Monument Announces the Appointment of Cathy Zhai as President and CEO

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 2, 2018) - Monument Mining Limited (TSX VENTURE:MMY)(FRANKFURT:D7Q1) "Monument" or the "Company" is pleased to announce that the Board of Directors has resolved to appoint Mr. Robert Baldock as Executive Chairman; Ms. Cathy Zhai as President and CEO.

"I am very pleased to report the appointment of Cathy Zhai as the Company's President and CEO as the Company moves its multiple projects in Malaysia and Western Australia forward," remarks Robert Baldock, Executive Chairman of Monument Mining: "Cathy's long dedication to the Company and years of executive experience in all areas of management in the mining industry make her the right successor to lead Monument to the next chapter of growth and development."

Mr. Robert Baldock is the founder of Monument and has invaluable all-round experience as a mining executive for decades. He had been CEO and President of Monument for more than 12 years from the very beginning, and the Chairman of the Board of Directors from time to time since 1998. Under his leadership, Monument has grown from ground zero to a junior gold producer with total gross revenue of more than US$350 million to date. Today, Monument has built up strong assets of US$253 million on its balance sheet. These assets have formed a foundation for further growth, including Selinsing Gold Mine in Malaysia with its initial gold inventory being fully replaced, and the Burnakura Gold Project presently being developed at the Murchison area in Western Australia, potentially to be turned into a second cash flow generation operation with both open pit and underground gold mines. Mr. Baldock has in the meantime established and maintained a strong management team highly committed to all shareholders and other stakeholders. His leadership as Executive Chairman will continue to direct the development strategy and growth of the Company going forward.

Ms. Zhai had been the Chief Financial Officer at Monument Mining Limited since 2001 (formally Moncoa Corporation). Ms. Zhai has over 20 years of extensive experience at senior positions in business strategic planning, corporate finance, financial reporting and Corporate Secretary over mining operations and other business sectors with international exposure across North America, China, South-East Asia and Australia. She has participated in financing and development of Monument assets portfolio, and has been the main driver in the establishment of a control platform over financial and mining operations from initial stage with discipline and a "can-do" attitude. In her career, she has worked as CFO, Director of Finance and other senior roles with several public and private companies across mining, high tech, manufacturing sector and biotech industries. Ms. Zhai is a CPA-CGA and holds a B.Sc. degree in Mathematics.