Capstone Reports Change to its Board

VANCOUVER, April 14, 2011 - Capstone Mining Corp. (TSX: CS) announced that D. Bruce McLeod has
tendered his resignation as a Director of the Company.

Mr. McLeod has indicated he wishes to devote more time to his role as
President and CEO of Creston Moly Corp. Following completion of the proposed
transaction between Creston Moly Corp. and Mercator Minerals Ltd., Mr. McLeod
is slated to become the President and CEO of Mercator Minerals Ltd.

"Bruce has made a significant contribution to the Board of Capstone and
its predecessor, Sherwood Copper, where he was co-founder and Executive
Chairman," said Darren Pylot, President and CEO of Capstone. "All of us at
Capstone have benefited greatly from Bruce's guidance as we have moved
Capstone forward, and I speak on behalf of the entire team in wishing him the
very best."

Cautionary Note Regarding Forward-Looking Information

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. (the "Company") 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:

    Capstone Mining Corp.
    Cindy Burnett, VP, Investor Relations
    Telephone: +1-604-637-8157
    Email: cburnett@capstonemining.com

Website: www.capstonemining.com

For further information: Capstone Mining Corp., Cindy Burnett, VP, Investor Relations, Telephone: +1-604-637-8157, Email: cburnett at capstonemining.com