Century Mining Corporation

Century Mining Corporation

June 21, 2011 07:00 ET

Century Mining Condemns Recent Video Posting of the Proposed Business Combination

TORONTO, ONTARIO--(Marketwire - June 21, 2011) - Century Mining Corporation ("Century" or the "Company") (TSX VENTURE:CMM) today notes the video produced and posted on various sites including "stockigloo" is inaccurate, extremely offensive and political incorrect. This video is largely focused on unfounded and misguided attacks at the Chairman of White Tiger Gold, Mr. Maxim Finskiy, who is also significant shareholder of Century.

Century recognizes Mr. Finskiy's contributions to the Company in the past including most recently his personal support in lending the Company US$1,000,000 to continue to fund the Lamaque project.

Century remains committed to providing shareholders with factual, material and timely information. The Company would ask the Concerned Shareholders of Century to also condemn this unwarranted and offensive tactic.

About Century Mining Corporation

Century Mining Corporation is a Canadian gold producer and holds strategic land positions in Canada, the United States and Peru. The Company's strategy is to grow to its gold production through existing mine expansions and acquisitions of other strategic and synergistic gold opportunities.

As part of the strategy to increase long-term, sustainable shareholder value, Century Mining proposed on March 14, 2011, a business combination with White Tiger Gold to create a global, mid-tier gold producer focused on growing gold production and increasing exploration in Canada, Russia and other leading gold mining jurisdictions in the world. The combined company will feature a robust portfolio of production, near and medium term development assets and exploration properties which will have greater access to capital and strong management and technical resources.

On behalf of Century Mining Corporation,

Daniel J. Major, President & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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