Constantine Announces Partner-Funded Winter Drill Program, Golden Mile Property, Ontario

Constantine Metal Resources Ltd. (TSX VENTURE:CEM) ("Constantine" or the
"Company") is pleased to announce that a five hole, minimum 1000 meter, winter
drill program is planned on the Company's Golden Mile property ("Golden Mile" or
"the Property") in Timmins, Ontario. The Property is currently optioned to Teck
Resources Limited ("Teck") (see news release dated May 9, 2012 for Agreement
terms). 


Garfield MacVeigh, President and CEO of Constantine states, "We are pleased with
the systematic exploration approach that has been taken at Golden Mile and are
excited with the opportunity to be drilling these quality targets. The Property
is located in an excellent geological and structural setting within the
high-grade Timmins gold camp, and has received only limited historic drilling
owing to extensive overburden cover." 


The winter program is designed to test coincident geophysical, geological and
geochemical targets generated by Teck-funded exploration work carried out over
the past 18 months. The program is scheduled to commence in early February and
will be managed by Constantine under a technical services agreement with Teck.


Golden Mile is a large, 68 square kilometer property located 9 kilometers
northeast of Goldcorp's multi-million ounce Hoyle Pond deposit and covers the
projection of the Pipestone Fault System on the north margin of the Timmins gold
camp that has produced more than 55 million ounces of gold. 


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 Limited.
who can earn up to 66% by spending $5M; and (3) the 50/50 Joint Venture with
Carlin Gold Corporation exploring an approximately 800 sq. km 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

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
604-629-2348


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