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Capstone Mining Reports Financial Results for Pivotal Year

February 20, 2014

(All amounts in US$ unless otherwise specified)

Vancouver, British Columbia – Capstone Mining Corp. (“Capstone”) (TSX: CS) today announced its financial results for the year ended December 31, 2013. Capstone posted a net loss for 2013 of $9.4 million. Operating cash flow before changes in working capital(1) was $85.5 million. Capstone ended the year with cash on hand of $104.0 million. Copper production for the year at Capstone’s three operating mines, Pinto Valley (82 days of ownership), Cozamin and Minto, totalled 113.8 million pounds of copper in concentrates and cathode (109.6 million pounds of payable copper) at a C1 cash cost(1) of $1.72 per payable pound of copper produced.

Capstone will hold a conference call and webcast on Friday, February 21, 2013 at 9:30 am Eastern Time (6:30 am Pacific Time) to discuss these results; call-in details are provided at the end of this release. This release should be read in conjunction with Capstone’s unaudited condensed interim consolidated financial statements and management’s discussion and analysis (“MD&A”) for the year ended December 31, 2013, which are available on Capstone’s website at: and on SEDAR. An updated corporate presentation, including results to December 31, 2013, will also be available at

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