Business
MONUMENT REPORTS NI43-101 RESOURCES AT BUFFALO REEF PROPERTY
May 27, 2011 (Canada NewsWire Group) -- 20% Increase in Gold Deposit to Historical Estimates...
About this update from Monument Mining Limited
[{"type":"text","content":"\n\n\n May 27, 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\n\n20% Increase in Gold Deposit to Historical Estimates\n\n\nVANCOUVER, May 27, 2011 /CNW/ - Monument Mining Limited: Monument Mining Limited (TSXV: MMY) and (FSE: D7Q1) ("Monument" or the\n "Company") is pleased to announce that a National Instrument 43-101\n ("NI 43-101") complaint resources has been prepared on its 100% owned\n Buffalo Reef Property, located in Pahang State, Malaysia. The resource\n estimate, prepared by independent qualified persons Jean-Pierre\n Graindorge, BSc at Snowden Mining Industry Consultants Pty Limited and\n Frank Wright, P. Eng. in May 2011, represents a 20% increase in gold\n deposit compared to historical estimates.\n\n\nThe NI43-101 report estimates the resources based on the RC drilling\n drill through 2008 to November 2010 totaling 11,880 meters from 165\n holes. At a block cut-off grade of 0.5 g/t Au, the currently defined\n Buffalo Reef Indicated Mineral Resource is 2.30 million tonnes grading\n 2.24 g/t Au for a total of 165,500 ounces of Au. At the same Au block\n cut-off grade, the currently defined Inferred Mineral Resource is 1.36\n million tonnes grading 1.31 g/t Au for a total of 57,300 ounces of Au.\n The Mineral Resource is summarized in Table 1.1.\n\n\nTable 1.1 Buffalo Reef Mineral Resources report, as at May 2011,\n reported above a 0.5 g/t Au cut-off grade:\n\n\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\...