Monument Drill Results Identify Additional Gold Mineralization at Buffalo Reef, Malaysia

- Intercepts 33.0 meters at 1.23 g/t Gold in Oxide and 13.5 meters at 3.83 g/t Gold in Sulfide -

VANCOUVER, Feb. 4, 2014 /CNW/ - Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) "Monument" or the "Company" today disclosed recent drill results from its FY2013 Buffalo Reef gold exploration and delineation drilling program in Malaysia. The best intercepts were 33.0 meters at 1.23 g/t gold in Oxide and 13.5 meters at 3.83 g/t gold in Sulfide.

"These results, which are consistent with those that have been previously drilled, reported and modeled, show that we have successfully targeted and identified additional oxide and gold mineralization at Buffalo Reef," said Todd Johnson, VP Exploration for Monument Mining. "We expect that our next NI 43-101 resource estimate, anticipated in the spring of 2014, will show improved reserves and resources in part because of the inclusion of these results."

Added Ian Bruce, Chief Managing Geologist for Monument Mining, "The local Geology and Drilling staff continues to work hard to identify additional near-mine mineralization at Buffalo Reef and Selinsing for potential development.  We continue to streamline the logging and sampling process at site to help achieve a faster assay turnaround time from the primary certified commercial labs."

Drilling continues to expand the mineralization at Buffalo Reef, Selinsing, and the adjacent FELDA lands with two diamond drills owned and operated by Monument. The drilling is focused within and adjacent to the operating Buffalo Reef South open pit and north of the operating Selinsing open pit gold mine.

ASSAY HIGHLIGHTS IN OXIDE

• MBRDD048 intersected 33.0 meters assaying 1.23 g/t Au (includes 2.0m at 6.77 g/t) at Central Buffalo Reef
• MBRDD063 intersected 7.3 meters assaying 2.37 g/t Au (includes 3.0m at 5.25 g/t) at Central Buffalo Reef
• MBRRC209 intersected  20.0 meters assaying 1.01 g/t Au at North Buffalo Reef
  
  

ASSAY HIGHLIGHTS IN SULFIDE

• MBRDD022 intersected 13.5 meters assaying 3.83 g/t Au under the South Buffalo Reef pit
• MBRDD043 intersected  13.5 meters assaying 3.77 g/t Au under the South Buffalo Reef pit
• MBRRC210 intersected 4.0 meters assaying 5.51 g/t Au (includes 2.0 m at 10.25 g/t)  at North Buffalo Reef
• MBRRC253 intersected 4.0 meters  assaying 4.12 g/t Au at Central Buffalo Reef
• MBRRC246 intersected  10.0 meters assaying 1.62 g/t Au (includes 1.0 m at 3.91 g/t) at Central Buffalo Reef
  
  

Background on the exploration program

From October 2007 to December 31, 2013, a total of 438 diamond (DDH) and reverse-circulation (RC) drill holes for 35,452 meters have been completed at the two Buffalo Reef tenements MC 1/107 and MC 1/111 (excluding FELDA lands). The campaign is more fully described in the table below:

Fiscal year		# Drill Holes	Meters Drilled	Type
2008	October 2007 to June 2008	126	8,725	RC
2009	July 2008 to June 2009	39	3,155	RC
2010	July 2009 to June 2010	2	212	DDH
2011	July 2010 to June 2011	2	217	DDH
2012	July 2011to June 2012	20	3,689	DDH
2013	July 2012 to June 2013	216	16,722	DDH/RC
2014	July to December 2013	33	2,732	DDH
Total		438	35,452	DDH/RC

Table 1 and 2 below list recently compiled, significant Buffalo Reef drill hole assays received between April and December 31, 2013.  Complete tables of diamond and RC drilling results and drill hole details along with maps showing Monument's Buffalo Reef drill hole locations that are presented in this press release are posted on the Company's website at www.MonumentMining.com.

The recently reported Buffalo Reef drill results have been targeting and successfully identifying additional significant oxide and sulfide gold mineralization at the Buffalo Reef North and Central-South deposits, both laterally and below the location of the existing resource estimate made as of August 31, 2012 NI 43-101 , which Monument hopes will extend the project's life-of-mine.  Another objective of the fiscal year (FY) 2013 and FY2014 drilling was to maximize the conversion of Inferred Resources to Indicated or Measured classifications.  The reported sulfide drill hole intercepts in this press release occur down-dip of the oxide intercepts and locally contain higher grade intervals.

The gold mineralization is hosted in a series of north-south and en echelon northeast-southwest striking quartz veins which dip moderately to the east, within a north-south 4 km long structural-mineralized corridor. The host rocks consist of an interbedded sequence of variably graphitic phyllite, calcareous tuffaceous argillite, tuffaceous arenite, and felsic tuff with cataclasite and locally mylonitic deformation. The sulfide mineralization may contain quartz veins with pyrite, arsenopyrite plus/minus stibnite as disseminations and veinlets.

In FY2014, an additional drill program using the two Monument-owned diamond drilling rigs is currently underway in priority areas of all tenements and is following up drilling results from FY2013. Assays for another 66 drill holes drilled at Buffalo Reef in fiscal 2013 and fiscal 2014 are pending and will be reported in the near future, along with recently received assay results from Selinsing and the adjacent FELDA land, which is located to the east of and between the Buffalo Reef South and Central resource areas. For timing reasons the 66 drill holes whose assays are pending will not be incorporated into the spring 2014 resource update but will be incorporated into a subsequent resource update.

Quality Control
The scientific and technical information in this press release has been compiled by Ian Bruce, Chief Managing Geologist for Monument Mining Limited (M.Sc., AIG) who is a Qualified Person as defined by NI 43-101 guidelines and has been working in Malaysia for Monument since October 21, 2012. This press release has been reviewed by Todd Johnson (M.Sc., P.E.), Vice President of Exploration for Monument Mining Limited, who is also a Qualified Person as defined by National Instrument 43-101 guidelines and has verified and approves of the scientific and technical information in this press release.

Drill holes at Buffalo Reef are being sampled and logged at site in a secured and fenced area within the mine site and the core facility is locked during nonbusiness hours.  Most of the drill hole samples are shipped to SGS Malaysia at their Port Klang facilities for sample preparation and analysis.  SGS Malaysia is an accredited lab that complies with ISO 17025:2005 requirements.  The samples are dried, crushed to 90% passing 4.0 mm and pulverized to 90% passing -75 microns and analyzed for:   Au fire assay (2 assay ton) using the FAA505 analysis method and ICP analysis (ICP-OES method) for  Ag, As and Sb.  Some of the FY2013 Buffalo Reef drill holes were also prepared and analyzed at certified labs in Jakarta, Indonesia (PT. Intertek), and in Richmond, Canada (ACME) that follow similar sample preparation and analysis protocols as listed above for SGS Malaysia.

The Buffalo Reef and Selinsing exploration and delineation drilling programs includes a Quality Control and Quality Assurance (QAQC) program that meet the present NI 43-101 guidelines.  Certified Au standards and non-certified blank materials are inserted approximately every 20 drill samples into the sample sequence. In addition, every 1 in 20 RC drill hole sample intervals is prepared using a riffle splitter and is submitted into the sample stream to the primary assay lab as a secondary split duplicate "check".  Duplicate coarse reject (approximately every 1 in 40 samples) and pulp (approximately every 1 in 20 samples) drill hole samples are being dispatched from the primary laboratories (SGS Malaysia Sdn. Bhd. and PT. Intertek, Indonesia) under instruction by Monument to a secondary certified "umpire" assay lab (ALS, Malaga, Western Australasia).

Assay results reported in this press release are drill thicknesses but approximate true thickness as most drill holes are generally oriented at a magnetic azimuth of 270 degrees with an inclination of 50 to 70 degrees (near perpendicular to the strike and dip of the mineralized zones).  All reported drill hole assay results in this press release are generally associated with recoveries greater than 80 percent for diamond drilling or greater than 40% for RC drilling.

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Monument's incumbent eight-person board, which has been nominated for re-election, intends to continue to grow the Company's profitable mines in Malaysia and to advance its projects there and elsewhere, creating sustainable and growing value for all shareholders.

Monument urges shareholders to vote for the incumbent board members and allow them to continue to work for the benefit of all shareholders. Vote the Management proxy to keep the dissident team off of the Monument board. Don't let dissidents seize your company and take it in unknown directions.

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Vote today FOR Monument's board using only Management's proxy

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About Monument
Monument Mining Limited (TSX-V:MMY, FSE:D7Q1) is an established Canadian gold producer that owns and operates the Selinsing Gold Mine in Malaysia, with  production cash costs among the lowest in the world.  Its experienced management team is committed to growth and is advancing several exploration and development projects in Malaysia, including the development stage, Mengapur Polymetallic Project. The Company employs 330 people in Malaysia and is committed to the highest standards of environmental management, social responsibility, and health and safety for its employees and neighboring communities. In addition, the Company's recent acquisition announcement of the Murchison Gold Project located in Western Australia will add to its project pipeline and diversify its single project cash flow source, country risk and potential metal profile.

Robert F. Baldock, President and CEO
Monument Mining Limited
Suite 910- 688 West Hastings Street
Vancouver B.C. Canada V6B 1P1

Table 1.  Summary of Significant FY2013 and FY2014 Buffalo Reef Diamond Drill Hole Intercepts Received as of December 31, 2013.

DHID			Tenement No.	Hole Depth (m)	Depth From (m)	Depth To (m)	Thickness (m)	Au (g/t)	Mineralization Type
MBRDD019			MC 1/107	203.0	67.50	68.30	0.80	1.18	Oxide + Sulfide
					119.60	122.60	3.00	2.64	Sulphide
MBRDD020			MC 1/107	300.3	230.35	231.57	1.22	1.16	Sulphide
MBRDD022			MC 1/111	280.0	2.00	6.50	4.50	0.82	Oxide
					60.20	61.20	1.00	2.85	Sulphide
					143.00	147.00	4.00	1.29	Sulphide
					149.00	162.50	13.50	3.83	Sulphide
					189.50	191.00	1.50	4.94	Sulphide
MBRDD023			MC 1/111	200.0	128.30	129.30	1.00	0.99	Sulphide
					155.20	158.30	3.10	1.03	Sulphide
					162.80	165.30	2.50	2.46	Sulphide
					171.70	172.60	0.90	0.82	Sulphide
MBRDD024			MC 1/111	200.0	112.10	117.50	5.40	0.67	Sulphide
					134.50	139.60	5.10	0.67	Sulphide
					148.70	153.50	4.80	0.91	Sulphide
MBRDD026			MC 1/111	150.5	23.90	25.40	1.50	0.63	Sulphide
					104.00	105.50	1.50	1.60	Sulphide
					108.40	114.60	6.20	0.77	Sulphide
MBRDD027			MC 1/111	150.5	78.60	80.00	1.40	0.90	Oxide + Sulfide
					119.30	129.50	10.20	1.92	Sulphide
MBRDD028			MC 1/111	250.3	144.50	145.50	1.00	1.56	Sulphide
MBRDD029			MC 1/111	200.0	0.00	9.50	9.50	0.81	Oxide
					68.70	69.60	0.90	1.25	Sulphide
					105.80	107.00	1.20	1.08	Sulphide
					127.50	128.50	1.00	2.21	Sulphide
					138.50	149.00	10.50	1.17	Sulphide
				including	143.00	144.50	1.50	3.59	Sulphide
MBRDD030			MC 1/111	251.0	122.00	122.70	0.70	7.49	Sulphide
					133.20	137.00	3.80	1.80	Sulphide
					193.60	195.10	1.50	1.70	Sulphide
MBRDD031			MC 1/111	192.5	146.60	153.50	6.90	1.53	Sulphide
					162.50	173.80	11.30	1.50	Sulphide
MBRDD033			MC 1/111	100.0	56.00	57.20	1.20	1.44	Sulphide
MBRDD036			MC 1/111	50.0	0.00	14.30	14.30	4.91	Oxide
				including	3.50	8.00	4.50	11.27	Oxide
MBRDD037			MC 1/111	70.0	0.00	11.00	11.00	1.13	Oxide
MBRDD039			MC 1/111	111.1	80.70	91.70	11.00	1.40	Sulphide
				including	88.80	90.40	1.60	5.08	Sulphide
MBRDD040			MC 1/111	100.5	65.00	66.50	1.50	0.78	Sulphide
MBRDD041			MC 1/111	101.0	24.00	27.30	3.30	0.80	Sulphide
					87.00	89.80	2.80	4.62	Sulphide
MBRDD043			MC 1/111	121.5	57.50	60.50	3.00	1.28	Sulphide
					94.70	98.00	3.30	1.34	Sulphide
					101.00	114.50	13.50	3.77	Sulphide
MBRDD045			MC 1/111	110.0	107.90	110.00	2.10	1.54	Sulphide
MBRDD046			MC 1/111	160.5	85.60	88.00	2.40	1.16	Sulphide
					110.00	111.40	1.40	1.40	Sulphide
					117.40	122.50	5.10	2.57	Sulphide
					128.00	132.00	4.00	2.31	Sulphide
DHID			Area	Hole Depth	Depth From (m)	Depth To (m)	Thickness (m)	Au (g/t)	Mineralization Type
MBRDD047			MC 1/107	60.0	30.50	33.50	3.00	2.94	Oxide + Sulfide
					38.70	39.50	0.80	0.75	Sulphide
					51.30	53.00	1.70	1.63	Sulphide
MBRDD048			MC 1/107	60.0	8.00	41.00	33.00	1.23	Oxide
					17.00	19.00	2.00	6.77	Oxide
MBRDD052			MC 1/107	80.0	53.50	57.10	3.60	2.12	Sulphide
MBRDD053			MC 1/107	65.0	3.50	6.50	3.00	0.57	Oxide
					27.50	30.50	3.00	1.21	Sulphide
MBRDD054			MC 1/107	60.0	6.50	12.50	6.00	2.67	Oxide
MBRDD055			MC 1/107	80.0	30.60	37.50	6.90	1.13	Oxide + Sulfide
					44.00	45.20	1.20	0.35	Oxide + Sulfide
					48.50	50.50	2.00	1.05	Sulphide
					52.90	56.60	3.70	0.81	Sulphide
MBRDD057			MC 1/107	50.0	27.50	35.00	7.50	1.13	Oxide
MBRDD058A			MC 1/107	101.0	32.00	33.50	1.50	0.55	Oxide
MBRDD059			MC 1/107	50.0	9.50	16.00	6.50	2.22	Oxide
MBRDD061			MC 1/107	50.0	0.00	5.00	5.00	3.55	Oxide
MBRDD062			MC 1/107	65.0	3.50	11.00	7.50	0.76	Oxide
				including	8.00	9.50	1.50	1.78	Oxide
					18.50	24.50	6.00	1.52	Oxide
MBRDD063			MC 1/107	65.0	9.50	16.80	7.30	2.37	Oxide + Sulfide
				including	9.50	12.50	3.00	5.25	Oxide + Sulfide
MBRDD064			MC 1/107	189.0	0.00	2.50	2.50	0.71	Oxide
MBRDD069			MC 1/107	120.0	45.40	53.60	8.20	0.79	Oxide + Sulfide
					67.90	69.50	1.60	1.33	Oxide + Sulfide
MBRDD071			MC 1/107	71.0	33.50	35.00	1.50	0.77	Sulphide
					54.90	59.80	4.90	2.03	Sulphide
				including	56.00	59.00	3.00	3.04	Sulphide
					65.90	69.80	3.90	1.98	Sulphide
MBRDD083			MC 1/107	180.0	3.00	4.50	1.50	11.30	Oxide
MBRDD088			MC 1/107	101.0	75.50	91.50	16.00	1.11	Sulphide
MBRDD092			MC 1/107	40.0	26.50	35.00	8.50	1.12	Oxide + Sulfide
MBRDD105			MC 1/107	100.0	64.50	66.00	1.50	0.33	Oxide
Notes: (1) Drill hole samples were  assayed at certified labs:  SGS in Port Klang, Malaysia or PT. Intertek in Jakarta,  Indonesia; (2) Buffalo Reef diamond drill holes with no significant assays (<0.31 g/t Au in oxide  and <0.62 g/t Au in sulfide mineralization): MBRDD032, 038, 050, 056, 058, 060, 065-067, 070, 078, 081-082, 084-087, 089, 091, 093, 096-098, 100-104, 106, 109, and 110; (3)  All reported drill hole assay intercepts are generally associated with >80% recovery except MBRDD037 (62%), MBRDD048 (68%), MBRDD057 (68%), MBRDD059 (63%), MBRDD062 (59%, 68%), MBRDD064 (64%), MBRDD083 (47%). (4) Buffalo Reef diamond drill holes with assays in progress:  MBRDD068, 072, 073, 075-077, 079, 080, 090, 094, 095, 099, 107, 108, 111-115, 118,120,123, 125, 127-128, 130, 132, 135, 137-138, 140, 141, 143-146, 148, 150-151, 153, 155, 157, 160, 278-280, 282, 320, 324-340, and 349-350; (5) Mineralisation is described as "Oxide + Sulfide" if geological logging indicates that the relevant interval contains alternating zones of oxidised and fresh rock, or is oxidised rock containing some sulphide minerals below the base of pervasive oxidation.

Table 2.  Summary of Significant FY2013 and FY2014 Buffalo Reef Reverse Circulation Drill Hole Intercepts Received as of December 31, 2013.

DHID		Tenement No.	Hole Depth (m)	Depth From (m)	Depth To (m)	Thickness (m)	Au (g/t)	Mineralization Type
MBRRC182		MC 1/111	60.0	0.00	3.00	3.00	0.61	Oxide
MBRRC184		MC 1/111	60.0	19.00	24.00	5.00	1.38	Oxide
MBRRC186		MC 1/111	51.0	17.00	19.00	2.00	3.21	Oxide
		including		18.00	19.00	1.00	5.98	Oxide
				20.00	25.00	5.00	9.43	Sulphide
				36.00	37.00	1.00	0.63	Sulphide
MBRRC187		MC 1/111	60.0	0.00	9.00	9.00	1.94	Oxide
				17.00	25.00	8.00	2.51	Oxide + Sulfide
				25.00	27.00	2.00	3.63	Sulphide
MBRRC191		MC 1/111	46.0	23.00	24.00	1.00	0.88	Sulphide
MBRRC195		MC 1/111	50.0	4.00	6.00	2.00	1.90	Oxide
				15.00	17.00	2.00	0.65	Oxide
MBRRC200		MC 1/111	60.0	4.00	9.00	5.00	1.66	Oxide
MBRRC208		MC 1/107	30.0	0.00	3.00	3.00	0.88	Oxide
MBRRC209		MC 1/107	80.0	7.00	27.00	20.00	1.01	Oxide
		including		7.00	8.00	1.00	3.02	Oxide
MBRRC210		MC 1/107	50.0	37.00	41.00	4.00	5.51	Sulphide
		including		37.00	39.00	2.00	10.25	Sulphide
MBRRC211		MC 1/107	50.0	26.00	27.00	1.00	0.66	Oxide
				39.00	42.00	3.00	0.73	Oxide
MBRRC212		MC 1/107	54.0	29.00	43.00	14.00	0.59	Oxide
		including		32.00	37.00	5.00	1.07	Oxide
MBRRC214		MC 1/107	35.0	1.00	4.00	3.00	0.64	Oxide
MBRRC216		MC 1/107	45.0	4.00	5.00	1.00	0.92	Oxide
MBRRC219		MC 1/107	65.0	61.00	62.00	1.00	1.29	Sulphide
MBRRC220		MC 1/107	90.0	0.00	3.00	3.00	2.77	Oxide
				8.00	9.00	1.00	1.44	Oxide
				87.00	89.00	2.00	0.65	Sulphide
MBRRC222		MC 1/107	50.0	5.00	8.00	3.00	0.47	Oxide
				8.00	15.00	7.00	1.10	Oxide + Sulfide
MBRRC224		MC 1/107	60.0	44.00	49.00	5.00	2.03	Sulphide
		including		44.00	45.00	1.00	6.02	Sulphide
				55.00	57.00	2.00	1.58	Sulphide
MBRRC225		MC 1/107	50.0	31.00	32.00	1.00	0.43	Oxide
MBRRC232		MC 1/107	25.0	14.00	19.00	5.00	1.99	Oxide
				22.00	23.00	1.00	3.20	Oxide + Sulfide
MBRRC233		MC 1/107	70.0	2.00	8.00	6.00	0.75	Oxide
		including		7.00	8.00	1.00	2.59	Oxide
MBRRC236		MC 1/107	60.0	36.00	43.00	7.00	1.25	Oxide
		including		36.00	38.00	2.00	3.06	Oxide
				47.00	50.00	3.00	2.23	Sulphide
MBRRC237		MC 1/107	40.0	20.00	22.00	2.00	0.70	Oxide
				27.00	30.00	3.00	1.56	Sulphide
MBRRC238		MC 1/107	65.0	32.00	33.00	1.00	1.22	Oxide
MBRRC240		MC 1/107	60.0	1.00	4.00	3.00	3.63	Oxide
MBRRC245		MC 1/107	60.0	35.00	42.00	7.00	2.04	Sulphide
		including		39.00	40.00	1.00	5.38	Sulphide
				56.00	57.00	1.00	0.75	Sulphide
DHID		Tenement No.	Hole Depth (m)	Depth From (m)	Depth To (m)	Thickness (m)	Au (g/t)	Mineralization Type
MBRRC246		MC 1/107	60.0	45.00	46.00	1.00	0.75	Sulphide
				50.00	60.00	10.00	1.62	Sulphide
		including		53.00	54.00	1.00	3.91	Sulphide
MBRRC248		MC 1/107	60.0	40.00	45.00	5.00	2.21	Oxide + Sulfide
MBRRC249		MC 1/107	30.0	23.00	24.00	1.00	0.70	Oxide
MBRRC252		MC 1/107	50.0	15.00	34.00	19.00	0.62	Oxide
				31.00	32.00	1.00	4.05	Oxide
				43.00	45.00	2.00	2.43	Oxide
				48.00	49.00	1.00	0.32	Oxide
MBRRC253		MC 1/107	40.0	7.00	10.00	3.00	2.05	Oxide
				13.00	16.00	3.00	1.07	Oxide + Sulfide
				28.00	32.00	4.00	4.12	Sulphide
				39.00	40.00	1.00	3.40	Sulphide
MBRRC269		MC 1/107	80.0	23.00	25.00	2.00	1.95	Oxide
Notes: (1) Drilling samples were  assayed at:  the certified lab SGS in Port Klang, Malaysia, and some at the Selinsing internal lab; (2)  All reported RC drill hole assay intercepts are generally associated with >40% recovery by weight relative to the theoretical mass of the RC drilled interval (3) Buffalo Reef RC drill holes with no significant assays (<0.31 g/t Au in oxide  and <0.62 g/t Au in sulfide ores): MBRRC181, 183, 189, 190, 193, 194, 196-198, 201-205, 207, 213, 215, 217, 218, 221, 223, 226-231, 234, 235, 239, 241-244, 247, 250, 251, 254-260, 264, 267, 270; (4) Buffalo Reef RC/Diamond drill holes with no significant assays (<0.31 g/t Au in oxide  and <0.62 g/t Au in sulfide ores): MBRRD261-263, 271, 272; (5) Buffalo Reef RC drill holes which failed QAQC tests at the Selinsing in-house laboratory:  MBRRC185, 188, 192, 199, 250; (6) Buffalo Reef RC drill holes with significant assay intervals but insufficient recovery to be reported:  MBRRC190, 217, 234, 239, 254, 257, and 259. (7) Buffalo Reef RC or RC/Diamond holes with assays still in progress: MBRRD265, 266, and 268. (8) Mineralisation is described as "Oxide + Sulfide" if geological logging indicates that the relevant interval contains either alternating zones of oxidised and fresh rock, or is oxidised rock containing some sulphide minerals below the base of pervasive oxidation .

"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 Statement

This news release includes statements containing forward-looking information about Monument, its business and future plans ("forward-looking statements"). Forward-looking statements are statements that involve expectations, plans, objectives or future events that are not historical facts and include  the effect the Company expects drill results to have on future resource estimates and the Company's plans with respect to its mineral projects and the timing and results of proposed programs and events referred to in this news release.  Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The forward-looking statements in this news release are subject to various risks, uncertainties and other factors that could cause actual results or achievements to differ materially from those expressed or implied by the forward-looking statements.  These risks and certain other factors include, without limitation: risks related to general business, economic, competitive, geopolitical and social uncertainties; uncertainties regarding the results of current exploration activities and the interpretation of those results; uncertainties in the progress and timing of development activities; foreign operations risks; other risks inherent in the mining industry and other risks described in the management discussion and analysis of the Company and the technical reports on the Company's projects, all of which are available under the profile of the Company on SEDAR at www.sedar.com.  Material factors and assumptions used to develop forward-looking statements in this news release include:  the Company's expectation that drilling results will increase future resource estimates; expectations regarding the estimated cash cost per ounce of gold production and the estimated cash flows which may be generated from the operations, general economic factors and other factors that may be beyond the control of Monument; assumptions and expectations regarding the results of exploration on the Company's projects; assumptions regarding the future price of gold of other minerals; the expected timing and results of development and exploration activities; costs of future activities; capital and operating expenditures; success of exploration activities; mining or processing issues; exchange rates; and all of the factors and assumptions described in the management discussion and analysis of the Company and the technical reports on the Company's projects, all of which are available under the profile of the Company on SEDAR at www.sedar.com.  Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

 

SOURCE: Monument Mining Limited

visit the company web site at www.monumentmining.com or contact:

Nick Kohlmann, MMY Toronto  
T: [phone]  
[email protected]

Richard Cushing, MMY Vancouver 
T: [phone] x102 
[email protected]

Wolfgang Seybold, Axino GmbH  
T: [phone]  
[email protected]