Mr. Jean-Edgar de Trentinian reports

ORIFER SA ACQUIRES INTEREST IN MONUMENT MINING LIMITED

Orifer SA it has acquired ownership and control of 23,660,003 common shares and 8,125,003 share purchase warrants of Monument Mining Ltd. pursuant to a private transaction. Orifer currently holds 23,660,003 common shares of Monument, representing approximately 13.91 per cent of the total issued and outstanding common shares of Monument as of Oct. 1, 2010 (undiluted). Assuming that the share purchase warrants held by Orifer are fully exercised, Orifer will control 52,160,006 common shares, representing approximately 26.26 per cent of all issued and outstanding shares of Monument (on a partially diluted basis, assuming only the conversion and exercise of Orifer's share purchase warrants).

The shares and warrants were acquired by Orifer for investment purposes. Depending upon market conditions and other factors, Orifer may from time to time acquire additional securities of Monument, dispose of some or all of the existing or additional securities it holds in Monument or will hold, or may continue to hold its current position.

Additional information concerning the foregoing is contained in the early warning report filed by Orifer on SEDAR under Monument's profile.