Monarca Minerals Inc. announced that it has completed an additional two drill holes at its San Jose Project. With the completion of two additional holes, a total of 2,089.4 m have been drilled. The average drilling rate is now about 90 m/day, drilling one shift/day. The drilling contractor, Layne Mexico, was on break during the last ten days of September. Drill holes SJ07 and SJ12 have been successfully completed - the two drill holes intersected exoskarn and/or endoskarn mineralization with sulfide minerals. The sulfide minerals observed were dominantly pyrite, with very fine grained dark sulfide minerals, which appear to be sphalerite and galena in some cases. Chalcopyrite was locally observed. The samples will be delivered to the laboratory sample preparation facility in Chihuahua, Mexico. SJ07: Drill hole SJ07, angled westerly at -60º, was drilled to 317.0 m. The drill hole intersected 134.1 m of endoskarn and four pyrite-rich (3-5%) silicified monzonite zones from 3.0 m to 12.2m long. The bottom 29.0 m intersected silicified granodiorite with strong potassic alteration (pink Kspar) and <1% molybdenite. SJ12: Drill hole SJ12, angled westerly at -60º, was drilled to a total depth of 342.9 m, targeting a strong IP anomaly in an area of altered monzonite and limestone outcrops, near the Shakira mine. The drill hole intersected 76.2 m of marble and exoskarn and 155.4 m of endoskarn. The skarn intercepts have about 1% pyrite and locally up to 1% galena, sphalerite and chalcopyrite.