Capstone Mining Reports Fatality at Cozamin Mine in Zacatecas, Mexico

VANCOUVER, Oct. 11, 2016 /CNW/ - Capstone Mining Corp. ("Capstone") (TSX: CS) is saddened to report that a fatal accident occurred at its Cozamin Mine on Monday, October 10, 2016. A miner was struck by a piece of mobile equipment in transit in the Mala Noche Footwall Zone area. He was transported immediately to a hospital in Zacatecas where he later passed away.

"Our heartfelt sympathy goes out to our miner, his family, and our entire team at Cozamin," said Darren Pylot, President and CEO of Capstone. "This is a tragic accident."

Cozamin's management team temporarily suspended operations, which will resume later today. Capstone remains committed to the highest safety standards at all of its operations.

About Capstone Mining Corp.
Capstone Mining Corp. is a Canadian base metals mining company, focused on copper. We are committed to the responsible development of our assets and the environments in which we operate. Our three producing mines are the Pinto Valley copper mine located in Arizona, US, the Cozamin copper-silver mine in Zacatecas State, Mexico and the Minto copper mine in Yukon, Canada. In addition, Capstone has two development projects; the large scale 70% owned copper-iron Santo Domingo project in Region III, Chile, in partnership with Korea Resources Corporation, and the 100% owned Kutcho copper-zinc project in British Columbia, Canada, as well as exploration properties in Chile and US. Capstone's strategy is to focus on the optimization of operations and assets in politically stable, mining-friendly regions, centred in the Americas. Our headquarters are in Vancouver, Canada and we are listed on the Toronto Stock Exchange (TSX). Further information is available at www.capstonemining.com.

SOURCE Capstone Mining Corp.

please contact: Cindy Burnett, VP, Investor Relations and Communications, 604-637-8157, [email protected]