Dato' Sri Ir.
Haji Mohd. Soffi bin Tan Sri Abd. Razak, Pahang
State Development Corporation CEO Dato' Mohd Faizal Bin Jaafar,
Pahang Mining Corporation CEO Ahmad Rizal Ali, Mineral &
Geoscience Department Director Nurul Huda Bin Romli, Lipis and
District Officer Dato' Mohd Hafizi Bin Ibrahim.
Figure 2: Selinsing Employees with the
Prince and Government Officials is available
at https://www.globenewswire.com/NewsRoom/AttachmentNg/0bde9eea-c52d-432b-97ba-b3a9eccac2d8
The Royal visit showcased the Selinsing Mine
operation. A welcome speech and brief introduction of Selinsing
Gold Mine was given by Jimee Shah Bin Saleh, VP Finance and
Administration of Selinsing on behalf of Cathy Zhai, CEO of
Monument, Moses Bosompen, General Manager Operation of Monument,
and Charlie Northfield, General Manager of Selinsing Gold Mine and
the Selinsing staff. The Prince toured a Selinsing display
showroom, the mine pit area, the processing plant, and observed a
gold pour. The Prince asked many questions about the operations at
Selinsing during the visit including geology and gold
mineralization, processing rate, gold bullion production, tailings
storage and rehabilitation. The Selinsing Gold Mine is at the
leading edge of the gold industry in Malaysia, a corporate citizen
in Pahang State, and has been a strong contributor to Pahang’s
economy.
President and CEO Cathy Zhai commented: “We are
honored to have hosted the Prince and Government Representatives at
the Selinsing Gold Mine. This Royal visit strengthens the
relationship the Company has with the state government and I thank
the Prince and Government representatives for visiting us to learn
more about our development and growing plans. We are looking
forward to having continuing honorable support from the Pahang
State to Selinsing and the mining industry in Pahang.”
Figure 3: Selinsing Process Manager Azman bin Taib
giving the Prince an overview of the processing plan is
available
at https://www.globenewswire.com/NewsRoom/AttachmentNg/36c917a6-201d-4194-8a59-0143dd0ea1b2
Figure 4: The Chief Minister with the Prince Holding
Gold Bar is available
at https://www.globenewswire.com/NewsRoom/AttachmentNg/6e6033dc-fe63-4ed3-9029-228846e2314c
Additional photos of the Prince’s visit can be found at the
Company’s website (www.monumentmining.com) under the photo gallery
section.
About Monument
Monument Mining Limited (TSX-V: MMY, FSE: D7Q1)
is an established Canadian gold producer that 100% owns and
operates the Selinsing Gold Mine in Malaysia and the Murchison Gold
Project in the Murchison area of Western Australia. It has 20%
interest in Tuckanarra Gold Project jointly owned with Odyssey Gold
Ltd in the same region. The Company employs approximately 200
people in both regions and is committed to the highest standards of
environmental management, social responsibility, and health and
safety for its employees and neighboring communities.
Cathy Zhai, President and CEOMonument Mining
LimitedSuite 1580 -1100 Melville StreetVancouver, BC V6E 4A6
FOR FURTHER INFORMATION visit the company web
site at www.monumentmining.com or contact:
Richard Cushing, MMY Vancouver T:
+1-604-638-1661 x102 rcushing@monumentmining.com
"Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release."
Forward-Looking Statement
This news release includes statements containing
forward-looking information about Monument, its business and future
plans ("forward-looking statements"). Forward-looking statements
are statements that involve expectations, plans, objectives or
future events that are not historical facts and include the
Company's plans with respect to its mineral projects and the timing
and results of proposed programs and events referred to in this
news release. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as
"plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words
and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be
achieved". The forward-looking statements in this news release are
subject to various risks, uncertainties and other factors that
could cause actual results or achievements to differ materially
from those expressed or implied by the forward-looking statements.
These risks and certain other factors include, without limitation:
risks related to general business, economic, competitive,
geopolitical and social uncertainties; uncertainties regarding the
results of current exploration activities; uncertainties in the
progress and timing of development activities; foreign operations
risks; other risks inherent in the mining industry and other risks
described in the management discussion and analysis of the Company
and the technical reports on the Company's projects, all of which
are available under the profile of the Company on SEDAR at
www.sedar.com. Material factors and assumptions used to develop
forward-looking statements in this news release include:
expectations regarding the estimated cash cost per ounce of gold
production and the estimated cash flows which may be generated from
the operations, general economic factors and other factors that may
be beyond the control of Monument; assumptions and expectations
regarding the results of exploration on the Company's projects;
assumptions regarding the future price of gold of other minerals;
the timing and amount of estimated future production; the expected
timing and results of development and exploration activities; costs
of future activities; capital and operating expenditures; success
of exploration activities; mining or processing issues; exchange
rates; and all of the factors and assumptions described in the
management discussion and analysis of the Company and the technical
reports on the Company's projects, all of which are available under
the profile of the Company on SEDAR at www.sedar.com. Although the
Company has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking statements, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements. The Company
does not undertake to update any forward-looking statements, except
in accordance with applicable securities laws.
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