Constitution Mining Contracts AMEC Earth & Environmental to Support Development of the Gold Sands Project
Buenos Aires, Argentina - February 25, 2009 - Constitution Mining Corp. (CMIN.OB) announces that it is progressing with the identification of the gold potential at its Gold Sands project in the Manseriche District of northeastern Peru. A drill program is to commence in March of 2009 as part of a larger program of feasibility studies. As a consequence, there is an immediate need to ensure that the appropriate environmental studies and advanced permitting processes are initiated so as not to result in any undue delays in project development. Towards this end, AMEC Earth & Environmental and its local Peruvian subsidiary, AMEC (Peru) SA, have been contracted to assist CMIN's lead consultant, San Lorenzo SAC, with the establishment and commencement of environmental studies as well as the application of mining permits.
AMEC is one of the World's leading environmental and engineering consulting organizations with a strong reputation for technical excellence and innovation, and provides safe and sustainable solutions. On the Gold Sands project, AMEC is proceeding with both a DIA ("Declaracion de Impacto Ambiental") for a Category I permit as well as an EIAsd ("Estudio de Impacto Ambiental semidetallado") for a Category II permit. This will be followed-up with an environmental baseline study with a view to contributing towards the ESIA (Environmental and Social Impact Assessment) definitive report.
Constitution Mining CEO, Dr. Willem Fuchter commented: "A characteristic of Gold Sands-style deposits is that they can be rapidly developed; for this reason, we need to start with the advanced permitting processes now, so that we will be ready for the commencement of trial mining which could be initiated in as early as 18 months time if the drilling results match expectations."
Dr. Fuchter added, "It goes without saying that it's in all our best interests to be good stewards of the land and we will never knowingly contribute to the destruction of our environment. Moreover, we will only seek to develop gold deposits when that does not conflict with our mandate of working together with nature and preserving its beauty. We are therefore pleased to be working with AMEC who has an excellent reputation in providing safe and sustainable solutions."
About Constitution Mining Corp.
Constitution Mining intends to consistently increase the amount of honest money - gold and silver - underlying the number of shares the company has outstanding. The company's primary area of focus to create this value is the rapidly developing region known as the "Gold Sands of Peru", where it has optioned 382km2 (229 square miles) of mining properties - the largest property holdings in the district. The Gold Sands of Peru have been formed by the erosion of the gold-rich hinterland. For millions of years two major rivers systems have been carving their way through the gold-rich Andean mountains of Peru and Ecuador, depositing gold in loose gravels and sands - Gold Sands - below the Manseriche gorge in Northeastern, Peru. Privately funded historical drilling of more than 500 holes in a 'proof of concept' zone located on Constitution Mining's properties, indicates the potential for the region to contain many millions of ounces of alluvial gold. By utilizing new mining technologies that are both efficient and environmentally friendly, the experienced management of Constitution Mining fully intends to capitalize on this exciting opportunity to provide long-term value for all shareholders. Additional information about Constitution Mining Corp. may be obtained at www.ConstitutionMining.com.
On behalf of the Board:
Dr. Willem Fuchter, CEO Constitution Mining Corp.
www.ConstitutionMining.com
Investor Inquiries: North American Toll Free: 011-800-333-777-77 European Toll Free: 00-800-333-777-77 email: info@ConstitutionMining.com
Disclaimer: This release contains forward-looking statements that are based on the beliefs of Constitution Mining Corp. management and reflect Constitution Mining Corp. current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. When used in this release, the words "estimate, "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward-looking statements. Such statements reflect the current views of Constitution Mining Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date indicated in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. To the extent permitted by law, Constitution Mining Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission.
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