Capstone Mining strikes gold

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} Capstone Mining Corporation today announced assay results for 21 new exploration drill holes completed in areas south of the Minto open pit at its high grade Minto copper-gold mine in the Yukon.   Included in these results are data for all the remaining 15 holes from the Ridgetop deposit infill drilling, which continues to surprise to the upside, returning high copper grades and a high grade gold intercept in an area not previously known for high gold grades.   "The latest results continue to show that exploration at the Minto Mine can surprise to the upside," said Stephen Quin, President & COO of Capstone Mining. "Drill results from the Ridgetop deposit have yielded some excellent copper grades but also some unusually high gold grades. We plan to resume drilling for a significantly expanded 2009 program following the spring melt and, in the meantime, are awaiting the remaining results from the drilling completed to date."   The initial 2009 drill program is now complete with 14,966m of drilling in 86 holes, 3,500m more drilling than originally planned as a result of the encouraging results from the discovery at Minto North.   A second phase of drilling will start after spring breakup and includes an additional 9,000m of drilling to infill and further test the limits of the 2009 discovery at Minto North, as well as to test several other prospective magnetic targets near Minto North. The total of 24,000m of drilling represents a significantly expanded exploration program over the initial 2009 plan.   The objective of the expanded program is twofold: (1) to support a National Instrument 43-101 mineral resource estimation for Minto North before year-end and (2) to explore for new deposits in the area of the Minto North discovery.   *┬á┬á┬á┬á┬á┬á┬á┬á┬á *┬á┬á┬á┬á┬á┬á┬á┬á┬á *