Capstone Reports Senior Management Change

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October 31, 2012
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Capstone Reports Senior Management Change

VANCOUVER, Oct. 31, 2012 /PRNewswire/ - Capstone Mining Corp. ("Capstone")
(TSX: CS) today announced the resignation of Mr. Tony Giardini, CA,
CPA, as Sr. Vice President and Chief Financial Officer of Capstone,
effective November 30, 2012.

Mr. Giardini has accepted the position of Executive Vice-President and
Chief Financial Officer at Kinross Gold Corporation. "We understand
Tony's decision to accept the opportunity at Kinross and wish him the
best," said Darren Pylot, President and CEO of Capstone.

Capstone will immediately commence a search for a new Chief Financial
Officer.

About Capstone Mining Corp.

Capstone Mining Corp. is a Canadian base metals mining company with two
producing copper mines, the Cozamin copper-silver-zinc-lead mine
located in Zacatecas State, Mexico and the Minto copper-gold-silver
mine in Yukon, Canada. In addition, Capstone has two development
projects, the large scale 70% owned Santo Domingo copper-iron-gold
project in Chile in partnership with Korea Resources Corporation and
the 100% owned Kutcho copper-zinc-gold-silver project in British
Columbia, as well as exploration at properties in Australia, Canada,
Chile and Mexico. Using its cash flow and strong balance sheet as a
springboard, Capstone aims to grow organically through continued
mineral resource and reserve expansions and through acquisitions in
politically stable, mining-friendly regions. Additional information is
available at http://www.capstonemining.com.

Forward-Looking Statements

This document may contain "forward-looking information" within the
meaning of Canadian securities legislation and "forward-looking
statements" within the meaning of the United States Private Securities
Litigation Reform Act of 1995 (collectively, "forward-looking
statements"). These forward-looking statements are made as of the date
of this document and Capstone does not intend, and does not assume any
obligation, to update these forward-looking statements, except as
required under applicable securities legislation. By their very nature
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of Capstone to be materially different from
any future results, performance or achievements expressed or implied by
the forward-looking statements.

SOURCE  Capstone Mining Corp.

Capstone Mining Corp.

CONTACT:  Cindy Burnett, VP, Investor Relations and Communications
604-637-8157
cburnett@capstonemining.com

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