Monarca Minerals Reports Expansion of San Jose Exploration Area Based on Stream Sediment Pan Concentrate Sampling Program Results

Toronto, Ontario–(Newsfile Corp. – February 17, 2022) – Monarca Minerals, Inc. (TSXV: MMN) (“Monarca” or the “Company”) is pleased to announce positive results from a stream sediment pan concentrate sampling program within its mining concessions at the San José Project (“San José” or the “Project”) in Mexico. Numerous drainages show anomalous values of Au, As, Cu, Pb and Zn. Drainages with anomalous values extend approximately 8 km from near the northern limit of the concessions to the southern limit of the concessions.

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