Monarca Minerals Inc. Reports Earnings Results for the Full Year Ended November 30, 2021

Monarca Minerals Inc. is a Canada-based company, which is engaged in the process of exploring and evaluating its exploration and evaluation property interests in Mexico. The Company’s projects include Tejamen, San Lucas, and San Jose. The San Jose Property is located in Chihuahua, Mexico near the United States border, approximately 125 kilometers (km) west of El Paso, Texas and Juarez, Chihuahua, Mexico. The property is also located over 52 km northwest of the underground Bismark Mine operated by Grupo Penoles. The Tejamen is located 130 km northwest of Durango, the capital of the State of Durango, and consists of 23 mineral concessions covering approximately 1,685 hectares. The San Lucas Property is located 86 km north of the city of Durango and accessed via a paved highway, consists of approximately eight mineral concessions covering 79.6 hectares. The San Lucas project consists of a series of northeast trending mineralized shear zones in volcanic and sedimentary rocks.