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Mines & Properties

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Murchison Gold Portfolio

Resources

Historical Resources


The total Murchison portfolio contains a historical resource of over 560koz covering three project areas. Monument is systematically performing all the necessary work to convert and validate these historical resources into current resources under NI43-101 guidelines. A breakdown of the historical resources is detailed in the table below.

JORC Historical Resources at 1.0 g/t Au   Indicated Inferred Total ounces
    Tonnes (t) Grade (g/t) Gold (Oz) Tonnes (t) Grade (g/t) Gold (Oz)  
  Burnakura 1,882,300 3.5 211,490 1,532,093 2.5 123,868 335,358
  Gabanintha - - - 2,210,000 2.2 153,000 153,000
  Tuckanarra 596,619 2.3 44,584 565,679 2.0 35,579 80,163
                 
        Grand Total 6,786,691 2.6 568,521

Reported to JORC guidelines of 2004 and 2012

Burnakura

BURNAKURA
JORC Historical Mineral Resource, at 1.0 g/t Au
Project Source Category Tonnes Au
(g/t)
Gold
(oz)
Standard
Federal City H&S May 2011 (authaal_gda.mdl) Burnakura Resource Estimates H&S_May 2011.pdf Indicated       Historical
Inferred 190,000 2.7 16,300
NOA1 Golders Sept 2013 (brn_1013_ok.fbm)
Burnakura deposit Resource Estimation - NOA 1 and 2
Indicated 100,000 3.0 9,613 Historical
Inferred 9,500 1.6 501
NOA2 Golders Sept 2013(brn_1013_ok.fbm)
Burnakura deposit Resource Estimation - NOA 1 and 2
Indicated 636,600 4.8 97,628 Historical
Inferred 117,600 6.3 23,706
NOA4 H&S May 2011 (noa_hs_2011.mdl) Burnakura
Resource Estimates H&S_May 2011.pdf
Indicated       Historical
Inferred 140,179 1.9 8,608
NOA6 H&S May 2011 (noa_hs_2011.mdl) Burnakura Resource Estimates H&S_May 2011.pdf Indicated       Historical
Inferred 112,714 1.8 6,596
NOA7&8 BMGS Sept 2012 (noa78.mdl) BMGS Resource Report NOA 7-8 Indicated 1,032,300 2.9 96,249 Historical
Inferred 264,900 3.1 26,657
Lewis BMGS sept 2012 (lewis1206.mdl) BMGS Resource Report -Lewis Indicated 113,400 2.2 8,000 Historical
Inferred 57,200 2.0 3,600
Authaal H&S May 2011 (authaal_gda.mdl) Burnakura Resource Estimates H&S_May 2011.pdf Indicated       Historical
Inferred 440,000 2.0 27,900
Banderol H&S May 2011 (banderol_hsgda2011.mdl)
Burnakura Resource Estimates H&S_May 2011.pdf
Indicated       Historical
Inferred 200,000 1.5 10,000
TOTAL - BURNAKURA Indicated
Inferred
1,882,300
1,532,093
3.5
2.5
211,490
123,868
 
    3,414,393 3.1 335,358  

Gabanintha

GABANINTHA
JORC Historical Mineral Resource, at 1.0 g/t Au
Project Source Category Tonnes Au
(g/t)
Gold
(oz)
Standard
Tumblegum BMGS - Gabanintha Resource Report -, 2013 Indicated       Historical
Inferred 60,000 1.8 3,000
Canterbury BMGS - Gabanintha Resource Report -, 2013 Indicated       Historical
Inferred 500,000 1.7 27,000
Terrels BMGS - Gabanintha Resource Report -, 2013 Indicated       Historical
Inferred 700,000 1.8 41,000
Yagahong BMGS - Gabanintha Resource Report -, 2013 Indicated       Historical
Inferred 50,000 1.5 2,000
Yagahong North BMGS - Gabanintha Resource Report -, 2013 Inferred       Historical
Inferred 800,000 2.9 75,000
Golden Hope North BMGS - Gabanintha Resource Report -, 2013 Indicated       Historical
Inferred 100,000 1.5 5,000
TOTAL - GABANINTHA Indicated        
Inferred 2,210,000 2.16 153,000

Tuckanarra

TUCKANARRA
JORC Historical Mineral Resource, at 1.0 g/t Au
Project Source Category Tonnes Au
(g/t)
Gold
(oz)
Standard
Anchor Laterite Ravensgate, Tuckanara Resource Report (Finmod_tuck.dm) Nov 2012 Indicated 16,977 1.4 773 Historical
Inferred 22,470 1.2 873
Bollard Laterite Ravensgate, Tuckanara Resource Report (Finmod_tuck.dm) Nov 2012 Indicated 37,246 1.5 1,811 Historical
Inferred 96,557 1.3 4,051
Cable Central Ravensgate, Tuckanara Resource Report (Finmod_tuck.dm) Nov 2012 Indicated 44,857 1.7 2,462 Historical
Inferred 16,443 1.3 710
Cable East Ravensgate, Tuckanara Resource Report (Finmod_tuck.dm) Nov 2012 Indicated 239,661 2.3 17,714 Historical
Inferred 59,079 1.9 3,565
Cable West Ravensgate, Tuckanara Resource Report (Finmod_tuck.dm) Nov 2012 Indicated 49,259 2.4 3,829 Historical
Inferred 60,884 3.0 5,931
Cable West (High Grade) Ravensgate, Tuckanara Resource Report (Finmod_tuck.dm) Nov 2012 Indicated 3,166 54.0 5,495 Historical
Inferred      
Drogue Laterite Ravensgate, Tuckanara Resource Report (Finmod_tuck.dm) Nov 2012 Indicated 119,719 1.4 5,192 Historical
Inferred 37,370 1.2 1,407
Lucknow Ravensgate, Tuckanara Resource Report (Finmod_tuck.dm) Nov 2012 Indicated 10,777 1.7 586 Historical
Inferred 70,664 1.5 3,367
Maybelle Ravensgate, Tuckanara Resource Report (Finmod_tuck.dm) Nov 2012 Indicated 69,564 2.8 6,209 Historical
Inferred 47,545 2.3 3,511
Maybelle North Ravensgate, Tuckanara Resource Report (Finmod_tuck.dm) Nov 2012 Indicated 5,393 3.0 513 Historical
Inferred 91,667 2.2 6,513
Miners Dream Ravensgate, Tuckanara Resource Report (Finmod_tuck.dm) Nov 2012 Indicated       Historical
Inferred 63,000 2.8 5,651
TOTAL - TUCKANARRA Indicated 596,619 2.3 44,584  
Inferred 565,679 2.0 35,579
 
    1,162,298 2.15 80,163  

Current Resources


Monument has focused work on updating and validating the historical resources at the Burnakura project into current resources under NI43-101 guidelines. To date this has resulted in the update of the Alliance and New Alliance ("ANA") into current resource status. The updated Mineral Resource Estimate shows the total estimated gold ounces have been increased at ANA when compared to the historical inventory estimate.

NI43-101 Mineral Resource, at 0.5g/t
Project Source Category Tonnes Au
(g/t)
Gold
(oz)
Standard
Alliance Mapleson, D., et al, 2015: NI43-101 Technical report on the Alliance and New Alliance Gold Deposits, Burnakura, Western Australia. For Monument Mining Limited. Sedar published report, effective date April
2nd 2015, amended date August 7th 2015.
Indicated 640,000 2.5 50,800 NI43-101
Inferred 20,000 1.4 700
New Alliance Mapleson, D., et al, 2015: NI43-101 Technical report on the Alliance and New Alliance Gold Deposits, Burnakura, Western Australia. For Monument Mining Limited. Sedar published report, effective date April 2nd 2015, amended date August 7th 2015. Indicated 1,240,000 1.2 47,600
Inferred 80,000 1.5 3,700
TOTAL Indicated
Inferred
1,880,000
100,000
1.6
1.5
98,400
4,400

Monument Mining Limited AGM

To be held Friday December 15, 2017 at 9:00am (PST) To be held at Suite 1580, 1100 Melville Street, Vancouver, British Columbia, Canada


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