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Monument Mining Limited announced 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. The 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. As 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. This is below the existing planned pit depth. A total of 922 samples were sent to SGS (Malaysia) Sdn. Bhd., an accredited laboratory which complies with requirements of ISO/IEC 1725:2005, for preparation and analysis. The sampling is of half NQ and half HQ diamond drill core with maximum sample intervals of 1.5 metres. Quality assurance and quality control is maintained through the submission of certified reference materials and blanks. Coarse split duplicates are collected and analyzed, but assays are pending. Sample recoveries are good to excellent. More information, click here. |
