Monument Announces the Discovery of the Mentique Prospect

1 km West of the Peranggih Gold Prospect - Seite 2

All samples were sent to Intertek Genalysis laboratory in Perth for 19 multi-element pathfinder analysis (Au, Ag, As, Bi, Cd, Co, Cu, La, Mo, Ni, Pb, Pd, Pt, Sb, Sn, Th, U, W, Zn) by its proprietary partial leach analysis method (Terraleach Partial Digest Geochemistry). This technology is designed to remove the “mobile ion” component from soil with the aim of potentially detecting metal dispersion from a buried ore-body. Pathfinder elements were analyzed for using this technique as well. A detection limit of 0.01 ppb for gold ensures very low levels of gold can be detected. The completed assay report was received in September 2019.

Spatial Distribution Multielement Analysis

Peranggih is one of the most promising prospects in the Selinsing gold portfolio where gold mineralization has been confirmed by high grade drill intercepts along the NW-SE structural trend. The distribution of gold also correlates well with interpreted faults. Selected pathfinder elements show high spatial correlation with gold. The Peranggih mineralization (Zone 1, Figures 1 to 5) has an Au-As-W-Sb-Mo association.

Mentique (Zone 2, Figures 1 to 5) also shows a significant anomalous zone that correlates well with 2 adjacent fault structures both trending in NW-SE and N-S directions. Superimposed folds are interpreted to have played important roles for gold enrichment. Based on the pathfinder element distribution, mineralization at Mentique has an Au- Sb-As-W-Mo association.

Figure 2 is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0d137336-cdc1-47df ...

Figure 3 is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e961b69e-7c2e-4d1b ...

Figure 4 is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dabb812e-9e9c-40d3 ...

Figure 5 is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c9a152a5-3af7-46df ...

QAQC 

A total of 134 QAQC samples were inserted to the A-horizon sample intervals including 89 blanks and 45 duplicates. No certified reference materials (CRMs) were inserted and laboratory CRMs were used for standards analysis. Blank analysis has been carried out and 0.3 ppb was used as the cut off value, with blank material coming from a granite quarry in Cameron Highlands, located approximately 50 Km west of Peranggih. Of 89 blanks, 9 blank samples were reported above the recommended value. Duplicate samples show good repeatability against the original sample results.