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Monument resumes gold mining in Malaysia after COVID-19 restrictions eased

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(Kitco News) - Monument Mining (TSX-V: MMY) announced Monday that the Malaysian authorities have transitioned the movement control order in five states into Phase 2 effective July 5, 2021 under the national COVID-19 recovery plan, including Pahang State.

Under the Phase 2, the company said that its Selinsing gold mine is now back to production with up to 80% employees being allowed working at the site. Employers must ensure physical distancing and adherence to the standard operating procedures at all times, the company added.

The Selinsing gold mine is located in Pahang State, within the Central Gold Belt of Western Malaysia. The mine has a 1.00 million tonne per annum gold processing CIL plant which is situated approximately 158km north of Kuala Lumpur. Monument is currently underway for implementation of the Sulphide gold expansion project to bring the new life of mine into production.

CEO and president Cathy Zhai commented, "The production starts to be resumed at Selinsing gold mine according to our recovery plan. We will be closely monitoring the Covid status and put employees' safety as priority."

Monument Mining is an established Canadian gold producer that owns and operates the Selinsing gold mine in Malaysia. The company is also advancing the Murchison gold projects comprising Burnakura, Gabanintha and Tuckanarra JV (20% interest) in the Murchison area of Western Australia.

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