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To: Goose94 who wrote (4508)	2/6/2014 8:31:05 PM
From: Goose94	Read Replies (1) \| Respond to of 202709

CMM-V new 52 week high, 84 cents.

To: Goose94 who wrote (4508)

1/19/2015 8:10:46 AM

From: Goose94

Read Replies (2) | Respond to of 202709

Castle Mountain Mining (CMM-V) Jan 19, '14 is pleased to announce results from the Company's fall 2014 Phase 2 drill campaign at the Castle Mountain Mine. Results from the campaign appear to have significantly expanded the unmined, very high-grade Lucky John Zone along strike, and discovered a possible high-grade extension at depth.

Additionally, drilling around the margins of the proposed JSLA pit continues to intersect broad intervals of gold mineralization increasing the likelihood that the strip ratio around this pit can be substantially reduced from that initially outlined in the Company's preliminary economic assessment entitled "Technical Report on the Preliminary Economic Assessment for the Castle Mountain Project, San Bernardino County, California" dated May 30, 2014 (the "PEA"). As well, initial testing of the backfill material in the previously mined out portions of the JSLA pit indicated broad intervals of backfill which are above the cut-off grades contemplated in the PEA, including 56.4 metres grading 0.65 g/t gold in hole CMM-048, which may allow portions of the backfill to be leached, and again decrease the strip ratio for the project.

Highlights from most recent Phase of the 2014 Drill Campaign include:

74.4 m of 9.11 g/t including 35.1 m of 18.97 g/t in hole CMM-060 33.3 m of 30.31 g/t including 10.6 m of 94.04 g/t in hole CMM-054 137.8 m of 1.5 g/t including 16.8 m of 3.07 g/t in hole CMM-018 79.2 m of 0.89 g/t including 23.8 m of 1.48 g/t in hole CMM-040 President and CEO, Gordon McCreary commented, "Holes 54 and 60 are amongst the very best of more than 1,800 drilled on the Castle Mountain property to date. Both holes were drilled in previously untested areas of the project. The holes, and a series of others from the current program, clearly indicate the exploration upside beyond the substantial gold resource currently defined on the property. The Company is planning a drill program to immediately follow up on these exciting and potentially game changing results."

Mr. McCreary continued, "Hole 60 bottomed in 2+ g/t gold mineralization, is open in multiple directions and mineralized at much greater depths than previously encountered. This strongly indicates to us the potential for a larger and deeper system than previously known. Our expectation is that further positive drill results will show the growth potential of the project, and validate our theory that the strip ratio will be driven lower through ongoing drilling, and our associated metallurgical test program."

All samples were tested for cyanide solubility, which is summarized in the Appendix. This work continues to indicate that even at depth the gold bearing sequence remains oxidized and readily leachable. The very high grade sections in holes CMM-060 and CMM-054 have cyanide solubility results of 78.3% and 80.3% respectively. This bodes well for leachability of the high-grade material, and for the overall recoveries of the operation.

The Phase 2 drill program included 37 total holes drilled for 10,136 metres split between Core (3,336 metres) and RC (6,800 metres) drilling. The larger PQ and a few of the HQ holes were drilled for metallurgical purposes while the remainder of the holes were laid out to test previously un-drilled areas or sparsely drilled areas within the existing pit shells. A majority of the holes encountered resource grade mineralization. The results of this program will be incorporated into the existing mineral resource and block models.

To view "Section A-A' (Lucky John-JSLA)" please visit: http://media3.marketwire.com/docs/CMM%20-%20Section%20A.pdf

To view "Section B-B' (Lucky John-JSLA)" please visit: http://media3.marketwire.com/docs/CMM%20-%20Section%20B.pdf

To view "Topographic Map Indicating Locations of Sections Above" please visit: http://media3.marketwire.com/docs/CMM-%20MAP.pdf

Kevin Kunkel CPG, Project Manager and Geologist for the Company, is a Qualified Person as defined by National Instrument 43-101 has reviewed and approved the contents of this press release. For additional information on quality assurance program and quality control measures applied during this program please refer to the PEA.

About Castle Mountain Mining Company Limited

Subject to certain obligations, Castle Mountain has 100% of the right, title and beneficial interest in and to the Castle Mountain Venture, a California general partnership, which owns the Castle Mountain property in San Bernardino County, California. The Castle Mountain heap leach gold mine produced over one million ounces of gold from 1992 to 2001, when mining was suspended due to low gold prices.

The Castle Mountain Venture land holdings (7,458 acres total) include patented claims (1,298 acres), and unpatented claims (6,160 acres). On December 11, 2013, the Company filed the Technical Report for its maiden NI 43-101 mineral resource estimate and on June 5, 2014 filed the PEA. Both documents are available on SEDAR at www.sedar.com and on the Company's website at www.castlemountainmining.com.

APPENDIX 1

Final Results From Phase 2 Drill Campaign

(Including 3 previously released holes. PEA cut-off grade 0.14 g/t, average grade 0.85 g/t).

Hole	Interval (meters)	Au Grade (g/t)	From (m)	To (m)	AuCN Ratio		Target Area		Total Depth (m)	Sample Type
CMM-012	21.0	0.54	204.0	225.0	79.5	%	Jumbo Pit		335.0	PQ Core
	42.7	0.53	232.9	275.5	75.0	%
CMM-013	19.8	0.42	0.0	19.8	95.9	%	Jumbo Pit		333.9	PQ Core
	53.3	0.59	175.0	228.3	77.8	%
	48.9	0.54	233.7	282.5	72.0	%
	17.4	0.37	292.3	309.7	61.3	%
CMM-014	102.1	7.46	94.2	196.3	78.1	%	Luck John		232.9	PQ Core
incl.	48.8	14.69	147.5	196.3	73.9	%
incl.	3.6	106.10	182.6	186.2	48.1	%
CMM-017	76.2	2.50	104.5	180.7	72.0	%	South JSLA		293.8	PQ Core
incl.	4.7	26.80	107.6	112.3	53.4	%
	84.1	0.50	186.5	270.7	85.5	%
	14.2	0.31	276.6	290.8	82.7	%
CMM-018	10.7	0.51	71.0	81.7	75.2	%	JSLA South Extension		279.5	HQ Core
	137.8	1.50	89.3	227.1	82.5	%
incl.	16.8	3.07	108.8	125.6	60.1	%
incl.	11.9	3.09	142.3	154.2	77.3	%
incl.	7.6	5.24	183.5	191.1	95.2	%
	7.6	0.44	234.7	242.3	81.2	%
	7.6	0.37	246.9	254.5	93.5	%
CMM-019	9.1	0.60	0.0	9.1	66.2	%	Jumbo Pit		304.8	RC
	19.8	0.68	13.7	33.5	94.0	%
	15.2	1.00	217.9	233.2	82.0	%
incl.	4.6	2.39	227.1	231.6	72.2	%
CMM-037	67.1	0.25	0.0	67.1	72.6	%	JSLA Backfill		380.1	RC/HQ Core Tail
	11.4	0.48	192.6	204.1	80.6	%	Core Tail
	4.3	0.29	208.1	212.4	87.3	%	JSLA Pit
CMM-038	12.2	0.22	1.5	13.7	87.3	%	JSLA Backfill		335.3	RC/HQ Core Tail
	13.7	0.21	33.5	47.2	93.0	%	JSLA Backfill
	45.7	0.23	62.5	108.2	83.6	%	JSLA Backfill
	9.1	0.21	120.4	129.5	93.6	%	JSLA Backfill
	7.6	0.25	181.4	189.0	80.3	%	JSLA Backfill
	28.3	0.32	192.6	220.9	84.0	%	Core Tail
	3.0	0.38	259.1	262.1	86.3	%	JSLA Pit
CMM-039	12.2	0.26	0.0	12.2	74.7	%	JSLA Backfill		266.7	RC/HQ Core Tail
	12.2	0.21	28.9	41.1	76.6	%
	15.2	0.30	64.0	79.2	78.8	%	(pre-collar	)
	3.0	0.49	115.8	118.8	79.2	%
	4.9	0.99	138.4	143.3	69.2	%	Core Tail
	3.0	0.50	220.1	223.1	66.5	%	JSLA Pit
CMM-040	9.3	0.41	112.1	121.5	93.3	%	Lucky John		244.1	HQ Core
	79.2	0.89	126.5	205.7	92.8	%
incl.	23.8	1.48	175.2	199.0	93.5	%
	33.2	0.28	208.8	242.0	93.2	%
CMM-041	6.1	0.35	7.6	13.7	85.0	%	JSLA Backfill		251.5	RC
	10.7	0.24	79.2	89.9	91.7	%	JSLA-East Ridge
	21.3	0.47	120.4	141.7	95.8	%
	7.6	0.28	149.4	157.0	93.1	%
	13.7	0.47	201.2	214.9	95.7	%
CMM-042	6.1	0.25	57.9	64.0	66.8	%	JSLA North - East Ridge		330.7	RC
	7.6	0.34	211.8	219.4	100.0	%
	7.6	0.24	272.8	280.4	39.9	%
CMM-043	56.4	0.55	56.4	112.8	89.3	%	JSLA North		304.8	RC
	3.0	0.93	147.8	150.8	79.2	%
	36.6	0.91	187.4	224.0	84.4	%
incl.	3.0	3.27	193.5	196.5	95.5	%
incl.	4.6	2.93	211.8	216.4	77.4	%
	3.0	0.42	236.2	239.2	70.6	%
	6.1	0.34	269.7	275.8	79.1	%
CMM-044	9.1	0.29	151.5	160.6	75.8	%	JSLA North		199.6	HQ Core
	10.7	1.49	165.2	175.9	79.3	%
incl.	3.0	4.58	172.8	175.8	54.2	%
CMM-045	4.6	0.46	146.3	150.9	50.5	%	JSLA North		243.8	RC
CMM-046	7.6	2.08	132.6	140.2	68.5	%	JSLA North		182.9	RC
	3.0	0.24	144.8	147.8	93.5	%
	3.0	0.40	155.4	158.4	92.9	%
	10.7	0.25	172.2	182.9	70.8	%	(bottom in mineralization	)
CMM-047	3.0	0.28	137.2	140.2	100.0	%	JSLA North		182.9	RC
CMM-048	56.4	0.65	6.1	62.5	64.5	%	JSLA Backfill		274.3	RC
incl.	4.6	4.88	57.9	62.5	41.1	%	JSLA Backfill
	24.4	1.14	114.3	138.7	80.1	%	JSLA Pit
	12.2	0.94	157.0	169.2	96.7	%
	3.0	0.28	199.6	202.6	97.3	%
	3.0	0.27	265.2	268.2	53.3	%
CMM-049	24.4	0.35	18.3	42.7	68.7	%	JSLA Backfill		71.6	RC
	13.7	0.30	51.8	65.5	58.5	%	(hole lost in backfill	)
CMM-050	53.3	0.24	3.0	56.3	68.9	%	JSLA Backfill		313.9	RC
	44.2	0.53	62.5	106.7	78.6	%	South JSLA Pit
	4.6	0.40	112.8	1.2	95.2	%
	10.7	0.24	121.9	132.6	75.5	%
	111.2	0.47	146.3	257.5	86.0	%
incl.	9.1	1.70	158.5	167.6	83.9	%
CMM-051	41.2	0.43	79.2	120.4	94.9	%	JSLA South Extension		274.3	RC
incl.	3.0	1.52	88.4	91.4	97.9	%
	13.7	0.25	129.5	143.2	93.7	%
	4.6	0.33	153.9	158.5	100.0	%
	4.6	0.54	202.7	207.3	96.6	%
CMM-052	No Significant Assays						JSLA South Extension		305.7	HQ Core
CMM-053	4.6	0.67	100.6	105.2	68.6	%	JSLA South Extension		243.8	RC
	21.3	0.36	143.3	164.6	60.5	%
	15.2	0.45	170.7	185.9	69.6	%
	7.6	0.30	210.2	208.8	86.3	%
	7.6	0.44	225.6	233.2	96.9	%
CMM-054	15.1	0.26	1.5	16.6	61.6	%	JSLA Backfill		213.4	RC
	21.2	0.23	45.4	66.6	72.7	%	JSLA Backfill
	33.3	30.31	101.4	134.7	80.3	%	JSLA Pit
incl.	10.6	94.04	116.6	127.2	61.3	%
	33.3	0.27	140.8	174.1	79.4	%
CMM-055	4.6	0.35	7.6	12.2	78.6	%	JSLA Pit		221.0	RC
	4.6	0.32	16.8	21.3	75.4	%
	9.1	0.32	131.1	140.2	94.8	%
CMM-056	4.6	0.38	108.2	112.8	97.5	%	JSLA Pit - Lucky John		304.8	RC
CMM-057	7.6	0.31	25.9	33.5	43.9	%	Lucky John		274.3
	4.6	0.22	185.9	190.5	93.3	%
	3.0	0.31	201.2	204.2	89.3	%
	4.6	1.21	237.7	242.3	63.2	%
	4.6	0.32	246.9	251.5	71.6	%
	10.7	0.27	263.6	274.3	69.1	%	(bottom in mineralization	)
CMM-058	No Significant Assays						JSLA Pit - Lucky John		243.8	RC
CMM-059	45.7	0.76	122.8	168.5	98.2	%	Lucky John		350.5	HQ Core
incl.	5.9	2.04	134.6	140.5	100.0	%
	22.6	0.39	179.5	202.1	98.7	%
	6.1	0.27	209.7	215.8	99.7	%
	9.1	0.66	231.0	240.1	92.9	%
	10.4	0.27	249.3	259.7	94.2	%
	7.3	0.32	267.3	274.6	91.4	%
	33.8	0.45	282.9	316.7	87.1	%
CMM-060	3.0	0.59	32.0	35.0	93.2	%	East Lucky John		355.1	RC
	19.8	0.38	135.6	155.4	85.2	%
	9.1	1.32	184.4	193.5	92.8	%
	4.6	0.51	207.2	211.8	71.3	%
	10.7	0.58	231.6	242.3	92.6	%
	6.1	0.25	262.1	268.2	91.9	%
	74.4	9.11	280.4	355.1	78.3	%	(bottom in mineralization	)
incl.	35.1	18.97	320.0	355.1	64.3	%
incl.	4.6	94.84	333.7	338.3	58.1	%
CMM-061	12.2	0.27	7.6	19.8	68.4	%	JSLA Backfill		213.4	RC
	24.4	0.46	38.1	62.5	71.6	%	JSLA-East Ridge
	4.6	0.26	85.3	89.9	78.9	%
	4.6	0.31	199.6	204.2	80.3	%
CMM-062	6.1	0.27	6.1	12.2	82.6	%	JSLA South Extension		289.6	RC
	3.0	0.43	144.8	147.8	96.6	%
	3.0	0.99	214.9	219.9	80.7	%
CMM-063	8.1	0.60	27.0	35.5	78.0	%	JSLA Pit		295.0	HQ Core
	9.3	0.29	60.3	69.6	81.4	%
	4.6	0.28	75.6	80.2	85.2	%
	10.7	0.29	92.3	103.0	79.8	%
	3.0	0.40	115.8	118.8	78.7	%
	21.6	0.40	158.8	180.4	73.0	%
	9.1	0.63	186.8	195.9	71.5	%
	1.0	16.75	216.1	217.1	88.4	%
	19.2	0.66	224.9	244.1	58.0	%
	4.6	0.75	269.1	273.7	61.3	%
	12.2	0.50	282.8	295.0	66.2	%
CMM-064	16.8	0.56	0.0	16.8	65.6	%	JSLA Backfill		312.4	RC
	3.0	0.28	91.4	94.4	86.8	%	JSLA South Extension
	4.6	0.28	182.9	187.5	99.6	%
	13.7	0.35	210.3	224.0	89.8	%
CMM-065	39.6	0.35	0.0	39.6	75.8	%	JSLA Backfill		274.3	RC
	7.6	0.28	47.2	54.8	84.2	%	JSLA Backfill
	9.1	0.23	61.0	70.1	71.2	%	JSLA Backfill
	6.1	0.30	80.8	86.9	62.8	%	JSLA Backfill
	6.1	0.33	163.1	169.2	66.5	%	JSLA South
	48.8	0.60	175.3	224.1	79.2	%
incl.	7.6	1.33	190.5	198.1	76.3	%
	4.6	0.32	242.3	246.9	84.3	%
CMM-066	3.0	0.25	13.7	16.7	78.7	%	JSLA Backfill		297.2	RC
	3.0	0.91	88.4	91.4	59.9	%	JSLA-East Ridge
	22.9	1.06	193.5	216.4	70.8	%
incl.	3.0	2.13	202.7	205.7	80.3	%
	3.0	0.76	294.1	297.1	31.2	%	(bottom in mineralization	)
CMM-067	12.2	0.51	3.0	15.2	79.7	%	JSLA Backfill		304.8	RC
	13.7	0.28	54.9	68.6	88.2	%	JSLA-East Ridge
	3.0	0.55	245.4	248.4	89.4	%
	9.1	0.63	271.3	280.4	61.2	%

*Holes CMM-012, CMM-013 and CMM-014 were released previously and were drilled for metallurgical purposes. Hole CMM-014 was drilled in an area of known high-grade mineralization in order to have high-grade material for metallurgical testing.

Castle Mountain Mining Company
Gordon McCreary
President and CEO
(416) 572-0152
gmccreary@castlemountainmining.com

Castle Mountain Mining Company
Fraser Buchan
VP Corporate Development
(416) 640-1933
fbuchan@83yonge.com
www.castlemountainmining.com