Three Claims Encompass potential Down Dip and Strike Extensions of High
Grade Mineralization
VANCOUVER, Sept. 8 /CNW/ - Capstone Mining Corp. (CS: TSX) today
announced that it and its wholly owned subsidiary, Capstone Gold SA de CV,
have entered into a definitive agreement with Golden Minerals Company
(AUM:TSX) of Golden Colorado whereby Capstone Gold will acquire three mineral
claims immediately adjacent to its Cozamin Mine in Zacatecas State, Mexico.
These three claims encompass potential down dip and strike extensions of the
mineral resources and mineral reserves in the principal San Roberto area of
the mine, as well as the down dip extension of the San Rafael area. The
mineral resources and mineral reserves for each of the San Roberto and San
Rafael areas are detailed in a news release dated June 1, 2009.
"The acquisition of these three mineral claims immediately adjacent to
the Cozamin Mine provides some immediate opportunities for the discovery and
definition of additional mineral resources and mineral reserves," said Stephen
P. Quin, President & COO of Capstone. "Given the proximity to some of the best
mineralization in the San Roberto deposit and the development currently in
process in that area, we will begin evaluating this potential shortly. The
potential of these claims to host down dip extensions of the San Rafael and
the San Roberto mineral resources is an added bonus that we will look to
evaluate going forward."
Mineral Claims Acquired
The three mineral claims acquired (San Francisco, Santa Rita and La
Esperanza) lie within Capstone Gold's current mineral holdings at the Cozamin
Mine and immediately north of the current mining areas. Because the principal
Mala Noche vein, which hosts all of the currently known mineral resources and
mineral reserves, dips north, the Mala Noche vein crosses on to these claims
below the current mineral resources and reserves. Sections identifying the
location of these claims relative to the existing mineralization can be
accessed on Capstone's website at
http://capstonemining.com/s/CozaminPhotos.asp.
Mineral Potential
Capstone Gold has drilled down to the boundary of the San Francisco and
Santa Rita in the San Roberto area of the Cozamin mine which hosts the
majority of the mineral resources and all of the mineral reserves contained in
the June 1, 2009 news release. There is potential for continued down dip
extensions of the San Roberto mineralization on to these two claims.