Capstone Reports Expanded Copper-Gold Zones at Wildfire/Copper Keel, Minto Mine

Capstone Mining Corp.today announced assay results for twelve new holes from the Wildfire and Coppsingle impact crusher l t size appm 1822er Keel horizons at the Minto Mine.

Drilling results appear to be defining a thicker, shallower zone of copper mineralization (Wildfire) while, at the same time, extending deeper Copper Keel mineralization south and east, under the Wildfire zone. While moderate in grade, Capstone believes that Wildfire may be amenable to open pit mining, while the narrower Copper Keel mineralization may have potential for extraction by underground mining methods given its proximity to the proposed Area 2 underground mining area.

"The presence of multiple stacked mineralized copper-gold zones in the Wildfire area is encouraging," said Stephen Quin, President of Capstone. "Drilling is continuing with the objective of defining mineral resources at Wildfire and Copper Keel by year-end that are potentially extractable by open pitable and/or underground methods. Any such resources defined could be addressed in a supplement to the Phase V pre-feasibility study that is currently underway," he added.

As currently planned, the Phase V pre-feasibility study will incorporate mineral resources from Area 2, Minto North, Minto East and Ridgetop, with both surface and underground operations contemplated to be providing mill feed in parallel.

Wildfire / Copper Keel - Minto Mine

Additional drill roads over the Wildfire - Copper Keel area are now being constructed in order to facilitate the systematic evaluation of the Wildfire discovery and the underlying Copper Keel horizons, which have now been traced beneath the relatively shallow Wildfire mineralization. The two mineralized trends are stacked on top of each other, with the best grades at Copper Keel trending NNW-SSE, while those at Wildfire trend NNE-SSW. To date in 2010, Capstone has drilled 63 holes in the Copper Keel -- Wildfire -- Airstrip corridor. Prior to 2010, 40 holes were completed in this area.

A key objective for late 2010 is the production of a geological model and grade block model that ties all of the areas known mineralized areas south of the Minto Main pit together on multiple levels. This will not only facilitate estimation of mineral resources, but assist future exploration as mineralized trends are defined and gaps in drilling within certain mineralized horizons are identified.