Option Agreement Terminated on its Keno-Lightning, Yukon Property

February 2, 2012 Trading Symbols: MAN: TSXV MMNGF: OTCQX

Option Agreement Terminated on its Keno-Lightning, Yukon Property

Vancouver, British Columbia… Further to its press release of November 7, 2012, Monster Mining Corp. (the “Company” or “Monster Mining”) announces that Midnight Sun Mining Corp. (TSX-V: MMA) (“Midnight Sun”) was unable to meet its exploration commitment of $1,000,000 by January 31, 2012, thereby losing its option to acquire a 20% interest in Monster’s Keno-Lightning silver property in central Yukon (the “Keno-Lightning Property”).

Pursuant to its agreement with the Company, Midnight Sun will not retain any interest in the Keno-Lightning Property.

The Company also announces the appointment of Gary Arca as an additional director, following the resignation of Tara Christie. The Board welcomes Mr. Arca who also acts as CFO of the Company, and thanks Ms. Christie for her valuable contributions during Monster’s early growth stages. “We wish her all the best in her personal pursuits and know she will continue to share her expertise as a significant shareholder of the Company,” said Robert Eadie, President of Monster Mining.

ON BEHALF OF THE BOARD

Signed “Robert Eadie”

Robert Eadie, President, Chief Executive Officer and Director

FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: 1-604-602-4935 Facsimile: 1-604-602-4936 Website: www.monstermining.com Contact: Robert Eadie

Neither the 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.

Suite 750, 580 Hornby Street, Box 113, Vancouver, British Columbia, Canada V6C 3B6 Telephone:  (604) 602‐4935  �  Facsimile:  (604) 602‐4936   �  E‐mail:  [email protected]