Monumental Minerals Corp. Announces Dr. Jamil Sader to the Board of Directors

VANCOUVER, Dec. 1, 2021 - Monumental Minerals Corp. ("Monumental" or the "Company") (TSXV: MNRL) is pleased to announce the appointment of Dr. Jamil Sader to the board of directors to assist with the exploration and drill target definition of the Jemi heavy rare earth element (HREE) Project located in Coahuila, Mexico, about 40 km south of the Texas, USA border.

Dr. Jamil Sader obtained his Ph.D. in geochemistry from the University of Ottawa. He has over 20 years of experience in the mineral resource industry and has held international senior technical and management positions at MMG Resources, Anglo American, and Bureau Veritas Minerals. His extensive experience, from field geologist to senior management, has provided him a deep technical understanding across many facets of base, precious, and critical metals, and an extensive global network of geoscience professionals. Dr. Sader is currently President of MineScience Advisors.

Todd Macdonald, CEO of Monumental Minerals comments: "With the recent appointment of a very senior advisory board and today's announcement adding Dr. Sader to the board of directors, Monumental Minerals now has the technical expertise required for this type of project and we are pleased to have some top individuals in the space show such interest in this drill permitted Heavy Rare Earth project."

Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a Director of the Company and a "Qualified Person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

About Monumental Minerals Corp.: Monumental Minerals Corp. is a mineral exploration company focused on the acquisition, exploration, and development of mineral resource properties in the critical and electric metals sector. The Company's flagship asset is the Jemi HREE project located in Coahuila, Mexico near the Texas, USA border which the company has an option to own 100% of the 3,650-hectare project with additional acreage pending. The Company has an option to acquire a 100% interest and title to the Weyman property located in the Kamloops and Nicola Mining Divisions and in the Thompson Nicola Regional District, British Columbia.

On behalf of the Board of Directors,

/s/ "Todd Macdonald"
Todd Macdonald Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward Looking Information

This news release contains "forward-looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, advancing the Jemi project and completing exploration work on the project, other statements relating to the technical, financial and business prospects of the Company, its projects and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner and that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses and those other risks filed under the Company's profile on SEDAR at www.sedar.com. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, failure to secure personnel and equipment for work programs, adverse weather and climate conditions, failure to maintain all necessary government permits, approvals and authorizations, the impact of Covid-19 or other viruses and diseases on the Company's ability to operate, decrease in the price of rare earth elements and other metals, failure to maintain community acceptance, increase in costs and litigation. The Company does not undertake to update forward-looking statements or forward-looking information, except as required by law.

SOURCE Monumental Minerals Corp.