BULLION MONARCH MINING INC. CONTINUES TO EARN RECORD REVENUES

Orem, Utah – March 16, 2010

Bullion Monarch Mining Inc. (otcbb:bulm), a precious metals royalty and resource development company based in the United States, is pleased to again announce record quarterly revenue of $1,501,769 for the company's third quarter ended January 31, 2010. This substantial boost in revenue is the result of increased production both in grade and volume by Newmont Mining in the prolific Northeast Nevada Carlin Trend. This represents a year over year quarterly revenue increase of approximately 49% and quarterly earnings of about USD $0.01 per share.

Newmont Mining's declaration of increased exploration and development in areas where Bullion Monarch Mining holds royalty interests, confirms the company's internal position of growing royalty revenues from the area over the long term. Newmont Mining has recently announced an expanded mine life of the Leeville mine of at least 10 more years. In addition, Newmont continues to invest in expanding exploration efforts around the Turf and Leeville deposits. Two other promising projects that are located within Bullion Monarch Mining's core royalty area, the Four Corners deposit and the North Lantern deposit, are also being developed by Newmont and could add to the company's revenue stream.

President and CEO R. Don Morris states, “Bullion Monarch remains profitable, debt free and continues to invest in mining projects from cash flow in order to avoid dilution of shareholder equity. We have never been more confident about the long-term stability or future growth potential of this company.”

Bullion Monarch Mining, Inc. is a publicly traded (OTCBB:BULM) natural resource company with mining interests in gold, silver and oil shale. Visit website www.bullionmm.com for additional company information including all financial filings.