AUDITORS’ REPORT  TO THE SHAREHOLDERS OF MONUMENT MINING LIMITED  We have audited the consolidated balance sheets of Monument Mining Limited as at June 30, 2010 and 2009 and the  consolidated statements of operations and deficit and cash flows for the years then ended. These financial statements are the  responsibility of the Company’s management. Our responsibility is to express an opinion on these financial statements based  on our audits.  We conducted our audits in accordance with Canadian generally accepted auditing standards. Those standards require that we  plan and perform an audit to obtain reasonable assurance whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An  audit also includes assessing the accounting principles used and significant estimates made by management, as well as  evaluating the overall financial statement presentation.  In our opinion, these consolidated financial statements present fairly, in all material respects, the financial position of the  Company as at June 30, 2010 and 2009 and the results of its operations and its cash flows for the years then ended in  accordance with Canadian generally accepted accounting principles.  “Smythe Ratcliffe LLP” (signed)  Chartered Accountants  Vancouver, Canada  September 21, 2010 