Hornet Creek Copper-Gold Property Acquired In Idaho

VANCOUVER - Constantine Metal Resources Ltd. reported an agreement to acquire a 100% interest in the 3,016 acres (1221 hectares) Hornet Creek property located in the Hornet Creek mining district of west-central Idaho. The Hornet Creek property is located within the Blue Mountains region that is host to several gold-enriched volcanogenic massive sulphide ("VMS") prospects and deposits that are considered to be similar in age to Constantine's Palmer project deposits in southeast Alaska. The Property is situated in an area with excellent access and infrastructure, and is amenable to year round exploration. Primary industries within the region currently include logging and ranching, with active mining occurring as recently as the mid-1980s at the nearby Iron Dyke high-grade copper-gold mine.

"The Hornet Creek property is a classic, large scale VMS system that has had very little exploration over the past 40 years" said, Garfield MacVeigh, President and CEO. "The system is strongly zoned both laterally and vertically on a large scale with indications of a large untested copper-rich footwall mineralized zone below existing drilling. This zone may be tied to stratigraphically lower VMS mineralization and a potential link to a copper-gold porphyry system. Constantine has significant expertise exploring VMS deposits and is pleased with the addition of this new asset to the Company's portfolio of high quality gold and copper projects.