Capstone Mining Second Quarter 2016 Financial Results

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Vancouver, British Columbia – Capstone Mining Corp. (“Capstone” or the “Company”) (TSX: CS) today announced its financial results for the three and six months ended June 30, 2016. Operating cash flow before changes in working capital (1) was $21.6 million or $0.06 per share, with a net loss of $13.4 million and an adjusted net loss of $7.5 million after adjusting for certain non-cash and non-recurring charges. Copper production for the quarter totalled 28,157 tonnes (27,200 tonnes of payable copper) at a C1 cash cost (1) of $1.51 per payable pound produced with copper sales for the quarter of 22,549 tonnes at a C1 cash cost (1) of $1.66 per payable pound sold.

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