As a result of a recently completed expansion, Selinsing

is now producing at a 60k+ oz-per-year clip with

 

super-low

cash costs ($347/oz average over the last four quarters).

And thanks to some aggressive exploration, Monument is

anticipating a huge resource expansion from the current

618k-oz count that should greatly extend the mining life.

Monument’s encore project is also something to behold.

About a two-hour drive from Selinsing is its massive Mengapur

deposit. MMY also snatched this project out of a distressed

situation, and it is currently aggressively drilling it in

order to prove up a large polymetallic deposit. Mengapur

has the potential to become one of Malaysia’s largest

mines, and I highly anticipate the results of its first compliant

resource estimate and follow-on economic assessment