SECURITIES AND EXCHANGE COMMISSION PRIVATE
                             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 March 31, 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 May 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
                March 31, 1998 and September 30, 1997                     3

                Consolidated Statements of Operations
                for the Six Months Ended
                March 31, 1998 and 1997                                   5

                Consolidated Statements of Cash Flows
                for the Six Months Ended
                March 31, 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

                                                        March 31,  September 30,
                                                           1998       1997
                                                       ----------- -------------
                                                       (Unaudited)    (Audited)
Current assets
        Cash                                            $   39,679    $   43,094
        Investment in securities                           335,388       452,018
        Accounts receivable                                105,674        25,394
        Prepaid expense 1,200                                9,579
                                                        ----------    ----------

Total current assets                                       481,941       530,085
                                                        ----------    ----------

Mineral properties                                         115,718        92,718
        Proved and unproved oil and gas
        properties, successful efforts method,
        net of accumulated depletion                     1,647,170     1,667,006

Property and equipment
        Gas pipeline, net of accumulated
        depreciation                                       254,219       266,139
        Property and equipment, net of
        accumulated depreciation                            78,599        79,299
                                                        ----------    ----------

Net property and equipment                                 332,818       345,438

Investment in securities, at market                        404,950       233,755
                                                        ----------    ----------

Total assets                                            $2,982,597    $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


                                                       March 31,   September 30,
                                                         1998          1997
                                                     -----------   -------------
                                                      (Unaudited)    (Audited)
Current liabilities
        Accounts payable and accrued expenses        $    21,013    $    30,987
                                                     -----------    -----------

Total current liabilities                                 21,013         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 March 31, 1998                          3,187,210      3,297,210
Accumulated deficit                                     (642,472)      (686,540)
  Unrealized gain on investment in securities            416,846        227,345
                                                     -----------    -----------

  Total stockholders' equity                           2,961,584      2,838,015
                                                     -----------    -----------

  Total liabilities and stockholders' equity         $ 2,982,597    $ 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                            Six Months
                                                   Ended March 31,                        Ended March 31,
                                               1998               1997               1998                1997
                                           -----------        -----------         -----------        -----------
Revenue
<S>                                        <C>                <C>                 <C>                <C>        
        Oil and gas sales                  $    45,893        $    35,943         $   100,683        $    54,523
        Pipeline income                         24,347             39,809              82,411             79,262
        Interest                                 6,697             11,195              11,776             21,869
        Other                                    1,025              9,454               3,119              9,454
        Gain on stock sale                      78,492               --                78,492               --
                                           -----------        -----------         -----------        -----------

                Total                          156,454             96,401             276,481            165,108
                                           -----------        -----------         -----------        -----------

Expenses
        Oil and gas operating
          expense                               23,948             22,079              55,928             25,478
        Pipeline operating expense              23,123             20,504              45,498             42,003
        Dry hole costs                            --               15,000                --               15,000
        General and administrative              42,972             55,550              92,987             93,100
        Depletion, depreciation and
          amortization                          19,000             21,218              38,000             39,713
                                           -----------        -----------         -----------        -----------

                Total                          109,043            134,351             232,413            215,294
                                           -----------        -----------         -----------        -----------

    Net income (loss)                      $    47,411        $   (37,950)        $    44,068        $   (50,186)
                                           ===========        ===========         ===========        ===========

Net income (loss) per share                       0.01                  *                0.01                  *
                                           -----------        -----------         -----------        -----------

Weighted average number
   of shares outstanding                     5,149,000          7,626,330           5,335,813          7,606,662
                                           ===========        ===========         ===========        ===========

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




See notes to consolidated financial statements.


                                       5
</TABLE>

<PAGE>
<TABLE>
<CAPTION>


 Item 1.         Financial Statements.  (Continued)

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


                                                                   Six Months Ended March 31,
                                                               1998                           1997
                                                            ----------------------------------------
Cash flows from operating activities:

<S>                                                         <C>                            <C>       
Net gain (loss)                                             $  44,068                      $ (50,186)
Items not affecting cash:
        Depreciation, depletion and amoritzation               38,000                         39,713
Changes in operating assets and liabilities:
        Decrease in prepaid expense                             8,380                          8,379
        Increase in accounts receivable (80,280)              (27,790)
        Decrease in accounts payable
                and accrued expenses                           (9,974)
Sale of stock                                                 (78,492)                          --
                                                            ---------                      ---------

  Net cash flow from operations                               (78,298)                       (77,184)
                                                            ---------                      ---------

Cash flows from investing activities:

Additions to securities held                                  (11,565)                       (17,573)
Proceeds from sale of stock                                    78,492                           --
Additions to oil and gas properties                            (8,544)                       (39,281)
Additions to mineral properties                               (20,000)                        (1,695)
Additions to vehicles and equipment                              --                           (2,000)
Proceeds from investment bond sales                           146,500                           --
                                                            ---------                      ---------

  Net cash flows from investing activities:                   184,883                        (60,549)

Cash flows from financing activities:

Sale of common stock                                             --                           15,000
  Repurchase of common stock                                 (110,000)                       (90,000)
                                                            ---------                      ---------
Net cash flows from financing activities                     (110,000)                       (75,000)
                                                            ---------                      ---------

Net decrease in cash                                           (3,415)                      (212,733)

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

Cash at end of period                                       $  39,679                      $ 116,944
                                                            =========                      =========



                                       6
</TABLE>

<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 = 75%
                     Customer B = 16%
                     Customer C = 6%
                     Customer D = 3%

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
management,   all  adjustments  (consisting  of  normal  recurring  adjustments)
considered  necessary  for a fair  presentation  have been  included.  Operating
results for the period ended March 31, 1998 are not  necessarily  indicative  of

                                       7

<PAGE>

Item 1. Financial
Statements. (Continued)

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

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 March 31, 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 March 31,  1998 and
September 30, 1997:


                           Gross
                           Unrealized          Fair             Fair
                           Gain                Value            Value
                           At March 31         At March 31      At September 30
                           -----------         -----------      ---------------

common stock               $  171,195          $  404,950         $  233,755
debt securities                18,305             335,387            452,018
                           ----------          ----------         ----------
                           $  189,500          $  740,337         $  685,773
                           ----------          ----------         ----------


Item 2.     MONUMENT RESOURCES, INC. AND SUBSIDIARIES MANAGEMENT'S DISCUSSION
            AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS


LIQUIDITY AND CAPITAL RESOURCES

As of March 31, 1998, the Company had a total of $39,679 in cash and $460,928 in
working  capital  compared to $43,094 in cash and working capital of $499,098 at
September 30, 1997.  This  represents a decrease of $3,415 in cash and a $38,170
decrease in working capital. The decrease in cash and working capital during the
six months  ended March 31, 1998 were the net result of additions to mineral and
oil and gas  properties  of  approximately  $28,500,  the  repurchase of Company
common  stock for the treasury of  $110,000,  a decrease in accounts  payable of
$9,974  and  net  proceeds   received  from  investment   bond   liquidation  of
approximately  $146,500, and sales of common investment stock of Southern Africa
Minerals Corporation and Layfield Resources, Inc. totaling $78,500.

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)

                   MONUMENT RESOURCES, INC. AND SUBSIDIARIES
                    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  its
properties.  Any inability of the Company to raise additional  capital through a
stock  offering,  to  liquidate  its  securities  holdings or obtain third party
funding may limit development of most of its properties.

The Company  continues to seek joint venture financing for its properties and to
acquire  properties with near term revenue generating  capability.  Management's
efforts to evaluate,  identify and/or acquire such revenue generating  prospects
and to further develop its exiting properties are ongoing.

RESULTS OF OPERATIONS

Revenues from oil and gas sales increased significantly during the three and six
months ended March 31, 1998.  Oil and gas sales were $100,683 for the six months
ended March 31, 1998 and  increase of $46,160 or 85%.  Oil and gas sales for the
three months  ended March 31, 1998 were $45,893  compared to $35,943 an increase
of  $9,950  or 28%.  The  increase  was  due to the  acquisition  of  additional
producing gas wells in Kansas during the last quarter of 1997, which resulted in
improved  production  rates for the last six  months.  Production  increases  of
approximately  26,000 MCF  (68,950  MCF  compared  to 42,780) for the six months
period were the primary reason for the increase in oil and gas revenues.  Prices
were constant at $1.30 per MCF.

Oil and gas operating  expenses  increased  $30,450 (from $25,478 to $55,928) an
increase of 120% due primarily to workover  requirements  of the newly  acquired
Kansas gas wells.  Operating costs for the three months ended March 31, 1998 and
1997 were comparable and constant.

Pipeline income,  which represents Kansas gas sold by the Company's wholly owned
subsidiary, COG Transmission Corporation,  to third party purchasers held fairly
constant  for the six months  ended March 31, 1998.  However,  pipeline  revenue
declined  $15,462 or 39% from $39,809 to $24,347.  This decrease was caused by a
decline  in the  average  price of gas sold of $.85 per MCF (from  $2.88/MCF  to
$2.03/MCF)  and a decrease  in volumes  sold of 15,914  MCF,  from 40,261 MCF to
24,347 MCF, a decrease of  approximately  40%.  This decrease in volume sold was
caused by a modification of the gas purchaser's pipeline,  which cut back on the
volumes the Company was able to sell.  Management  hopes to negotiate a solution
to this problem but there is no assurance that it will be able to do so.

General and  administrative  expense held fairly constant when comparing the two
six month periods  ended March 31, but expenses  declined  approximately  23% or





                                       11
<PAGE>


Item 2.             Financial Statements.  (Continued)

                   MONUMENT RESOURCES, INC. AND SUBSIDIARIES
                    MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                 FINANCIAL CONDITION AND RESULTS OF OPERATIONS
                                  (Continued)

$12,578  from  $55,550 to $42,972 for the three  months ended March 31, 1997 and
March 31,  1998.  This  decline was caused by  recording  certain  auditing  and
accounting fees during the first quarter of 1997 and recording  similar expenses
in the second quarter of 1998. Overall general and  administrative  expense were
comparable for the two periods.

Interest income decreased by $10,093 to $11,776 during the quarter due primarily
to investment bond  liquidation  used to repurchase the Company's  common stock.
Oil, gas and pipeline  expense  increased  from $67,481 for the six months ended
March 31,  1997 to  $101,426  for the six months  ended  March 31,  1998,  a 50%
increase  due to workover  expenses on the existing  and newly  acquired  Kansas
properties.

OIL AND GAS AND MINERALS ACTIVITIES

During the last half of 1997, the Company  initiated a major workover program on
its  Leavenworth,  Kansas  Gas  Project.  In  addition,  the  Company  purshased
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.

In June 1997,  the Company  entered  into an  agreement to acquire a 50% working
interest  in  approximately  4,600  acres of  prospective  Berea  formation  gas
reserves in Morgan County, Ohio, called the Hackney Project. The Company's share
of the acquisition cost was approximately  $20,000. The Company has the right to
participate in future  development of the area by drilling four wells within the
next 6 months;  and a minimum of five wells are  rquired to be drilled  for each
twelve month period thereafter until the entire project is completed.  The Berea
formation  covers much of eastern Ohio and western West  Virginia,  northeastern
Kentucky and northern Virginia.  This formation  historically has the capability
of  long-term  production  with an average  life of 40 years.  During the record
Quarter of 1998, the Company assumed  management of the project's Farmout Option
Agreement.  The Company plans to  participate  in the drilling of the first test
well in May 1998.  Based on the  results of this test well,  a decision  will be
made as to the drilling of the remaining  three wells which would be required to
continue the project's development  in 1998. Future development of this  project



                                       12
<PAGE>


Item 2. Financial Statements. (Continued)

                   MONUMENT RESOURCES, INC. AND SUBSIDIARIES
                    MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                 FINANCIAL CONDITION AND RESULTS OF OPERATIONS
                                  (Continued)


will depend on the results of the 1998 program.  Based on 20 acre  spacing,  the
project  could have  locations  for a large  number of wells  (100 to 200).  The
Company  plans to be  cautious in its  development  of this  project  should the
initial wells prove to be economical.

The Company has recently  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 with the government of Sweden
and are valid for  three  years  from date of  issuance.  The  Company  has paid
$20,000  cash and will issue  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.

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.  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 March 31, 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,
which has enhanced the shareholders earnings and equity per share.



                                       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