Castle Mountain Mining Company Limited (TSX VENTURE:CMM): is pleased to
announce, further to its press release dated July 7, 2014, that it has selected
M3 Engineering and Technology Corp. (M3) to be the lead consultant on the
feasibility study for its Castle Mountain Mine. M3 has provided services for
over 9500 projects for some 1000 clients in its 28-year history, including 500
major mine facility studies.


"The selection of a company of the caliber of M3 shows our commitment to
delivering a feasibility study of the highest quality, we have no doubt that it
will be delivered on time and maximize the value of the project for our
shareholders. Further to this, the appointment of Warren Woods to the position
of Vice President Operations and Chief Operating Officer adds to the expertise
and experience on the Castle Mountain team and to the advancement of the Castle
Mountain project," said Gordon McCreary, President & CEO. "Warren's experience
in operations, specifically the development and operations of heap leach mines
is a tremendous addition to the Company and will ensure that we have a sound,
well-designed and practical project as we advance our studies and move into the
construction phase. Our ability to attract such a high caliber individual shows
the strength of the project and the quality of the existing management team."


Warren Woods

Mr. Woods joined Castle Mountain in early 2014 as a consultant fulfilling the
role of General Manger of Operations and he now logically transitions to VP
Operations & COO. Prior to Castle Mountain Warren was at Allied Nevada Gold
Corp. where he had joined as Vice President and General Manager of the Hycroft
Mine in 2008. He was responsible for bringing the Hycroft Mine out of care and
maintenance and into operating mode. Starting out with an annual budget of under
$40mm in 2009 and 168 employees he took the operation to 415 employees by 2013.
Mine production increased from 40,000 tons per day to 230,000 tons per day in
that same period. Warren oversaw the upgrading of all systems and facilities
including the expansion of the leach pad by 12 million square feet.


Prior to joining Allied Nevada Mr. Woods spent a number of years with NovaGold
as both General Manager of Nome Operations and Mine Manager at the Rock Creek
Mine in Nome, Alaska. During his tenure with NovaGold he led the startup of the
100,000 ounce per year Rock Creek operation from site. Before NovaGold, Warren
spent 8 years from 1994 to 2002 working for the Fairbanks Gold Mining Corp (now
Kinross Gold Corporation) at the Fort Knox Mine in Fairbanks Alaska as Mine
Superintendent. Warren played a key role in successfully bringing this northern
open pit gold mine into operation.


Mr. Woods began his mining career in 1979 working in the ranks at Round Mountain
in Nevada for Round Mountain Mining Corporation (now operated by Kinross), where
he ultimately reached the position of Mine Manager before moving on to Fort Knox
in Alaska in 1994.


About Castle Mountain Mining Company

Subject to certain obligations, Castle Mountain Mining has 100% of the right,
title and beneficial interest in and to the Castle Mountain Venture, a
California general partnership, which owns the Castle Mountain property in San
Bernardino County, California. The Castle Mountain heap leach gold mine produced
over one million ounces of gold from 1992 to 2001, when mining was suspended due
to low gold prices.


The Castle Mountain Venture land holdings (7,458 acres total) include patented
claims (1,298 acres), and unpatented claims (6,160 acres). On December 11, 2013,
the Company filed the Technical Report for its maiden NI 43-101 mineral resource
estimate and on June 5 2014 filed the Technical Report for its Preliminary
Economic Assessment. Both documents are available on SEDAR at www.sedar.com and
on the Company's website at www.castlemountainmining.com. 


Castle Mountain Mining Company Limited, through its wholly owned subsidiaries
including Castle Mountain Venture, is focused on the exploration and, if
warranted, development of deposits in San Bernardino County, California. The
principal gold mineralization identified to date within the Project are below
and surrounding the historically mined pits on the property including the Oro
Belle-Hart Tunnel, Jumbo, and Lesley Anne-Jumbo South pits, as well as in the
South Domes area.


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 press release. 


Forward-Looking Statements 

Statements contained in this press release that are not historical facts are
"forward-looking information" or "forward-looking statements" (collectively,
"Forward-Looking Information") within the meaning of applicable Canadian
securities legislation and the United States Private Securities Litigation
Reform Act of 1995. Forward Looking Information includes, but is not limited to,
disclosure regarding the drilling program; the timing and costs of future
development and exploration activities on the Company's properties; success of
development and exploration activities; time lines for technical reports and
further studies, including a prefeasibility or feasibility study; and planned
exploration and development of properties and the results thereof. In certain
cases, Forward-Looking Information can be identified by the use of words and
phrases such as "plans", "expects" or "does not expect", "is expected", budget",
"scheduled", "suggest", "optimize", "estimates", "forecasts", "intends",
"anticipates", "potential" or "does not anticipate", believes", "anomalous" or
variations of such words and phrases or statements that certain actions, events
or results "may", "could", "would", "might" or "will be taken", "occur" or "be
achieved". In making the forward-looking statements in this press release, the
Company has applied several material assumptions, including, but not limited to,
that the current development, exploration and other objectives concerning the
Castle Mountain Project can be achieved and that its other corporate activities
will proceed as expected; that the current price and demand for gold will be
sustained or will improve; that general business and economic conditions will
not change in a materially adverse manner and that all necessary governmental
approvals for the planned exploration on the Castle Mountain Project will be
obtained in a timely manner and on acceptable terms; the continuity of the price
of gold and other metals, economic and political conditions and operations.
Forward-Looking Information involves known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of
the Company to be materially different from any future results, performance or
achievements expressed or implied by the Forward-Looking Information. Such risks
and other factors include, among others, risks inherent to the preliminary
nature of the preliminary economic assessment, risks related to permitting,
water availability, operating cost overruns, and capital cost overruns; risks
related to a sustained and significant reduction in gold prices; risks that the
metallurgical performance of different process feeds are not as anticipated;
risks related to the availability of financing on commercially reasonable terms
and the expected use of proceeds; operations and contractual obligations;

changes in development and exploration programs based upon results of
exploration; availability of third party contractors; availability of equipment;
failure of equipment to operate as anticipated; accidents, effects of weather
and other natural phenomena and other risks associated with the mineral
exploration industry; environmental risks, including environmental matters under
U.S. federal and California rules and regulations; impact of environmental
remediation requirements and the terms of existing and potential consent decrees
on the Company's planned development and exploration on the Castle Mountain
Project; certainty of mineral title; community relations; delays in obtaining
governmental approvals or financing; the Company's dependence on one mineral
project; the nature of mineral development, exploration and mining and the
uncertain commercial viability of certain mineral deposits; the Company's lack
of operating revenues; governmental regulations and the ability to obtain
necessary licenses and permits; risks related to mineral properties being
subject to prior unregistered agreements, transfers or claims and other defects
in title; currency fluctuations; changes in environmental laws and regulations
and changes in the application of standards pursuant to existing laws and
regulations which may increase costs of doing business and restrict operations;
risks related to dependence on key personnel; and estimates used in financial
statements proving to be incorrect; as well as those factors discussed in the
Company's public disclosure record and annual information form for the year
ended December 31, 2013 which is available on SEDAR at www.sedar.com. Although
the Company has attempted to identify important factors that could affect the
Company and may cause actual actions, events or results to differ materially
from those described in Forward-Looking Information, there may be other factors
that cause actions, events or results not to be as anticipated, estimated or
intended. There can be no assurance that Forward-Looking Information will prove
to be accurate, as actual results and future events could differ materially from
those anticipated in such statements. Accordingly, readers should not place
undue reliance on Forward-Looking Information. Except as required by law, the
Company does not assume any obligation to release publicly any revisions to
Forward-Looking Information contained in this press release to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Castle Mountain Mining Company
Gordon McCreary
President and CEO
(416) 572-0152
gmccreary@castlemountainmining.com


Castle Mountain Mining Company
Fraser Buchan
VP Corporate Development
(416) 640-1933
fbuchan@83yonge.com
www.castlemountainmining.com

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