• Gold Price USD $1,814.74
  • TSX.V: MMY
  • FSE: D7Q1
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Monument Appoints General Manager and Mine Manager

August 25, 2008

Release #13 - 2008

Vancouver, B.C. Monument Mining Limited (TSX-V:MMY and FSE:D7Q1) (“Monument” or the “Company”) is pleased to announce the appointment of Kevin J. Wright, ACSM Mining and Mineral Processing Engineer, as General Manager of its Malaysian subsidiary - Selinsing Gold Mine Manager Sdn. Bhd. and Mine Manager for the Selinsing Gold Project.

Mr. Wright has over 33 years of international experience building mineral treatment facilities, developing both underground and open caste mines and operating such projects. His international experience has included management of mines and plant design engineering, reliability maintenance planning, permitting, quality control and the business of running safe profitable mines and mineral processing plants in Central and South America, the Caribbean, Asia, Russia and the former Soviet Union as well as Scandinavia, Eastern Europe and North America. 

The previous experience of Mr. Wright in planning, designing, managing construction, and operation of mining properties including development of site infrastructure is extensive. Some of these projects include Dragon Mining NL open caste gold mine and CIL facility, Svartliden, Northen Sweden; Celtic Resources LLC, London, England at Nezhdaniskoye Mine, Yakutia, Russia; Ivanhoe Mines Ltd, Vancouver, B.C. Canada, Eunsan Mine South Korea; Olympus Pacific Minerals Ltd., Vancouver B.C. Canada, Phuoc Son, underground and Bong Mieu open caste projects, Quang Nam Province, Vietnam; Greenstone Resources, La Libertad, Nicaragua -open caste heap leach gold project; MK Gold Co., American Girl Mine JV, Winterhaven, California open caste and underground gold mine and CIL plant. Some of Mr. Wright’s other projects include working with companies such as Cominco Ltd, Fluor Daniel, Bunker Hill Mining Ltd., Minproc Engineers, Lac Minerals South America, Goldfields Mining Ltd. and URS Washington Division.

Mr. Wright has now relocated to Selinsing mine site and heads up and manages the building of the Selinsing Gold Mine mineral processing facility and the development of the Selinsing open pit. He will be a key member of the senior management team as the Company continues to grow through its project development plan and production expansion as well as its strategic exploration projects previously announced. The Company is very aligned with the safety record and attitude of Mr. Wright toward worker protection and best practice management through safe, sound work practices in mining. He also places high importance on community relations which for Selinsing is particularly important, as its work force comes from the local community.

Mr. Robert Baldock, President and CEO of Monument commented “I extend a very warm welcome to Kevin who will be a key member of our management team, involved in our current operational and corporate development plans as well as planning and helping implement our strategic vision going forward. His wealth of mining industry operational experience is extremely valuable to a Company with production start-up plans like Monument.” 

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this news release.

Not for distribution to U.S. news wire services or dissemination in the United States. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of the information contained herein. Certain disclosures in this release, including management’s assessment of the Company’s plans and projects, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to the Company’s operation as a mineral exploration company that may cause future results to differ materially from those expressed or implied in such.

For further information contact:

North America:
Richard Cushing, Investor Relations
Office: 604.638.1661
Fax: 604.638.1663
E-mail: info@monumentmining.com
Website: www.monumentmining.com

Wolfgang Seybold, President and CEO, Axino.AG
Office: +49.711.
Fax: +49.711.
E-mail: wolfgang.seybold@axino.de
Website: www.axino.de

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