Business
Monument Releases Drill Results, Selinsing Developments and Director's Resignation
Monument Releases Drill Results, Selinsing Developments and Director's Resignation
About this update from Monument Mining Limited
[{"type":"text","content":"Monument Releases Drill Results, Selinsing Developments and Director's Resignation\n\n\n\nMonument Releases Drill Results, Selinsing Developments and Director's Resignation\n\nBuffalo Reef Latest Drill Results\n\nVancouver, British Columbia CANADA, January 30, 2009 /FSC/ - Monument Mining Ltd. (MMY - TSX Venture, D7Q1 - FWB), is pleased to make the following announcement of new drilling results from its exploration program on the Buffalo Reef Project, located in the District of Kuala Lipis, in the northwest Pahang State of Peninsular Malaysia. The gold deposit on Buffalo Reef Project is part of the presently known 4.2km continuous and contiguous ductile & brittle north trending shear hosted gold mineralization zone.\n\nThe reverse circulation drilling at buffalo reef continues to produce positive results. Since the last news release, a total of 64 RC holes were drilled at the Central and Northern Zone. In addition a total of 40 holes were drilled at the Central zone at 40m x 40m grid spacing over a strike length of 700m. The objective of the drilling program at the Central Zone was to obtain a better understanding of the poorly defined scattered gold mineralisation previously identify by Avocet Mining Ltd. The recent drilling at the Central zone appears to have intersected complex mineralisation of gold bearing quartz veins or stringers that pinch and swell and are structurally controlled. Significant drilling interceptions from the Central Zone are listed below.\n\nTable 1: Significant drilling interceptions at the Central Zone of Buffalo Reef\n\n-***-\nBuffalo Reef Central\n\nHole From(m) To(m) Thickness(m) Au(g/t)\n\nMBRRC0037 23 26 3 2.02\nMBRRC0037 31 40 9 1.82\nMBRRC0037 43 49 6 6.53\nincl...