Business
Monument Mining Releases Selinsing Gold Project Update
Monument Mining Releases Selinsing Gold Project Update
About this update from Monument Mining Limited
[{"type":"text","content":"\nMonument Mining Releases Selinsing Gold Project Update\n\n\n May 13, 2009 (Baystreet.ca) -- Monument Mining Ltd. (MMY - TSX Venture), is pleased to provide an update on the Selinsing Gold Project program. In recent weeks several important milestones have been met:\n\n- Key mine site appointments have been made including Treatment Plant Manager. Other new hires such as Mine Schedule Engineer, Plant Metallurgist, laboratory technicians and other site support staff. \n\n- Construction and hand over of the completed hydro electric power supplied 33kVA/11kVA sub-station to Tenaga Nasional Berhad (TNB - the Malaysian Power operator). The substation designed and built to TNB requirements will be equipped and have the connecting line run by TNB with a target of being energized by early July 2009.\n\n- Contract to mine scheduled to be let during May 2009 for commencement of pre-production mining on 1st June 2009. Contract is for 36 months with 12 monthly extensions by mutual agreement. Mobilization to site scheduled to be completed before current month end. \n\n- Major plant site and earthworks, road and culvert construction in addition to sediment pond excavation and slope re-vegetation were completed.\n\n- Jaw and cone crusher and associated conveyors, hoppers and vibrating screens were being progressively delivered to site from early May 2009 onwards. Civil works and pouring of crusher foundations are well advanced and erection and installation of these items will commence in mid May. The foot print allows for a third crusher for possible future expansion.\n\n- Ball mill civil works and concrete retaining wall and mill foundations have been poured. Mill installation is expected to commence by late May. Foot print allows for potential installation of second mill (already paid for and on site) to be installed later in 2010.\n\n- New site administration office, treatment plant operations office and laboratory have all reached practical completion/and or been occupied and new canteen, new workshop, and spares store are under design/construction.\n\n- Placed long lead item orders for CIL phase tankage fabrication and related equipment for estimated September delivery. \n\nTo view recent pictures of the construction progress please visit our web site photo gallery at www.monumentmining.com or contact the company via e-mail at info@monumen...