Continental Materials Corporation Reports the Resumption of Production at the Pikeview Quarry

CHICAGO, IL--(Marketwired - May 21, 2013) - Continental Materials Corporation (NYSE MKT: CUO) today reported that its subsidiary, Castle Concrete Company, ("Castle") has resumed production at its Pikeview Quarry (the "Quarry") located in the far northwest section of Colorado Springs. The Quarry had been closed since a landslide that occurred in December 2008. The Quarry is being operated under the terms of a new mining permit that was issued by the Colorado Division of Reclamation, Mining and Safety. Castle produces crushed limestone at the Quarry that is used in the production of ready-mix concrete, asphalt and for other construction applications. Over the years materials from the Quarry have been used in the construction of many facilities, structures and buildings throughout El Paso County including the Air Force Academy, the Colorado Springs Airport and Fort Carson. Castle's existing mining permit allows for production through the year 2020. Castle estimates that the remaining limestone reserves are sufficient to allow for full production even beyond 2020. During last summer's Waldo Canyon fire it was generally recognized that the Quarry spared many homes located directly east of the Quarry as it served as a fire break.

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