Vancouver, B.C. – Constantine Metal Resources Ltd. (TSX Venture- CEM) (“Constantine” or the “Company”) announces the issuance of 390,000 stock options to purchase 390,000 shares of the Company at an exercise price of 0.57 cents per share, expiring February 18, 2013. The stock options are being issued to directors, officers, employees and consultants of the Company.
The Company owns the Palmer project, a world class base metal exploration opportunity in a very accessible part of southeast Alaska, where it has made a new high-grade gold-silver rich massive sulphide discovery. Constantine also owns 100% of the Munro-Croesus Gold property, including the former high-grade Croesus Gold mine, consisting of 22 patented mining claims and leases (416 hectares), located 75 kilometers east of Timmins, Ontario and within the influence of the prolific Porcupine-Destor Deformation Zone.
Please visit the Company’s website (www.constantinemetals.com) for more detailed company and project information.
Aris Morfopoulos, Chief Financial Officer
Telephone: (604) 629-2348
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the information contained herein.
Forward-looking statements: Certain disclosures in this release, including management’s assessment of Constantine’s plans and projects, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to Constantine’s operation as a mineral exploration company that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. Constantine expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.