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Monument Obtains Power Connection at the Selinsing Gold Project and Starts Gravity Plant Commissioning
Monument Obtains Power Connection at the Selinsing Gold Project and Starts Gravity Plant Commissi...
About this update from Monument Mining Limited
[{"type":"text","content":"\nMonument Obtains Power Connection at the Selinsing Gold Project and Starts Gravity Plant Commissioning\n\n\n Sep. 1, 2009 (Baystreet.ca) -- Vancouver, B.C. Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” is pleased to announce that electrical power has been connected to the power sub-station at the Selinsing Gold Project. In addition, commissioning has started in regards to the Stage I Gravity Plant. The Selinsing Gold Project is wholly owned by the Company and located in Pahang State, Malaysia. \nThe Malaysian government power supplier, Tenaga Nasional Berhad (“TNB”), has connected a 33kVA feed to the Selinsing HT transformers and the metering has been installed. TNB will commission and load test for the next two weeks before official handover can take place. Tests will be in stages, area by area independently concluding with a total load test. \nIn the meantime the Company has commenced controlled and staged commissioning of the Gravity Plant through the use of its portable generator sets. Pump tests have already been underway. \nOnce the Phase I gravity section of the plant is fully commissioned, the Company will commence gold production from the Gravity Plant in parallel with the ongoing Phase II construction of the CIL circuit. \nPhase II, the construction of the CIL circuit, is on schedule and it is expected that the entire plant will be fully commissioned by the end of December 2009. The Company will operate the gravity circuit to achieve cash flow in parallel with completing construction of the CIL circuit and commissioning of the full plant.\nThe plant construction progress can be seen in an update of the Photo Gallery on the Company web site at www.monumentmining.com and investor inquiries are welcome to [email protected].\nRobert F. Baldock, President and CEO\nMonument Mining Limited\nSuite 490- 688 West Hastings Street\nVancouver B.C. Canada V6B 1P1 For further information contact: North America: Europe:\nRichard Cushing, Investor Relations Wolfgang Seybold, President and CEO, Axino.AG\nOffice: 604.638.1661 Office: +49.711.25.35.92.40\nCell: 604.889.6563 Fax: +49.711.25.35.92.55\nE-mail: [email protected] E-mail: [email protected]\nWebsite: www.monumentmining.com Website: www.axino.de\n\nThe TSX Venture Exchange has in no w...