Capstone Reports Additional High Grade Intercepts & Expanded Drill Program at Minto North

VANCOUVER - Hole 09SWC408 Intercepts 2.3% Cu Over 26.7m (Including 4.5% Cu Over 5.1m)

- Plus a Second Zone Averaging 2.2% Cu Over 12.5m (Including 7.7% Cu Over 2.7m)

Capstone Mining Corporation (CS: TSX) today announced additional high grade copper-gold intercepts from five new exploration drill holes completed at its Minto Mine in the Yukon. Drilling at the “Minto North” target, located approximately 600 metres north-northwest of the current open pit mining area, now totals 31 holes completed to date, eight of which have been released (including those in this release). This drill program appears to have delineated the initial boundaries of the discovery area, which appears to be fault bounded. Significant additional potential remains to be evaluated in the northern half of the Minto Mine property, both for extensions of mineralization across the fault boundaries and for other, similar zones.

Because of the high-grade nature and relatively shallow depth of the Minto North mineralization, similar in thickness and style to that found in the current open pit mining area, Capstone is prioritizing its evaluation of Minto North in 2009 by expanding the previously announced drill program so that Minto North can be advanced to a measured and indicated mineral resource standard before year end, as well as testing other targets in the area.

The Minto North discovery is typified by bornite-rich, high-grade copper-gold mineralization. Highlights of assays from the most recent drill holes are summarized in the table immediately below and the full results for the five new holes are provided in the attached table.

Assay Highlights from Drill holes 09SWC-406 and 09SWC-408 ————————————————————————- Hole ID Target From To Interval Interval Copper Gold Silver Area (m) (m) (m) (ft) (%) (g/t) (g/t) ————————————————————————- 09SWC-406 Minto North 56.7 80.2 23.5 77.1 2.00 0.61 4.7 ————————————————————————- including 62.6 74.6 12.0 39.4 2.64 0.74 6.0 ————————————————————————- 09SWC-408 Minto 75.2 101.9 26.7 87.6 2.26 1.11 9.1 North ————————————————————————- including 89.5 98.2 8.7 28.5 3.60 1.65 15.4 ————————————————————————- and 131.3 143.8 12.5 41.0 2.19 2.74 14.2 ————————————————————————- including 137.9 142.8 4.9 16.1 4.65 6.48 31.5 ————————————————————————- Including 137.9 140.6 2.7 8.9 7.68 11.47 53.3 ————————————————————————-

“The Minto North discovery at Capstone’s Minto Mine continues to deliver very encouraging results,” said Stephen Quin, President & COO of Capstone. “Drilling completed subsequent to these results appears to have defined a fault-bounded block of mineralization at Minto North. There is still tremendous potential for extensions of the mineralization across these faults that have yet to be tested and for further, new discoveries of high-grade copper mineralization in other areas of the poorly evaluated northern half of the Minto Mine property. This potential has encouraged us to expand the 2009 exploration program in order to advance Minto North to a measured and indicated mineral resource, and to test other similar exploration targets in the vicinity.”

Minto North Target

Mineralization at Minto North has now been outlined over an area measuring at least 200m by 125m in aerial extent. Approximately 5,000m of drilling in 31 diamond drill holes on a roughly 40m by 40m pattern have been completed to date. For mineral resource estimation purposes, Capstone intends to infill this pattern when drilling resumes in June to give a minimum of 28m centers. In addition to this delineation program, each of six to eight other, similar magnetic targets, located within 1.5 kilometres of Minto North and no more than 1.5 kilometres from the current open pit mining area, will be tested with at least one drill hole. All of these targets are located north of the DEF fault, in a very much under explored region of the property. Until the discovery of Minto North, the exploration potential north of the DEF fault was thought to be limited.

Drilling has now ceased for spring break-up. In addition to the approximately 15,000m of drilling completed to date, a further 9,000m of additional drilling is planned, bringing the 2009 exploration program to an aggregate of 24,000m completed and planned. Drilling on the expanded program is expected to resume in June 2009.

For current drill hole locations please view the accompanying map:

www.capstonemining.com/_resources/images/2009_13_CS_Current_Drill_ Hole_Locations.jpg

For a current view of drill results in priority areas across the property please view the accompanying map:

www.capstonemining.com/_resources/images/2009_13_CS_Drill_ Results_Priority_Areas.jpg

For an inset view of drill results at Minto North please view the accompanying map.

www.capstonemining.com/_resources/images/2009_13_CS_Minto_North_ Inset.jpg

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The TSX does not accept any responsibility for the adequacy or accuracy of this press release.

Quality Assurance

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and reviewed by Stephen P. Quin, P. Geo., President & COO for Capstone Mining Corporation. The exploration activities at the Minto project site are carried out under the supervision of Brad Mercer, P. Geol., V.P. Exploration (Canada) for Capstone.

The analytical method for the copper and silver analyses is aqua regia digestion of the samples followed by atomic absorption spectroscopy. Gold is analysed by fire assay fusion with atomic absorption spectroscopy finish for gold. Analyses are carried out by ALS Chemex in North Vancouver. When visible gold is noted in drill core samples or regular fire assay values appear abnormally high, the pulp and screen metallic assay method is used to determine the total gold content and gold contents of different size fractions. This is considered industry best practice when dealing with coarse gold mineralization where a nugget effect is suspected. This determination is accepted as the most representative value and is used in the assay database for resource calculations. Blank and standard samples are used for quality assurance and quality control. Where more than two check samples assay outside expected ranges, the entire batch is re-assayed. After the completion of planned drill programs at Minto, random check assays will be carried out by Acme Analytical of Vancouver.

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. (hereinafter referred to as the “Company”) do not intend, and do not assume any obligation, to update these forward-looking statements.

Forward-looking statements relate to future events or future performance and reflect Company management’s expectations or beliefs regarding future events and include, but are not limited to, statements with respect to the estimation of mineral reserves and mineral resources, the realization of mineral reserve estimates, the timing and amount of estimated future production, costs of production, capital expenditures, success of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims and limitations on insurance coverage. In certain cases, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative of these terms or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of resources; possible variations in ore reserves, grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of development or construction activities; as well as those factors detailed from time to time in the Company’s interim and annual financial statements and management’s discussion and analysis of those statements, all of which are filed and available for review on SEDAR at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.

Accordingly, readers should not place undue reliance on forward looking statements.

Details of Drill Results ———————— To accompany Capstone Mining News Release Dated April 14, 2009 ————————————————————————- Hole ID Target From To Interval Interval Copper Gold Silver & Interval (m) (m) (m)(x) (feet)(x) (%) (g/t) (g/t) ————————————————————————- 09SWC-390 Minto Assays Previously Released & 09SWC- North 392-393 ————————————————————————- ————————————————————————- 09SWC-402 Minto North 45.2 72.8 27.6 90.6 0.98 0.24 2.9 ————————————————————————- and 104.4 106.9 2.5 8.2 0.89 0.44 4.5 ————————————————————————- ————————————————————————- 09SWC-404 Minto North 63.6 86.4 22.8 74.8 1.20 0.42 3.2 ————————————————————————- including 72.2 76.1 3.9 12.8 1.71 0.79 4.0 ————————————————————————- and 104.6 112.7 8.1 26.6 1.10 0.64 6.5 ————————————————————————- including 107.7 109.9 2.2 7.2 2.82 1.69 15.1 ————————————————————————- ————————————————————————- 09SWC-406 Minto North 56.7 80.2 23.5 77.1 2.00 0.61 4.7 ————————————————————————- including 62.6 74.6 12.0 39.4 2.64 0.74 6.0 ————————————————————————- ————————————————————————- 09SWC-408 Minto North 75.2 101.9 26.7 87.6 2.26 1.11 9.1 ————————————————————————- including 78.9 96.8 17.9 58.7 2.86 1.34 11.6 ————————————————————————- including 89.5 98.2 8.7 28.5 3.60 1.65 15.4 ————————————————————————- including 89.5 94.6 5.1 16.7 4.50 1.56 19.4 ————————————————————————- and 131.3 143.8 12.5 41.0 2.19 2.74 14.2 ————————————————————————- including 137.9 142.8 4.9 16.1 4.65 6.48 31.5 ————————————————————————- including 137.9 140.6 2.7 8.9 7.68 11.47 53.3 ————————————————————————- ————————————————————————- 09SWC-410 Minto No significant intersections North ————————————————————————- (x)Based upon current interpretations the intersected interval is believed to be at or close to the true thickness.

For further information: about Capstone, please contact: Darren Pylot, Vice Chairman & CEO, Stephen Quin, President & COO Or Investor Relations’ Mark Patchett at +1-604-684-8894 or +1-866-684-8894, info@capstonemining.com

Source: Capstone Mining Corp.

For further information: about Capstone, please contact: Darren Pylot, Vice Chairman & CEO, Stephen Quin, President & COO Or Investor Relations’ Mark Patchett at +1-604-684-8894 or +1-866-684-8894, info at capstonemining.com