Constitution Mining Corp.
OTC Bulletin Board : CMIN

January 14, 2010 09:00 ET

Constitution Mining Announces Management Realignment

LIMA, PERU--(Marketwire - Jan. 14, 2010) - Constitution Mining Corp. (OTCBB:CMIN) announces that its Board of Directors has elected Alois Wiget to be Chairman of the Board and has appointed Dr. Michael Stocker as the Company's President and Chief Executive Officer and Gary Artmont as Vice-President for Exploration. All three individuals are currently officers or directors of the Company.

Mr. Wiget will replace Dr. Stocker as Chairman of the Board. Dr. Stocker will replace Mr. Artmont as President and CEO. Mr. Artmont will continue as a director, in addition to his duties as Constitution's VP for Exploration.

Dr. Stocker commented, "All of us are pleased with the restructuring that the Board has approved. Given the experience and training of the three individuals involved, I believe it yields the most efficient division of labor and will allow each of us to contribute the most to Constitution's growth."

"With the new management structure, we will continue to focus on the development of our Gold Sands project in Peru. We also will be pursuing the acquisition of other proven gold deposits, including our proposed acquisition of certain Nevada properties from Seabridge Gold Inc. outlined in our December 2, 2009 Letter of Intent," added Dr. Stocker.

Management Profiles:

Alois Wiget - Chairman of the Board

Alois Wiget has accumulated extensive business experience in the areas of banking and accounting with Swiss firms including Nestle and Geneva Finabank. He has also practiced as a chartered accountant in Switzerland. Mr. Wiget has served on the board of Witrag Management Consultants SA, Vicorp SA and Atos-Origin. He is currently a senior member of the Swiss Economic Association in Zurich.

Dr. Michael Stocker - Director, President & CEO

Dr. Stocker holds a PhD in Economics from the University of Saint Gallen, Switzerland, and an MBA degree from the Community of European Management Schools, ESADE University, Barcelona, Spain. He has lived and worked in Latin America (chiefly in Chile, Colombia and Costa Rica) since 1993. Dr. Stocker hold several executive positions in different companies in Europe and Latin America. Among them FUNDES International, PROPEL and the company founded by himself in 2004; The Stocker Group. The Stocker Group offers Risk and Knowledge Management to international clients in the mining business and other industries in 11 countries among them, since several years, Peru. Dr. Stocker worked as well for the Boston Consulting Group (BCG), in its offices in Mexico, Spain and Switzerland, in connection of the development of strategies and cost efficiency programs for Fortune 500, mining and cement companies. He has been retained as an adviser and consultant by the Inter-American Development Bank, the United Nations Industrial Development Organization (UNIDO), the Swiss State Secretariat for Economic Affairs (SECO), the World Bank's International Finance Corporation (IFC) and the Organization of American states (OAS).

Gary Artmont - Director, VP Exploration

Mr. Artmont brings 33 years of mining experience to the company's operations. He has served as chief geologist for Freeport-McMoRan Copper & Gold. In that capacity he oversaw the completion of 120,000 meters of drilling in 17 prospect areas that led to the discovery of the 8 million ounce Wabu gold deposit. He is also credited with evaluating acquisition opportunities in Eastern Europe, South America, Southeast Asia and Mongolia, with his work focused on minable deposits of copper, iron, coal and nickel.

About Constitution Mining Corp.

Our goal is to locate large-scale, commercially viable gold deposits and continuously increase the amount of gold underlying each of our outstanding shares. We're interested primarily in geographical areas that are home to several significant proven gold deposits, including highly prospective districts likely to hold further large deposits.

Our first and most active project is in the Gold Sands region of Peru, where we hold options on 382 square kilometers (147.5 square miles) of mining property, the largest such block in the district.

The Gold Sands of Peru were laid down by eons of alluvial erosion. For millions of years, the waters of the Santiago and the Maranon rivers have been carving their way through the gold-rich mountain canyons of the Andes, carrying off vast amounts of gold and depositing much of the treasure in loose gravels and sands - Gold Sands - in the area the Company now controls.

Results from test holes drilled a decade ago indicated a potential presence of significant alluvial gold. The Company is now engaged in a program of pitting and test-mining with the intention to confirm and extend those earlier results and to gather further data for determining the feasibility of large-scale mining of this vast resource.

The implementation of these programs will require the company to secure additional financing.

Further information about Constitution Mining Corp may be found at

On behalf of the Board:

Dr. Michael Stocker - CEO

Constitution Mining Corp. (CMIN.OB)

Disclaimer: This release contains forward-looking statements that are based on the beliefs of Constitution Mining Corp. management and reflect Constitution Mining Corp. current expectations as contemplated under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. When used in this release, the words "estimate, "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward-looking statements. Such statements reflect the current views of Constitution Mining Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date indicated in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, Constitution Mining Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission.

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