VANCOUVER, British Columbia, Oct. 29, 2018 (GLOBE NEWSWIRE) -- Monument Mining Limited (TSX-V: MMY and FSE:
D7Q1) ("Monument") is pleased to announce that, further to its press release dated October 22, 2018, it has filed a technical
report describing the Mineral Resource Estimate for the Mengapur Cu-Au Deposit in Pahang State, Malaysia.
The technical report is titled “Mineral Resource Estimate for the Mengapur Cu-Au Deposit, NI43-101 Technical
Report” and dated October 29, 2018. It has been prepared in accordance with National Instrument 43-101 Standards of Disclosure for
Mineral Projects and is prepared by John Graindorge BSc (Hons);Grad. Cert. Geostatistics, MAusIMM(CP), Principal Consultant,
Resources, Snowden Mining Industry Consultants Pty Ltd., the Qualified Person. The technical report is available on SEDAR under
Monument’s profile at www.sedar.com and is also available on Monument’s website at www.monumentmining.com.
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. Its experienced management team is committed to growth and is advancing several exploration
and development projects including the Mengapur Copper-Iron Project, in Pahang State of Malaysia, and the Murchison Gold Projects
comprising Burnakura, Gabanintha and Tuckanarra in the Murchison area of Western Australia. The Company employs approximately 195
people in both regions and is committed to the highest standards of environmental management, social responsibility, and health and
safety for its employees and neighboring communities.
Cathy Zhai, President and CEO
Monument Mining Limited
Suite 1580 -1100 Melville Street
Vancouver, BC V6E 4A6
FOR FURTHER INFORMATION visit the company web site at www.monumentmining.com or contact:
Richard Cushing, MMY Vancouver T: +1-604-638-1661 x102 rcushing@monumentmining.com
Wolfgang Seybold, Axino GmbH T: +49 711-82 09 7211 wolfgang.seybold@axino.com
"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 includes statements containing forward-looking information about Monument, its business
and future plans (“forward-looking statements”). Forward-looking statements are statements that involve expectations, plans,
objectives or future events that are not historical facts and include the Company’s plans with respect to its mineral projects and
the timing and results of proposed programs and events referred to in this news release. 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". 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: risks related to general business, economic,
competitive, geopolitical and social uncertainties; uncertainties regarding the results of current exploration activities;
uncertainties in the progress and timing of development activities; foreign operations risks; other risks inherent in the mining
industry and other risks described in the management discussion and analysis of the Company and the technical reports on the
Company’s projects, all of which are available under the profile of the Company on SEDAR at www.sedar.com. Material factors and assumptions used to develop forward-looking statements in
this news release include: expectations regarding 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;
assumptions and expectations regarding the results of exploration on the Company’s projects; assumptions regarding the future price
of gold of other minerals; the timing and amount of estimated future production; the expected timing and results of development and
exploration activities; costs of future activities; capital and operating expenditures; success of exploration activities; mining
or processing issues; exchange rates; and all of the factors and assumptions described in the management discussion and analysis of
the Company and the technical reports on the Company’s projects, all of which are 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 statements, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can be no assurance that such statements 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 statements. The Company does not undertake to update any forward-looking statements,
except in accordance with applicable securities laws.
