ORA BANDA MINING LTD — Board/Management Information 2008

Aug 4, 2008

ASX RELEASE

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1 August 2008

RESIGNATION OF DIRECTOR

Monarch Gold Mining Company Limited advises that Mr. John Davis has today resigned as a director of the Company.

Please find enclosed an Appendix 3Z on behalf of Mr. Davis.

For further information, please contact:

Bryan Hughes Pitcher Partners Tel: +61 (0) 9322-2022 PO Box 7191 Cloisters Square W.A. 6850

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Appendix 3Z Final Director’s Interest Notice

Rule 3.19A.3

Appendix 3Z

Final Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public. Introduced 30/9/2001.

Name of entity	Monarch Gold Mining Company Limited
ABN	69 100 038 266

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	John Maxwell Davis
Date of last notice	30 April 2008
Date that director ceased to be director	31 July 2008

Part 1 – Director’s relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Number & class of securities

Nil

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest Bond Street Custodians Limited – nominee holding on behalf of John Davis Super Fund. Sammy Pty Ltd – financial interest. Deborah Francis Davis – Spouse of Director.	Number & class of securities 83,334 ordinary fully paid shares 700,000 unlisted options (30.09.10) 1,000,000 unlisted options (31.12.10)

• See chapter 19 for defined terms.

Appendix 3Z Page 1

11/3/2002

Appendix 3Z Final Director’s Interest Notice

Part 3 – Director’s interests in contracts

Detail of contract	Nil
Nature of interest
Name of registered holder (if issued securities)
No. and class of securities to which interest relates

• See chapter 19 for defined terms.

Appendix 3Z Page 2

11/3/2002