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Monument Appoints Chris Leighton to Interim CFO

Management Changes

March 23, 2021 News Release Release #06 - 2021

Monument Appoints Chris Leighton to Interim CFO

Vancouver, B.C ., March 23, 2021, Monument Mining Limited (TSX -V: MMY and FSE: D7Q1) “ Monument” or the

“Company” is pleased to announce the appointment of Mr. Chris Leighton as interim CFO effective immediately while Mr.

Luther Nip has resigned in the transition period.

“I am very pleased to report the appointment of Chris Leighton as the Company’s CFO and welcome him to our management

team, as the Company initiates the flotation construction as its first phase of the Gold Sulphide Project at Selinsing Gold Mine

in Malaysia and Western Australia”, remarks Cathy Zhai, President & CEO of Monument Mining: “I have confidence that

his extensive hands on and bottom up experience of management accounting and financing in manufact uring sectors will be

strong benefit to the Company.”

Mr. Leighton has been a financial executive over the past 20 years. His experience covers strategic planning for operation

expansion and restructuring, cash flow management, project financing, cost accounting and financial reporting. His career has

spanned several industries including pulp and paper, forestry, aquaculture and publishing across both Canada and the US ,

from a junior position to executive in financial rep orting and control area, mostly concentrated on improvement of financial

performance over production lines with discipline. He has played a major role in the listing of companies on the NYSE by

spearheading the implementation of SOX controls for the Canad ian operations. Mr. Leighton is a designated Chartered

Professional Accountant (CPA) and holds a Bachelor of Commerce degree, specializing in Finance from the University of

British Columbia as well as a Master’s in Business Administration from Royal Roads University.

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 205 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 [email protected]

"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 even ts 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 c ause 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, geopol itical 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 tha t 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; th e expected timing and results of

development and exploration activities; costs of future activities; capital and operating expenditures; success of exploratio n 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 i mportant 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.