Century Mining comments on Peruvian earthquake

    BLAINE, WA, Aug. 16 /CNW/ - Century Mining Corporation (TSX-V:CMM) today
reported that the Company's San Juan and Rosario De mines in Peru were not
affected by yesterday's earthquake, and that there has been no interruption to
mining operations. The Company also reported that its Lima office was also
unaffected, and all personnel have been accounted for. The Company extends its
sympathies to the people of Peru that were affected by yesterday's tragic
earthquake, and it will contribute to humanitarian aid efforts in Peru.
    Margaret Kent, President & CEO of Century, commented, "Fortunately, our
mining operations at San Juan and Rosario De Belen were not affected, and we
are operating under normal conditions. Our thoughts and prayers are with the
people of Peru after yesterday's tragic earthquake. Similar to recent
contributions by Century, whereby the Company paid to ship a container of
donated warm clothing from Seattle to Peru for children in areas affected by
recent severe cold weather, we are once again working closely with our Lima
Office to determine how Century can assist and help provide relief for victims
of this tragic event."

    About Century Mining Corporation

    Century Mining Corporation is an emerging mid-tier gold producer that is
aggressively acquiring producing mines and exploration properties in Peru. The
Company owns and produces gold at the Sigma and Lamaque mines in Québec that
historically have produced over 9.4 million ounces of gold. In Peru, Century
wholly-owned subsidiaries own an 82.6% interest in the San Juan Mine where the
Company accounts for 100% of gold production. Century subsidiaries have also
recently acquired Rosario de Belen where it accounts for 100% of both gold and
silver production. Century's growth strategy is to acquire gold producing
assets in South America that will substantially reduce the Company's
consolidated total cash cost of production and where there is exceptional
exploration potential to expand production at these mines.

    "Margaret M. Kent"

    Chairman, President & CEO

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

    Caution Concerning Forward-Looking Information

    This press release contains forward-looking information within the
meaning of applicable securities laws. We use words such as "may", "will",
"should", "anticipate", "plan", "expect", "believe", "estimate" and similar
terminology to identify forward-looking information. It is based on
assumptions, estimates, opinions and analysis made by management in light of
its experience, current conditions and its expectations of future developments
as well as other factors which it believes to be reasonable and relevant.
Forward-looking information involves known and unknown risks, uncertainties
and other factors that may cause our actual results to differ materially from
those expressed or implied in the forward-looking statements and accordingly,
readers should not place undue reliance on those statements. Risks and
uncertainties that may cause actual results to vary include but are not
limited to the speculative nature of mineral exploration and development,
including the uncertainty of reserve and resource estimates; operational and
technical difficulties; the availability to the Company of suitable financing
alternatives; fluctuations in gold and other resource prices; changes to and
compliance with applicable laws and regulations, including environmental laws
and obtaining requisite permits; political, economic and other risks arising
from our South American activities; fluctuations in foreign exchange rates; as
well as other risks and uncertainties which are more fully described in our
annual and quarterly Management's Discussion and Analysis and in other filings
made by us with Canadian securities regulatory authorities and available at

For further information:

For further information: Brent Jones, Manager of Investor Relations,
E-mail: bjones@centurymining.com, Phone: (877) 284-6535 or (360) 332-4653,
Fax: (360) 332-4652, Website: www.centurymining.com

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