Hi,
Im no expert. But I had wanted to do this too. I thought one way would be to get a geological map of the actual terrain. Normally maps like this are costly, but because its a national forest I would bet that you can find something for free.
That would give you a great level of realism in the terrain details; scale, position of land marks, and so on.
For the monument it's self... I had thought that the best way to put the sculpture in to the mountain side would be to do a 3D model in a modeling app, and once you got it into TG an properly placed you could texture it in TG2.
I think that doing it procedurally would be a nightmare project, if its even possible. But I don't think its possible because of the overhangs, and the amount of very specific information needed; not just 4 faces, but 4 distinct faces!
There are probably lots of other ways, but this is the one I would have tried.
If you don't know how to model, it may be possible to find a model. Google's 3D warehouse is your best bet for something like that.
Others may have a better method.
Good luck. And let us see it if you get it looking good.