Ownership Percentage Closed On The Congress Gold Mine

VANCOUVER - Casa Minerals Inc. has entered into an amendment to the option agreement to expedite the purchase of the Congress Gold Mine, located in west-central Arizona.

President and CEO, Farshad Shirvani, said, "We are excited to move forward with our Congress Gold Mine acquisition. The Company is working to finalize its Phase One exploration program on the project and news detailing expected exploration activities will be released shortly."

The Congress Gold Mine is located three miles north of Congress in the Martinez Mining District of Yavapai County, Arizona. The property consists of 14 Patented Mineral Properties with approximately 260 acres area. Commencing in or about 1887, the Congress mine operated at intervals until 1992 and at one time supported a full-scale mining and milling operation and the small town of Congress. It has the distinction of being Arizona's largest gold-silver mine with production of about 500,000 ounces of gold.