Capstone Reports Fatality at Cozamin Mine, Zacatecas, Mexico

Operating Activities Temporarily Suspended

VANCOUVER, British Columbia, November 28, 2010 - Capstone Mining Corp. (CS: TSX) regrets to report that a fatal accident
occurred at its Cozamin Mine on the morning of November 24, 2010, when a
miner was trapped in a piece of equipment during a rock fall incident.
Intensive rescue operations were carried out over the two days following the
incident and the victim was recovered and pronounced dead at the scene on the
evening of November 26. Authorities have determined that the incident was an
accident.

Capstone is committed to the highest safety standards at each of its
operations and regrets that these efforts did not prevent this incident. The
rock fall occurred in an area with extensive roof bolting and the operator
was in an approved area for the equipment to operate. As a result of the
accident, Capstone has suspended mining operations at Cozamin pending a
review of rock support and pre-work inspection standards throughout the mine
with support from independent consultants. Mining operations will commence on
a gradual basis as reviews of each of the areas of the mine are completed and
any additional safety measures are fully implemented. The operations are
expected to return to capacity over the next seven to ten days. This accident
will affect overall production for the Cozamin Mine, but the safety of
Capstone's workers comes first. Additional guidance will be provided once
production resumes.

"Capstone and its employees at the Cozamin Mine are focused on safety
each and every day," said Gregg Bush, COO of Capstone Mining Corp. "This
tragic accident is a terrible shock to everyone and we extend our heartfelt
sympathy to the family of our employee. In order to ensure that such an
accident cannot occur again, we are making every effort to ensure safe
working conditions by inspecting all working areas before any work
recommences."

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.

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 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 mineral 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.

For further information: Darren Pylot, Vice Chairman & CEO, Gregg Bush,
COO, 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: Darren Pylot, Vice Chairman & CEO, Gregg Bush, COO, Or Investor Relations' Jason Howe at +1-604-684-8894 or +1-866-684-8894 or e-mail Capstone at info at capstonemining.com