Monument Mining Secures Strong Mandate Amid Landmark Year Performance

VANCOUVER, BC – December 08, 2025 – In the often-turbulent world of junior gold mining, a quiet but powerful signal of confidence can be as valuable as a high-grade drill result. Monument Mining Limited (TSX-V: MMY) delivered just such a signal today, announcing that its Annual General Meeting (AGM) concluded with resolutions passing by margins exceeding 95% and a record-high shareholder participation of 43.23%. While AGMs can often be procedural formalities, these figures represent a significant vote of confidence in the company’s leadership and strategic direction, providing a firm foundation as it looks to capitalize on a landmark year and a bullish outlook for gold.

For a company of its size, achieving such high engagement and near-unanimous support is noteworthy. It suggests a deep alignment between management’s strategy and shareholder expectations, a critical asset in an industry that demands both operational discipline and long-term vision. The resolutions, which included re-appointing the five-member board and the company's auditors, effectively grant the leadership team a strong mandate to execute on its ambitious growth plans.

A Mandate Built on a "Landmark Year"

The resounding support at the AGM did not occur in a vacuum. It is the direct result of what Chairman Graham Dickson aptly termed a “landmark year” for the company, characterized by “substantial shareholder value appreciation alongside robust operational accomplishments.” A closer look at the financial underpinnings reveals the substance behind the statement.

For its fiscal year ending June 30, 2025, Monument Mining reported gross revenue of US$98.64 million, a dramatic surge from the US$51.42 million recorded in the prior year. This top-line growth translated into impressive net earnings of US$37.54 million. Critically, the company has shored up its balance sheet, with cash on hand growing to US$45.94 million by the end of the fiscal year and continuing its ascent to US$62.84 million by the end of the first quarter of fiscal 2026.

This financial strength is a product of operational excellence. The company sold 41,183 ounces of gold concentrate in fiscal 2025 at an impressive average realized price of US$2,947 per ounce, while maintaining a lean cash cost of US$814 per ounce. This performance demonstrates a potent combination of favorable market conditions and efficient production at its flagship Selinsing Gold Mine in Malaysia. The momentum has carried into the new fiscal year, with Q1 2026 results showing an even higher realized price of US$3,498 per ounce. This robust cash flow is the engine that will power the company's next phase of growth, and it has not gone unnoticed by the market, with analysts maintaining a positive outlook and a “Buy” rating on the stock.

From Financial Strength to Strategic Expansion

With a fortified balance sheet and a clear shareholder mandate, Monument is pivoting towards its strategic goal: evolving into a mid-tier, multi-mine gold producer. The company’s forward-looking statements are not just boilerplate; they are backed by concrete actions at its key assets in Malaysia and Western Australia.

At the Selinsing Gold Mine, the operational workhorse, the focus is on extending mine life and optimizing production. The company has initiated mineral resource drilling programs and recently announced initial results from an expansion drilling program that commenced in July. Operationally, the successful commissioning of a new filter press is enhancing the performance of its flotation plant. This investment in advanced processing technologies, including flotation and bioleaching for treating sulphide ore, showcases a commitment to maximizing recovery and efficiency—a key differentiator in an industry grappling with declining ore grades.

Simultaneously, Monument is advancing its Murchison Gold Project in Western Australia, positioning it as a “potential second source of cash flow.” The company is undertaking a conceptual economic assessment and has secured collaboration agreements for access to the nearby Burnakura Mill. This two-pronged strategy—optimizing a cash-flowing asset while de-risking a second one—is a classic playbook for sustainable growth in the mining sector. By developing a pipeline of projects in stable, mining-friendly jurisdictions, Monument is mitigating single-asset risk and building a more resilient production profile.

Positioning for a Bullish Gold Cycle

Monument Mining's internal momentum is converging with powerful external tailwinds. The broader market sentiment for gold is overwhelmingly bullish heading into 2026. Forecasts from major financial institutions like Deutsche Bank and Morgan Stanley are calling for significant price appreciation, with some projections reaching as high as US$5,000 per ounce. This outlook is fueled by strong, persistent buying from central banks, ongoing geopolitical instability, and investors seeking a reliable hedge against inflation and currency devaluation.

In this environment, companies that are not just surviving but actively growing their resource base and production capabilities are poised for significant revaluation. The scarcity of permitted, development-stage gold projects enhances the value of assets like Murchison. Furthermore, Monument’s stated commitment to high standards of environmental management and social responsibility aligns with the growing importance of ESG factors in securing investment and maintaining a social license to operate.

The unanimous re-appointment of an experienced board—led by industry veteran Graham Dickson and CEO Cathy Zhai—ensures continuity of this strategy. The combination of a strong financial position, a clear growth plan, and a unified stakeholder base places Monument Mining in an enviable position. The capital currents are flowing in its favor, and the company appears well-equipped to navigate them toward its goal of becoming a significant mid-tier producer.