Monument Releases Positive Drill Results from Selinsing Property in Malaysia

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[{"type":"text","content":"\n\n\n Jul. 26, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\nVANCOUVER, July 26 /CNW/ - Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) "Monument" or the "Company" is pleased to announce the first results from Monument's twelve month drilling program which commenced in September 2010 at its 100% owned Selinsing, property. The exploration program is targeting 22 drill holes comprising 1,000 metres RC drilling and 3,000 metres diamond drilling and aims to increase the reserves by converting the inferred gold resources below the present Selinsing open pit outline.\nThe mineralized ore body at Selinsing strikes at 3500 and dips 600-700 to the east. The high grade shoots within the main mineralization, plunge to the south east. The deposit is a sedimentary hosted sheared zone gold mineralization in felsic tuff and very fine clastic argillite with hanging wall calcareous material and limestone. The high grade mineralization is normally associated with quartz stockwork and quartz carbonate veins within highly deformed sedimentary rock.\nAs of the end of June, 2011 the MMY exploration team at Selinsing had completed 3,012 metres in 15 drill holes. The 20 metres spaced drill holes are up to 250 metres deep and are designed to intercept the mineralized structure 220 metres below surface at 280 metres Reduced Level ("RL"). This is below the existing planned pit depth.\nA total of 922 samples were sent to SGS (Malaysia) Sdn. Bhd., an accredited laboratory ...

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