Overview

Constantine Metal Resources Ltd. (CVE:CEM)  is a junior exploration company, with a focus on precious metals and polymetallics. The company has a 100% interest in two key properties, the Palmer Project in southeast Alaska, and the Croesus Project near Timmins, Ontario. Both properties are located in historically prolific areas. In early June drilling began at the Palmer property, a copper-zinc-gold-silver-rich volcanogenic massive sulphide (VMS) project.

Investment Highlights

• Palmer Project – new discovery in world-class VMS Belt.
• Palmer Project good infrastructure – 60km to deep sea port, accessible by highway.
• Croesus project located in historically prolific Abitibi Greenstone Belt.

Chief Properties

Palmer Project – Southeastern Alaska

The Palmer Project is one of the newest volcanogenic massive sulphide (VMS) discoveries. VMS deposits are known for their high mineral content, predominantly copper and zinc, as well as gold, silver, and various other ores. The Palmer Project is located in a region known for its VMS deposits, most notably the 297 million tonne Windy Craggy, the world’s fourth largest VMS deposit, and the Greens Creek VMS deposit, known for its prolific silver production.

Constantine began drilling at the 64 square kilometer project in early June. The project has a 4.12 million tonne inferred resource grading 2.01% copper, 4.79%zinc, 0.30 gram per tonne (g/t) gold and 31 g/t silver. Initial plans are for 7,500 meters of drilling in approximately 20 holes.

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Croesus Project – Timmins, Ontario

Constantine Metals has 100% ownership of the Croesus Project, a past producing gold mine (1915-1933) known to have produced some of the highest grade gold in Canada. The Royal Ontario Museum is in possession of five gold samples taken from the mine that collectively weigh 85 pounds, and contain 480.7 ounces of gold or 11,310 oz of gold per short ton (387,727 g/tonne). The project is located in the Abitibi Greenstone Belt, which is one of the largest greenstone belts in the world. Greenstone is recognized as being a geological body where large gold, silver, copper, zinc, and other minerals and ore deposits are found.

The project consists of 22 patented mining claims and leases spread across 416 hectares. The property is well situated in a region known as the Porcupine-Destor Deformation zone, 75 kilometers east of Timmins, Ontario. Drilling conducted on the property in 2008 and 2009 confirms key alteration and gold-bearing veins below mine workings.

Management

J. Garfield MacVeigh, President, C.E.O. and Director
B.Sc. (Hons). Mr MacVeigh received his B.Sc. from Queen’s University at Kingston in 1972. He has 32 years of experience in gold and base metal exploration in Canada, U.S.A. and Central America. He was a participant in the discovery of the Hoyle Pond Gold Deposit in Timmins, Ontario, and contributed to the exploration and discovery of the HW Deposit and several new zones at Westmin Resources Ltd.’s Buttle Lake massive sulphide ore deposits on Vancouver Island, British Columbia. As District Manager for Lac Minerals Ltd. in western Canada and Alaska in 1991 – 1995, was involved in the exploration of the Red Mountain gold deposit near Stewart, B.C., Canada.  Mr. MacVeigh was a founding member and past President and CEO and Chairman of the Board of Rubicon Minerals Corporation. He is currently a director and Vice President of Exploration for Paragon Minerals Corporation, a Newfoundland focused company that was formed through the spinout of Rubicon’s Newfoundland property assets.

K. Wayne Livingstone, B. Sc., M.Sc,. Chairman of the Board, Director
Mr. Livingstone, B.Sc. (Hons.), M.Sc. received his bachelor degree in geology in 1966 from Carleton University in Ottawa and his M.Sc. degree from the University of British Columbia in 1968. He has practiced his profession in exploration and development geology for 40 years. He led the exploration of and was involved in the development of a 1,000,000 oz gold heap leach gold deposit in Nevada, U.S.A. and led the work to a grass-roots discovery of a 1,700,000 oz gold deposit in Peru. His experience and work has been focused on epithermal gold and porphyry copper deposits in the western cordillera from Alaska to Chile. Mr Livingstone is a director of various mineral resource companies.

Darwin  Green, B.Sc., M.Sc., P.Geo, Vice President Exploration
Darwin Green is an energetic explorer with volcanogenice massive sulphide (VMS) expertise and a record of utilizing modern analytical techniques to identify quality projects and find ore.  He has significant large project experience, most recently overseeing a major underground exploration program as a VP Exploration for Niblack Mining Corporation a the Niblack VMS deposit in Southeast Alaska.  Mr. Green was co-recipient of the 2008 Commissioner’s Award for Project Excellence by the Alaska State Mine Permitting Team.

Aris Morfopoulos, B.Com,  Chief Financial Officer
Aris Morfopoulos, B.Com. (Hons.), is a self-employed accountant and businessman with over 25 years of corporate management experience.  For the past 15 years he has worked on a consulting basis in various executive capacities in mineral exploration, Internet domain registration, public company administration, and a merchant bank.   He has served as a director or officer of several publicly listed companies in the past 15 years and is currently the C.F.O. of New Oroperu Resources Inc. and Carlin Gold Corporation, both TSX Venture-listed companies.  In 1999 he was a founding partner and executive of NamesDirect.com, a successful Internet domain registration company.  Mr. Morfopoulos has a Bachelor of Commerce (Honours) degree from the University of Manitoba (1975).

Tara M. Christie, B.A.Sc., M.A.Sc, P.Eng, Director
Ms. Christie, B, A, SC., M.A.Sc is a graduate of the University of British Columbia with a Bachelors of Applied Science, and a Masters of Applied Science in 1996 and 1999, specializing in Geotechnical Engineering.  She has served as a past President of the Klondike Placer Miners Association, as Executive Director and currently is a consultant to them.  Duties in this area involved coordinating and negotiating environmental and regulatory issues between various government agencies, the First Nations, and the placer miners in the Yukon Territory.  Ms. Christie is currently a board member of the Prospectors and Developers Association of Canada and a member of the Yukon Environmental and Socio-Economic Assessment Board.  Ms. Christie plays an active role as owner/operator in an operating placer miner in the Yukon.

Brian C. Irwin,  Director
Until June 30th 2005, Mr. Irwin was associate counsel and a partner in the securities law firm of DuMoulin Black in Vancouver.  He practiced corporate, securities and natural resource law with a focus on mining and corporate finance.  He serves as a director for a number of public companies.

David W. Adamson, B.Sc. (Hons.), M.Sc., Ph.D.,  Director
David W. Adamson, B.Sc. (Hons.), M.Sc., Ph.D., received his B.Sc. (Hons.) at the University of Southampton, U.K. in 1980, an M.Sc. (1984) at the University of Regina, Saskatchewan and Ph.D. (1988) at the University of Aston in Birmingham, U.K. Mr Adamson has been associated with the mineral exploration industry for 20 years with experience in gold and base metal exploration in Canada, U.S.A. and Europe. As Senior Geologist with Lac Minerals Ltd., he was instrumental in the discovery process on several major projects. Mr. Adamson is familiar with the Palmer project and the prior exploration and will provide advice and guidance on an on-going basis as needed. He is also President & CEO, and a Director of Rubicon Minerals Corporation.

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