Monument Starts Commissioning CIL Circuit

                While Gravity Circuit is in Pre-Commercial Production

Vancouver, B.C. Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) "Monument" or the "Company" announces that it has commenced commissioning of the CIL ("carbon in leach") circuit of the 1200 tpd gold treatment plant at its wholly owned Selinsing Gold Project located in Pahang State, Malaysia while having its gravity circuit in pre-commercial production.

Subsequent to acquisition of Selinsing Gold Project in June 2007, the Company has been developing the open pit gold mine together with building a 1,200 tpd gold treatment plant in two construction phases including the gravity circuit and the CIL circuit.

The gravity circuit was commissioned in September 2009 and has since been placed into pre-commercial production. A total of 4,002 ounces of gold have been produced to date from the gravity circuit with a by-product of 890 ounces of silver. The first shipment of gold occurred in early November 2009. The average realized gold price from sales is US$1,124 per ounce. The cash generated from gold sales has been used to fund continuing construction of the CIL circuit. The mill throughput increased from monthly throughput of 3,534 tons in September 2009 to 34,260 tons in January 2010. The gravity circuit has achieved its targeted throughput in December 2009.

The commissioning of the CIL circuit commenced on February 12, 2010, delayed from December 2009 due to the late arrival of agitators, expected in November 2009 but delivered in February 2010. The Company is now focusing on completion of the CIL circuit commissioning. Together with the gravity circuit, the gold treatment plant, once in full production, will have a capacity of 40,000 ounces of gold per year.

The mining operation, commenced in July 2009, has currently stockpiled over 200,000 tons of ore for continued processing and approximately  120,000 tons of cyclone overflow material from the gravity circuit has been stored for future treatment in the CIL circuit.  

Robert F. Baldock, President and CEO

     Monument Mining Limited

     Suite 490- 688 West Hastings Street

     Vancouver B.C. Canada V6B 1P1

 For further information contact:

 North America:                                                      Europe:

Richard Cushing, Investor Relations                         Wolfgang Seybold, President, Axino.AG

Office: 604.638.1661                                                 Office: +49.711.25.35.92.40

Cell:     604.889.6563                                                  Fax:     +49.711.25.35.92.55

E-mail: info@monumentmining.com                         E-mail: wolfgang.seybold@axino.de

Website: www.monumentmining.com                      Website: www.axino.de

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this news release.

Not for distribution to U.S. news wire services or dissemination in the United States.  The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of the information contained herein.  Certain disclosures in this release, including management's assessment of the Company's plans and projects, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to the Company's operation as a mineral exploration company that may cause future results to differ materially from those expressed or implied in such.

Forward-Looking Statement

This press release contains forward-looking statements about Monument Mining Limited ("Monument"), its business and future plans, including the contemplated phase I and phase II development plans resulting in the commencement of mining and gold production, and in respect of the dates and amounts projected for these two phases resulting in the plant construction, gold production, gold sales and costs of the Selinsing Project. 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 press release are subject to various risks, uncertainties and other factors that could cause actual results or achievements to different materially from those expressed or implied by the forward-looking statements. These risks and certain other factors include, without limitation, uncertainty to the actual cost of t he gravity circuit and the estimated cash flows which may be generated from the gravity circuit, the risk that the Selinsing Project will not be completed successfully or in a timely manner, general economic factors and other factors that may be beyond the control of Monument. Forward-looking statements are based upon the beliefs, opinions and expectations of the management of Monument at the time they are made and Monument does not assume any obligation to update its forward-looking statements if those beliefs, opinions, expectations or circumstances should change.