Century Mining Corporation

Century Mining Corporation

June 09, 2006 11:06 ET

Century Mining Establishes Milestone Progress on Lamaque Underground Phase I Exploration and Development Program

BLAINE, WASHINGTON--(CCNMatthews - June 9, 2006) - Century Mining Corporation (TSX VENTURE:CMM) announces that initial inspections of the main surface decline to gain access to the underground Lamaque workings have now reached the 1500 level in the Lamaque mine.

The company announced initial progress on the main decline inspection on May 10, 2006.

Conditions encountered in the decline between the 775 level and the 1500 level are consistent with those encountered and reported on previously. Ground conditions throughout the ramp have now been confirmed to be in good order, and conditioning work has been scoped and is currently underway. Also significant is the current level of mine dewatering, which has been established at the 1500 level. This should allow Phase 1 and 2 of the project to advance without significant dewatering requirements. It also allows Century the opportunity to begin establishing longer term dewatering requirements and strategies.

Crews are currently working on mine services, including air, water and communications, and establishing secondary accesses. Prominent quartz veins in the main decline have been sampled and assayed. The Company is recruiting technical, operating and maintenance personnel for the Lamaque underground operation. Underground mining equipment is being sourced.

Existing core logs and previous mine plans and sections at Lamaque are being entered into a data base.

The Company and Le Syndicat des Employes de les Mines Sigma (Quebec) Ltee, which represents hourly-paid employees, have expanded the existing collective agreement to include all necessary provisions for operating underground at the Lamaque Mine.

Margaret Kent, President & CEO, commented: "We are very pleased with the completion of the initial inspection of the Lamaque decline. This portion of the Phase 1 exploration and development program has exceeded our expectations in terms of timing and we are very confident that the Phase 1 budget will suffice to meet the needs of the project. This is an exciting period for Century and we are looking forward to the progression of planning for the bulk sample announced for Phase 2 of the underground Lamaque project."

About Century Mining Corporation

The Company forecasts gold production of 100,000 ounces of gold at a cash cost of US$325 to US$350 an ounce from its Sigma, Lamaque and San Juan mines in 2006. The Company owns the dormant Carolin gold mine in southwestern British Columbia; nine precious metals exploration properties located on the historic Juneau Gold Belt in Alaska; and production and exploration properties in Peru.

Margaret M. Kent, Chairman, President & C.E.O.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1933 and as amended in Section 27E of the 1934 Act.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this press release.

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