Monument Reports Second Quarter Fiscal 2026 Results

VANCOUVER, British Columbia, March 02, 2026 (GLOBE NEWSWIRE) — Monument Mining Limited (TSXV:MMY) “Monument” or the “Company” today announced its financial results for the three months ended December 31, 2025 (“Q2 FY 2026”). All amounts are in United States dollars unless otherwise indicated (refer to www.sedar.com for full financial results).

President and CEO Cathy Zhai commented, “In Q2 FY 2026, gold production and sales at the Selinsing Gold Mine in Malaysia, together with favourable gold prices, contributed to strong cash flow and enhanced the Company’s financial position. During the quarter, cash reserves increased by $19.81 million to $82.65 million, providing robust liquidity to support future growth initiatives. Exploration drilling at Selinsing continued to focus on potential mine expansion opportunities, while in Western Australia, the regulatory compliance and the mine infrastructure planning have been placed in the first priority.”

SECOND QUARTER OF FISCAL YEAR 2026 HIGHLIGHTS:

• Net income of $20.16 million, or $0.06 per share for Q2 FY 2026, compared to net income of $8.84 million, or $0.03/share for Q2 FY 2025;
• Gross margin of $31.55 million for Q2 FY 2026, a 173% increase compared to $11.54 million in Q2 FY 2025;
• Cash on hand totaled $82.65 million at the end of Q2 FY 2026, representing an increase of $19.81 million from $62.84 million over the three-month period;
• Working capital of $86.58 million, representing an increase of $28.04 million from $58.54 million at the end of June 30, 2025;
• Production performance:
  • 10,249 ounces of gold produced during the three months period (Q2 FY 2025: 8,613 ounces);
  • 13,725 ounces of gold sold at a record average realized price of $4,197/oz for gross revenue of $49.23 million (Q2 FY 2025: 8,987 ounces sold at an average realized price of $2,678/oz for gross revenue of $19.80 million);
  • Cash cost of $1,288 per ounce sold (Q2 FY 2025: $918/oz), primarily attributable to higher royalties resulting from an increased average realized gold price;
  • All in sustaining cost of $1,421 per ounce sold for Q2 FY 2026, an 18% decrease compared to $1,201/oz in Q2 FY 2025.
• Exploration drilling programs continued at Selinsing, supporting ongoing resource growth and a potential extension of mine life;

• A Special Dividend was announced on December 11, 2025 with record date of January 5, 2026, and paid out on January 19, 2026.