Constitution Mining Corp.
OTC Bulletin Board : CMIN

March 10, 2011 09:01 ET

Constitution Mining Corp.: Gold Test Production Equipment Arrives on GoldSands Property

LIMA, PERU--(Marketwire - March 10, 2011) - Constitution Mining Corp. (OTCBB:CMIN) announces that according to the Agreement signed on January 18th, 2011 our partner company, Swiss Mining S.A, has delivered and has begun setting up their test mining production equipment at CMIN's Mika 2 GoldSands project located in North-East Peru.

Next week a base camp will be installed and the company expects, before the end of March, to begin a six-month Test Mining Production Operation on CMIN's MIKA 2 Concession. Swiss Mining S.A., the largest operator in this area of the Amazon basin, has now commenced field preparations. This will be the process through which the first Gold extraction on the Company's Peruvian GoldSands property is expected to take place.

Michael Stocker, Constitution Mining's CEO states: 

"We are very pleased to make this announcement. In addition to our Management team, many loyal shareholders have long anticipated the commencement of this test production operation. We believe that it will provide important information that will enable Constitution Mining to assess the feasibility of planning and implementing commercial gold production on our Peruvian GoldSands properties. I want to take this opportunity to publicly thank all those groups and individuals who have supported our vision, as we have moved toward this very important milestone in our company's history."

Swiss Mining S.A. is currently in the business of developing, and if feasibility is determined, conducting mineral resource alluvial mining operations. As the largest operator in this area of the Amazon basin, they have the knowledge, experience and trained work force necessary to conduct an efficient operation. Swiss Mining will be utilizing a new trommel plant with centrifugal concentrators, in order to optimize the operational footprint, and thus minimize environmental impact during this test production venture.

Constitution Mining's drilling program, which has located placer ore bodies, was completed within the MIKA 2 Concession in 2010. A review of the findings made in regard to these alluvial deposits provided the basis for this Agreement between the two companies. The Agreement designates that Swiss Mining will carry out a test mining operation on the MIKA 2 Concession, located in the Peruvian Province of Datem del Marañon, District of Manseriche. The results will be studied to determine if an expanded agreement between the parties covering a larger area is justified.

CMIN has the right to monitor at its own expense, all activities performed by Swiss Mining or its sub-contractors as related to this test-mining production Agreement. This shall include, but not be limited to, the right to make site inspections at any time; to bring experts and consultants onsite to examine or evaluate work in progress or completed work; to examine the books, ledgers, documents, papers, and records pertinent to this Agreement; and to observe personnel in every phase of their performance of the related work.

About Swiss Mining S.A.

Swiss Mining SA, located in Lima, Peru, is a limited liability company organized and incorporated under Peruvian laws. It is owned and actively controlled by Swiss Mining and Consulting Ltd. The company's general manger, Rafael Villarroel Mansilla, has a decade-long experience with alluvial mining.

About Constitution Mining Corp. (OTCBB:CMIN)

The Company's goal is to locate large-scale commercially viable gold deposits and continuously increase the amount of gold underlying its 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 Gold Sands project in Peru consists of options on 461 square kilometers (178 square miles) of mining property, the largest such block in the district. These Gold Sands were laid down by eons of alluvial erosion. For millions of years, the waters of the Santiago and the Marañón 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 the 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 indicate the presence of significant alluvial gold. The Company has also completed its Phase II drill program focused on grid drilling a 2.5 square kilometer region. While the results from both the Phase I drill program and the Phase II, 100-hole drill program are highly favorable, the Company cautions that these results do not yet indicate the presence of a commercially viable mineral deposit and further exploration is needed to determine the full feasibility of the project. Currently, the company has signed an agreement to begin a test mining production program within a 2.5 square kilometer area of the recent 100-hole drill program.

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

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

On behalf of the Board:

Dr. Michael Stocker - CEO

Constitution Mining Corp. (OTCBB:CMIN)

Disclaimer

This release contains forward-looking statements that are based on beliefs of Constitution Mining Corp. management and reflect Constitution Mining Corp's 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 we use 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 shown 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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