Monument Mining Limited. reported production results for the second quarter ended December 31, 2011. The second quarter gold production was 11,736 ounces compared to 11,348 ounces for the same quarter in the previous fiscal year, an increase of 3%. The average realized price per ounce of gold sold was $1,652 this quarter compared to $1,391 for the corresponding quarter in the previous fiscal year, an increase of 19%. The average processing recovery rate was 95.3% for the three month period.