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Hub On AGORACOM / Read Release

Message: Monument Updates Its Interest In Central Australian Phosphate Limited



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VANCOUVER, April 30, 2013 /CNW/ - Further to the announcement dated 23
April 2013 regarding Monument Mining Limited's (TSX-V: MMY and FSE:
D7Q1) ("Monument") indicative non-binding conditional proposal to acquire all the share
capital of Central Australian Phosphate Limited ("CEN"), Monument wishes to advise that it has withdrawn its indicative
proposal.


Monument is continuing discussions with CEN regarding alternative
commercial options for future exploration activity at CEN's main
phosphate deposit (the Arganara Project). These discussions are
preliminary in nature and may not lead to an alternative proposal.


Monument remains committed to securing a long-term supply of phosphate
rock for its Mengapur Polymetallic Project and will inform its
shareholders of any future developments.


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, with production cash costs among the lowest in the world.
Its experienced management team is committed to growth and is advancing
several exploration and development projects in Malaysia, including the
100% owned, development stage, Mengapur Polymetalic Project. The
Company employs 320 people in Malaysia and is committed to the highest
standards of environmental management, social responsibility, and
health and safety for its employees and neighboring communities.


Robert F. Baldock, President and CEO

Monument Mining Limited

Suite 910- 688 West Hastings Street

Vancouver B.C. Canada V6B 1P1




"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 contains forward-looking statements about Monument
Mining Limited ("Monument"), its business and future plans.
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 news release are subject to various
risks, uncertainties and other factors that could cause 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, 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 that may be
beyond the control of Monument; statements regarding the future price
of gold; the estimation of mineral resources; conclusions of economic
evaluation (including scoping studies); the realization of mineral
resource estimates; the timing and amount of estimated future
production, development and exploration; costs of future activities;
capital and operating expenditures; success of exploration activities;
mining or processing issues; currency exchange rates; government
regulation of mining operations; and environmental risks. 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". Forward-looking information is subject to
known and unknown risks, uncertainties and other factors that may cause
the actual results, level of activity, performance or achievements of
the Company to be materially different from those expressed or implied
by such forward-looking information, including but not limited to:
general business, economic, competitive, geopolitical and social
uncertainties; the actual results of current exploration activities;
foreign operations risks; other risks inherent in the mining industry
and other risks described in the annual information form of the
Company, which is available under the profile of the Company on SEDAR
. Although the Company has attempted to identify important factors that
could cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can be
no assurance that such information 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 information. The Company does not
undertake to update any forward-looking information, except in
accordance with applicable securities laws.



SOURCE: Monument Mining Limited



For further information:

visit the company web site at http://www.monumentmining.com/">www.monumentmining.com or contact:

Nick Kohlmann, MMY Toronto T: +1-647-478-3594 [email protected] Richard Cushing, MMY Vancouver T: +1-604-638-1661 x102 [email protected] Wolfgang Seybold, Axino AG-Europe T: +49 711-2535-92 40 [email protected]

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