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Additional Information
Market: OTCBB
Sector: General Mining - Gold
EPIC: BULM
Latest Price: $1.03  (5.10% Ascending)
52-week High: $0.00
52-week Low: $0.00
Market Cap: $40.40M
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Bullion Monarch Mining
www.bullionmm.com

Bullion Monarch Mining Inc. is a natural resource company that acquires mining properties to explore and develop.  Bullion’s goal is to see the properties produce through joint ventures, leases, or sales.  Bullion Monarch has recently undergone a reorganization and is now known as Bullion Monarch Mining, Inc.  The company’s new trading symbol is BULM. Bullion believes it has excellent mining properties in Northern Nevada and throughout the Western United States.  Newmont’s new, large Leeville underground mine and he East Ore Body Mine are currently producing royalty payments to Bullion. The company also acquired a 60% interest in EnShale, Inc. in 2005 (now 80%) in order to profit from the growing demand for oil by mining and processing oil shale into oil products. The Company currently has under lease 4,650 acres of oil shale property in the mahogany zone.

Full Bullion Monarch Mining profile here
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Bullion Monarch begins exploration plans for Niquelândia

10th Jun 2011, 7:26 pm by Brad Lemaire

Bullion Monarch Mining (OTCQB:BULM) announced Thursday that it has begun the recommended exploration plan for its recently acquired Niquelândia bauxite property in Goiás, Brazil, as outlined in an NI 43-101 compliant report.

The Niquelândia project represents the first aluminum project for Bullion Monarch, whose stock on the OTC was trading at $1.50 as of Thursday afternoon.

Bauxite is an aluminum ore, the demand for which has increased over 35% in the last decade. Geologists believe the bauxite deposit on the property may extend up to 25 kilometres in length, and up to five kilometres in width, the company said.

Previous exploration on the property returned surface samples of up to 61.8% aluminum oxide, above the cut-off grade for operating bauxite mines.

The two phase plan, which has a budget of $1.5 million, involves mapping, geophysical analysis and metallurgical sampling, followed by definition drilling, metallurgical analysis and resource calculation.

Reserve modeling will be performed based on the results of phase one and two, and will involve the assessment of mineability, and the economic feasibility of the Niquelândia project.

“The Niquelândia Property is an incredible opportunity for our company to gain a position in the very strong aluminum market," said president James A. Morris.

Bullion Monarch, based in St. George, Utah, also has several gold and copper projects in Oregon, Utah and Nevada.

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