Vancouver - Capitan Mining Inc. (TSXV: CAPT) ('Capitan' or the 'Company') is pleased to report results for five reverse-circulation (RC) drill holes from the Capitan oxide-gold deposit, at its 100%-owned Penoles project in Durango, Mexico.

Highlights

All drill holes successfully intersected both the main Capitan zone and the Hanging Wall zone

Hole 21-CARC-40 returned 76.2m of 0.4 g/t Aueq including 18.3m of 0.70 g/t Aueq

Hole 21-CARC-39 intersected wide zones of gold mineralization over multiple intervals, with 161 of 292.6m drilled returning gold mineralization

Hole 21-CARC-39 extended the main Capitan zone approximately 200m down-dip on section 50

The Capitan gold zone remains open both down-dip and on-strike in the southeast portion of the deposit

About Capitan Mining Inc.

Capitan Mining is a well-funded junior exploration company focused on its 100% owned gold and silver Penoles Project in Durango, Mexico. The company is led by a management team that has successfully advanced and developed several heap leach operations in Mexico over the past 16 years.

Contact:

Alberto Orozco

Tel: (778) 327-6671

Fax: (778) 327-6675

Email: info@capitanmining.com

Web: www.capitanmining.com

Certain statements in this press release may be considered forward-looking information. These statements can be identified by the use of forward-looking terminology (e.g., 'expect',' estimates', 'intends', 'anticipates', 'believes', 'plans'). Such information involves known and unknown risks-including the availability of funds, the results of financing and exploration activities, the interpretation of exploration results and other geological data, or unanticipated costs and expenses and other risks identified by Capitan in its public securities filings that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

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