Capstone Mining 2016 Operating and Capital Guidance

http://www.juniorminingnetwork.com/junior-miner-news/press-releases/550-tsx/cs/15644-capstone-mining-2016-operating-and-capital-guidance.html#.Vp0SYuTrvIU

VANCOUVER, British Columbia, Jan. 18, 2016 /PRNewswire/ –Capstone Mining Corp. (“Capstone”) (TSX: CS) today provided its operating and capital expenditure guidance for 2016 along with a five year outlook. In 2016, Capstone expects to produce 108,000 tonnes (±5%) of copper from its Pinto Valley, Cozamin and Minto mines at a C1 cash cost (1,2) of $1.45 to $1.55 per pound of payable copper produced. Capital expenditures for 2016, including $38 million of capitalized stripping, are expected to be $80.2 million or $0.35 per pound of copper produced. Consolidated all-in cost guidance is $1.90 to $2.00 per pound of payable copper produced. The subsequent four year outlook is included to illustrate the overall trend of our existing operations, excluding any further growth through project development or acquisition.

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