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Monument files NI 43-101 Technical Report on the Mengapur Cu-Au Deposit

Resource Estimates Technical Reports (NI 43-101)

October 29, 2018 News Release Release #19 - 2018

Monument files NI 43-101 Technical Report on the Mengapur Cu-Au Deposit

Vancouver, B.C. Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) ("Monument") is pleased to announce

that, further to its press releas e 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 Instru ment 43 -101

Standards of Disclosure for Mineral Project s 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 Mur chison Gold Projects comprising Burnakura, Gabanintha and Tuckanarra in the

Murchison area of Western Australia. The Company employs approximately 19 5 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]

Wolfgang Seybold, Axino GmbH T: +49 711-82 09 7211 [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 propo sed 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 inheren t 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 factor s that

may be beyond the control of Monument; assumptions and expectations regarding the results of exploration on the Company’s pro jects;

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

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.