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buenos aires high quality environmental copper mine crushing production line

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Capstone Mining Corp. ("Capstone" or the "Company") (TSX:CS) provides a corporate update including 2021 production and capital guidance, project and exploration updates and executive leadership announcements. Capstone’s 2020 actual production finished above the highest end of the 140 to 155 million pounds guidance range and actual costs below the bottom end of $1.85 to $2.00 per pound of payable copper. The Company will further expand on 2020 results when it releases 2020 fourth quarter results on Wednesday, February 24, 2021 before market open, followed by an investor webcast and conference call at 11:30 am Eastern Time

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capstone advances two operational growth projects to

"This is the first year of a multi-year growth phase for Capstone that will target 40% higher production with 15% lower costs by 2022, compared to last year’s guidance," said Darren Pylot, President and CEO. "In the coming weeks, we will close the $150 million silver stream announced last month with Wheaton Precious Metals and it will allow Capstone to become debt free in 2021, while operating in this strong copper price environment. I am also pleased to announce the appointment of Brad Mercer to Chief Operating Officer, as he has been instrumental in leading Cozamin’s success in exploration and expansion, and will now have expanded responsibility for both Cozamin and Pinto Valley operations."

Brad Mercer, SVP and Chief Operating Officer said, "We have high impact, high return projects at each operation to advance this year. At Cozamin, we will release a pillar extraction study and new mine plan shortly, and following that our paste backfill and dry stack tailings project will officially commence. At Pinto Valley, the Eriez HydroFloat project is in final stage gate review following pilot plant testing which surpassed our 6% improvement target to overall copper recovery. This test gave us a sneak peak of where we want to get to in 2022; for the month of December, Pinto Valley averaged a record 60,717 tonnes per day."

Darren Pylot continued, "I am pleased to announce we have extended our exclusive discussions with Puerto Ventanas on a port and rail definitive agreement partnership for the Santo Domingo project. This, coupled with a possible gold stream, will significantly reduce the remaining capital needed as we advance discussions with potential strategic partners over the next six months."

capstone advances two operational growth projects to

At Cozamin, the one-way ramp connection was completed in December which will lead to a 30% increase in mining rates to 3,800 tonnes per day ("tpd"), supported by a higher grade mine plan, which will deliver 50 million pounds of copper production and higher moving forward

At Pinto Valley, Phase 1 of the PV3 Optimization was executed and the result of improved blast fragmentation in the mine, increased online time in the crushing plant, and higher mill throughput has translated to sustainable gains in overall performance. In 2021, Capstone expects mill throughput to average 56,000-57,000 tpd, which is a 10% increase in throughput from 2019 levels, and is targeting an increase to 60,000 to 63,000 tpd by 2022 following Phase 2 of PV3 Optimization work this year. The $20 million of expansionary work this year includes the replacement of another secondary crusher with 50% more capacity, upgrades to conveyors in the fine crushing plant, a mill shell replacement and upgrades to the tailings thickeners to improve water reclaim capability. All the PV3 Optimization projects will be included in an updated 43-101 Technical Report for Pinto Valley in H2 2021

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group ten drills high-grade nickel sulphide in 455 meters

VANCOUVER, BC / ACCESSWIRE / March 3, 2021 / Group Ten Metals Inc. (TSXV:PGE)(OTCQB:PGEZF)(FSE:5D32) (the 'Company' or 'Group Ten') is pleased to announce results from the 2020 drill campaign at the Chrome Mountain target area of the Company's flagship Stillwater West Platinum Group Element ('PGE')-Ni-Cu-Co + Au project in Montana, USA

Intervals from 120 to 530 meters of continuous nickel and copper sulphide mineralization, enriched in palladium, platinum, rhodium, gold, and cobalt, were intercepted in the five drill holes starting at or near surface, with each hole also encountering higher-grade intervals over widths of 50 to 150 meters in addition to more selective high-grade intervals. These results further demonstrate the potential for multiple, large-scale, bulk tonnage 'Platreef-style' horizons of battery metals and PGEs within the lower Stillwater complex, based on known parallels with South Africa's Bushveld complex

Work in 2020 included a five-hole, 1,822-meter (5,979 foot) drill campaign which focused on the Chrome Mountain target area, in follow-up to the previous campaigns which focused on the HGR and Camp target areas. The Company's drilling to date has had the primary objectives of driving the conversion of drill-defined mineralized zones towards formal mineral resources while also expanding areas of known mineralization at priority target areas. 2020 Chrome Mountain drill results are now being incorporated into 3D block models to progress the generation of formal mineral resources in parallel to the work underway at the HGR and Camp target areas, with an expected release of maiden resources for all three target areas by mid-2021

CM2020-04 returned strong mineralization across its entire length with 455 meters of 1.13 g/t Total Platinum Equivalent ('TotPtEq'), or 0.25% Total Nickel Equivalent ('TotNiEq'), starting at surface with multiple well-mineralized intervals that include two horizons of previously unidentified nickel sulphide mineralization of 8.5 meters of 8.20 g/t TotPtEq (or 1.79% TotNiEq) within a broader intercept of 54 meters of 2.58 g/t TotPtEq (0.57% TotNiEq) and, separately, 60 meters of 2.22 g/t TotPtEq (0.48% TotNiEq)

group ten drills high-grade nickel sulphide in 455 meters

CM2020-02 returned 126 meters of 1.33 g/t TotPtEq (0.29% TotNiEq) with multiple PGE-rich intervals including 24 meters of 2.76 g/t TotPtEq (0.60% TotNiEq), 6.1 meters of 4.50 g/t TotPtEq (0.98% TotNiEq), and 15 meters of 2.61 g/t TotPtEq (0.57% TotNiEq)

CM2020-01 returned 533 meters of 0.76 g/t TotPtEq (0.17% TotNiEq) for a total of 405 gram-meter TotPtEq grade-thickness, starting at surface and including 130 meters of 0.96 g/t TotPtEq (0.21% TotNiEq)

canada's lundin group sees argentine gold and silvermine

BUENOS AIRES, Feb 24 (Reuters) - Canadian mining group Lundin plans to begin operating its Argentine silver-gold-copper project Josemaria in 2026, after an investment of $ 3.09 billion, a company spokesman told Reuters on Wednesday

Argentina is pointed out by many experts as a country with great untapped mineral wealth, mainly along the Andes mountain range. If San Juan province approves an environmental study this year, as expected, construction of the mine will begin in 2022

“In 2021 the approval of the environmental impact report is expected”, said Ivan Grgic, head of institutional relations for the Josemaría Project. “The approvals will allow the start in 2022. The projection is to operate the mine commercially from 2026,” Grgic added