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Monument Intercepts 1.44 g/t Gold over 56.5 meters in Selinsing Drilling

December 10, 2013

Vancouver, B.C., December 10, 2013, Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” is pleased to report recent Selinsing drill hole assay results from some of its FY2013 drilling program which continue to define and extend oxide and sulfide mineralization at the Selinsing open pit gold mine in Malaysia. 

ASSAY HIGHLIGHTS

• MSMDD024 intersected 24.0 meters (172.9-196.9m) at 1.73 g/t Au including 3.0 meters (187.9-190.9m) at 4.81 g/t Au in the Deeps sulphide zone;

• MSMDD036 intersected 6.00 meters (207.5-213.5m) at 5.05 g/t Au and an underlying zone of 12.20 meters (229.9-242.1m) at 3.94 g/t Au in the Deeps sulphide zone;

• MMSDD051 intersected 14.5 meters (12.5-27.0m) at 2.02 g/t Au including 1.5 meters (17.0-18.5m) at 6.14 g/t Au in oxide south of the Selinsing pit;

• MSMDD067 intersected 1.60 meters (75.4-77.0m) at 19.4 g/t Au and an underlying 1.70 meters (89.0-90.7m) at 25.2 g/t Au (both in sulphide) north of the Selinsing pit;

• MSMDD084 intersected 56.5 meters (203.0-259.5m) at 1.44 g/t Au including 6.0 meters (222.5-228.5m) at 4.48 g/t Au in the Deeps sulphide zone.

These drill results demonstrate that gold mineralization at the Selinsing deposit continues along strike to the south and north as well as down-dip at depth (Selinsing “Deeps”) as zones of significant widths of moderate grade including high grade sub-zones, in both sulphide and oxide ore. The sulfide mineralization is hosted in a north-south striking fault/shear zone dipping moderately to the east within an interbedded sequence of argillite, graphitic argillite, calcareous argillite, graphitic calcareous arenite, felsic tuff and phyllite rocks with weak to moderate gold-bearing quartz plus pyrite plus arsenopyrite plus/minus stibnite veins and stockwork veinlets. The sulfide minerals are generally not visibly present within the oxide mineralization. 

The fiscal 2013 Selinsing drill program, totaling US$1.94 million, focused on finding additional oxide and sulfide ores within, adjacent to, and outside of the existing pit development areas and in the area extending northwards along strike from the Selinsing Pit to the Buffalo Reef South pit. Both infill-delineation drilling within the existing design pits and drill holes located on the margins of the design pits were completed to help maximize the conversion of Inferred resources to Indicated or Measured as defined in the August 31, 2012 NI 43-101 Technical Report posted on Sedar and the Company website at http://www.monumentmining.com/s/technical_reports.asp. The recent drill hole assay results from the Selinsing and Buffalo Reef areas are currently being reviewed and remodeled to assess all significant resource and reserve changes since the last NI 43-101 Technical Report was issued.

Table 1 below lists some of the significant Selinsing drill hole assays received between November 1, 2012 and October 31, 2013 and recently compiled. A complete table of diamond drilling results and drill hole details along with a plan map showing Monument’s Selinsing drill hole locations presented in this press release are posted on the Company’s website at www.MonumentMining.com.

Assays for another 36 outstanding drill holes drilled at Selinsing in fiscal 2013 are pending and will be reported in the near future. Additional FY2013 drill hole assays from the Buffalo Reef resource areas will also reported soon. Follow up drilling will be pursued in priority areas throughout the property during fiscal 2014 after completion of assaying, assessment of the fiscal 2013 drilling results, and approval of the fiscal 2014 plan. Two Monument-owned diamond drills are currently drilling at the adjacent FELDA land to the east of the existing Selinsing open pit and the Buffalo Reef South and Central resource areas. The drill hole assay results from this FELDA program will also be released in the near future.

From October 2010 to October 31, 2013, a total of 32,308 meters in 169 diamond and RC drill holes have been completed at Selinsing:

July 2010 to June 2011 3,013.1 meters in 14 holes
July 2011to June 2012 10,553.8 meters in 46 holes
July 2012 to July 2013 18,741.5 meters in 109 holes.

QA/QC
The information in this press release has been compiled and/or reviewed by Ian Bruce, Chief Managing Geologist for Monument Mining Limited (M.Sc., AIG) who is a Qualified Person as defined by NI 43-101 guidelines and has been working in Malaysia for Monument since October 21, 2012. This press release has been reviewed by Todd Johnson (M.Sc., P.E.), Vice President of Exploration for Monument Mining Limited, who is also a Qualified Person as defined by National Instrument 43-101 guidelines and approves the information in this press release as valid. 

Drill holes at Selinsing are being sampled and logged at site in a secured and fenced area within the mine site and the core facility is locked during nonbusiness hours. Most of the drill hole samples are shipped to SGS Malaysia at Port Klang for sample preparation and analysis which is an accredited lab that complies with ISO 17025:2005 requirements. The samples are dried, crushed to 90% passing 4.0 mm and pulverized to 90% passing -75 microns and analyzed for: Au fire assay (2 assay ton) using the FAA505 analysis method; and ICP Ag, ICP As, and ICP Sb. As part of the Quality Control and Quality Assurance program, certified Au standards and non-certified blank materials are inserted approximately every 20 samples into the sample sequence. 

Assay results reported in this press release are drill thicknesses but approximate true thickness as most drill holes are generally oriented at a magnetic azimuth of 270 degrees with an inclination of 50 to 70 degrees (near perpendicular to the strike and dip of the mineralized zones). All reported diamond drill hole assay results in this press release are generally associated with recoveries greater than 80 percent unless otherwise noted.

About Monument 
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 feasibility stage, Mengapur Polymetalic Project. The Company employs 330 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

FOR FURTHER INFORMATION visit the company web site at www.monumentmining.com or contact:
Nick Kohlmann, MMY Toronto T: +1-647-478-3594 nkohlmann@monumentmining.com
Richard Cushing, MMY Vancouver T: +1-604-638-1661 x102 rcushing@monumentmining.com
Wolfgang Seybold, Axino AG-Europe T: +49 711-2535-92 40 wolfgang.seybold@axino.de



Table 1. Summary of Significant FY2013 Selinsing drill hole intercepts received as of October 31, 2013.

DHIDAreaHole DepthDepth From (m)Depth To (m)Thickness (m)Au (g/t)Mineralization Type
MSMDD024ML 5/2000297.4164.4169.95.501.20Sulphide
   172.9196.924.001.73Sulphide
  includes177.40178.300.904.89Sulphide
   187.90190.903.004.81Sulphide
MSMDD026ML 5/2000306.3198.3204.36.001.28Sulphide
   213.3217.64.300.94Sulphide
   222.3225.33.003.57Sulphide
   228.3240.312.001.42Sulphide
   264.3267.33.001.04Sulphide
MSMDD030ML 5/2000312.5177.5180.53.002.50Sulphide
  includes178.8180.51.703.52Sulphide
   204.5218.714.201.88Sulphide
  includes216.5218.72.206.92Sulphide
   222.5225.53.001.04Sulphide
MSMDD032ML 5/2000310.5222.5231.59.002.27Sulphide
  includes230.0231.51.504.07Sulphide
   239.0240.51.501.32Sulphide
   260.0261.51.502.29Sulphide
MSMDD036ML 5/2000321.5112.9114.51.601.41Sulphide
   200.3201.51.200.79Sulphide
   207.5213.56.005.05Sulphide
  includes207.5209.31.809.12Sulphide
   218.2219.51.303.36Sulphide
   229.9242.112.203.94Sulphide
  includes231.5233.21.706.82Sulphide
  includes235.8238.52.708.14Sulphide
   258.5260.11.601.88Sulphide
MSMDD037ML 5/2000300.8174.6176.11.500.65Sulphide
   180.3184.604.302.02Sulphide
  includes182.30183.401.103.06Sulphide
   194.0197.23.202.57Sulphide
  includes195.80197.201.404.52Sulphide
   199.70206.707.001.21Sulphide
   213.80215.201.400.72Sulphide
   216.80221.44.600.66Sulphide
   225.80228.83.003.56Sulphide
  includes225.80227.501.705.63Sulphide
MSMDD038ML 5/2000300.4228.4240.512.101.54Sulphide
  includes233.10235.92.803.73Sulphide
   246.50248.001.505.24Sulphide
   261.50270.59.001.17Sulphide
   264.50266.201.702.14Sulphide
MSMDD039ML 5/2000313.0132.4135.43.003.65Sulphide
   147.4148.91.501.08Sulphide
   171.1172.61.500.63Sulphide
   210.4213.43.000.99Sulphide
   225.4228.43.000.90Sulphide
MSMDD040ML 5/2000301.5221.0234.013.001.89Sulphide
   222.5225.53.004.33Sulphide
   228.5229.00.504.65Sulphide
   242.0246.54.501.95Sulphide
  includes242.0243.51.503.04Sulphide
   250.2251.00.800.93Sulphide
DHIDAreaHole DepthDepth From (m)Depth To (m)Thickness (m)Au (g/t)Mineralization Type
MSMDD043ML 5/2000311.448.550.01.501.14Sulphide
   130.9138.41.000.89Sulphide
   147.4153.43.001.12Sulphide
   165.4168.12.700.94Sulphide
MSMDD045ML 5/2000297.0126.0129.03.001.48Sulphide
   132.0134.72.700.71Sulphide
   138.0140.42.400.72Sulphide
MSMDD046ML 5/2000152.039.541.01.500.42Oxide
   57.559.01.501.21Sulphide
   62.065.03.000.76Sulphide
   76.977.91.000.83Sulphide
   87.288.71.500.79Sulphide
MSMDD048ML 5/2000110.39.513.33.800.54Oxide
   18.520.01.501.41Oxide
   51.153.12.002.75Sulphide
MSMDD049ML 5/2000161.091.092.01.004.58Sulphide
   100.9102.31.400.62Sulphide
MSMDD050ML 5/2000122.00.03.53.502.34Oxide
   6.5012.56.002.32Oxide
  includes8.09.51.503.85Oxide
   17.018.51.501.11Oxide
   50.054.54.500.87Sulphide
   60.562.01.501.75Sulphide
MSMDD051ML 5/2000120.03.58.04.500.47Oxide
   12.527.014.502.02Oxide
  includes17.018.51.506.14Oxide
  includes25.527.01.503.02Oxide
MSMDD053ML 5/2000124.021.529.07.502.17Sulphide
  includes23.024.31.305.04Sulphide
   36.544.07.501.96Sulphide
   50.051.31.301.22Sulphide
   55.456.00.601.44Sulphide
   60.562.01.500.74Sulphide
   77.078.01.000.74Sulphide
   80.084.04.000.70Sulphide
MSMDD056ML 5/2000110.042.545.53.001.27Oxide
MSMDD057ML 5/2000151.437.539.01.500.52Sulphide
   46.548.01.501.43Sulphide
   66.173.06.900.90Sulphide
MSMDD059ML 5/2000150.723.024.51.500.44Sulphide
MSMDD062MC 1/124299.0218.0219.01.000.79Sulphide
MSMDD063ML 5/2000250.08.09.51.501.31Oxide
   126.5128.01.500.90Sulphide
MSMDD064 150.5116.0117.51.502.12Sulphide
   122.0125.03.002.18Sulphide
MSMDD065MC 1/124151.52.08.06.000.46Oxide
  includes2.03.51.500.41Oxide
MSMDD066MC 1/124170.0117.2123.26.002.72Sulphide
  includes121.7123.21.504.15Sulphide
   152.0155.03.001.37Sulphide
MSMDD067MC 1/124148.075.477.01.6019.38Sulphide
   89.090.71.7025.20Sulphide
  includes89.890.70.9041.00Sulphide
   139.0142.03.001.57Sulphide
DHIDAreaHole DepthDepth From (m)Depth To (m)Thickness (m)Au (g/t)Mineralization Type
MSMDD068MC 1/124150.370.975.54.600.94Sulphide
   111.8129.017.200.98Sulphide
  includes111.8115.53.700.89Sulphide
  & includes121.0122.51.500.92Sulphide
  & includes127.0129.02.005.62Sulphide
MSMDD069MC 1/124162.20.02.02.000.35Oxide
   117.5118.51.004.99Sulphide
   125.6128.02.400.51Sulphide
MSMDD073MC 1/124150.020.021.51.501.02Oxide
   47.047.90.901.40Oxide
   49.858.48.600.66Oxide
   83.086.03.001.05Sulphide
MSMDD075MC 1/124100.878.379.81.500.62Sulphide
   84.590.05.500.74Sulphide
MSMDD076ML 5/2000131.018.523.04.500.74Oxide
   21.523.01.501.49Oxide
   37.840.83.000.66Oxide
   50.552.21.700.45Oxide
   72.574.01.501.07Sulphide
   107.0110.03.003.11Sulphide
   108.5110.01.503.93Sulphide
MSMDD077MC 1/124150.02.03.51.500.71Oxide
   53.054.51.502.28Sulphide
   69.471.01.601.05Sulphide
   124.0125.01.000.90Sulphide
MSMDD078AML 5/2000267.7104.0105.61.602.05Sulphide
   195.6199.03.401.15Sulphide
MSMDD083ML 5/2000260.05.08.03.000.72Oxide
   152.0154.32.301.20Sulphide
   162.0168.06.001.36Sulphide
   178.8188.09.201.47Sulphide
  includes178.8183.54.702.23Sulphide
   191.0198.47.401.90Sulphide
  includes195.3198.43.103.26Sulphide
   204.7207.93.150.99Sulphide
   210.5216.56.000.94Sulphide
   237.5240.73.171.37Sulphide
MSMDD084ML 5/2000300.0203.0259.556.501.44Sulphide
  includes203.0204.51.508.48Sulphide
  includes222.5228.56.004.48Sulphide
MSMDD087ML 5/2000202.0150.3155.55.201.10Sulphide
  includes154.2155.51.302.39Sulphide
   160.1170.09.961.94Sulphide
  includes161.3162.51.205.35Sulphide
  includes168.1170.01.954.63Sulphide
MSMDD088ML 5/2000260.2154.2157.53.3010.06Sulphide
  includes156.0157.51.5021.60Sulphide
   161.4166.65.201.15Sulphide
   179.5182.63.100.59Sulphide
MSMDD092MC 1/124291.01.53.52.000.33Oxide
   6.518.512.000.98Oxide
MSMDD105MC 1/12415221.522.91.41.32Sulphide
   87.589.11.60.88Sulphide
   104.4109.451.22Sulphide
MSMDD115MC 1/1241501.010.59.50.43Oxide
DHIDAreaHole DepthDepth From (m)Depth To (m)Thickness (m)Au (g/t)Mineralization Type
MSMRC021ML 5/200045.04.06.02.001.04Trans.
   20.021.01.0019.00Sulphide
   25.029.04.000.87Sulphide
   34.035.01.006.56Sulphide
MSMRC022ML 5/200062.00.04.04.001.58Trans.
   37.038.01.002.06Sulphide
   41.043.02.000.70Sulphide
   55.056.01.001.39Sulphide
MSMRC025MC 1/124600.01.01.00.34Oxide
   37.038.01.00.57Oxide
   47.048.01.04.38Oxide
MSMRC166ML 5/20001450.06.06.02.48Sulphide
  includes0.01.01.012.30Sulphide
   74.075.01.01.40Sulphide
   102.0104.02.01.32Sulphide
Notes:
  1. All reported drilling samples were  assayed at the SGS certified lab in Port Klang, Malaysia;
  2. Selinsing diamond drill holes with no significant assays (<0.3 g/t Au in oxide  and <0.7 g/t Au in sulfide ores: MSMDD041, 058, 060, 061, 071, 072, 098, 102, 103, 107, 113, 114, 117, 121; 130; 137; 138;
  3. Selinsing reverse circulation drill holes with no significant assays (<0.3 g/t Au in oxide  and <0.7 g/t Au in sulfide ores:  MSMRC001, 002, 004, 006, 010, 026, 028, 029, 031, 032, 034, and 147;
  4. Selinsing diamond drill holes with assays in progress:  MSMDD070, 074, 086, 089, 091, 093-096, 108, 110, 112, 116,    119-120, 131-136, 139-144, 145-146, 148-153, 156-161, 163, and 165;
  5. Selinsing reverse circulation drill holes with assays in progress:  MSMRC001 through 0034 (excluding drill holes 022 and 025); 129, 146, and 147.
  6. All reported drill hole assay intercepts are generally associated with >80% recovery



“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 statements about Monument Mining Limited (“Monument”), its business and future plans. Forward-looking statements are statements that are not historical facts and include the timing of the proposed programs and events. The forward-looking statements in this news release are subject to various risks, uncertainties and other factors that could cause actual results or achievements to differ materially from those expressed or implied by the forward-looking statements. These risks and certain other factors include, without limitation, the estimated cash cost per ounce of gold production and the estimated cash flows which may be generated from the operations, general economic factors and other factors that may be beyond the control of Monument; statements regarding the future price of gold; the estimation of mineral resources; conclusions of economic evaluation (including scoping studies); the realization of mineral resource estimates; the timing and amount of estimated future production, development and exploration; costs of future activities; capital and operating expenditures; success of exploration activities; mining or processing issues; currency exchange rates; government regulation of mining operations; and environmental risks. Generally, forward-looking information can be identified by the use of forward- looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is 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 information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; foreign operations risks; other risks inherent in the mining industry and other risks described in the annual information form 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 information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information 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 information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.


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