THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS
AGENCIES


Century Iron Mines Corporation ("Century" or "Century Iron" or the "Company")
(TSX:FER) announced today that subsequent to its news release dated March 3,
2014, it has filed a National Instrument 43-101 Technical Report on SEDAR for
its Joyce Lake DSO Project. This NI 43-101 report represents a 143% increase in
the measured and indicated resource estimate for the Joyce Lake DSO Project. A
copy of the Technical Report, dated April 17, 2014, is available under Century's
SEDAR profile at www.sedar.com and will be posted on Century's website at
www.centuryiron.com.


Joyce Lake DSO Project 

The Joyce Lake DSO Project is part of Century's Attikamagen Property. The
Attikamagen Property consists of 1,087 claims straddling the boundary between
the Provinces of Quebec and Newfoundland and Labrador. The Joyce Lake property
consists of 682 claims located in Newfoundland and Labrador. The Attikamagen
Property covers an area of approximately 36,142 hectares and is located
approximately 20 kilometres northeast of Schefferville, Quebec. 


About Century 

Century is an iron exploration and development company in Canada. The Company
has significant interests in the prolific iron ore-producing region of the
Labrador Trough in eastern Quebec and western Newfoundland and Labrador, and
several properties in western Quebec. Century has two key strategic partners,
WISCO International Resources Development & Investment Limited ("WISCO") and
Minmetals Exploration & Development (Luxembourg) Limited S.ar.l., both Chinese
state-owned enterprises. Each provides financial resources and technical
expertise assisting the Company to advance its projects to production.


Century has interests in the following mineral exploration projects located in
the Provinces of Quebec and Newfoundland and Labrador:




--  The Attikamagen Lake Project in which Labec Century Iron Ore Inc.
    ("Labec Century") owns a 100% interest. Labec Century is a joint venture
    company owned by Century as to 60% and by WISCO as to 40%. The Joyce
    Lake DSO Project is in the development stage and it is the most advanced
    of all deposits with a NI 43-101 Mineral Resource Estimate completed
    April 17, 2014 (which is the subject of this news release) as well as a
    preliminary economic assessment completed and filed May 8, 2013. All
    documents have been filed on SEDAR and on the Company's website; 
--  The Sunny Lake Project, which is operated by a joint venture between
    Century and WISCO under the Sunny Lake Joint Venture Agreement. WISCO
    has the right to earn up to a 40% interest in the Sunny Lake Project; 
--  The Duncan Lake Project in which Century currently has earned a 65%
    interest under an option and joint venture agreement with Augyva Mining
    Resources Inc. (TSX VENTURE:AUV). Century has entered into a Joint
    Venture Framework Agreement with WISCO pursuant to which WISCO may earn
    a 40% joint venture interest in Century's interest in the Duncan Lake
    Project; and 
--  The Astray, Grenville, Menihek and Schefferville West projects acquired
    from Altius Minerals Corporation (TSX:ALS). These projects are 100%
    owned by Century, except that Century has sold 80% of its interest in
    most of the Astray project and retained a 20% interest. 



The Company's mission is to enhance shareholder value through the development of
iron projects in Canada and to become a major Canadian iron ore producer.
Century Iron's website is: www.centuryiron.com.


CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION

This news release contains forward-looking statements under applicable
securities laws. Forward-looking statements are statements that relate to
future, not past events. In this context, forward-looking statements often
address expected future business and financial performance, and often contain
words such as "anticipate", "believe", "plan", "estimate", "expect", and
"intend", statements that an action or event "may", "might", "could", "should",
or "will" be taken or occur, or other similar expressions. All statements, other
than statements of historical fact, included herein including, without
limitation; statements about future exploration and development of, and
production from, the Joyce Lake DSO Project, and future exploration on and the
development of the Joyce Lake DSO Project are forward-looking statements. By
their nature, forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause our actual results, performance
or achievements, or other future events, to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements. Such factors include, among others, the following
risks: the need for additional financing; operational risks associated with
mineral exploration and development; the possibility that the test work may not
be demonstrated on a larger scale; the need for permits; fluctuations in
commodity prices; title matters; environmental liability claims and insurance;
reliance on key personnel; the potential for conflicts of interest among certain
officers, directors or promoters with certain other projects; the inability to
conclude contracts for rail, port and power infrastructure; disputes with First
Nations groups; the absence of dividends; competition; dilution; the volatility
of our common share price and volume and the additional risks identified in the
"Risk Factors" section of the Company's Annual Information Form for the year
ended March 31, 2013, other reports and filings with the Toronto Stock Exchange
(TSX) and applicable Canadian securities regulations. Forward-looking statements
are made based on management's beliefs, estimates and opinions on the date that
statements are made.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Bob Leshchyshen, MBA, CFA
Vice-President, Corporate Development
& Investor Relations
416-977-3188, ext. 109
bob.leshchyshen@centuryiron.com


CHF Investor Relations
Robin Cook
Senior Account Manager
416-868-1079, ext. 228
robin@chfir.com