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Gold/Mining/Energy : Century Mining Corporation

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From: NYBob111/30/2006 1:20:39 PM
   of 545
 
Century Mining Corporation - NEWS -



BLAINE, WASHINGTON--(CCNMatthews - Nov. 29, 2006) -

Century Mining Corporation -
(TSX VENTURE:CMM)
announces today that there has been an unusually high volume
of the Company's shares traded in the last 10 days.
The daily average number of shares traded in this period
is 386,792 shares, an increase of 35% from October's
daily average of 285,923 shares.

In October, the Company issued the final tranche of
2,054,195 shares to the trustee in bankruptcy for fees
and to approximately 90 unsecured trade creditors as
part of the purchase price when the Company purchased
the Sigma -
Lamaque assets in September of 2004.

The Company believes that a large number of these shares
have been sold in the market since November 15,
the date the unsecured creditors received their shares,
to realize cash value.

The Company is not aware of any other developments
that would explain the high trading volumes.

Margaret M. Kent, Chairman, President & C.E.O.

Caution Concerning Forward-Looking Information

This press release contains forward-looking information
---with Canadian securities regulatory authorities and available at www.sedar.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Century Mining Corporation
Brent Jones
Manager of Investor Relations
1-877-284-6535 or (360) 332-4653

Email: bjones@centurymining.com

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