Gold Producer Developing Mining Assets January 2015 Forward Looking Statements This presentation includes certain estimates, projections and “forward looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended that have been provided by the Company with respect to its anticipated future performance. Such forward looking statements reflect various assumptions by the Company concerning anticipated results, which assumptions may or may not prove to be correct. No representations are made as to the accuracy of such statements, estimates or projections. These forward-looking statements are made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey the Company's progress, business opportunities and growth prospects, such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the Company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risks and uncertainties. 2 Strategy To build on our base of gold production through expansion and development of our project portfolio and acquisition of other consolidation opportunities 3 Diversifying for Sustainability Focused on Low-Risk Mining Friendly Jurisdictions Geographic Diversification: To Reduce Single Country Risk Commodity Diversification: Expand from Precious Metals to Base Metals and other Industrial Products Strengthened Balance Sheet: Eliminated all Company Debt 4 Developing Assets: Organic Growth MALAYSIA GOLD PRODUCTION - Selinsing Gold Mine • • • • Fiscal 2014 (Ended June 30 2014): produced 35,983 ounces at US$613/oz 36,917 meters of drilling below or near the resource for future resource updates to come after heap leach Biological results are known. Result timing dictate date of resource update Drill testing resource extensions and parallel targets on adjacent FELDA lands Phase IV: R & D studies for metallurgical treatment of sulfide material MALAYSIA ACQUISITION - Mengapur Polymetallic Project • • • • • • Historical skarn resource contains Copper, Sulfur, Gold, Silver, Molybdenum and Iron R&D programs underway for process flow sheet toward initial Oxide & Sulphide Fe production (Fe Production being reviewed in light of market conditions - Cu production being prioritized) Working on NI 43-101 compliant Preliminary Economic Assessment (PEA),awaiting decision on Star Destiny Resource statement and PEA timing will depend on lease boundaries when ML issues Short-term focus will be on mining and producing Cu and magnetite by-product for cash flow The TSXV policies absolutely prevents any disclosure of projections without a NI-43-101 report AUSTRALIA ACQUISITION - Murchison Gold Project • • • • • • 5 Historic JORC resource: 6.41 MT @2.7 g/t for 546,000 oz gold CIL plant, camp, lab and heap leach equipment in place Independent engineering and met reviews and NI 43-101 compliant scoping study underway First Drill Results announced August 27, 2014 Second Drill Results announced November 18, 2014 November 12, 2014 completed accretive acquisition of Tuckanarra Gold Project in WA Mine Developer Team Management has demonstrated the ability to quickly build profitable operations Team has an average of 30 years experience each Robert Baldock – President & CEO Cathy Zhai – CFO, Director of Human Resources & Corporate Secretary Zaidi Harun – VP, Business Development Chee Yau Tan – General Manager, Selinsing Gold Mine Kevin Wright – Project Manager, Mengapur Project David Morrison – General Manager, Murchison Project 6 Project Portfolio Exploration Advanced Development Production Selinsing Gold BR Oxide GOLD Famehub Selinsing Deeps Gold BR Sulfide Gold Gold Murchison Gold POLYMETALLIC (Cu, Au, Ag, S, Fe) 7 Mengapur Copper, Iron Selinsing Gold Mine 8 Selinsing Mine Aerial View 9 Selinsing-Buffalo Reef Area 10 Selinsing Plant Area 11 Selinsing Gold Mine Open Pit 12 Selinsing Gold Mine Performance KEY PERFORMANCE INDICATORS Ore Mined (tonnes) Ore Processed (tonnes) Average head grade (g/t) Calculated Gold Content (ounces) Gold Poured (ounces) Gold Production (ounces) Gold Sold (ounces) Revenue (USD 000s) Total Cash Cost $/ounce Q1- F2015 (Sept. 30, 2014) 74,384 253,514 1.65 11,324 10,336 9,745 6,300 $8,179 699* October 2009 to September 30, 2014 3,335,804 3,199,783 2.37 205,882 203,089 201,525 193,044 $282,691 388* *Total cash cost includes production costs such as mining, processing, tailing facility maintenance and camp administration, royalties, and operating costs such as storage, temporary mine production closure, community development cost and property fees, net of by-product credits. Cash cost excludes amortization, depletion, accretion expenses, capital costs, exploration costs and corporate administration costs. 13 Selinsing Phase IV Development • To economically treat transition and sulphide gold bearing material at Selinsing Gold Mine • Bio-leach Engineering Study by Lycopodium of Australia Completed • Bio-leach Engineering Study by Tetratech of Canada Completed • Current R&D programs on alternate oxidation processes in parallel with Biological heap leach trials underway aimed to reduce capital investment 14 Mengapur Project 15 Mengapur Plant Area 16 Growing Forward : Mengapur Leveraging our experienced, accomplished team to succeed again • • • • • 17 Acquired 70% of CASB in Feb 2012 for US$60M; remaining 30% for $16 M in Dec 2012 with cash on hand Acquired 100% interest in SDSB (Adjacent Prospecting Lease) in November 2011-Application for issue of mining lease filed R&D programs underway for initial Cu and Fe production & developing process flow sheet Working on NI 43-101 compliant Preliminary Economic Assessment (PEA) Short-term focus will be on mining and producing copper and magnetite by-product for cash flow Mengapur: A large, multi-metal Resource Historic resource* of 224.4 million tonnes Grade Contained Metal 0.25% Copper 561,000 tonnes Copper 0.16 g/t Gold 1.15 million oz Gold 8.86 g/t Silver 63.9 million oz Silver 6.54% Sulphur 14.68 million tonnes Sulphur Plus Iron, Molybdenum unknown-being established *Historic resource (Normet, 1990) is not NI 43-101 compliant and not to be depended on. This historic resource is relevant as it provides an indication of the mineral potential of the project. 18 Mengapur Copper and Iron Plan Phase I: Production of Magnetite by magnetic separation with WLIMS & WHIMS Technology from free digging overburden soils Phase II: Production of Cu with Magnetite byproduct (potentially) from hard rock Skarn by crushing, grinding and flotation Phase III: Recovery of ultra-fine Magnetite from Hematite material by milling, WLIMS & WHIMS 19 Mengapur Copper & Iron Phase I • Exploration focused on the identification of copper & magnetite material • Metallurgical test work to design a 7,000 tonnes per day (tpd) copper with magnetite by-product concentration processing plant • R&D conducted on the magnetic separation process (WLIMS & WHIMS) • Advancing towards development of marketable copper & magnetite byproduct 20 Mengapur: Copper & Magnetite by-product Separation Process Flow Copper Flotation Plant Circuit Stockpile Magnetite Concentrate Hydro Cyclone Crushing Ball Mill Grizzlies WLIMS 21 Vibrating Screens Mengapur-Copper & Iron Plant Work 22 Iron Ore Washing Plant Diagram 23 Magnetic Separation Flowsheet-Part 1 Raw Feed 24 Magnetic Separation Flowsheet-Part 2 25 Mengapur-R & D Test Work Program • Metallurgical test work started on Magnetic Separation (WLIMS & WHIMS) using samples from acquired stockpile and samples from drilled materials • Objectives of R&D work – Separation of Copper – Separation of Magnetite – Separation of Goethite – Separation of Hematite – Separation of Pyratite 26 Prolific Murchison Goldfield Western Australia 27 Murchison Project 28 Murchison Plant Area 29 Murchison Pit Area Mineralized Zone Being Explored 30 Murchison Gold Project • MMY acquired all Murchison assets for AUD$15 million • Project located 765 km north of Perth near Meekatharra, Western Australia • Project includes a number of mining and exploration tenements and lease applications covering approximately 98 square kilometres of land • Historic JORC resource: 6.41 MT @2.7 g/t for 546,000 oz gold (BM Geological Services, December 2013) 31 Murchison Assets Assets include: • Fully functional 260,000 tpa CIL gold processing plant • 118 man mine camp with all amenities • Completely equipped assay lab • All necessary infrastructure such as workshops, office et al. • Heap leach facility equipment including extra crushing plant, mixer, agglomerator and stacker (uninstalled) 32 Murchison Development Plan • • • • • • 33 Open pit production is a priority, plant front end upgrade for medium to high grade ore and exploration drilling and heap leach for low grade ore in progress Conceptual pad engineering and draft operating permit applications are completed, new pad site being investigated Independent metallurgical test work for heap leach study is presently being carried out Drill program underway to confirm resource (NI 43-101 compliant), with the objective to upgrade and increase resource and provide material for metallurgical testing Plant front-end crushing being re-designed and upgraded to 3-stage crushing for more efficient lower cost operation November 12, 2014 acquired the Tuckanarra Gold Project-a strategic move to consolidate a large land position in the Murchison region which is accretive to the project Murchison Drill Program • • • • • 34 Initial Drill program designed to validate the historical resource, increase the grade and geological continuity of the mineralization through infill drilling, test for resource extensions and define further exploration targets (see slide 30) 102 RC holes for 9,340m have been completed in the initial program at Alliance and New Alliance (Announced Nov. 18 , 2014) The Assay Results further confirm favorable mineralization targets at Alliance and New Alliance 63 RC holes completed at Federal City for 4,058m and samples sent to SGS laboratories This drill program work will contribute to the current suite of technical studies on the project Cautious Steady Growth Upturn in Metal Prices—Acquired, Financed and Built Selinsing Mine-Produced Gold-Cash Flow Downturn in Metal Prices—Investment into Distressed Mengapur and Murchison Assets to increase Project Portfolio Stable Metal Prices—Developing Project Portfolio Assets in Phases Using Free Cash Flow Preparing for Ongoing Low Future Metal Prices and Market Volatility 35 Catalysts: How We Add Value Selinsing Expansion- Process for Treatment of Sulphide Ore Developing Mengapur Project in Phases Developing Murchison Project in Phases Consolidating Present Asset Base with Accretive Asset Acquisitions Long-term goal is to be a dividend paying, mid-tier gold and metals producer 36 Investor Relations Contacts Richard Cushing-Monument Mining Ltd. 604-638-1661 Wolfgang Seybold-AXINO GmbH +49-711-2535-9240 rcushing@monumentmining.com wolfgang.seybold@axino.com Visit to Selinsing Mine by JMG (Jabatan Minerals & Geoscience Department, Malaysia) 37 Appendix Malaysia Land Position •Selinsing (100% Interest) Operating gold mine •Buffalo Reef (100%) Adjacent Operating Oxide Gold Mine with sulfide resource •FELDA (100%) Exploration Potential adjacent east and south of Selinsing within possible trucking distance to the Selinsing mill •Famehub (100%) Exploration projects NE of Selinsing within possible trucking distance to the Selinsing mill •Mengapur Polymetalic Project (100%) Cu, Au, Ag, S, Fe historic resource 39 Selinsing Production Data Selinsing Gold Mine Fiscal 2010 Fiscal 2011 Fiscal 2012 Fiscal 2013 Fiscal 2014 Operating results Ore mined (tonnes) 662,330 740,909 501,882 882,159 494,141 Ore processed (tonnes) 272,120 351,999 364,680 938,498 1,018,972 3.08 4.31 4.24 2.07 1.31 Process recovery rate 58.70% 92.90% 93.7% 87.0% 75.87% Gold production (ounces) 13,793 44,438 44,585 52,982 35,983 Gold sold (ounces) 13,793 40,438 36,938 57,905 36,938 16,316 56,627 61,709 91,277 48,583 216 242 306 400 613 Average spot gold price, US$/ounce 1,089 1,372 1,673 1,573 1,296 Average realized gold price, US$/ounce 1,183 1,400 1,671 1,576 1,290 Average ore head grade (g/t Au) Financial results Gold sales (US$’000)(a) Per ounce data Cash cost per ounce (US$/ounce) 40 Selinsing-Buffalo Reef Reserve & Resource Selinsing-Buffalo Reef Resource as of August 31, 2012 (Practical Mining, May 23, 2013) Category OXIDE SULFIDE OXIDE + SULFIDE kTonnes Proven Probable P+P Measured Indicated M+I Inferred g/t Au (kOz) kTonnes g/t Au (kOz) kTonnes g/t Reserves (based on a USD1550/oz gold price) 2,360 0.7 54.6 266 2.5 21.4 2,626 0.9 496 1.7 26.7 1,768 2.1 120.2 2,264 2.0 2,857 0.9 81.3 2,034 2.2 141.7 4,890 1.4 Resources including Reserves (based on a USD1700/oz gold price) 2,361 0.7 54.6 322 2.1 21.7 2,682 0.9 588 1.6 29.5 3,036 1.9 183.6 3,624 1.8 2,949 0.9 84.1 3,358 1.9 205.3 6,307 1.4 268 1.2 10 801 1.5 38.0 1,070 1.4 Au (kOz) 76.0 146.9 222.9 76.3 213.0 289.4 48.0 • Gold mineralization occurs in a 4.2 km long district along a shear zone from Selinsing to Buffalo Reef; potentially extending further north to the Famehub properties • Mineralization outside of the August 31, 2012 Mineral Resource remains open down dip below existing pits • Drill results from over 380 drill holes from Selinsing and Buffalo Reef are not included in the August 31, 2012 NI 43-101 resource/reserve and will be incorporated into a future update • As of December 31, 2013, many additional assays from over 100 drill holes along the mineralized trend are currently in progress 41 Mengapur Geology Fe-Cu-S-Au-Ag mineralization is hosted in pyroxene and garnet skarn which surrounds the core intrusive body 42 Mengapur Historic Resource Total Mengapur Historic Measured and Indicated Resources within Zones A, B, and C Note: The data presented in the table have been produced at a cut-off grade of 0.336% EQV Cu reflecting the available information in 1990 commodity prices, operating costs, and plant recoveries This presentation includes historical estimates and related information, which has not been verified by Monument. Read the complete Technical Report, which is available on Monument’s SEDAR profile at www.sedar.com The information in this presentation is qualified in its entirety by the limitations described in the Technical Report. 43 Murchison Historic Resource Murchison historical resource inventory and the historical classification as per JORC 2004 and JORC 2012: A qualified person has not done sufficient work to classify the historical estimate on the property as current mineral resources under NI 43-101 and Monument is not treating the historical resource estimate on the property as current mineral resources. 44 Famehub 45 • 9 separate grassroots prospects NE of Selinsing totaling 133.5 km2 (32,000 acres) • Satak Serau on N-S SelinsingBuffalo mineralized trend; Rubber Hill east of Buffalo • Priority targets identified with AUD$40M historic exploration data Capital Structure Shares Outstanding: 310,218,030 Warrants: 28,115,000 Market Capitalization $43.4 million Options: 19,145,501 Share Price: $0.14 52 Week High/Low: $0.37/$0.11 Fully Diluted: 46 As of January 9, 2015 357,478,531
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