Press Releases

Bullion Monarch Mining Reports Increased Royalty Expectations from Leeville Property

Orem, Utah – January 7, 2010

Bullion Monarch Mining Inc. (OTCBB: BULM) is pleased to announce increased gold production estimates from Newmont Mining’s Leeville Mine. Bullion Monarch Mining is collecting a 1% GSR royalty from Newmont operations in an area which includes current production from Leeville.

A recent investor info release from Newmont states that Leeville-Turf complex ore bodies are more continuous and thicker than originally modeled, providing exploration upside. Newmont has focused exploration on defining total upside and evaluating optimal haul, hoist infrastructure at Leeville to optimize asset. Newmont is also aggressively drilling the broader complex from surface and underground including almost 23,000 meters of underground drilling, 14,000 meters of surface drilling, and four access drifts of approximately 1,300 meters.

As reported by the Mining Quarterly, Mine Manager Joe Driscoll said, "we’ve got a mine life of at least ten years plus, and I am cautiously optimistic we have good news on the exploration. We’re exploring the heck out of the place. Leeville is shooting for 500,000 ounces of gold production this year, up roughly 13,000 ounces over last year to set a record for the mine."

Exploration drilling is targeting both the Turf and Four Corners deposits, and rigs are working both underground and on the surface on the complex of deposits that includes the West Leeville deposit now being mined. The surface drilling started in August "just to see what the magnitude of the Leeville Complex will be," said chief geologist Sean McCann. "The rigs are ringing a halo around the deposit."

Results of underground drilling at Turf have been "significantly better than expected," he also said. Drilling at Leeville found roughly 1.5 million ounces of gold in 2008, he added, Leeville has been in full production roughly two years.

Bullion Monarch Mining CEO R. Don Morris stated, "These results confirm our expectations that Bullion Monarch’s royalty position at Leeville will continue to provide us with a stable and long-term revenue stream for exploration and development of our other promising mining projects".

Bullion Monarch Mining, Inc. (www.bullionmm.com) is a publicly traded (OTCBB:BULM) natural resource development and royalty company with interests in gold, silver and oil shale.

Investor Contact Information
Rob Morris
robmorris@bullionmm.com
(801) 426-8111

Media Contact Information
AJ Sterling Consulting
info@bullionmm.com
(435) 669-3855

"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 include statement with respect to Bullion monarch mining’s exploration programs and plans and can be identified by the use of forward- looking terminology such as "believe", "expect", "may", "should", "up to", "approximately", "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 report before making any investment in the shares of the company. Bullion Monarch Mining, Inc. undertakes no obligation to update any forward-looking statements contained in this report. 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.

Bullion Monarch Mining Releases Preliminary Exploration Results From the Bom Jesus Project in Brazil

Orem, Utah – December16, 2009

Bullion Monarch Mining Inc. (OTCBB: BULM) reports encouraging preliminary exploration results on the Bom Jesus Gold project in Brazil. Under a JV agreement with Dourave Mining and Exploration, Inc., Bullion Monarch has earned a 33.3% interest in two gold mining properties including Bom Jesus by investing USD $2 million for exploration of these properties located in the Para region of Brazil. The following summarizes results from the geologic work done on the property to date:

The Bom Jesus property consisting of veins of extremely high grade gold is discovered and developed in 1982-83. From 1993 to 1999 the owner (private individual) produced 12,860 oz(400 kg) of gold in the first 70 days of operation using only hand labor and rudimentary methods.
A multiple vein system was identified with 32 parallel veins.
Detailed geological mapping, geochemical sampling, a helicopter borne electromagnetic (EM) and aeromagnetic survey had been conducted.
The MMI (Mobile Metal Ion) geochemical survey defined an anomalous mineralized zone approximately 3.0 kilometers (10,000 ft) long by 600 meters (1,968 ft) wide.
A 1,120 meter initial drilling program intercepted and defined the vein systems over a strike length of approximately 700 meters (2,297 ft) at depths of up to 100 meters (328 ft) with the main vein intercepted across 4 meters(23ft).
In late 2008 geochemical surveys were extended to cover additional targets. A 47.7 kilometer (156,496 ft) induced polarization survey was completed. This confirmed an existence of multiple, large IP conductors in an area that is over 2 km (6,562 ft) in length, 500 meters (1,640 ft) in width, and over 200 meters (650 ft) deep. The veins appear to be part of a larger mineralized system with lower grade disseminated mineralization at depth with extensive associated hydrothermal alteration.

Notable results are detailed below:

Rock and Channel Sampling

BJ-R-05: 128g/t Au; 18g/t Ag;
BJ-R-10: 1.97g/t Au;
BJ-R-13: 424g/t Au; 33g/t Ag;
BJ-R-23: 2.42g/t Au; 12g/t Ag;
BJ-R-28: 2.16g/t Au;
BJ-R-32: 1.36g/t Au;
BJ-R-38: 387g/t Au; 47g/t Ag;
BJ-R-47: 41.3g/t Au; 11g/t Ag;
BJ-R-51: 2.20g/t;
BJ-R-2 (over 0.3m): 83.9g/t Au; 12g/t Ag;

Shaft 6 BJ-R-67: length .50m; 1.27g/t Au;
Shaft 7 BJ-R-65: length .25m; 2.04g/t Au;
Shaft 7 BJ-R-66: length .45m; 83.45g/t Au;
Shaft 8 BJ-R-73: length .55m; 34.49g/t Au;
Shaft 9 BJ-R-69: length .60m; 6.16g/t Au;
Shaft 9 BJ-R-70: length .80m; 6.20g/t Au;
Shaft 9 BJ-R-71: length .80m; 19.83g/t Au;
Shaft 11 BJ-R-91: length .30m; 139.69g/t Au;
Shaft 13 BJ-R-93: length 1.55m; 32.08g/t Au;
Shaft 14 BJ-R-62: length .40m; 2.53g/t Au;
Shaft 14 BJ-R-63: length .60m; 1.53g/t Au;
Shaft 15 BJ-R-56: length .36m; 37.20g/t Au;
Shaft 17 BJ-R-75: length .60m; 315.04g/t Au;
Shaft 17 BJ-R-77: length .20m; 23.74g/t Au;
Shaft 17 BJ-R-79: length .65m; 2.08g/t Au;
Shaft 19 BJ-R-82: length .30m; .91g/t Au;
Shaft 19 BJ-R-83: length .20m; 301.83g/t Au;
Shaft 19 BJ-R-84: length .35m; 2.11g/t Au;
Shaft 22 BJ-R-89: length .35m; 52.67g/t Au;

Notable Drill Results:

Drillhole FBJ-01: depth 70m; intersection 0.77m; 5.01g/t Au;
Drillhole FBJ-02: depth 100m; intersection 2.90m; 1.69g/t Au;
Drillhole FBJ-02: intersection 0.90m; 3.54g/t Au;
Drillhole FBJ-05: intersection 0.74m; 0.237g/t Au;
Drillhole FBJ-06: intersection 0.59m; 1.27g/t Au;
Drillhole FBJ-06: intersection 0.50m; 0.302g/t Au;
Drillhole FBJ-06: intersection 1.45m; 0.334g/t Au;
Drillhole FBJ-04: intersection 11.44m; 1.4g/t Au;
Drillhole FBJ-04: intersection 0.96m; 9.73g/t Au;
Drillhole FBJ-07: intersection 1.55m; 12.58g/t Au;
Drillhole FBJ-07: intersection 0.50m; 19.2g/t Au;
Drillhole FBJ-07: depth 70m; intersection 1.21m; 9.4g/t Au;
Drillhole FBJ-07: intersection 0.68m; 10.3g/t Au;

A recent, detailed, induced polarization (IP) survey has been completed and a 2,500 – 3,000 meter, seven hole, diamond drill program will begin in early 2010. Both shallow and deep reserves will be targeted.

Bom Jesus is a highly prospective target for large systems of hydrothermal alteration with disseminated sulphides in a complex alteration assemblage with final stage gold enrichment. There are highly prospective targets for large volume, lower grade, disseminated sulphide deposits with the potential for higher grade zones associated with structures and breccias. The primary targets are large potential ore conductors at depth, associated with the high grade surface veins.

Bullion Monarch Mining management is more than encouraged from the exploration results of the Bom Jesus property. The high grade surface sampling, the underground vein samples, the strong geophysical and geochemical anomalies as well as diamond drill results validate the cash investment in the property and give management a strong belief in the development of Bom Jesus.

Bullion Monarch Mining, Inc. (www.bullionmm.com) is a publicly traded (OTCBB:BULM) natural resource development and royalty company with interests in gold, silver and oil shale.

Investor Contact Information
Rob Morris
robmorris@bullionmm.com
(801) 426-8111

Media Contact Information
AJ Sterling Consulting
info@bullionmm.com
(435) 669-3855

Bullion Monarch Announces the Appointment of John DeMara to the Board and Updates Progress in Royalty Litigation against Newmont and Barrick

Orem, Utah - November 19, 2009

Bullion Monarch Mining Inc. (OTCBB: BULM) announces the appointment of John DeMara to their Board of Directors. In compliance with provisions of the Sarbanes/Oxley Act of 2002, Mr. DeMara will serve as an outside director on Bullion Monarch’s Board and will also be appointed a member of the audit committee.

John DeMara holds a Master’s of Accounting from Brigham Young University and has over 12 years of corporate accounting experience with Deloitte & Touche, LLP Tax Consulting and Advisory Services in San Francisco. In addition to being a CPA, Mr. DeMara is a member of the Society of Petroleum Accountants and has experience serving the energy development industry.

Additionally, in an unrelated matter Bullion Monarch announces that in accordance with attorney recommendations it has agreed to separate the claims in its lawsuit against Newmont USA Ltd., a subsidiary of Newmont Mining Corporation, and Barrick Gold Corporation, concerning unpaid royalties arising from the Carlin Trend. The discovery and litigation against Newmont will continue to proceed first, followed closely by prosecution of Bullion Monarch’s claims against Barrick.

"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", "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 report before making any investment in the shares of the company. Bullion Monarch Mining, Inc. undertakes no obligation to update any forward-looking statements contained in this report. 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.

Bullion Monarch Mining Announces Record Second Quarter Revenue

Orem, Utah – November 10, 2009

Bullion Monarch Mining Inc.(OTCBB: BULM) is pleased to announce record quarterly revenue of $1,446,040 for its second quarter ended October 31, 2009 compared to $863,440 for the second quarter of 2008. The results mark a 67% increase in revenues for the second quarter of 2009 over the second quarter of 2008.

The revenue result is primarily attributable to an increase in production at Newmont Mining Corporation's Leeville mine where Bullion Monarch Mining holds a royalty. Bullion Monarch's President Don Morris stated, "We are fortunate to be in the enviable position of benefiting from both Newmont’s production increase and record gold prices. These revenues have allowed us to remain virtually debt free while investing in property, technology and exploration on other promising projects."

Bullion Monarch Mining, Inc. (www.bullionmm.com) is a publicly traded (OTCBB:BULM) natural resource company with mining interests in gold, silver and oil shale.

"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", "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 report before making any investment in the shares of the company. Bullion Monarch Mining, Inc. undertakes no obligation to update any forward-looking statements contained in this report. 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.

Investor Contact Information
Rob Morris
Bullion Monarch Mining
robmorris@bullionmm.com
(801) 426-8111

Press Contact Information
Joseph M. Morris
AJ Sterling Consulting
ajsterling@myway.com
435-669-3855

EnShale Inc. appoints interim CEO

Orem, Utah October 23, 2009

EnShale Inc., an 80% owned subsidiary of Bullion Monarch Mining Inc. (OTCBB:BULM), is a shale oil development and technology company. Bullion Monarch Mining Inc. has accepted the resignation of Rex L. Franson as CEO of EnShale and from the board of Bullion Monarch Mining. Bullion Monarch Mining’s CEO R. Don Morris stated, "We appreciate Mr. Franson’s contributions to the company and recognize the progress EnShale has made during his tenure." The company now has a patent pending oil shale extraction process, a significant oil shale land position and a recently constructed preproduction facility.

Parent company Bullion Monarch Mining has appointed their Chairman of the Board, James A. Morris as interim CEO of EnShale while an executive search committee finds a permanent replacement.

Bullion Monarch Mining Posts Record Profit for FY 2009

MONDAY , AUGUST 17, 2009 09:05 AM

OREM, Utah, Aug 17, 2009 (BUSINESS WIRE) -- Bullion Monarch Mining Inc. (OTCBB:BULM) is a fully reporting, publicly traded, natural resource development company with current interests in Gold and Oil Shale. The Company continues its impressive growth with revenues for fiscal year 2009 increasing approximately 40% over 2008, which equates to earnings of approximately $.04 per share. Bullion Monarch also increased net income 210% to $1,679,292 compared to the $541,485 in 2008.

President / CEO R. Don Morris is quoted as saying, "I am incredibly proud that we increased our net income while acquiring new property positions and self-financing the construction of EnShale's oil shale production pilot plant. Bullion Monarch Mining has also achieved 12 consecutive quarters of profitability while continuing to be virtually debt free, which must give our shareholders a real sense of security in this volatile financial climate."

Bullion Monarch's largest revenue source continues to be from a 1% royalty from Newmont Mining's Leeville/East Ore mine located in Northern Nevada's legendary Carlin Trend.

Bullion also decreased liabilities approximately 29% in fiscal 2009. Total expenses in fiscal year 2009 also decreased due in part to 34% less R&D expenses associated with Bullion's 80% owned subsidiary, EnShale Inc., by moving from the process and patent development stage to the plant construction phase.

Follow the link to see the latest financial filings for Bullion Monarch Mining Inc. http://www.sec.gov/cgi-bin/browse-idea?filenum=001-03896&action=getcompany. For more information regarding Bullion Monarch Mining (OTC:BULM) visit their website www.bullionmm.com or contact Robert at (801)426-8111.

Forward Looking Statements

Any forward-looking statements in this press release are made pursuant to the "safe harbor" provisions of the Private Securities Reform Act of 1995. Investors are cautioned that such forward looking statements involve risks and uncertainties detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission.

SOURCE: Bullion Monarch Mining Inc.

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