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Monument Reports Assay Results from Buffalo Reef

Monument Mining Limited (MMY.V) reported that recent drill assay results from its ongoing drilling program at Buffalo Reef continue to define and extend the oxide and sulfide resources located next to its producing Selinsing open pit gold mine in Pahang, Malaysia.

Delivery of oxide material from Buffalo Reef to the Selinsing plant started in February 2013 and processing of these ores commenced in earnest in early March, 2013.

Monument started its Buffalo Reef exploration program in 2010 with an initial $0.8 million budget for 5,700 metres of drilling in 33 holes. As of December 2012 a total of 13,516 metres in 178 holes have been drilled.

MMY shares were down 4% at $0.36.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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