Ms. Cathy Zhai reports

MONUMENT NOTIFIED BY ODYSSEY OF MAJOR MILESTONE DELIVERY AT TUCKANARRA GOLD PROJECT

Monument Mining Ltd. has been notified by Odyssey Gold Ltd. that a major milestone has been achieved according to Odyssey's recent resource statement at Tuckanarra gold project where Monument holds 20-per-cent free carrying interest.

Maiden Tuckanarra project mineral resource estimate (MRE) totals 5.32 million tonnes (Mt) at 2.2 grams per tonne Au (gold) for 376,000 oz (above a 0.9 to 2.0g/t Au cut-off). The estimate is prepared by independent competent persons, Snowden Optiro, BMGS, and international resource solutions in accordance with JORC (Joint Ore Reserves Committee) principles and guidelines (2012 Edition).

Chief executive officer and president Cathy Zhai commented: "We are very pleased to hear this good news. It is encouraging as Tuckanarra exploration may provide Monument the opportunity to have future ore produced by ODY to be fed into the Burnakura gold processing plant, as well as it increases the upside value of Monument's holdings in this project."

Pursuant to the joint venture arrangement between Monument and Odyssey, a $1-million (Australian) contingency cash payment may become payable to Monument within 36 months of completion of the acquisition, conditioned upon the delineation of an independently assessed mineral resource in accordance with the JORC Code (2012 Edition) of at least 100,000 ounces of gold at a minimum resource grade of 1.55 g/t in relation to Tuckanarra gold project (the milestone performance consideration). At the time the 80 per cent of Tuckanarra gold project sold to ODY, it contained a historical indicated resource of 1.04 Mt at 1.65 g/t Au for 55,200 oz and a historical inferred resource of 0.92 Mt at 1.51 g/t Au for 44,600 oz within 11 separate prospects, determined by Ravensgate in its November, 2012, "independent resource model report" according to the JORC guidelines 2004.

The company and Odyssey have agreed to defer the milestone performance consideration payment (performance payment). Under the amended arrangement the $1-million (Australian) performance payment shall be made on the date within six months after the date of satisfaction of the milestone, which would be by Feb. 2, 2024.

In consideration for the deferral of performance payment, Odyssey agrees to pay Monument interest on the outstanding performance payment amount at a rate per annum equal to the United States secured overnight financing rate (SOFR) plus 2 per cent compounding monthly on and from the date which is five business days after the satisfaction of the milestone, until the performance payment is made.

Monument has reserved the right to call back the performance payment any time with 14 days of notice at its sole discretion five days after the date of satisfaction of the milestone performance.

About Monument Mining Ltd.

Monument Mining is an established Canadian gold producer that 100 per cent owns and operates the Selinsing gold mine in Malaysia and the Murchison gold project in the Murchison area of Western Australia. It has 20-per-cent interest in the Tuckanarra gold project jointly owned with Odyssey Gold Ltd. in the same region. The company employs approximately 200 people in both regions and is committed to the highest standards of environmental management, social responsibility, and health and safety for its employees and neighbouring communities.

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