SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

(Mark One)

[X]  Quarterly  report under Section 13 or 15(d) of the Securities  Exchange Act
     of 1934

For the quarterly period ended June 30, 1998

[ ]  Transition report under Section 13 or 15(d) of the Exchange Act

For the transition period from ________ to __________

Commission file number     33-15528-D

                            MONUMENT RESOURCES, INC.
                            ------------------------
        (Exact name of Small Business Issuer as Specified in its Charter)


          Colorado                                         84-1028449
          --------                                         ----------
(State of other jurisdiction                   (IRS Employer Identification No.)
of incorporation or organization)

        513 Wilcox Street, Suite 200, PO Box 1450, Castle Rock, CO 80104
        ----------------------------------------------------------------
           Address of Principal Executive Offices, Including Zip Code

                                 (303) 688-3993
                                 --------------
                (Issuer's telephone number, Including Area Code)

     Check  whether  the issuer (1) filed all  reports  required  to be filed by
Section 13 or 15(d) of the  Exchange  Act during the past 12 months (or for such
shorter period that the  registrant was required to file such reports),  and (2)
has been subject to such filing requirements for the past 90 days.

                                   Yes  X    No


     State the number of shares  outstanding of each of the issuer's  classes of
common equity,  as of the latest  practicable  date:  5,149,000 shares of common
stock were outstanding at August 13, 1998.

Traditional Small Business Disclosure Format (Check One):

                                   Yes  X     No


<PAGE>



                    MONUMENT RESOURCES, INC. AND SUBSIDIARIES
                                      INDEX



PART I.  FINANCIAL INFORMATION                                    Page Number

                  Consolidated Balance Sheets as of
                  June 30, 1998 and September 30, 1997                  3

                  Consolidated Statements of Operations
                  for the Three Months and Nine Months Ended
                  June 30, 1998 and 1997                                5

                  Consolidated Statements of Cash Flows
                  for the Nine Months Ended
                  June 30, 1998 and 1997                                6

                  Notes to Consolidated Financial Statements            7

                  Management's Discussion and Analysis
                  of Financial Condition and Results of Operations     10

PART II. OTHER INFORMATION                                             14

                                       2

<PAGE>



Item 1.   Financial Statements.

                    MONUMENT RESOURCES, INC. AND SUBSIDIARIES
                           CONSOLIDATED BALANCE SHEETS

                                     ASSETS

                                                      June 30,     September 30,
                                                        1998            1997
                                                      ---------      ----------

                                                     (Unaudited)     (Audited)
Current assets
     Cash                                             $   91,663     $   43,094
     Investment in securities                            316,095        452,018
     Accounts receivable                                  18,369         25,394
     Prepaid expense                                       3,337          9,579
                                                      ----------     ----------

Total current assets                                     429,464        530,085
                                                      ----------     ----------

Mineral properties                                       117,838         92,718
Proved and unproved oil and gas
     properties, successful efforts method,
     net of accumulated depletion                      1,647,599      1,667,006

Property and equipment
     Gas pipeline, net of accumulated
     depreciation                                        248,259        266,139
     Property and equipment, net of
        accumulated depreciation                          65,416         79,299
                                                      ----------     ----------

Net property and equipment                               313,675        345,438

Investment in securities, at market                      202,400        233,755
                                                      ----------     ----------

Total assets                                          $2,710,976     $2,869,002
                                                      ==========     ==========


                See notes to consolidated financial statements.


                                       3
<PAGE>


Item 1.   Financial Statements.  (Continued)

                    MONUMENT RESOURCES, INC. AND SUBSIDIARIES
                           CONSOLIDATED BALANCE SHEETS

                      LIABILITIES AND STOCKHOLDERS' EQUITY


                                                     June 30,      September 30,
                                                       1998             1997
                                                    -----------     -----------
                                                    (Unaudited)      (Audited)
Current liabilities
     Accounts payable and accrued expenses          $    12,518     $    30,987

                                                    -----------     -----------
Total current liabilities                                12,518          30,987
                                                    -----------     -----------

Stockholders' equity:
Preferred stock authorized
     1,000,000 shares; none issued
Common stock authorized
     10,000,000 shares; 6,149,000 issued
     and outstanding on September 30, 1997
     and 5,149,000 shares issued and
     outstanding on June 30, 1998                     3,187,210       3,297,210
Accumulated deficit                                    (708,758)       (686,540)
Unrealized gain on investment in securities             220,006         227,345
                                                    -----------     -----------

Total stockholders' equity                            2,698,458       2,838,015
                                                    -----------     -----------

Total liabilities and stockholders' equity          $ 2,710,976     $ 2,869,002
                                                    ===========     ===========




                 See notes to consolidated financial statements.

                                       4

<PAGE>
<TABLE>
<CAPTION>



Item 1.   Financial Statements.  (Continued)

                                    MONUMENT RESOURCES, INC. AND SUBSIDIARIES
                                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                                   (UNAUDITED)


                                               Three Months                               Nine Months
                                               Ended June 30,                            Ended June 30,
                                     --------------------------------          --------------------------------
                                         1998                 1997                 1998                 1997
Revenue                              --------------------------------          --------------------------------
<S>                                  <C>                  <C>                  <C>                  <C>        
     Oil and gas sales               $    37,581          $    51,133          $   138,264          $   105,656
     Pipeline income                      17,431               27,231               99,842              106,493
     Interest                              6,038               11,504               17,814               33,373
     Other                                  --                 10,250                3,119               10,500
     Gain on stock sale                     --                   --                 78,492                 --
                                     -----------          -----------          -----------          -----------           

             Total                        61,050              100,118              337,531              256,022
                                     -----------          -----------          -----------          -----------

Expenses
     Oil and gas operating
         expense                          23,233               36,953               79,161               62,431
     Pipeline operating expense           16,281               19,490               61,779               61,493
     Dry hole costs                       36,495                 --                 36,495               15,000
     General and administrative           32,327               40,958              125,314              134,058
     Depletion, depreciation and
         amortization                     19,000               18,569               57,000               58,282
                                     -----------          -----------          -----------          -----------


Total                                    127,336              115,970              359,749              331,264
                                     -----------          -----------          -----------          -----------

Net income (loss)                    $   (66,286)         $   (15,852)         $   (22,218)         $   (75,242)
                                     ===========          ===========          ===========          ===========

Net income (loss) per share                 (.01)                   *                    *                 (.01)
                                     -----------          -----------          -----------          -----------                    

Weighted average number
     of shares outstanding             5,149,000            7,626,330            5,273,543            7,453,690
                                     ===========          ===========          ===========          ===========


* "Less than $0.01 per share";  there is no difference between basic and primary earnings per share.




                                See notes to consolidated financial statements.

                                                       5
</TABLE>

<PAGE>



Item 1.   Financial Statements.  (Continued)

                    MONUMENT RESOURCES, INC. AND SUBSIDIARIES
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)


                                                      Nine Months Ended June 30,
                                                           1998          1997
                                                      --------------------------
Cash flows from operating activities:

Net  (loss)                                             $ (22,218)    $ (75,242)
Items not affecting cash:
    Depreciation, depletion and amortization               57,000        58,282
Changes in operating assets and liabilities:
    Increase investment in securities                        --         (28,437)
    Decrease in prepaid expense                             6,242         2,197
    Decrease (Increase) in accounts receivable              7,025        (8,151)
    (Decrease) Increase in accounts payable
       and accrued expenses                               (18,468)       67,368
Sale of stock                                             (78,492)         --
                                                        ---------     ---------

Cash flow from operations                                 (48,911)       16,017
                                                        ---------     ---------

Cash flows from investing activities:

Additions to securities held                              (16,562)         --
Proceeds from sale of stock                                78,492          --
Additions to oil and gas properties                        (5,830)      (57,305)
Additions to mineral properties                           (25,120)       (1,695)
Additions to vehicles and equipment                          --          (2,000)
Proceeds from investment bond sales                       176,500          --
                                                        ---------     ---------
Net cash flows from investing activities:                 207,480       (61,000)
                                                        ---------     ---------

Cash flows from financing activities:

Sale of common stock                                         --          15,000
Repurchase of common stock                               (110,000)     (250,000)
                                                        ---------     ---------
Net cash flows from financing activities                 (110,000)     (235,000)
                                                        ---------     ---------
Net Increase (decrease) in cash                            48,569      (279,983)

Cash at beginning of period                                43,094       329,677
                                                        ---------     ---------

Cash at end of period                                   $  91,663     $  49,694
                                                        =========     =========


                                        6

<PAGE>



Item 1.   Financial Statements.  (Continued)

                    MONUMENT RESOURCES, INC. AND SUBSIDIARIES
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1. GENERAL.
----------------

NATURE OF OPERATIONS

The Company is engaged in the  acquisition of mineral  prospects and oil and gas
properties.  The Company's mineral prospects are in Montana, Western Canada, and
Sweden.  The  Company's  oil and gas  properties  and areas of  interest  are in
Nebraska,  Kansas,  Ohio, and Texas. Much of the Company's  business has focused
primarily on brokering prospects, though in the past two years, it has acquired,
for its own account, oil and gas production in Nebraska, Kansas and Texas.

USE OF ESTIMATES

The Company  uses  estimates in the  preparation  of its  financial  statements,
primarily in the  determination  of depletion and in the realizable value of its
investments in securities.  Management  has  calculated  depletion  costs of its
producing  oil  properties  based  on  its  estimate  of  recoverable  reserves.
Management  has  estimated  the  realizable  market value of its  investment  in
securities (i.e.  Southern Africa Minerals  Corporation and Layfield  Resources,
Inc.)  based on the  trading  price of these  securities  on the  Toronto  Stock
Exchange and the Vancouver Stock Exchange, respectively.

CONCENTRATION OF CUSTOMERS

The Company's revenues and cash flow in the near term will come from the sale of
its investments in securities and product sales from its oil and gas properties.
The cash  realized  from the sale of securities is dependent on market prices on
relevant Canadian exchanges.  Revenues and cash from oil and gas operations will
likely be  concentrated in a few purchasers as well as the then market prices of
petroleum production.

The company sells its products to four customers.

                  Customer A = 80.32%
                  Customer B = 12.96%
                  Customer C = 2.83%
                  Customer D = 2.00%
                  Customer E = 1.89%

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The accompanying  unaudited,  condensed  consolidated  financial statements have
been  prepared  in  accordance  with Item 310 (b) of  Regulation  S-B and do not
include all of the  information  and  footnotes  required by generally  accepted
accounting  principles  for  complete  financial  statements.  In the opinion of
 

                                       7
<PAGE>


Item 1. Financial Statements. (Continued)

                    MONUMENT RESOURCES, INC. AND SUBSIDIARIES
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                   (Continued)

management,   all  adjustments  (consisting  of  normal  recurring  adjustments)
considered  necessary  for a fair  presentation  have been  included.  Operating
results for the period ended June 30, 1998 are not necessarily indicative of the
results  that may be expected  for the fiscal year ending  September  30,  1998.
These statements should be read in conjunction with the financial statements and
notes  thereto  included in Form 10-KSB for the fiscal year ended  September 30,
1997.

MINERAL PROPERTIES

Costs of acquiring,  exploring and developing  specific  mineral  properties are
capitalized on a property by property  basis until the  commercial  viability of
each property is determined.  If a property  reaches the production  stage,  the
related  capitalized  costs  will be  amortized,  using the units of  production
method on the basis of periodic estimates of ore reserves. Mining properties are
periodically assessed for impairment of value and any impairments are charged to
operations  at the time of  impairment.  Should a property be sold or abandoned,
its capitalized costs are charged to operations and gain or loss recognized.

OIL AND GAS PROPERTIES

The Company follows the successful  efforts method of accounting for its oil and
gas  activities.  Under  this  accounting  method,  costs  associated  with  the
acquisition,  drilling and equipping of successful  exploratory  and development
wells are  capitalized.  Geological  and  geophysical  costs,  delay rentals and
drilling  costs of  unsuccessful  exploratory  wells are  charged to expenses as
incurred.  Depletion and depreciation of the capitalized costs for producing oil
and gas properties are provided by the unit-of-production method based on proved
oil and gas  reserves.  Undeveloped  properties  are  periodically  assessed for
possible impairment due to unrecoverability of costs invested. Cash received for
partial  conveyances of property interests are treated as a recovery of cost and
no gain or loss is recognized.

PROPERTY, EQUIPMENT AND GAS PIPELINE

Depreciation  and amortization of property and equipment are expensed in amounts
sufficient to relate the expiring costs of depreciable assets to operations over
estimated service lives,  principally using the straight-line method.  Estimated
service  lives  range from three to eight  years.  The  Leavenworth,  Kansas gas
pipeline is being  amortized on a  units-of-gas  production  method based on the
production  of the gas wells  served by the  pipeline.  When  assets are sold or
otherwise disposed of, the cost of accumulated depreciation will be removed from
the accounts and any  resulting  gain or loss will be reflected in operations in
the period realized.


                                       8
<PAGE>



Item 1.   Financial Statements. (Continued)

                    MONUMENT RESOURCES, INC. AND SUBSIDIARIES
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                   (Continued)


NET INCOME (LOSS) PER COMMON SHARE

Net income  (loss) per common share is based on the weighted  average  number of
shares outstanding during the period.

ADOPTION OF STOCK BASED COMPENSATION PLAN

The Company utilizes APB 25 in accounting for its stock based compensation plan.
In January 1993, the Company adopted an employee stock based  compensation  plan
whereby certain key employees were granted stock options.  The exercise price of
the  option was  determined  at the date of the grant and  approximate  the fair
market value of the stock on that date.  Options were granted for 220,000 shares
of common stock on January 13, 1993 and are  exercisable at $.10 per share prior
to January 13, 1999.  At the  measurement  date of the stock option  grant,  the
exercisable  price of the  option  exceeded  the  discounted  bid  price  and no
employee compensation was recorded.

BASIC EARNINGS PER SHARE

The  Company  computes  earnings  per  share in  accordance  with  Statement  of
Financial  Accounting  Standard  No. 128. The Company has  presented  only basic
earnings  per share,  as it had no material  dilutive  potential  common  shares
outstanding  during 1997 or 1998.  Basic  earnings per share have been  computed
based on the weighted average number of shares outstanding.

YEAR 2000 ISSUE

The  Company  is aware of the issues  associated  with the  programming  code in
existing computer systems as the millenium (year 2000) approaches.  Accordingly,
as of June 30, 1998,  the Company has converted all of its computer  software to
accommodate the "year 2000" issue. The amount expensed in 1998 was immaterial.


                                       9
<PAGE>



Item 1.   Financial Statements. (Continued)

                    MONUMENT RESOURCES, INC. AND SUBSIDIARIES
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                   (Continued)



NOTE 2. INVESTMENT IN SECURITIES.
---------------------------------

Investments  in  securities  are  summarized  as  follows  at June 30,  1998 and
September 30, 1997:


                         Gross
                         Unrealized          Fair               Fair
                         Gain (Loss)         Value              Value
                         At June 30, 1998    At June 30, 1998   At Sept 30, 1997
                         ----------------    ----------------   ----------------

Common Stock                 (31,355)             202,400           $233,755
Debt Securities               24,015              316,095            452,018
                            --------             --------           --------
                              (7,340)             518,495            685,773
                            --------             --------           --------


Item 2.         MANAGEMENT'S  DISCUSSION AND ANALYSIS OF FINANCIAL 
                      CONDITION AND RESULTS OF OPERATIONS


LIQUIDITY AND CAPITAL RESOURCES

As of June 30,  1998,  the Company  had $91,663 in cash and  $416,946 in working
capital compared to $43,094 in cash and working capital of $499,098 at September
30, 1997. This represents an increase of $48,569 in cash and an $82,152 decrease
in working capital. The increase in cash and decrease working capital during the
nine months  ended June 30, 1998 were the net result of additions to mineral and
oil and gas  properties  of  approximately  $31,000,  the  repurchase of Company
common  stock for  $110,000,  a decrease in accounts  payable of $18,468 and net
proceeds  received from investment bond liquidation of  approximately  $176,500,
and  sales  of  stock of  Southern  Africa  Minerals  Corporation  and  Layfield
Resources,  Inc. totaling $78,500. The Company also incurred expenses of $36,500
in an unsuccessful attempt to develop an oil and gas property in Ohio.

At the present time,  the Company's  primary  source of cash for  operations and
exploration is its current working capital,  cash which can be raised by selling
shares  held  for  investment  or its  investment  in U.S.  government  treasury
securities and funds derived from its oil and gas operations. The Company has in
the past, and plans in the future,  to rely on joint venture  partners or equity


                                       10
<PAGE>



Item 2. Financial Statements.  (Continued)

                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS
                                   (Continued)

funding to supply most of the funds needed to evaluate  and develop  properties.
The  inability  of the  Company  to raise  additional  capital  through  a stock
offering,  to liquidate its  securities  holdings at favorable  prices or obtain
third party funding will limit  development  of its existing  properties and its
ability to acquire and develop other properties.

RESULTS OF OPERATIONS

Revenues from oil and gas sales increased  during the nine months ended June 30,
1998.  Oil and gas sales were $ 138,264 for the nine months  ended June 30, 1998
an increase of $32,608 or 31%.  However,  oil and gas sales for the three months
ended June 30,  1998 were  $37,581  compared to $51,133 a decrease of $13,552 or
27%. The nine month increase was due to the acquisition of additional  producing
gas wells in Kansas  during the last quarter of fiscal 1997,  which  resulted in
improved  production  rates  for the last  nine  months  ended  June  30,  1998.
Production increases of approximately 22,523 MCF (92,792 MCF compared to 70,269)
for the nine months  period ended June 30, 1998 were the primary  reason for the
increase in oil and gas  revenues.  Prices were  constant at $1.30 per MCF.  The
decrease in oil and gas sales for the three  months  ended June 30, 1998 was due
primarily to decreased volumes as a result of decreased demand for gas usage and
mechanical problems with the gas purchaser's pipeline.

Oil and gas operating expenses for the nine months ended June 30, 1998 increased
$16,730  (from  $62,431 to $79,161) an increase of 27% due primarily to workover
requirements  of the newly acquired  Kansas gas wells.  Operating  costs for the
three months ended June 30, 1998 and 1997 were $23,233 and $36,953 a decrease of
$13,720 or 37% due to reduced  workover  expenses  in 1998  compared to the same
period in 1997.

Pipeline income,  which represents Kansas gas sold by the Company's wholly owned
subsidiary,  COG Transmission  Corporation,  to third party purchasers increased
from  70,269 MCF for the nine  months  ended June 30, 1997 to 92,792 MCF for the
nine months ended July 30, 1998. However, pipeline revenue declined $6,651 or 6%
from  $106,493 to $99,842.  This decrease was caused by a decline in the average
price of gas sold of $.08 per MCF (from  $2.78/MCF to $2.70/MCF).  An offsetting
increase  in volumes  sold of 22,523  MCF,  from  70,269 MCF to 92,792  MCF,  of
approximately  32% minimized the impact of the price decrease.  Also,  beginning
January 1998, COG  Transmission no longer charged the Company and royalty owners
a  transportation  fee which  resulted  in a further  reduction  of  revenue  of
approximately  $15,000. Of the $15,000  transportation fee, approximately 80% or
$12,000 was charged to the Company and was eliminated in consolidations.


                                       11
<PAGE>



Item 2.    Financial Statements.  (Continued)

                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS
                                   (Continued)


General and  administrative  expense held fairly constant when comparing the two
nine month periods  ended June 30, but expenses  declined  approximately  21% or
$8,631 from $40,958 to $32,327 for the three months ended June 30, 1997 and June
30,  1998.  This  decline was due  primarily  to the  reduction  of office rent,
telephone, legal, and consulting fees for the three months ended June 30, 1998.

Interest income decreased by $15,559 to $17,814 during the quarter due primarily
to investment bond  liquidation  used to repurchase the Company's  common stock,
acquire  mining  property  and  test a gas  prospect  in  Ohio.  Oil and gas and
pipeline expense increased from $123,924 for the nine months ended June 30, 1998
to $140,940  for the nine months  ended June 30,  1998,  a 14%  increase  due to
workover expenses on the existing and newly acquired Kansas properties.

OIL AND GAS AND MINERALS ACTIVITIES

During the last half of fiscal 1997, the Company initiated a workover program on
its  Leavenworth,  Kansas  Gas  Project.  In  addition,  the  Company  purchased
approximately 18 additional gas wells with associated gas gathering and pipeline
system known as the  CAMCO/Heim  Acquisition.  The workovers and the  CAMCO/Heim
Acquisition  have  increased  the projects'  capable daily  production to nearly
500MCFPD.  The CAMCO/Heim Acquisition added over 379,000 MCF in proved reserves,
which should extend the economic life of the project.  Unfortunately,  lower gas
prices have somewhat  diminished the impact of the additional  production on the
Company's oil and gas income.

The  Company  drilled a first test well in June 1998 on a gas project it held in
Morgan County,  Ohio known as the Hackney  Project.  Based on the  disappointing
results  of the test well,  a decision  was made to  discontinue  the  project's
development  and  the  Company  reassigned  its  interest  in the  project.  The
Company's share of the expenses associated with this project was $36,495.

                                       12
<PAGE>



Item 2.    Financial Statements.  (Continued)

                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS
                                   (Continued)


In October  1997,  the Company  entered  into an  agreement to acquire a mineral
project in southern  Sweden.  The  agreement is with  Michael  Bromley-Challenor
d.b.a.  Geoforum  and covers over 8,000  hectares  (19,700  acres) of  permitted
lands. The properties consist of three exploration  permits issued by the Mining
Inspector  of Sweden  pursuant  to its Mineral Act and are valid for three years
from date of  issuance.  The Company has paid  $20,000 cash and will issue (upon
receipt of the appropriate  assignments)  50,000 shares of the Company's  common
stock to acquire a 70%  working  interest in the  project.  The  properties  are
prospective for shallow strata-controlled zinc, lead, minor precious metals, and
possible fluorite and barite deposits.  Exploration  procedures  anticipated are
geological,  geochemical,  and geophysical surveys, followed by sample drilling.
The area is  easily  accessible  by road and  power is  readily  available.  the
Company is currently  seeking an industry  partner to fund the  exploration  and
initial  development  of the project.  The Company and its agents have presented
the project to a few potential industry partners, which are currently evaluating
the project's potential.

STOCKHOLDERS' EQUITY

On April 1, 1997,  the  Company  repurchased  500,000  shares of its  restricted
common  stock for cash of $90,000  ($.18 per share) from  Powerhouse  Resources,
Inc.  On  June  20,  1997,  the  Company  repurchased  1,000,000  shares  of its
restricted  common stock for cash of $160,000 ($.16 per share) from  Powerhouse.
On November 3, 1997, the Company repurchased  1,000,000 shares of its restricted
common  stock  for cash of  $110,000  ($.11  per  share).  As of June 30,  1998,
Powerhouse  owned 500,000 shares or less than 10% of the Company's common stock.
These  purchases  have reduced the number of the  Company's  outstanding  common
shares from 7,649,000 to 5,149,000.

As of June 30, 1998,  the Company's  total  shareholders'  equity was $2,698,458
compared to $2,838,015  on September 30, 1997.  This decrease of $139,557 was in
part due to the decrease in value of investment securities of $7,339 as a result
of  fluctuations  in the market  value of the  Canadian  securities  held by the
Company.  The balance of the shareholder's  equity decrease was due to operating
losses of $22,218 and the repurchase of $110,000 of the Company's common stock.


                                       13
<PAGE>



                    MONUMENT RESOURCES, INC. AND SUBSIDIARIES
                           PART II - OTHER INFORMATION


ITEM 1.  LEGAL PROCEEDINGS

                  N/A

ITEM 2.  CHANGES IN SECURITIES

                  N/A

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

                  N/A

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

                  N/A

ITEM 5.  OTHER INFORMATION

                  N/A

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

          (a)     Exhibit  27  -  Financial   Data   Schedule   Filed   herewith
                  electronically.

          (b)     Reports on Form 8-K.  None.


                                       14
<PAGE>



                    MONUMENT RESOURCES, INC. AND SUBSIDIARIES

                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.


                                          MONUMENT RESOURCES, INC.
                                          (Registrant)


                                          By: /s/  A.G. Foust
                                             ------------------------------
                                             A.G. Foust
                                             President (Chief Executive Officer,
                                             Principal Financial and Accounting
                                             Officer) and a Director

                                       15