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

By Capstone Mining Corp., PRNE
Tuesday, November 16, 2010

VANCOUVER, November 17, 2010 - 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

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 at capstonemining.com

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