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Milestones

CAPSTONE SHERWOOD
Jan/04 Acquires Cozamin Mine near Zacatecas, Mexico Jun/05 Acquires the Minto property in the Yukon, Canada
May/04 Confirms high grade copper and silver values for Cozamin Aug/05 Commences a 10,000 m-12,000 m drill program to confirm Minto Main mineral reserves
Oct/04 Phase 1 drill results increase grade and tonnage of its Cozamin deposit

Begins underground development at Cozamin

Oct/05 Drilling confirms high grade copper and gold values at Minto
Dec/05 Acquires 90% interest in Cozamin Feb/06 Development of Minto project begins - Contractor's mining equipment arrives on site
Mar/06 Results of feasibility study for Cozamin reported Mar/06 Discovery of the Area 2 just 300m southeast of Minto Main
Apr/06 Capstone declares Silverstone Resources Corp dividend and sets record date Apr/06 Pre-stripping of Minto Main copper-gold deposit begins
May/06 Record date for Silverstone's distribution of the dividend-in-kind to shareholders of Capstone Jul/06 Feasibility Study shows robust returns on Minto Project

Minto mill construction commences

June/06 Silverstone's distribution as a dividend-in-kind to Capstone shareholders Oct/06 C$85 M debt package arranged, forward sales complete, concentrate off-take agreement executed
Aug/06 Updated mineral resource estimate for Cozamin Feb/07 Power Purchase Agreement for Minto signed

Resource estimate for Area 2 deposit at Minto

Sep/06 Cozamin mine achieves commercial production May/07 First copper-gold concentrates at Minto mine produced
Apr/07 Capstone sells Cozamin silver production to Silverstone Jul/07 Two new copper-gold systems at Minto identified

First concentrates from Minto mine delivered to Port of Skagway, Alaska

May/07 Acquisition of Silverstone shares Oct/07 Minto mine declares commercial production

First Minto concentrates shipped from Skagway

Oct/07 Increased mineral resources at the Cozamin mine

Cozamin mill expanded from 1,000tpd to 2,200tpd of throughput

Nov/07 Agreement for acquisition of Western Keltic Mines, owner of the Kutcho Cu-Zn-Ag-Au deposit
Sep/08 Capstone and Sherwood announce combination to create intermediate copper producer Dec/07 Pre-feasibility Study for expansion of Minto copper-gold mine

Phase 2 mill expansion at Minto Mine completed ahead of schedule

Jan/08 Announces Cozamin expansion from 2,200tpd to 3,000tpd Apr/08 Minto Mine achieves & exceeds design capacity.
Jun/07 Capstone added to the S&P/TSX Global Mining Index May/08 Sherwood Copper and Western Keltic announce closing of business combination
Sep/08 Completes Cozamin expansion from 2,200tpd to 3,000tpd Jun/08 Significant increase in copper-gold resources at Minto mine
Nov/08 Sherwood shareholders overwhelmingly approve business combination with Capstone Sep/08 Capstone & Sherwood announce combination to create intermediate copper producer
Nov/08 Sherwood shareholders overwhelmingly approve business combination with Capstone.

Closing of precious metal transaction. Silverstone provides upfront payment of US$37.5 M for payable gold and silver from Minto

Minto mine connects to electrical grid




THE NEW CAPSTONE
Nov/08 Capstone & Sherwood complete business combination
Dec/08 Definition of thick zones of near surface copper mineralization at Ridgetop zone, Minto mine
Jan/09 High grade resources reported for Kutcho project
Feb/09 5th discovery at Minto mine -- high grade "Minto North"

Updated mineral resource estimate for Cozamin Mine

Mar/09 Voting agreement with Silver Wheaton in support of business combination between Silverstone and Silver Wheaton

Record production and earnings for 2008 reported

Apr/09 Record Q1 operating results
May/09 $57.71 million bought deal financing

Exceptional copper-gold grades at Minto North -- best ever drill intercepts

Strong first quarter results, record production

Jun/09 New life-of-mine plan & mineral reserve for Cozamin mine

Significant increase in copper-gold mineral resources reported for Minto

Aug/09 Strong Q2 results on low cost production
Sep/09 Additional Mineral Claims acquired at Cozamin
Oct/09 Results of Preliminary Economic Assessment on Kutcho reported
Nov/09 Acquisition of Units of Nevada Copper Corp.

Minto East: 6th High Grade Copper-Gold Discovery at Minto in Three Years - 2nd in 2009

Dec/09 Pre-feasibility Study on Phase IV Expansion for Minto reported

Production Guidance for 2010 announced

Jan/10 AME BC's 2009 E.A. Scholz Award to Capstone directors
Feb/10 2010 Exploration commences at Minto
Mar/10 Increased Mineral Resources Estimates for the Cozamin

First High Grade Copper-Gold Results From 2010 Drilling at Minto

Capstone Mining Added to the S&P/TSX Global Mining Index and the S&P/TSX Global Base Metals Index

Strong Financial Results for Year Ended December 31, 2009 reported

Apr/10 Exploration drilling commences at Cozamin Mine, Mexico

Additional High Grade Copper-Gold Results From Minto East

High Grade Copper-Gold Intercepts From Area 2/118 Extensions


 
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