Company Information for Capstone Mining Corp

TSX-CS

www.capstonemining.com

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Company Statement

Capstone Mining Corp. is a publicly traded Canadian mining company with a primary focus to operate, expand and explore the company's 100% owned Cozamin copper-silver-zinc-lead mine located in Zacatecas State, Mexico. Our objective is to become an intermediate player in the base metals sector in the Americas

The Cozamin mine has started an expansion to 3,000 tpd or approximately 1 million tpy, a 36% increase in production. This expansion is expected to be completed by September 2008.

HIGHLIGTHS

• Capable of generating +$40 million in free cash flow in 2008.
• Silver exposure through the ownership of 26.7 million shares (22%) of Silverstone Resources Corp.

• No debt.

Current Operations

COZAMIN MINE
The Cozamin project is a polymetallic (copper, silver, lead, zinc) mine located 3.8 km north-northwest of Zacatecas City in the mineral-rich state of Zacatecas, Mexico. The property covers approximately 2,020 hectares in the Zacatecas Mining District and lies at 2,450m above sea level.

2008 Cozamin Mine Expansion

Capstone has started the expansion of the Cozamin mine from the current rate of 2,200 tonnes per day (“tpd”) or 750,000 tonnes per year (“tpy”) to 3,000 tpd or approximately 1 million tpy, a 36% increase in production. This expansion is expected to be completed by September 2008.

2008-2009 Production Forecast

2008F 2009F

Tonnes milled 850,000 1,000,000

Copper (payable lbs) 30,000,000 40,000,000

Silver (payable ozs) 1,300,000 1,500,000

Zinc (payable lbs) 9,000,000 10,000,000

Lead (payable lbs) 5,100,000 5,000,000

Ownership
Capstone has a 100% interest in the Cozamin mine. A 3% Net Smelter Royalty is paid to Grupo Bacis on all metals produced.

Exploration
Excellent possibilities exist for finding additional mineralization at Cozamin because the Mala Noche vein has only been partially exploited and not systematically explored to depth. Capstone's deepest holes in the Mala Noche vein indicated that the copper-silver phase of mineralization extends to greater depths.

The current resources are contained within a 1.5 km strike length of the 5 km long Mala Noche vein that the company controls.

Objectives
• Optimize mining capacity and recovery.
• Explore along strike and down dip of the reserve/resource base.
• Infill drill to upgrade inferred resources.
• Aggresively looking for potential acquisitions.

Geographical Spread

Mexico

Board of Directors and Key Management

Darren Pylot - President & CEO, Director

Hugh Willson, M.Sc, P.Geo - VP of Exploration

Robert Barnes, B.Sc, MBA, P.Eng

VP of Operations, Director

Jason Howe, CA - CFO

John Wright, B.Sc, P.Eng - Business Development

Jack Marr, P.Geo - Director

Tony Chan - Director

Ken R. Thorsen, BSc, P.Eng - Director

Sarah Kennedy - Secretary

Company Address

Suite 1980-1055 West Hastings St.
Vancouver, B.C., British Columbia, Canada V6E 2E9


Telephone:	+1 (604) 684-8894
Facsimile:	+1 (604) 688-2180
Email:	info[at]capstonemining.com
Website:	http://www.capstonemining.com

Annual General Meeting

January 7th, 2008, Vancouver BC Canada

Year End

31 December

Nominated Brokers

Cal Everett, BSc
Pacific International Securities
Canada

James Phipps
Euro Pacific Capital
USA

Major Shareholders

CDS & CO 86.82%

CEDE & CO 6.41%

Grupo Minero Bacis S.A. de C.V. 4.5%

Most Recent Statement

22/04/08 - Capstone To Release First Quarter Results On Tuesday April 29, 2008
28/02/08 - Four Month Stub Period Results
17/01/08 - Capstone Provides 2008 Expansion And Exploration Plans And Increases Production Forecasts For 2008 And 2009
10/01/08 - Capstone Highlights Production and Sales for the Four Months Ended
15/11/07 - Capstone Mining Year-End and Fourth Quarter Results
15/11/07 - Capstone Mining Year-End and Fourth Quarter Results

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