Monument Mining Announces Results of Annual General Meeting of Shareholders

VANCOUVER, April 2, 2013 /CNW/ - Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) "Monument" or the "Company" is pleased to announce the results from its Annual General Meeting held on March 28, 2013 (the "Meeting") in Vancouver, B.C., which had a turnout in person or by proxy of over 50% of its issued and outstanding voting shares. All proposed resolutions were approved by over 90% of participating shareholders in favor of all resolutions.

At the Meeting, shareholders appointed Grant Thornton LLP to serve as the Company's Auditors, ratified the Company's 10% stock option plan, approved a Shareholders Rights Plan, and approved and ratified By-Law Number 1A of the Company. All previous members of the board of directors were re-elected for the ensuing year.

Robert Baldock, President and CEO stated: "The endorsement of shareholders for the resolutions represents significant support for the Management and the Board of Directors going forward. With this support, management is now able to focus on development of its major assets".

Please visit our website at www.monumentmining.com for more information.

About Monument Mining Limited

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 polymetalic Mengapur project. The Company employs 320 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.

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

"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 contains forward-looking information and forward-looking statements about Monument (together referred to herein as "forward-looking statements"). Forward-looking statements are statements that are not historical facts and include statements regarding:  the timing and implementation of the planned development of the Mengapur Project, the potential processing capacity for the Mengapur Project, the timing and amount of any dividend and other plans and expectations of the Company.  Forward-looking statements are based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those projected in the forward-looking statements..  These risks and certain other factors include:  the Company's expectations in connection with its exploration, development and expansion projects; the impact of general business and economic conditions; changes in project parameters as plans continue to be refined; costs of future activities; capital and operating expenditures; success of exploration activities; the estimated cash cost per ounce of gold production and the estimated cash flows which may be generated from the operations; mining or processing issues; currency exchange rates; government regulation of mining operations; environmental risks; general economic factors and other factors that may be beyond the control of Monument... Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including the risks factors listed above, other risks inherent in the mining industry and other risks described in the management discussion and analysis of the Company, which is 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 statements, 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 AG-Europe
T: [phone]
[email protected]