Constantine Enters Into Exploration Agreement With Wahgoshig First Nation and Matachewan First Nation

Constantine Metal Resources Ltd. (the "Company" or "Constantine") (TSX
VENTURE:CEM) is pleased to announce that the Company has entered into an
Exploration Agreement ("EA") with the Matachewan First Nation ("Matachewan") and
the Wahgoshig First Nation ("Wahgoshig") on the Company's properties within the
shared Traditional Territories of Wahgoshig and Matachewan. This currently
includes the Company's Golden Mile property located within the city of Timmins,
9 kilometers northeast of the Hoyle Pond Gold Mine operated by Goldcorp Inc. 


The primary purpose of the EA is to establish the foundation for ongoing
communication with the Matachewan and Wahgoshig communities during the
exploration process while respecting their culture, heritage and Traditional
Territory. The EA also promotes training and employment for First Nation people
and business opportunities for First Nation companies and partnerships. Garfield
Macveigh, President and CEO of Constantine remarks; "Constantine has established
very positive mutually beneficial relationship with the Wahgoshig First Nation
since 2008 on its Munro Croesus project and looks forward to expanding its
relationship with Wahgoshig and building a similar strong relationship with the
Matachewan First Nation within the shared Traditional Territory of Matachewan
and Wahgoshig. We believe that establishing a strong mining industry and First
Nation association is essential to the future success of the mining industry in
Canada." 


Constantine and the First Nations have also agreed to a negotiation process
leading to an Impact Benefits Agreement ("IBA") should any project within the
shared traditional territory proceed to an advanced stage. The IBA will cover
topics such as business opportunities, employment, training and financial
compensation.


Chief David Babin, of Wahgoshig First Nation, commented; "We have had a very
good relationship with Constantine over the years and look forward to a
collaborative relationship in the future. This agreement protects our
traditional values and continues to demonstrate that Wahgoshig First Nation
promotes responsible development on our land."


Chief Elenore Hendrix of Matachewan First Nation, commented; "The Matachewan
First Nation is extremely pleased to sign the formal Exploration Agreement with
Constantine. This pact between us signals the Company's intent to engage our
community in a responsible manner while allowing our citizens to provide input
into the development and to promote a sustainable future for our territory."


Wahgoshig and Matachewan have entered into agreements with other mining
companies, and are involved in the industry through business ventures and
employment of its members while maintaining traditional activities and
stewardship of the environment.


Under the terms of the EA, Constantine will be issuing an aggregate of 185,000
shares of the Company to Wahgoshig and Matachewan, subject to regulatory
approval.


About the Company

Constantine is a mineral exploration company with a focus on premier North
American mining environments. In addition to the flagship Palmer
copper-zinc-silver-gold VMS Project located in Alaska that is being advanced in
partnership with Dowa Metals & Mining Co., Ltd., Constantine has a pipeline of
other quality projects that includes; (1) the 100% owned Timmins area
Munro-Croesus Project a past-producing mine property that yielded some of the
highest grade gold ever mined in Ontario and includes strategically located
claims immediately along trend from the Fenn-Gib gold deposit (1.35 million
ounces indicated and 0.75 million ounces inferred); (2) the large Golden Mile
property in the Timmins gold camp that is optioned to Teck Resources Ltd. who
can earn up to 66% by spending $5M; and (3) the 50/50 Joint Venture with Carlin
Gold Corporation with a district-scale land position in an emerging new
Carlin-type gold district in Yukon. Please visit the Company's website
(www.constantinemetals.com) for more detailed company and project information.


On Behalf of Constantine Metal Resources Ltd.

Garfield MacVeigh, President & C.E.O. 

Notes:

Forward looking statements: This news release includes certain "forward-looking
information" within the meaning of Canadian securities legislation and
"forward-looking statements" within the meaning of the United States Private
Securities Litigation Reform Act of 1995 (collectively "forward looking
statements")." Forward-looking statements include predictions, projections and
forecasts and are often, but not always, identified by the use of words such as
"seek", "anticipate", "believe", "plan", "estimate", "forecast", "expect",
"potential", "project", "target", "schedule", budget" and "intend" and
statements that an event or result "may", "will", "should", "could" or "might"
occur or be achieved and other similar expressions and includes the negatives
thereof. All statements other than statements of historical fact included in
this release, including, without limitation, statements regarding the expected.
There can be no assurance that such statements will prove to be accurate and
actual results and future events could differ materially from those anticipated
in such statements. Forward-looking statements are based on a number of material
factors and assumptions. Important factors that could cause actual results to
differ materially from Company's expectations include actual exploration
results, changes in project parameters as plans continue to be refined, results
of future resource estimates, future metal prices, availability of capital and
financing on acceptable terms, general economic, market or business conditions,
uninsured risks, regulatory changes, defects in title, availability of
personnel, materials and equipment on a timely basis, accidents or equipment
breakdowns, delays in receiving government approvals, unanticipated
environmental impacts on operations and costs to remedy same, and other
exploration or other risks detailed herein and from time to time in the filings
made by the Company with securities regulators. Although the Company has
attempted to identify important factors that could cause actual actions, events
or results to differ from those described in forward-looking statements, there
may be other factors that cause such actions, events or results to differ
materially from those anticipated. There can be no assurance that
forward-looking statements will prove to be accurate and accordingly readers are
cautioned not to place undue reliance on forward-looking statements. 


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Constantine Metal Resources Ltd.
Garfield MacVeigh
President


Constantine Metal Resources Ltd.
Darwin Green
VP Exploration
604-629-2348
info@constantinemetals.com
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