Slide 1: Selinsing Gold Mine: Prepared for the next Growth Phase
SELINSING GOLD MINE Prepared for the next Growth Phase Development for Selinsing Sulphide Project October 2020
Slide 2: Cautionary Statement
Cautionary Statement This presentation includes statements containing forward-looking information about Monument, its business and future plans (“forward-looking statements”). Forward- looking statements are statements that involve expectations, plans, objectives or future events that are not histor
Slide 3: Monument Mining Focusing on Malaysia
Monument Mining Focusing on Malaysia Gold Producer with Unique Assets Monument Mining Limited (TSX-V: MMY, FSE: D7Q1) is an established Canadian gold producer that owns and operates the Selinsing Gold Mine in Malaysia, and is advancing the Murchison Gold Project in Western Australia and the Mengapur
Slide 4: Management Team
Management Team Robert Baldock Executive Chairman Cathy Zhai President & CEO Zaidi Harun VP Business Development Matthew Antill General Manager Operations Neil Rauert Senior Project Manager Roger Stangler Chief Managing Geologist Charlie Northfield General Manager Selinsing Luther Ni
Slide 5: Monument Project Locations
Monument Project Locations Selinsing Gold Portfolio 150 km² Murchison Gold Portfolio 230 km² Mengapur Copper-Iron Portfolio 9 km²
Slide 6: Investment Highlights
Investment Highlights The 1,000th • Gold producer, developer, explorer and acquirer gold bar - $247.6 million mineral property portfolio in Malaysia and WA. • Selinsing Gold Mine in Malaysia - 11 years in production for 315,227ounces with $428.9 million revenue, net cash from operations of $270 mill
Slide 7: Growth Focus with Strong Balance Sheet
Growth Focus with Strong Balance Sheet Based on Audited Balance Sheet to June 30, 2020 Working Capital $18.8 M
Slide 8: Our Growth Objectives
Our Growth Objectives Selinsing funding for Sulphide Plant Expansion 2020 Murchison Gold Exploration for New Gold and Mine Production 2021 Mengapur Partnership for Copper-Iron Development 2022 Seek Accretive Acquisitions for Growth Pay a Sustainable Dividend 8
Slide 9: Selinsing Gold Mine
Selinsing Gold Mine At Bukit Selinsing, approx. 65 km north of Raub and 30 km west of Kuala Lipis on the lineament known as the Raub Bentong Suture Zone. 9
Slide 10: Selinsing Gold Mine Milestones
Selinsing Gold Mine Milestones Proven Record - From Acquisition to Production in less than 3 Years Project Acquisition 2007 Start of Commercial Production 2010 Reserve & Resource Update + Peranggih Discovery 2018 Feasibility Study for Sulphide Expansion Plant 2019 10
Slide 11: Our Motivation to Invest in Malaysia
Our Motivation to Invest in Malaysia Since 2007 Successful in Developments & Operations 1/5 Labour costs Sound to US & AUS Work force supply Strong Local Investment logistic support focased Country in SE Asia Gold Concentrate British Legal blending Center Based System Convenient Under explored port
Slide 12: Our Differentiation from other Juniors
Our Differentiation from other Juniors Track Record of Building a Gold Mine - now Expansion to Sulphide Plant Strong community Environment relationship friendly technology Skilled Mining Team Excellent Government Note: Snowden NI 43-101 Compliant Feasibility Study of January 2019 Support 267 Koz AU
Slide 13: A Strategic & Worthwhile Investment
A Strategic & Worthwhile Investment Selinsing Sulphide Expansion Plant will be Unique in Malaysia Sulphide environmental friendly treatment plant opens new opportunities Strategic position Selinsing to become sulphide gold treatment alternative in SE Asia Region Bring this business model to Western
Slide 14: Transit to Sulphide Production
Transit to Sulphide Production Outotec BIOX ® CIL Plant Proven Technology 22 Moz around the World Conceptual Block Flow Diagram for Flotation & BIOX ® Leach Plant Expansion 14
Slide 15: Sulphide Gold Feasibility Study
Sulphide Gold Feasibility Study Key-Numbers Confirm Potential for Considerable Growth in Revenues & Profits U$ 290M 6 Year Revenue Life of Mine Debt Financing U$ 53M Required CapEx Assuming Gold Price of U$ 1,300 and Reserves only U$ 864 Cash Cost/oz 49% IRR 2.5 Years U$ 100M Payback EBIT 15
Slide 16: Snap Shot of Feasibility Study
Snap Shot of Feasibility Study Operating Data Feasibility Study Opportunities: Reserve+Inferred Reserves In reserve pits In inferred pits Key Assumptions Gold price US$/oz 1,300 1,300 1,300 Process recovery % 0.83 0.83 0.83 Material mined Ore (MT) Mt 3.92 4.31 6 g/t Au g/t Au 1.86 1.84 2.00 Oz Koz 2
Slide 17: Snap Shot of Feasibility Study
Snap Shot of Feasibility Study Economic Model (after Taxation) Feasibility Study Opportunities: Reserve+Inferred Reserves In reserve pits In inferred pits Capital cost Plant Construction 35 35 35 Infrastructure 5 5 5 Initial striping and mining 8 8 14 Other Capital 5 3 3 Total Capital 53 53 61 Cash
Slide 18: Reserves & Resources- Snowden Report
Reserves & Resources- Snowden Report Selinsing - Buffalo Reef - Felda Deposits 267 KOZ Reserves as of March 31, 2018 GOLD OXIDE TRANSITION SULPHIDE OXIDE + TRANSITION + Category (above 0.4 g/t Au cut-off) (above 0.75 g/t Au cut-off) (above 0.75 g/t Au cut-off) SULPHIDE kt g/t Au (kOz) kt g/t Au (kOz
Slide 19: Malaysian Central Gold Belt-Under Explored
Malaysian Central Gold Belt-Under Explored • Several > 1Moz deposits ( Selinsing, Raub, Penjom, Ulu Sokor). • No significant modern exploration since the late 90’s. • Under explored 500km strike length along the major gold belt. • Orogenic gold – well understood model for exploration. • Potential fo
Slide 20: Selinsing Sulphide Potential
Selinsing Sulphide Potential • Targeting ++100koz in underground sulphide resources. • Focusing on extending mineralisation to the south where favourable host rock interacts with steep dipping shears. • Underground mine design in progress for Pit 4 deeps. 20
Slide 21: Peranggih-Expanding Selinsing for New Gold
Peranggih-Expanding Selinsing for New Gold • Drill program at Peranggih successfully delineated a broad 15m-20m wide high-grade zone and multiple isolated high-grade zones • Began trial mining at Peranggih in January 2020 to confirm the average grade and test metallurgical performance • Follow up ex
Slide 22: Mentique-Discovery of a new Anomaly
Mentique-Discovery of a new Anomaly • Discovered a new 1.8km by 0.8km gold soil anomaly located 1km west of the Peranggih deposit and named the Mentique Prospect • The general trend of the anomaly corresponds well with the major regional NNW-SSE structure that hosts gold at Selinsing, Buffalo Reef a
Slide 23: Corporate Social Responsibility
Corporate Social Responsibility Have created many Malaysian jobs , mostly in local communities Purchase goods and services locally Establishing a community support Fund local schools for scholarships and academic and recreational activities Sponsor university, job training and research opp
Slide 24: Current Valuation & Share Structure
Current Valuation & Share Structure An Extraordinary Investment Opportunity for the Next Mining Cycle Ticker Symbol (TSX-V) MMY Shareholder Structure Shares Share Price (20/10/2020) C$0.085 Total Shares Outstanding 328.97M 52 Week High/Low C$0.12/$0.04 Management RSUs 14.6M Shares Outstanding 328.97
Slide 25: Corporate Directory
Corporate Directory Management Investor Relations Monument Mining Limited Richard Cushing Suite 1580 - 1100 Melville Street rcushing@monumentmining.com Vancouver, BC Tel: +1 604 638 1661 x 102 Canada, V6E 4A6 www.monumentmining.com Cathy Zhai, President & CEO czhai@monumentmining.com Tel.: +1 778 99