Capstone Cozamin Mine to Average Over 51 MIbs Cu for 10 Years; Initiates “Impact23” Project for Further Growth

Cozamin-NI43-101-Update-Jan-2021(3)

VANCOUVER, British Columbia—- Capstone Mining Corp. (“Capstone” or the “Company”) (TSX:CS) announces an updated Technical Report for its Cozamin Mine in Zacatecas, Mexico and extends mine life to 2031. Mineral Reserves increased by 39% to 14.1 million tonnes grading 1.77% copper and 44 grams per tonne (g/t) silver and Measured and Indicated Mineral Resources increased by 10% to 29.7 million tonnes grading 1.52% copper and 44 g/t silver. The new reserve mine plan is projected to produce 512 million pounds of copper and 16.0 million ounces of silver over the next 10 years.

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