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started a stage II tailing storage facility expansion in the fourth quarter accommodating 10 years discharge from the 1 million tonnes per annum gold treatment plant. 

## Acquisition and Exploration Summary 

In early of fiscal 2011, in conjunction with completion of $13 million (CAD 13 million) financing, the Company resumed acquisition and exploration programs. It closed the previously announced Famehub Acquisition of 32,000 acres of prospective exploration lands (the “Famehub Properties”) adjacent to the Selinsing gold mine with a corresponding data package; and strategically progressed to its twelve month exploration program in Pahang State, Malaysia, consisting of 116 drill holes totaling 18,390 meters over the Selinsing, Damar Buffalo Reef and Famehub properties. 

During the year, the Company completed start-up work including re-organization of the drill team and upgrade and acquisition of drill rigs. At the Buffalo Reef, a NI 43-101 technical report was completed by Snowden Pty Ltd Australia indicating a 20% increase in the gold deposit compared to the JORC compliance historical estimates. At the Selinsing gold project, the Company completed 3,012 metres drilling for a total 15 drill holes. The results were announced subsequent to the year ended June 30, 2011 indicating that the mineralization is continuing at a further 220 metres below the current open pit. At Famehub, a total of 402 trench samples, 794 soils samples, 297 stream sample and 10 rock chips were collected located between 8-15 km north east of Selinsing and Buffalo Reef deposit. 

In May 2011, the Company signed a Memorandum of Understa nding (the “MOU”) to acquire a 70% interest in the Mengapur Polymetalic Project in Malaysia located approximately 130 kilometers from Monument’s wholly owned Selinsing gold mine. The historical estimates of copper, gold and silver equivalent were published as a “Definitive Feasibility Study” (the “Study”) in October 1990 by Normet Engineering Pty Ltd with James Askew Associates based on a 58,000 meter diamond drilling program costing approximately $40 million. A three-month due diligence commenced on August 23, 2011 subsequent to the year ended June 30, 2011. 

## Annual Highlights 

$_{1.}$ Key gold production statistics 

<img src='content_image/158113.jpg'>

