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Monument Mining: Monument Reports Third Quarter Fiscal 2021 (Q3 2021) Results

Gross Revenue of $4.40 Million and Cash Cost of US1,315/OzVANCOUVER, British Columbia, May 31, 2021for full financial results). President and CEO Cathy Zhai commented: "Q3 sets a milestone with Monument

Investegate |Monument Mining Announcements | Monument Mining: Monument Reports Third Quarter Fiscal 2021 ( Q3 2021 ) Results

  Q3 2021 gold sales generated revenue was $4.40 million as compared to $11.62 million from Q3 2020. Gold sales revenue was derived from the sale of 2,523oz (Q3 2020: 7,323oz) of gold at an average realized gold price of $1,830 per ounce (Q3 2020: $1,604 per ounce) and the delivery of 723 oz (Q3 2020: 723oz) in fulfilling gold prepaid obligations at an average London Fix PM gold price of $1,525 per ounce (Q3 2020: $1,429 per ounce). Q3 2021 total production costs decreased by 49% to $3.32 million as compared to $6.54 million from Q3 2020. Cash cost per ounce increased by 47% to $1,315/oz as compared to $892/oz of the same period last year. The increase was attributable to a 52% decrease in the mill feed grade from 1.49g/t to 0.72g/t and a decrease in recovery to 57.5% (Q3 2020: 76.2%) as a result of processing significantly more leachable sulphide ore and other low recovery ores.

#PRAwards 2021 highlight: SingPost banks on communication amidst COVID-19 as it debunks fake news

Taking home the silver award at MARKETING-INTERACTIVE’s PR Awards is SingPost.  Not unlike other countries across the globe, COVID-19 had an immediate and devastating impact to Singapore and one of its most essential services for the past 163 years - the postal service. On 25 March 2020, SingPost also saw its first COVID-19 case which spread fear amongst the community and recipients of parcels and deliveries. Knowing it had to act swiftly, SingPost methodically drew up a plan to ensure the safety of its employees and customers. This saw SingPost taking home the silver award for Best Crisis Management Strategy at MARKETING-INTERACTIVE s PR Awards 2021.

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