Mr. Robert Baldock reports

MONUMENT'S 2012 FIRST QUARTER PRODUCTION

Monument Mining Ltd. has released its first-quarter production results for the three months ended Sept. 30, 2011. Full financial and operating results for the quarter will be released by the end of November, 2011. All amounts are in United States dollars unless otherwise indicated.

The first quarter production results from the company's Selinsing gold mine maintain the consistent plant operations since it was put into commercial production in September, 2010. Total gold produced this quarter was 11,846 ounces compared with the previous year's quarterly average of 11,109, for an increase of 7 per cent. The average realized price per ounce of gold sold was $1,724 this quarter compared with $1,400 in the previous fiscal year for an increase of 23 per cent. The average processing recovery rate was 95.1 per cent for the three-month period. Cathy Zhai, chief financial officer of Monument Mining, said, "With this year's upward-trending gold prices, we are able to capitalize on higher gold prices compared with last year with resultant increased cash flow."

                                                 Year ended           Year ended      Quarter ended
                                              June 30, 2010        June 30, 2011     Sept. 30, 2011
Mining
Ore mined (tonnes)                                  662,330              740,909            124,736
Waste moved (tonnes)                              2,326,502            2,707,598            719,080
Ore stockpiled (tonnes)                             387,545              773,432            813,175
Process
Crushed ore (tonnes)                                274,786              355,021             84,993
Ore processed (tonnes)                              272,120              351,999             86,343
Average mill feed grade (g/t)                          3.08                 4.31               4.53
Processing recovery rate                              58.7%                92.9%              95.1%
Ball mill availability (%)                            89.2%                96.1%              97.4%
Sales
Gold produced (ounces)                               13,793               44,438             11,846
Gold sold (ounces)                                   13,793               40,438              8,372
Revenue (in 000s) (1)                               $16,316              $56,627            $14,430
Average realized gold price per ounce                $1,183               $1,400             $1,724

(1)Prior to achieving commercial production in September, 2010, gold sales and related production 
costs were capitalized against the Selinsing gold property and construction of the gold treatment
plant.

We seek Safe Harbor.