Capstone Realizes C$31 Million on its Investment in Nevada Copper

VANCOUVER, November 17, 2010 /PRNewswire-FirstCall/ — Capstone Mining
Corp. (CS: TSX) today announced that it had realized on its entire investment
in Nevada Copper Corp. (NCU: TSX). Capstone recently sold 7,670,031 shares of
NCU at an average price of C$4.04 per share for total proceeds of
approximately C$31 million. The average cost of the 7,670,031 shares was
C$2.54 per share (resulting in an estimated C$11.5 million capital gain).

Forward-Looking Statements

This document may contain “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”). These
forward-looking statements are made as of the date of this document and
Capstone Mining Corp. does not intend, and does not assume any obligation, to
update these forward-looking statements, except as required under applicable
securities legislation.

For further information about Capstone, please contact:

Darren Pylot, Vice Chairman & CEO, Stephen Quin, President Or Investor
Relations’ Jason Howe at +1-604-684-8894 or +1-866-684-8894 Or e-mail
Capstone at info@capstonemining.com

SOURCE Capstone Mining Corp.