Monumental GOLD Corp. Completes Geophysical Compilation and Data Review of Airborne Magnetic Survey
MONUMENTAL GOLD CORP. COMPLETES GEOPHYSICAL COMPILATION AND
DATA REVIEW OF AIRBORNE MAGNETIC SURVEY
News Release - Vancouver, British Columbia – May 11, 2021: Monumental Gold Corp. (TSX-V: MGLD)
(the “Company”) is pleased to announce that it has completed a geophysical compilation and review of the
2020 airborne magnetic geophysical survey of the Weyman property in the Kamloops and Nicola mining
divisions, British Columbia . The review was undertaken by in3D Geoscience Inc. and the scope of work
included geophysical data compilation, data quality review, data processing/enhancement, unconstrained 3D
inversion modelling and interpretation. Data compilation was performed within Geosoft Oasis montaj. The
recommendation by Todd Ballantyne, P.Geo. based on his inversion modelling was for the Company to focus
the next phase of exploration in the SW and NE quadrants of the Weyman property.
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by
Chris Dyakowski P.Geo, a consultant of the Company and a “Qualified Person” as defined in National
Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Dyakowski verified the data disclosed
which includes a review of the analytical and test data underlying the information and opinions contained
therein.
About Monumental Gold Corp.: Monumental Gold Corp. is a mineral exploration company focused on the
acquisition, exploration and development of mineral resource properties. The Company has an option to
acquire a 100% interest and title to the Weyman property located in the Kamloops and Nicola Mining
Divisions and in the Thompson Nicola Regional District, British Columbia.
Contact Information - For more information, please contact:
Todd Macdonald, Chief Executive Officer
Tel: (604) 313-8368
Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may
include, without limitation, future exploration work on the Weyman property, other statements relating to the technical, financial and
business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical
facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company
believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not
guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such
statements and information are based on numerous assumptions regarding present and future business strategies and the environment
in which the Company will operate in the future, including the price of metals, the ability to achieve its goals, that genera l business
and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on
reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks,
uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to
the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses and t hose other risks
filed under the Company’s profile on SEDAR at www.sedar.com. Factors that could cause actual results to differ materially from those
in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic,
market or business conditions, adverse weather conditions, failure to maintain all necessary government permits, approvals and
authorizations, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, decrease in the price of gold
and other metals, failure to maintain community acceptance (including First Nations), increase in costs, litigation, and fail ure of
counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or
forward‐looking information, except as required by law.