Constitution Mining Corp.
OTC Bulletin Board : CMIN

August 17, 2009 09:00 ET

Constitution Mining: Drilling Begins at the Gold Sands in Peru

LIMA, PERU--(Marketwire - Aug. 17, 2009) - Constitution Mining Corp. (OTCBB:CMIN) announces it has begun drilling the first of 500 holes planned for its Gold Sands Project in northeastern Peru.

The objectives of the drill program are to:

- Confirm and define resources in the Discovery Area and

- Extend known mineralization over the rest of Constitution's 382 square kilometer (148 square mile) mineral holdings in the Gold Sands.

During the next 18 months, Constitution Mining intends to drill 500 holes to depths of approximately 50 meters (164 feet). Of these, 200 holes will be dedicated to resource definition in the Discovery Zone and will be drilled on a 100 meter x 100 meter grid. The Discovery Zone holes are a step toward defining reserves that would support trial mining operations beginning in about 24 months.

The remaining 300 holes will be drilled to extend the size of the resource base by exploring for additional gold mineralization. The 300 exploratory holes will be widely spaced across the entire Gold Sands district. The additional mineralization so outlined would be defined further by follow-up, in-fill drilling at progressively tighter spacing.

Constitution Mining CEO, Dr. Willem Fuchter commented: "Having completed the preparations needed to gain the maximum data from every drill dollar, we are pleased to announce that drilling has begun at our Gold Sands project in northeastern Peru. Our preparation included assembling a carefully balanced team of independent alluvial experts to assist, manage and monitor the drilling and expanded development of this opportunity."

Paul Johnson, of U.S.-based Johnson Drilling Company, is the lead driller on Constitution's project. Mr. Johnson has extensive, multi-continent experience in churn drilling, including a large alluvial gold project in the Republic of Guinea. The work of Johnson Drilling is being supported by MDS Drilling of Peru, under the supervision of Dan Erasmus. Like Paul Johnson, Mr. Erasmus has a broad background - particularly with respect to drilling and shaft-sinking. His experience includes projects in Africa, Asia and South America, including Peru.

Constitution's 500-hole drill program will be supplemented with a modest pitting program to characterize the sands and gravels. This will add to the understanding of the local controls to the gold mineralization and will assist in evaluating the "diggability" and "dredgability" of the gold-bearing sands and gravels.

Drill and pit samples will be reduced in the field to a concentrate and then be transferred to Constitution's field laboratory in the nearby town of Saramiriza. There the gold will be recovered from the concentrate and precisely weighed. This work is under the direction of a separate U.S.-based, independent consultant, John Hayes of WorleyParsons. Mr. Hayes is a mining engineer with over 30 years of experience in the exploration, development and operation of alluvial deposits in Alaska, New Zealand and West Africa. He also has consulted on gold sands-type projects in California, Oregon, Colombia, Guinea and Ghana. Mr. Hayes' independent technical expertise will support development of internationally acceptable exploration results and reports in preparation for third-party technical auditing by industry-renowned Scott Wilson Roscoe Postle Associates of Canada.

Dr. Fuchter continued, "Based on our assessment of the potential for this project to develop quite rapidly, Constitution has acquired an additional drill to support the company's Bucyrus Erie 20W churn rig - the one that is now drilling. This new Manual Banka 6"drill will be used as a 'field scout' to test the gold mineralization beyond the Discovery Zone and throughout the entire Gold Sands region. We have also begun discussions to purchase a high-performance drill, such as the Foremost DR-12 Dual Rotary rig, which we intend to have on location before the end of Q4 2009."

"We look forward to announcing drill results shortly and building long-term value for all our shareholders," added Dr. Fuchter.

About Constitution Mining Corp.

Our goal is to continuously increase the amount of gold underlying each of our outstanding shares. To build such value, we are focusing on the rapidly developing Gold Sands region of Peru, where we have optioned 382 square kilometers (147.5 square miles) of mining properties - the largest such block in the district.

The Gold Sands of Peru were laid down by eons of alluvial erosion. For millions of years, the waters of the Santiago and the Maranon rivers have been carving their way through the gold-rich mountain canyons of the Andes, carrying off vast amounts of gold and depositing much of the treasure in loose gravels and sands - Gold Sands - below the Manseriche gorge in Northeastern Peru. There the rivers reach a broad flood plain, slow to a crawl and release their cargo.

Drilling results from more than 500 test holes in a 'proof of concept' zone located on Constitution Mining's properties indicate the presence of tens of millions of ounces of alluvial gold in the region. We intend to capture the profit potential of that gold by applying recently enhanced mining technologies that are especially well suited to low-density, near-surface deposits. These green-mining technologies are energy-efficient and environmentally friendly -- features that support their profitable use.

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

On behalf of the Board:

Dr. Willem Fuchter, CEO

Constitution Mining Corp.

Disclaimer

This release contains forward-looking statements that are based on the beliefs of Constitution Mining Corp. management and reflect Constitution Mining Corp. 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 used 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 indicated 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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