Capstone Mining Reschedules 2009 Earnings News Release & Conference Call
VANCOUVER, March 15 /PRNewswire-FirstCall/ - Capstone Mining Corp (CS : TSX) today announced that it has rescheduled the release of their 2009 audited annual financial results, as well as the related conference call. The audited 2009 annual results will be released after market close on Monday, March 22nd, and the conference call will now take place on Tuesday, March 23rd. Full details of the conference call and live audio webcast are as follows:
Date: Tuesday, March 23, 2010 Time: 8:30 AM Pacific Time (11:30 AM Eastern Time) Dial in: North America - 1.888.231.8191, International - 1.647.427.7450 Webcast: www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2937660 Replay: North America - 1.800.642.1687, International - 1.416.849.0833 Replay Pass code: 51468567
About Capstone
Capstone owns and operates two high grade copper mines and has an advanced high grade copper-zinc development project, all located in favourable mining jurisdictions in North America. The Cozamin Mine is a high grade, relatively shallow, mechanized underground copper mine in Zacatecas, Mexico, with significant by-product credits of zinc, lead and silver. The Minto Mine is one of the world's highest grade open pit copper-gold mines, and is located in the Yukon, Canada. Both mines have recently undergone significant production expansions and the mines are forecast to produce a total of 90-100 million pounds of copper in concentrate in 2010 at a total cash cost of approximately US$1.10 to $1.20 per pound of payable copper, net of by-product credits and selling costs. In addition, Capstone owns the high grade Kutcho Copper Project in British Columbia, Canada, which is being advanced towards a production decision, and could produce significant by-products of zinc, silver and gold.
Capstone aims to grow both organically through its existing projects, and through mergers and acquisitions. Capstone's growth ambitions are backed up by a successful track record of growth through both avenues, and supported by a strong balance sheet and significant equity investments.
The TSX does not accept any responsibility for the adequacy or accuracy of this press release.
SOURCE Capstone Mining Corp.
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