Monument Enters Earn-In and JV Agreement on Matala Gold Project in DRC
Vancouver, B.C., February 7, 2016, Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or the “Company”) announces that it has entered into an “Earn-In and Shareholders Agreement” (the “JV Agreement” with Afrimines Resources S.A.R.L (“Afrimines”) and its wholly owned subsidiary, Regal Sud Kivu S.A.R.L (“Regal”) to earn up to 90% joint venture interest in the Matala Gold Project (“Matala Project”, or “Matala”). Afrimines and Regal are both incorporated and operated in the Democratic Republic of Congo (“DRC”), where Regal holds a 100% interest in the Matala Project.
SOURCE: JUNIOR MINING NETWORK
DATE: 7 FEBRUARY, 2016