Capstone Mining Corp.

Measured & Indicated Resource of 10.4 million tonnes at a 3.7% Copper-Equivalent Grade⁽²⁾
Tables on Pages 6, 7 & 8 had Headings for Silver and Gold Switched in Error. Correct Versions Attached

VANCOUVER, BRITISH COLUMBIA - Capstone Mining Corp. (CS: TSX) today announced results of an independent NI43-101 compliant mineral resource estimate for the three known deposits that comprise the high grade Kutcho Copper Project in NW British Columbia. This update incorporates the 2008 drill intercepts that were designed to better define the high grade mineralization within the Main deposit and provides the basis for evaluating options for the optimal development of the Kutcho Copper Project, including smaller tonnage, lower cost options and consideration of both open pit and/or underground extraction.

Highlights of the resource estimates are tabulated below at a 1.5% copper cut-off for all three deposits combined, while those for the individual deposits are tabulated below at the same 1.5% copper cut-off. Data tables for each mineral resource estimate and the combined estimate for all three deposits at a range of copper cut-offs are attached. No determination has yet been made as to the appropriate cut-off to be used, which will depend on the development options selected.

Full News Release attached in PDF format: