SOURCE: Bullion Monarch Mining Inc.

December 17, 2010 08:45 ET

Bullion Monarch Mining Inc. Continues Profitability

ST. GEORGE, UT--(Marketwire - December 17, 2010) - Bullion Monarch Mining Inc. (OTCBB: BULM) (OTCQB: BULM) (FRANKFURT: BMJ), a precious metals royalty and resource development company, is pleased to announce another profitable quarter which ended October 31, 2010. The full 10Q filing can be found by visiting the company website This result is expected to be in line with full year guidance.

Bullion Monarch continues to strategically invest in mineral properties. During the quarter Bullion Monarch commenced exploration on its recently acquired La Reyna property in Chihuahua, Mexico. Rock chip and soil sampling is presently underway.

Progress also continues on the previously announced plans to obtain several gold targets in Brazil through its intended purchase of Dourave, a private Canadian company. Specific property information and exploration plans will be released publicly once the agreements have been finalized. Bullion Monarch initiated an extensive stream sediment survey on the Bom Jesus property, as a continuation of ongoing exploration to help identify additional drill targets.

CEO R. Don Morris states, "With record high gold prices, the Company is extremely excited to have high quality exploration targets, and the capital to develop them. Bullion Monarch remains profitable, debt free and continues to grow the assets of the Company by investing in exciting gold exploration projects from cash flow. We are also enthused about recent investments in human assets to increase the expertise of our financial management, and exploration teams."

About Bullion Monarch Mining

Bullion Monarch Mining Inc. is a publicly traded (OTCBB: BULM) (FRANKFURT: BMJ) gold-focused royalty company with additional interests in oil-shale technology. The Company is engaged in a continual review of opportunities to create growth through developing new royalties or participating interests by financing mine development or exploration. The majority of current royalty revenues are derived from a high-quality claim block located in Northeastern Nevada's Carlin Trend. Bullion Monarch's portfolio provides for direct leverage to commodity prices as well as the exploration potential of world-class ore deposits. 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 Form 10 Registration Statement before making any investment in the shares of the Company. The full Form 10 Registration Statement 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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