Constantine Metal Resources Ltd. (TSX VENTURE:CEM) ("Constantine" or the
"Company") is pleased to announce the Company has been awarded the right to
lease a 99,257 acre package of land (the "Haines Block") for mineral exploration
and development. The Haines Block is contiguous with and surrounds the Federal
and State mining claims that make up the approximately 16,000 acre Palmer
Property (Figure 1). 


Garfield MacVeigh, President and CEO states, "We are very pleased with the
opportunity to secure this large, prospective and strategic land package. The
Haines Block further consolidates Constantine's district-scale property position
and provides control of the entire tract of available land in the region with
known volcanogenic massive sulphide potential." 


About the Haines Block and Lease 

Constantine was the successful applicant in a competitive lease process offered
by the Alaska Mental Health Trust Authority (the "Trust"), a state corporation
within Alaska. The Trust owns the subsurface mineral estate of the Haines Block,
and for a small subset of the block, located adjacent to the Palmer property,
land is held fee simple for which the Trust own both the surface and subsurface
estate. Constantine and the Trust aim to finalize terms and conclude signing of
the lease in advance of the summer field season. General lease terms are
expected to include annual rental of US$25,000 per year for the initial 3 year
lease term, with work commitments of US$75,000 per year, escalating US$50,000
annually. The lease is also expected to include certain production royalties.


The Haines Block shares similar geology to the Palmer Property and is considered
prospective for hosting high-grade massive sulphide mineralization. The property
also covers areas upland of the active Porcupine placer gold district that has
estimated past production of 82,489 ounces of gold. This represents the first
time the Haines Block has been offered to the public for competitive lease, with
very limited exploration work having taken place in recent decades. 


About the Trust Land Office and the Mental Health Trust Authority

The Trust Land Office operates within the State of Alaska Department of Natural
Resources to manage nearly one million acres of land for the Alaska Mental
Health Trust Authority. Trust Lands are managed solely in the best interest of
the Trust and its beneficiaries with a legislated requirement to maximize
long-term revenue. The income generated from Trust lands is used to improve the
lives and circumstance of Trust beneficiaries. The Trust has a well-established
history in Alaska exploration and mining, with leases in place at Kinross Gold
Corporation's Fort Knox gold mine and International Tower Hill's Livengood Gold
Project. 


About the Palmer Project

Palmer is a high-grade volcanogenic massive sulphide (VMS) deposit located in a
very accessible part of coastal southeast Alaska, with road access to the edge
of the property and within 60 kilometres of the year-round deep sea port of
Haines. A US$6.2 million exploration budget is in place for the 2014 season
funded by Dowa Metals & Mining Co., Ltd. who have the option to earn a 49%
interest in the project. The 2014 program will be drill intensive and focused on
expanding the inferred mineral resource (4.75 million tonnes grading 1.84%
copper, 4.57% zinc, 0.28 g/t gold and 29 g/t silver(i)) as well as testing for
satellite deposits. The Project is located within the same belt of rocks that is
host to the Greens Creek and Windy Craggy VMS deposits - both widely recognized
as tier one deposits. 


About the Company

Constantine is a mineral exploration company with a focus on premier North
American mining environments. In addition to the flagship Palmer
copper-zinc-silver-gold VMS Project located in Alaska that is being advanced in
partnership with Dowa Metals & Mining Co., Ltd., Constantine has a pipeline of
other quality projects that includes; (1) the 100% owned Timmins area
Munro-Croesus Project a past-producing mine property that yielded some of the
highest grade gold ever mined in Ontario and includes strategically located
claims immediately along trend from the Fenn-Gib gold deposit (1.35 million
ounces indicated and 0.75 million ounces inferred); (2) the large Golden Mile
property in the Timmins gold camp that is optioned to Teck Resources Ltd. who
can earn up to 66% by spending $5M; and (3) the 50/50 Joint Venture with Carlin
Gold Corporation with a district-scale land position in an emerging new
Carlin-type gold district in Yukon. Please visit the Company's website
(www.constantinemetals.com) for more detailed company and project information.


On Behalf of Constantine Metal Resources Ltd.

Garfield MacVeigh, President

(i)  See the Company's technical report entitled, "Palmer VMS Project, Southeast
Alaska, Mineral Resource Estimation and Exploration Update" dated March 4, 2010
and available on www.sedar.com. Resource estimate utilizes an NSR cut-off of
US$50/t with assumed metal prices of US$700/oz for gold, US$12/oz for silver,
US$2.25/lb for copper, and US$0.85/lb for zinc, with estimated metal recoveries
of 55%, 55%, 90%, and 90% respectively. An "Inferred Mineral Resource is that
part of a Mineral Resource for which quantity and grade or quality can be
estimated on the basis of geological evidence and limited sampling and
reasonably assumed, but not verified, geological and grade continuity. Due to
the uncertainty that may be attached to Inferred Mineral Resources, it cannot be
assumed that all or any part of an Inferred Mineral Resource will be upgraded to
an Indicated or Measured Mineral Resource as a result of continued exploration.
Confidence in the estimate is insufficient to allow the meaningful application
of technical and economic parameters or to enable an evaluation of economic
viability worthy of public disclosure.


Notes:

Forward looking statements: This news release includes certain "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")." Forward-looking statements include predictions, projections and
forecasts and are often, but not always, identified by the use of words such as
"seek", "anticipate", "believe", "plan", "estimate", "forecast", "expect",
"potential", "project", "target", "schedule", budget" and "intend" and
statements that an event or result "may", "will", "should", "could" or "might"
occur or be achieved and other similar expressions and includes the negatives
thereof. All statements other than statements of historical fact included in
this release, including, without limitation, statements regarding the expected.
There can be no assurance that such statements will prove to be accurate and
actual results and future events could differ materially from those anticipated
in such statements. Forward-looking statements are based on a number of material
factors and assumptions. Important factors that could cause actual results to
differ materially from Company's expectations include actual exploration
results, changes in project parameters as plans continue to be refined, results
of future resource estimates, future metal prices, availability of capital and
financing on acceptable terms, general economic, market or business conditions,
uninsured risks, regulatory changes, defects in title, availability of
personnel, materials and equipment on a timely basis, accidents or equipment
breakdowns, delays in receiving government approvals, unanticipated
environmental impacts on operations and costs to remedy same, and other
exploration or other risks detailed herein and from time to time in the filings
made by the Company with securities regulators. Although the Company has
attempted to identify important factors that could cause actual actions, events
or results to differ from those described in forward-looking statements, there
may be other factors that cause such actions, events or results to differ
materially from those anticipated. There can be no assurance that
forward-looking statements will prove to be accurate and accordingly readers are
cautioned not to place undue reliance on forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


To view Figure 1, please visit the following link:
http://media3.marketwire.com/docs/cem0416fig1.pdf.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Constantine Metal Resources Ltd.
Garfield MacVeigh
President
604-629-2348


Constantine Metal Resources Ltd.
Darwin Green
VP Exploration
604-629-2348
info@constantinemetals.com
www.constantinemetals.com

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