Record Margins Drive Drilling Boom as Gold Miners Expand Resources

Original announcement by tmx on

Company
Monument Mining Limited
Ticker
MMY
Exchange
TSX
Region
Malaysia
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Production, Other
Extracted
2026-09-16 11:00:46 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Monument Mining Limited reported encouraging results from its Selinsing Gold Mine expansion program in Malaysia, including high-grade gold intercepts. The company is accelerating drilling with four operational rigs to target mine expansion areas.

Reasoning: The document reports encouraging high-grade gold intercepts from an expansion program at the Selinsing Gold Mine, supporting mine life extension.

Positive factors

  • high-grade intercepts reported
  • expansion drilling program underway
  • multiple rigs operational

Facts used in scoring: 5

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 1.8m at 108.1 g/t gold is exceptionally high grade.

Evidence · text

“1.8 metres at 108.1 g/t gold”

Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

Drill Results (5)

Fact 1Selinsing Gold Mine · goldGrade: 4.79Grade Unit: g/tIntercept: 7 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Selinsing Gold Mine
Commodity
gold
Region
malaysia
Reported Region
malaysia
Ticker
MMY

Geometry

Grade
4.79
Grade Unit
g/t
Intercept
7 m
From
43 m
To
50 m
Intercept Depth
43 m

Classification

Sample Type
drill
Group ID
Selinsing_Gold_Mine:43-50

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-11T00:00:00.000Z

Reasoning: 7m at 4.79 g/t gold is a strong intercept for an expansion program.

Positive factors

  • high-grade intercept

Evidence · text

“high-grade intercepts of 7m at 4.79 g/t gold from 43m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Fact 2Selinsing Gold Mine · goldGrade: 4.66Grade Unit: g/tIntercept: 3 mNeeds review: drill_no_hole_idView all details
Link to this fact

Identity

Project
Selinsing Gold Mine
Commodity
gold
Region
malaysia
Reported Region
malaysia
Ticker
MMY

Geometry

Grade
4.66
Grade Unit
g/t
Intercept
3 m
From
6.9 m
To
9.9 m
Intercept Depth
6.9 m

Classification

Sample Type
drill
Group ID
Selinsing_Gold_Mine:6.9-9.9

Review

Needs Review
Yes
Review Reason
drill_no_hole_id
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-11T00:00:00.000Z

Reasoning: 3m at 4.66 g/t gold is a strong intercept.

Positive factors

  • high-grade intercept

Evidence · text

“3m at 4.66 g/t gold from 6.9m”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WKP137AWharekirauponga · goldGrade: 25.8Grade Unit: g/tIntercept: 13.9 mView all details
Link to this fact

Identity

Hole ID
WKP137A
Project
Wharekirauponga
Commodity
gold
Region
new zealand
Reported Region
new zealand
Ticker
MMY

Geometry

Grade
25.8
Grade Unit
g/t
Intercept
13.9 m

Classification

Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-11T00:00:00.000Z

Reasoning: 13.9m at 25.8 g/t gold is an exceptional intercept.

Positive factors

  • exceptional grade
  • significant width

Evidence · text

“13.9 metres at 25.8 g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WKP137AWharekirauponga · goldGrade: 108.1Grade Unit: g/tIntercept: 1.8 mView all details
Link to this fact

Identity

Hole ID
WKP137A
Project
Wharekirauponga
Commodity
gold
Region
new zealand
Reported Region
new zealand
Ticker
MMY

Geometry

Grade
108.1
Grade Unit
g/t
Intercept
1.8 m

Classification

Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-11T00:00:00.000Z

Reasoning: 1.8m at 108.1 g/t gold is a bonanza grade intercept.

Positive factors

  • bonanza grade

Evidence · text

“1.8 metres at 108.1 g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

WKP137AWharekirauponga · goldGrade: 5.3Grade Unit: g/tIntercept: 7.4 mView all details
Link to this fact

Identity

Hole ID
WKP137A
Project
Wharekirauponga
Commodity
gold
Region
new zealand
Reported Region
new zealand
Ticker
MMY

Geometry

Grade
5.3
Grade Unit
g/t
Intercept
7.4 m

Classification

Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-12-11T00:00:00.000Z

Reasoning: 7.4m at 5.3 g/t gold is a strong intercept.

Positive factors

  • strong grade

Evidence · text

“7.4 metres at 5.3 g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.