Century Mining Corporation

Century Mining Corporation

May 02, 2011 18:31 ET

Century's Lamaque Mine Receives Certificate of Authorization to Expand Operations

Lamaque Mine to Host Researchers Studying the Use of Tailings in Reclamation

BLAINE, WASHINGTON--(Marketwire - May 2, 2011) - Century Mining Corporation ("Century" or the "Company") (TSX VENTURE:CMM) is pleased to announce that the Company has been notified by the Québec Ministry of Durable Development, Environment and Parks ("MDDEP") of approval by the MDDEP of the Certificate of Authorization("C of A") for the operation of the Lamaque mine in Val d'Or, Québec at a rate of 2,500 tonnes per day and dewatering of the mine down to 1,200 feet below the surface, including the Bedard Dyke, North Wall and Lamaque mining areas. In the course of the MDDEP's review of the C of A application, mine management has coordinated with MDDEP staff to develop restoration plans incorporating the use of tailings as covering material for the open pit waste dumps and to respond to the MDDEP's concerns regarding this evolving technological application.

Additionally, on May 4th and 5th, the Lamaque mine will host a site visit, information session and sampling project regarding the use of tailings materials in mine site reclamation. Participants will include a team of 10 university researchers representing the Canadian Biotechnology Research Institute, National Research Council; the University of Sherbrooke; and Laval University. The visit and meeting will be coordinated by Century's environmental consultants, Roche Groupe Ltd. Consulting Engineers, who have facilitated the research by arranging collaboration of the Company and research institutions developing applications which use nitrogen fixing flora to rehabilitate mining waste. This productive use of waste materials reduces the volume of tailings stored in impoundments and the amount of topsoil required for restoration.

President and CEO Daniel Major noted, "The C of A for Lamaque reflects Century's commitment to the environment in the development of the Lamaque mine. We are also pleased to host the site visit and information session to advance the development of this technology which will help topromote the sustainability of the mining industry."

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.

On behalf of Century Mining Corporation,

Daniel J. Major, President & CEO

Caution Concerning Forward-Looking Information

This press release contains forward looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of applicable Canadian securities laws including with respect to the intended use of proceeds raised in the private placement. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking statements and forward-looking information. Such statements and information are based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and information and accordingly, readers should not place undue reliance on such statements and information. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in gold and other commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our South American activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with the Securities and Exchange Commission and with Canadian securities regulatory authorities and available at www.sedar.com.

While the Company believes that the expectations expressed by such forward-looking statements and forward-looking information and the assumptions, estimates, opinions and analysis underlying such expectations are reasonable, there can be no assurance that they will prove to be correct. In evaluating forward-looking statements and information, readers should carefully consider the various factors which could cause actual results or events to differ materially from those expressed or implied in the forward-looking statements and forward-looking information.

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.

Contact Information