Canadian Mining Company Inc. - Geophysical Report Suggests Large Anomaly

    Symbol:  CNG - TSX.V

    VANCOUVER, Jan. 26 /CNW/ - Mr. Ray Paquette is pleased to announce SJ
Geophysics has concluded its geophysical report using the 3D Induced
Polarization Survey on Canadian Mining's San Bernardo Project - El Gochico
    The geophysical program was conducted to delineate the potential of a
mineralized skarn containing metallic mineralization such as silver, zinc,
copper and lead. The survey grid, called El Gochico grid, was situated over
the El Gochico mine that was mined by Penoles during the 1980s. The inverted
3DIP data set indicated three geophysical anomalies noted as features of
interest. With the existence of known skarn deposits, the 3DIP methodology was
used to gather further information to supplement the current exploration
model. The primary focus of this survey was to delineate chargeability and
resistivity features in order to direct future drilling targets.
    The report has identified and recommends five drill holes totaling 1250
meters / 4100 feet to confirm the 3 geophysical features of interest.
    The thirty-five page SJ Geophysical report will be available in its
entirety on the Company's web site

    Canadian Mining is a diverse company holding excellent prospects in both
precious metals and industrial minerals.

    On behalf of the Board
    Ray Paquette

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.

For further information:

For further information: Mr. Ray Paquette, (604) 684-3301

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