Monster Mining Corp. (TSX VENTURE:MAN)(OTCQX:MMNGF) (the "Company") is pleased to report final results from its 2011 diamond drilling program at its flagship Keno-Lightning project located near Keno City, Yukon, adjacent to the east of Alexco Resources' operating Bellekeno silver mine. The Company completed 25 HQ3 and NQ3 diamond drill holes for 1819.3 m at its Caribou Hill and Homestake prospects. Highlights of the drilling program include Caribou Hill drill holes CH11-09 with 1.4 m of 1696 g/t Ag and 0.46 ppm Au from 15.5 m; CH 11-17 with 0.5 m of 1787 g/t Ag and 2.30 g/t Au from 22.9 m; and CH11-18 with 0.9 m of 1151 g/t Ag from 24.1 m and 1.6 m of 1183 g/t Ag from 34.7 m.

Robert Eadie, president and CEO, stated, "These highly promising drill results provide the geological team with strong prospective new targets for the next round of drilling at Keno-Lightning. Trenching results from the Homestake Zone, also reported in this release, show excellent potential as well, requiring further drilling."

Results of the Caribou Hill diamond drilling program, in conjunction with results of trench sampling and the airborne geophysical program means that Caribou Hill remains a high priority target for follow-up in 2012. The Homestake drilling program did not return any significant results; however, recoveries were generally poor at Homestake, averaging 74% throughout the program, and significantly less in vein and fault zones. The Company will be evaluating the drilling methods used in an effort to reduce significant core losses in future programs. Table 1 presents best results from the 2011 diamond drilling program.


Table 1: Highlights of 2011 Drilling Program at Caribou Hill

Hole ID     Prospect           From        To  Interval    Ag g/t    Au ppm
---------------------------------------------------------------------------
CH11-07     Caribou Hill       15.9      17.2       1.3       770          
CH11-08     Caribou Hill       13.4      14.8       1.4       493          
CH11-09     Caribou Hill       15.5      16.9       1.4    1696(i)   0.46(i)
CH11-10     Caribou Hill      35.21     35.84      0.63       447          
CH11-11     Caribou Hill       39.7      40.6       0.9       119   1.90(ii)
CH11-13     Caribou Hill       16.5      17.7       1.2       401          
CH11-15     Caribou Hill       13.5        15       1.5       116          
CH11-15     Caribou Hill       16.4      18.4         2       221          
CH11-16     Caribou Hill       11.4      13.4         2       352          
CH11-17     Caribou Hill       22.9      23.4       0.5      1787   2.30(ii)
CH11-18     Caribou Hill       24.1        25       0.9      1151          
CH11-18     Caribou Hill       34.7      36.3       1.6      1183          
CH11-20     Caribou Hill       22.5      23.5         1       380          
---------------------------------------------------------------------------
(i) Weighted Average
(ii) Values are g/t Au

The Company has also received the last of the results of a trench sampling program conducted at Keno-Lightning during the 2011 field season. Chip and panel samples from Homestake returned best results of 1 m x 1 m (panel) of 11.05 g/t Au, 0.35 m (chip) of 9.13 g/t Au, 0.35 m (chip) of 7.80 g/t Au and 0.5 m (chip) of 3.11 g/t Au from strongly oxidized arsenopyrite and scorodite-bearing brecciate quartz veins exposed in trench HS-TR01.

Previously reported results (press releases dated September 8th, 2011 and October 5th, 2011) include 3.3 m of 2332 g/t Ag, 1.38 g/t Au, 8.5% Pb and 1.1% Zn, 0.3 m of 1855 g/t Ag, 41.5% Pb and 530 ppm Zn, 0.4 m of 1026 g/t Ag, 0.62 ppm Au, 2.75% Pb and 6417 ppm Zn, and 0.7 m of 982 g/t Ag, 0.57 ppm Au, 9.33% Pb and 1.35% Zn from Caribou Hill.

Initial results from the Homestake trenching and sampling program returned 0.7 m of 1155 g/t Ag, 0.30 g/t Au, 6.27% Pb and 10.09% Zn and 0.35 m of 761.4 g/t Ag, 5.72% Pb and 1.50% Zn from oxidized and gossanous material exposed in Trench Tr04. Table 2 presents the best results from the 2011 trench sampling program.


Table 2: Highlights of trench sampling program at Homestake Zone

                                    Sample                                  
Pros-   Sample Loca- East-  North-   Width    Au     Ag    Pb    Zn  Re-    
pect    No     tion  ing    ing         (m) (ppm)  (ppm)   (%)   (%) leased 
----------------------------------------------------------------------------
Caribou 580003 TR-06 492801 7091187      2  0.26  454.1              8-Sep-
                                                                     11 
Caribou 580004 TR-06 492801 7091189    0.5  0.12  127.1  1.15        8-Sep-
                                                                     11 
Caribou 580011 CH    492796 7091079    0.4 0.616 1026(i) 2.75        8-Sep-
               TR08-                                                 11
               01                                                           
Caribou 580013 CH    492800 7091070    0.8 0.495  450.1  2.75        8-Sep- 
               TR08-                                                 11
               01                                                           
Caribou 580014 CH    492800 7091067    0.7 0.571  981.6  9.33  1.35  8-Sep-
               TR08-                                 (i)             11
               01                                                           
Caribou 580016 CH    492787 7091058    0.3 0.093 1855.7  41.5        8-Sep- 
               TR08-                                 (i)             11
               01                                                           
Caribou 580018 CH    492781 7091050    1.2 0.301  107.6              8-Sep-
               TR08-                                                 11
               01                                                           
Caribou 580022 CH    492781 7091053    1.5 0.028   96.5              8-Sep- 
               TR08-                                                 11
               01                                                           
Caribou 580024 CH    492795 7091038    1.7 1.676 3332.7 13.88  1.07  8-Sep-
               TR08-                                 (i)             11
               01                                                           
Caribou 580025 CH    492793 7091038    1.6 1.074 1268.4  2.76  1.12  8-Sep- 
               TR08-                                 (i)             11
               01                                                           
Caribou 580026 CH    492793 7091036    1.6 0.222  194.2  0.98        8-Sep- 
               TR08-                                                 11
               01                                                           
Caribou 580028 CH    492789 7091009    1.5 0.481  954.2  4.81  1.05  8-Sep- 
               TR08-                                                 11
               01                                                           
Caribou 580030 CH    492791 7090997    1.5 0.251    539  2.13  1.05  8-Sep- 
               TR08-                                                 11
               01                                                           
Caribou 580031 CH    492791 7091042    2.0 1.005 2953.1  8.11        5-Oct-
               TR08-                                 (i)             11
               01                                                           
Caribou 580032 CH    492796 7091028    0.5 0.344  109.3  2.19        5-Oct-
               TR08-                                                 11
               01                                                           
Caribou 580033 CH    492781 7090961    0.8 0.106  138.5  1.35        5-Oct-
               TR08-                                                 11
               01                                                           
Home-   580102 TR04  489780 7086838    1.1 0.052  283.6  1.41     2  5-Oct-
stake                                                (i)             11
Home-   580114 TR04  489840 7086856   0.35 0.056  761.4  5.72   1.5  5-Oct-
stake                                                (i)             11
Home-   580116 TR04  489844 7086857    0.4  0.07  227.9              5-Oct-
stake                                                (i)             11
Home-   580119 TR04  489852 7086866    0.7 0.295 1155.3  6.27 10.09  5-Oct-
stake                                                (i)             11
Home-   580128 TR01  489988 7086794    1x1 11.05   27.5  1.79        This
stake                                panel    (i)                    release
Home-   580129 TR01  489988 7086794   0.35 7.795  166.9 11.76  2.68  This
stake                                                                release
Home-   580132 TR01  489986 7086792   0.35 9.131   19.7  2.11        This
stake                                                                release
Home-   580134 TR01                    0.5 3.113   65.6        1.95  This
stake                                                                release
Home-   580137 TR05  490229 7086890    1.5 2.241   89.4  4.13        This
stake                                                                release
Home-   580138 TR05  490229 7086890   1.2x  0.13    1.7              This
stake                                  0.5                           release
                                     panel                                 
Home-   580139 TR05  490229 7086886    0.8 1.502   84.8  3.05        This
stake                                                                release
Home-   580148 TR    490206 7086876    1.5 1.137   36.4              This
stake          west                                                  release
               of
               TR05                                                    
----------------------------------------------------------------------------
(i) Values are g/t

Sampling Method, Quality Assurance and Quality Control, Chain of Custody and Data Verification

Drilling was completed with skid-mounted drills utilizing HQ3 (61.1 mm) and NQ3 (45.0 mm) diameter core. Diamond drill core was transported at the end of each shift to core logging and processing areas located at the camp. The core was logged, and select intervals were either split using a hydraulic splitter or sawn using a diamond saw, placed with their sample tag into a labeled plastic bag, then sealed and placed into a labeled rice bag for shipment. One half of the sample was submitted for analysis, the other half remains on site.

The rice bags were delivered by Monster Mining Corp. to Acme Analytical Laboratories' Whitehorse preparation facility, where they were crushed and pulped, then sent internally to Acme's Vancouver analytical facility for analysis. Sample security was maintained by Monster Mining Corp. personnel, under the supervision of the senior project geologist, from the drill to the preparation facility in Whitehorse, at which time sample security was assumed by Acme Analytical Laboratories Inc. The remaining core is stored in racks at the Homestake prospect.

Samples were submitted to the lab with standards, blanks and field duplicates to check for quality assurance and quality control at the laboratory. Quality control samples were inserted at regular intervals in every hole, and particularly after a vein zone to detect contamination. Both the Whitehorse preparation facility and the Vancouver analytical facility are ISO9001:2008 registered (Certificate No. FM 63007).

All samples were submitted to Acme Analytical Laboratories for analysis of Ag, Al, As, Au, B, Ba, Bi, Ca, Cd, Co, Cr, Cu, Fe, Ga, Hg, K, La, Mg, Mn, Mo, Na, Ni, P, Pb, S, Sb, Sc, Se, Sr, Te, Th, Ti, Tl, V, W and Zn using an aqua-regia (1:1:1 HCl-HNO3-H2O) digest and ICP-MS (inductively coupled plasma mass spectroscopy) analysis, on a 15 g sample (analytical method 1DX2). Samples returning greater than 500 ppb Au or greater than 100 ppm Ag were re-analyzed by fire assay with an atomic absorption (AA) finish. Laboratory-inserted blanks (analytical and method), standards and duplicates (pulp and preparation) verify internal quality assurance/quality control procedures. All analyses are reported as drilled intervals and should not be interpreted as true widths.

The Company's flagship Keno-Lightning project, which comprises 329 quartz claims for approximately 6,650 hectares, hosts eight known Yukon Minfile occurrences and is located in the historic Keno Hill silver district, which produced over 200 million ounces of silver between 1913 and 1989(1).

Joanna Ettlinger, PhD, P.Geo, MAusIMM(CP) is the Qualified Person under National Instrument 43-101 who has reviewed and approved the technical information contained in this news release.

(1) Cathro, R.J. 2006, Great Mining Camps of Canada 1.The History and Geology of the Keno Hill Silver Camp, Yukon Territory, Geoscience Canada, v. 33, p. 103-134

ON BEHALF OF THE BOARD

Robert Eadie, President, Chief Executive Officer and Director

Neither the 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.

Contacts: Monster Mining Corp. Robert Eadie President, Chief Executive Officer and Director 1-604-602-4935 1-604-602-4936 (FAX)info@monstermining.com www.monstermining.com

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