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Constitution Mining: Drilling Begins at the Gold Sands in Peru

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BUENOS AIRES, ARGENTINA--(Marketwire - August 17, 2009) - Constitution Mining: Drilling
Begins at the Gold Sands in Peru Lima, Peru - August 14, 2009 -
Constitution Mining Corp. (CMIN.OB)
announces it has begun drilling the first of 500 holes planned for
its Gold Sands Project in northeastern Peru.
The objectives of the drill program are to:

* Confirm and define resources in the Discovery Area and
* Extend known mineralization over the rest of Constitution's 382
square kilometer (148 square mile) mineral holdings in the Gold
Sands.

During the next 18 months, Constitution Mining intends to drill 500
holes to depths of approximately 50 meters (164 feet). Of these, 200
holes will be dedicated to resource definition in the Discovery Zone
and will be drilled on a 100 meter x 100 meter grid. The Discovery
Zone holes are a step toward defining reserves that would support
trial mining operations beginning in about 24 months.

The remaining 300 holes will be drilled to extend the size of the
resource base by exploring for additional gold mineralization. The
300 exploratory holes will be widely spaced across the entire Gold
Sands district. The additional mineralization so outlined would be
defined further by follow-up, in-fill drilling at progressively
tighter spacing.

Constitution Mining CEO, Dr. Willem Fuchter commented: "Having
completed the preparations needed to gain the maximum data from every
drill dollar, we are pleased to announce that drilling has begun at
our Gold Sands project in northeastern Peru. Our preparation included
assembling a carefully balanced team of independent alluvial experts
to assist, manage and monitor the drilling and expanded development
of this opportunity."

Paul Johnson, of U.S.-based Johnson Drilling Company, is the lead
driller on Constitution's project. Mr. Johnson has extensive,
multi-continent experience in churn drilling, including a large
alluvial gold project in the Republic of Guinea. The work of Johnson
Drilling is being supported by MDS Drilling of Peru, under the
supervision of Dan Erasmus. Like Paul Johnson, Mr. Erasmus has a
broad background - particularly with respect to drilling and
shaft-sinking. His experience includes projects in Africa, Asia and
South America, including Peru.

Constitution's 500-hole drill program will be supplemented with a
modest pitting program to characterize the sands and gravels. This
will add to the understanding of the local controls to the gold
mineralization and will assist in evaluating the "diggability" and
"dredgability" of the gold-bearing sands and gravels.

Drill and pit samples will be reduced in the field to a concentrate
and then be transferred to Constitution's field laboratory in the
nearby town of Saramiriza. There the gold will be recovered from the
concentrate and precisely weighed. This work is under the direction
of a separate U.S.-based, independent consultant, John Hayes of
WorleyParsons. Mr. Hayes is a mining engineer with over 30 years of
experience in the exploration, development and operation of alluvial
deposits in Alaska, New Zealand and West Africa. He also has
consulted on gold sands-type projects in California, Oregon,
Colombia, Guinea and Ghana. Mr. Hayes' independent technical
expertise will support development of internationally acceptable
exploration results and reports in preparation for third-party
technical auditing by industry-renowned Scott Wilson Roscoe Postle
Associates of Canada.

Dr. Fuchter continued, "Based on our assessment of the potential for
this project to develop quite rapidly, Constitution has acquired an
additional drill to support the company's Bucyrus Erie 20W churn rig
- the one that is now drilling. This new Manual Banka 6"drill will be
used as a 'field scout' to test the gold mineralization beyond the
Discovery Zone and throughout the entire Gold Sands region. We have
also begun discussions to purchase a high-performance drill, such as
the Foremost DR-12 Dual Rotary rig, which we intend to have on
location before the end of Q4 2009."

"We look forward to announcing drill results shortly and building
long-term value for all our shareholders," added Dr. Fuchter.

About Constitution Mining Corp.

Our goal is to continuously increase the amount of gold underlying
each of our outstanding shares. To build such value, we are focusing
on the rapidly developing Gold Sands region of Peru, where we have
optioned 382 square kilometers (147.5 square miles) of mining
properties - the largest such block in the district.

The Gold Sands of Peru were laid down by eons of alluvial erosion.
For millions of years, the waters of the Santiago and the Maranon
rivers have been carving their way through the gold-rich mountain
canyons of the Andes, carrying off vast amounts of gold and
depositing much of the treasure in loose gravels and sands - Gold
Sands - below the Manseriche gorge in Northeastern Peru. There the
rivers reach a broad flood plain, slow to a crawl and release their
cargo.

Drilling results from more than 500 test holes in a 'proof of
concept' zone located on Constitution Mining's properties indicate
the presence of tens of millions of ounces of alluvial gold in the
region. We intend to capture the profit potential of that gold by
applying recently enhanced mining technologies that are especially
well suited to low-density, near-surface deposits. These green-mining
technologies are energy-efficient and environmentally friendly --
features that support their profitable use.

Further information about Constitution Mining Corp may be found at
www.ConstitutionMining.com.

On behalf of the Board:
Dr. Willem Fuchter, CEO
Constitution Mining Corp.

Disclaimer

This release contains forward-looking statements that are based on
the beliefs of Constitution Mining Corp. management and reflect
Constitution Mining Corp. current expectations as contemplated under
section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities and Exchange Act of 1934, as amended. When used
in this release, the words "estimate, "project," "believe,"
"anticipate," "intend," "expect," "plan," "predict," "may," "should,"
"will," "can," the negative of these words, or such other variations
thereon, or comparable terminology, are all intended to identify
forward-looking statements. Such statements reflect the current views
of Constitution Mining Corp. with respect to future events based on
currently available information and are subject to numerous
assumptions, risks and uncertainties, including, but not limited to,
risks and uncertainties pertaining to development of mining
properties, changes in economic conditions and other risks,
uncertainties and factors, which may cause the actual results,
performance, or achievement expressed or implied by such forward
looking statements to differ materially from the forward looking
statements. The information contained in this press release is
historical in nature, has not been updated, and is current only to
the date indicated in this press release. This information may no
longer be accurate and therefore you should not rely on the
information contained in this press release. To the extent permitted
by law, Constitution Mining Corp. and its employees, agents and
consultants exclude all liability for any loss or damage arising from
the use of, or reliance on, any such information, whether or not
caused by any negligent act or omission.

This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.

Copyright © Hugin AS 2009. All rights reserved.

 

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