Century Mining Corporation

Century Mining Corporation

June 03, 2005 15:44 ET

Century Mining's Shareholders Elect Pierre Desjardins to Board of Directors

BLAINE, WASHINGTON--(CCNMatthews - June 3, 2005) - Century Mining Corporation (TSX VENTURE:CMM) is pleased to announce that Pierre Desjardins has been elected to the Company's Board of Directors. Mr. Desjardins had a distinguished career in Canadian business as a senior executive at several of Canada's major corporations, including Domtar, Labatt Breweries and Imperial Tobacco. He has extensive experience as a director of a number of public companies.

Century is also pleased to announce that Jean-Luc Chouinard has joined the Company as General Manager at the Sigma Mine in Val d'Or, Quebec. Mr. Chouinard, a mining engineer, has considerable operating and engineering experience at a senior management level at open pit and underground gold and base metal mines for a number of companies in North America and internationally.

Century announces today that it has granted 170,000 stock options, of which 50,000 stock options have been granted to a director of the Company. The stock options are exercisable into common shares of Century at an exercise price of C$0.40 per share for a period of five years. Century's common shares closed at C$0.40 on the TSX Venture Exchange on June 2, 2005.

Century Mining has 34,893,570 common shares issued and outstanding. Under the terms of the Company's "rolling" Incentive Stock Option Plan, a maximum of 3,489,357 shares are available to be issued pursuant to the exercise of options at this time. Including today's grant of 170,000 options, a total of 3,355,000 shares have been reserved for issuance pursuant to outstanding option grants. A further 134,357 shares are available for issuance pursuant to future option grants at this time.

Margaret Kent, President & C.E.O. said: "We are delighted that Pierre Desjardins has joined the Board of Directors. His extensive business experience, particularly in Quebec, will be a great asset as we grow the Company in the province from a solid foundation at the Sigma Mine."

On behalf of the Board of Directors,

Margaret M. Kent, Chairman, President and 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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