SOURCE: Bullion Monarch Mining Inc.

September 21, 2010 09:00 ET

Bullion Monarch Mining Acquires La Reyna Property in Mexico

ST. GEORGE, UT--(Marketwire - September 21, 2010) -  Bullion Monarch Mining (OTCBB: BULM) announces the acquisition of the La Reyna project in the mineral rich Sierra Madre gold belt of Northern Mexico in the state of Chihuahua. This belt hosts multi-million ounce gold +/- silver deposits such as Ocampo, Dolores, Mulatos, and El Sauzal as well as the world class Tayoltita silver deposit. The property is located approximately 10 km north of El Sauzal mine.

The El Sauzal mine is owned and operated by NYSE listed gold producing major -- Goldcorp Inc. The mine has produced over 1,400,000 ounces of gold with very low operating cost making it a very profitable operation. Bullion Monarch Mining management, who were instrumental in the discovery of the Carlin Trend in Northern Nevada, believe that the surface geology, proximity to known deposits, and regionally low cost of production combine to make the La Reyna property a promising project.

Preliminary geochemistry indicates a large anomalous polymetalic altered zone with visible surface mineralization. Bullion Monarch management plans to begin phase 1 exploration including expanded geochemical and geophysical studies to define drill targets immediately.

Bullion Monarch signed an agreement to purchase 100% of the La Reyna property through a wholly owned Mexican subsidiary subject to a 2% net profit royalty on the project. The agreement also gives Bullion Monarch an option to purchase a second property, referred to as the San Antonio mine, until May 2012. "We are excited to have secured this key opportunity in what may become an important large-scale mining district," stated Don Morris, CEO and President. "We are well funded and look forward to initiating exploration on this property in this very prospective gold-silver district."

About Bullion Monarch Mining

Bullion Monarch Mining Inc. is a publicly traded, (OTCBB: BULM) gold-focused royalty company with additional interests in oil-shale technology and other assets. Bullion Monarch seeks to acquire existing mineral royalties or to finance mining projects that are in production or in development stage in exchange for royalty interests or a participating interest. The Company is engaged in a continual review of opportunities to create new royalties or participating interests through the financing of mine development or exploration, or to acquire companies that hold royalties. The majority of current revenues are derived from a high-quality royalty claim block located in Northeastern Nevada's Carlin Trend. Bullion Monarch also has an interest in various mineral assets in North and South America in the exploration and development stages, which have the potential to generate future royalty or other revenues. Bullion Monarch is also developing a process through its subsidiary, EnShale Inc. ("EnShale"), which it believes can extract the oil content from oil shale on a commercially reasonable and economically beneficial basis. Bullion Monarch management's goal is to establish a self-funded natural resource company focused on exploring for and developing world class gold opportunities. The company internally funds the oil shale technology subsidiary, EnShale Energy, as well as ongoing gold exploration projects. Their royalty portfolio generates high-margin free cash flow with lower exposure to operating and capital costs than operating companies. Bullion Monarch's portfolio also provides for direct leverage to commodity prices and the exploration potential of world-class ore deposits and mineral exploration trends where we have existing royalty interests. Visit the company website at for more information.

"Safe Harbor" Statement under Private Securities Litigation Reform Act of 1995.

Certain statements contained in this report constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Information contained in this report contains "forward-looking statements' which can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "should," "up to," "approximately," "seem," "likely," or "anticipates" or the negative thereof or given that the future results covered by such forward looking statements will be achieved. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only for the date the statements was made. Investors should carefully consider the preceding information as well as information contained in the Company's 10-KA-1 Annual Report before making any investment in the shares of the Company. The full 10-KA-1 filing referenced in this press release is available at or for complete information. Neither Bullion Monarch Mining, Inc. nor its subsidiaries, undertake any obligation to update any forward-looking statements contained in this press release. Historical results referred to before current QA/QC and sample security protocols were adopted should not be relied upon as to what potential resources exist on the property. This press release is for informational purposes only and is not and should not be construed as an offer to solicit, buy or sell any security.

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