Capstone Mining Corp.

12:04 PM EST - Capstone Mining Corp. : Announced its 70% owned subsidiary Minera Santo Domingo has entered into a memorandum of understanding with Puerto Abierto S.A. a wholly owned subsidiary of Puerto Ventanas S.A. for Capstone’s Santo Domingo project in Region III, Chile. During a 90 day period, both MSD and PASA will together explore mutual synergies and regional benefits for the proposed port component of the Santo Domingo Project, Puerto Santo Domingo. The Port is fully permitted and located 100 kms from the Santo Domingo project site. It will be one of only two Cape-size vessel ports in the region, making it an attractive site for bulk shipments and a key asset allowing for broad resource development in Region III of Chile. Capstone Mining Corp. shares T.CS are trading up $0.04 at $1.43.