Cyprium Mining announces additional assay results and provides an update from the Potosi Silver Mine

MONTREAL, July 20, 2016 /CNW Telbec/ – Cyprium Mining Corporation (“Cyprium” or the “Company“) (TSXV: CUG CUG.DB) is pleased to announce the results from 71 additional underground samples taken from the Tunel body as part of its ongoing exploration program of the Potosi silver mine located in Santa Eulalia, Mexico.  Of the 71 samples taken, 34 were channel samples taken at the edges of old stopes on levels 1 and 2, and 37 samples were of previously broken mineralized rock from levels 1, 2 and 3 that was left behind at the end of the last mining in this area.  All samples were taken in areas where Cyprium expects initial production to take place (1).

The 34 channel samples were taken on exposures of relatively flat lying manto and steep chimney mineralization on levels 1 and 2. Not including eight samples of oxidized mineralization from a chimney on level 2, 26 samples averaged 238g/t Ag, 5.28% lead, and 8.04% zinc over an average sample width of 1.2 m. The table below shows averages for sampling on different levels of the Tunelbody, including some previously reported sampling from levels 3 and 4 (see press release of June 9, 2016 and June 13, 2016).  All of these exposures are at the margins of historic workings near the Potosi No. 3 shaft. The shaft has been reconditioned with a haulage system capable of removing approximately 100 tons per day (1) and compressed air and water have been brought in, with an air compressor installed on Level 2.

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