Monument Appoints Hugh Bresser to Chief Managing Geologist
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VANCOUVER, British Columbia, April 19, 2021 (GLOBE NEWSWIRE) -- Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” is pleased to announce the appointment of Mr. Hugh Bresser to Chief Managing Geologist.
“I am very pleased to have Hugh Bresser join us as Chief Managing Geologist at this very critical time when we completed the restructure of our mineral asset portfolio and committed to developing Murchison towards being a cornerstone project,” remarks Cathy Zhai, President & CEO of Monument Mining, “I believe his enthusiasm in gold discovery, extensive experience in mineral asset development and determination to lead the team building high performance will make a significant difference in the progress of our Murchison project.”
Mr. Bresser has built a 30-year career in the minerals industry focused on exploration, identification, acquisition and development of economic ore deposits, utilizing conventional and unconventional targeting and exploration strategies in combination with a commercial understanding of minerals economics and the resource industry cycle in Australia, North and South America, Asia and Europe. His work experience ranging from junior, mid-cap miners and majors provides a strength and depth of understanding of risk and capital management, including South 32 Ltd, Pancontinental Mining Ltd., P.T. Billiton Indonesia, Billiton Exploration Australia Pty. Ltd., and various roles at BHP. He also was the managing director at Overland Resources Limited and the principal consulting geologist at Milagro Ventures Pty. Ltd.
Mr. Bresser holds professional memberships and affiliations in MAusIMM, MAIG, MSEG, MGSA, graduated from James Cook University with a BSc. honors degree in Metalliferous and Economic Geology in North Queensland and holds an MBA from Mt Eliza Business School in Melbourne, Australia.
Monument Mining Limited (TSX-V:MMY, FSE: D7Q1) is an established Canadian gold producer that owns and operates the Selinsing Gold Mine in Malaysia. Its experienced management team is committed to growth and is also advancing the Murchison Gold Projects comprising Burnakura, Gabanintha and Tuckanarra (20% interest) in the Murchison area of Western Australia. The Company employs approximately 200 people in both regions and is committed to the highest standards of environmental management, social responsibility, and health and safety for its employees and neighboring communities.
Cathy Zhai, President and CEOMonument Mining LimitedSuite 1580 -1100 Melville Street Vancouver, BC V6E 4A6
FOR FURTHER INFORMATION visit the company web site at www.monumentmining.com or contact:
Richard Cushing, MMY Vancouver T: +1-604-638-1661 x102 firstname.lastname@example.org
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
This news release includes statements containing forward-looking information about Monument, its business and future plans (“forward-looking statements”). Forward-looking statements are statements that involve expectations, plans, objectives or future events that are not historical facts and include the Company’s plans with respect to its mineral projects and the timing and results of proposed programs and events referred to in this news release. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The forward-looking statements in this news release are subject to various risks, uncertainties and other factors that could cause actual results or achievements to differ materially from those expressed or implied by the forward-looking statements. These risks and certain other factors include, without limitation: risks related to general business, economic, competitive, geopolitical and social uncertainties; uncertainties regarding the results of current exploration activities; uncertainties in the progress and timing of development activities; foreign operations risks; other risks inherent in the mining industry and other risks described in the management discussion and analysis of the Company and the technical reports on the Company’s projects, all of which are available under the profile of the Company on SEDAR at www.sedar.com. Material factors and assumptions used to develop forward-looking statements in this news release include: expectations regarding the estimated cash cost per ounce of gold production and the estimated cash flows which may be generated from the operations, general economic factors and other factors that may be beyond the control of Monument; assumptions and expectations regarding the results of exploration on the Company’s projects; assumptions regarding the future price of gold of other minerals; the timing and amount of estimated future production; the expected timing and results of development and exploration activities; costs of future activities; capital and operating expenditures; success of exploration activities; mining or processing issues; exchange rates; and all of the factors and assumptions described in the management discussion and analysis of the Company and the technical reports on the Company’s projects, all of which are available under the profile of the Company on SEDAR at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.
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