SOURCE: Constitution Mining

April 09, 2010 15:01 ET

Constitution Mining CEO Dr. Michael Stocker To Be Interviewed on Hard Money Watch

LIMA, PERU--(Marketwire - April 9, 2010) - Constitution Mining Corp. (CMIN.OB),an exploration stage gold company focused on developing multi-million ounce potential gold projects in Nevada and Peru, announces that the Company's CEO, Dr. Michael Stocker, will be appearing this Sunday, April 11(th), on the popular Phoenix, Arizona talk radio program - Hard Money Watch.

Hard Money Watch - now in its 18(th) consecutive year - is hosted by Pat Gorman, a fellow member of Constitution Mining's board of directors. The live call-in program is well known for providing leading free-market oriented commentary on commodities, currencies, the economy and the stock market.

Mr. Gorman, along with Dr. Stocker, will discuss the current economic environment, what's in store for the U.S. dollar and the likely impact on the future price of gold. Additionally, Dr. Stocker will discuss the latest developments at Constitution Mining, including the initiation this past week of the Company's phase II 100-hole drill program in Peru and the Binding Agreement CMIN signed with Seabridge Gold Inc. to acquire 30 exploration projects in Nevada, mostly located in Nevada's prolific Walker Lane gold belt.

The most advanced project in the package of Nevada mineral claims is the Castle Black Rock gold project in Esmeralda county, which has an NI-43-101- compliant gold resource of 215,000 ounces in the measured and indicated categories (12.38 million tonnes grading 0.54 gram of gold per tonne) and 93,000 ounces in the inferred category (7.95 million tonnes grading 0.37 gram of gold per tonne).

The program will be broadcasted live on http://www.KFNN.com this Sunday, April 11(th) between 10:00 - 11:00 AM MST. Anyone interested is invited to login to hear the program and even call in, if so inclined.

Following the live broadcast, the program will be accessible via the archive at http://www.KFNN.com.

About Constitution Mining Corp.

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

Peru The first and most active project is in the Gold Sands region of Peru, where the Company holds options on 461 square kilometre (178 square mile) 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 it in loose gravels and sands - Gold Sands - in the area the Company now controls.

Results from test holes drilled during CMIN's 26-hole Phase I exploratory drill program indicates a potential presence of significant alluvial gold. The Company is now engaged in implementing a Phase II drill program that will focus on grid drilling 2.5 square kilometre regions with an aim to develop gold resource estimates and to gather further data to determine the feasibility of large- scale mining of this vast resource. While the results received from the Phase I drill program were favourable, the Company cautions that these results do not yet indicate the presence of a commercially viable mineral deposit.

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

Nevada On April 1(st) , 2010 CMIN executed a definitive and binding Asset Purchase Agreement with Seabridge Gold Inc. to acquire 30 Nevada-based gold projects comprising of 2,141 claims, primarily located in the heart of Nevada's prolific Walker Lane gold belt. The most advanced project in the package of mineral claims is the Castle Black Rock gold project, which has an NI-43-101- compliant gold resource of 215,000 ounces in the measured and indicated categories (12.38 million tonnes grading 0.54 gram of gold per tonne) and 93,000 ounces in the inferred category (7.95 million tonnes grading 0.37 gram of gold per tonne).

The closing of the Agreement, which is anticipated to occur on May 20, 2010, is subject to certain conditions, including, but not limited to: (1) Seabridge obtaining certain authorizations, approvals and consents necessary to transfer the assets to the Company, (2) the accuracy of the parties' representations and warranties, and (3) material performance of all of the agreements and obligations of the parties. The Agreement contains certain termination rights, including the right of either party to terminate the Agreement if the closing has not occurred by June 20, 2010 (as long as the terminating party has performed its obligations under the Agreement) and to terminate upon a material misrepresentation or breach by the other party. The Agreement may also be terminated upon mutual written consent of the parties.

Further information about Constitution Mining Corp. may be found at www.ConstitutionMining.com.

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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