Capstone Reports Strong First Quarter Results as Mining Operations Deliver Record Production

<< Adjusted Net Earnings(1) of US$30.7 million (US$0.19/share) & Cash Flow from Mining Operations(1) of US$26.3 million >>

Capstone Mining Corp. (CS: TSX) today announced its financial results for the three months ended March 31, 2009. Copies of Capstone's financial statements and management discussion and analysis ("MD&A") are available on Capstone's website at http://www.capstonemining.com/investors/financials/. This release should be read in conjunction with the first quarter 2009 financial statements and MD&A. Capstone will hold a conference call Friday May 15, 2009 at 8:00 AM Pacific time (11:00 AM Eastern time) to discuss these results; call-in details are at the end of this release.

Nautilus Minerals Inc.: Drilling Discovers New High Grade Zones Near Solwara 1 Resource

Nautilus Minerals Inc. (TSX:NUS)(AIM:NUS) (the "Company" or "Nautilus") announces it has discovered a new high-grade base and precious metal zone on its Solwara 1 Prospect in the territorial waters of Papua New Guinea ("PNG"). A review of recently completed assay work from its scout drilling program completed in late 2008 (the "Scout Drilling Program"), has revealed this new zone with significant base and precious metal grades. The newly discovered zone (North Zone) lies approximately 250 meters north of the Solwara 1 Resource and has returned top assay values in respect of each mineral of 30.1% Cu, 22.0% Zn, 26.2 g/t Au and 580 g/t Ag across holes drilled. The Scout Drilling Program also intersected a high-grade mineralisation at Solwara 5 (top values in respect of each mineral of 24.3% Cu, 10.35% Zn, 19.3 g/t Au and 299 g/t Ag across holes drilled).

Zinccorp Resources Intersects 9.40 Meters of 5.36% Zinc, 16.36% Lead, and 152 g/t Silver

MICHELLE PROPERTY EXPANDED TO COVER NEW ZINC DISCOVERIES 14 NON-SULPHIDE ZINC SHOWINGS CONFIRMED OVER AN 11-KM LONG BELT

Zinccorp Resources Inc. (TSX VENTURE: ZN) (the 'Company') is pleased to announce results from an exploratory diamond drilling program and an early-stage prospecting and sampling program at its wholly owned Michelle Property in central Yukon Territory.

The 23-hole exploratory drilling program tested two previously identified non-sulphide zinc occurrences with associated lead, silver and gallium values. Of the 3,112.67 meters drilled in 2008, 12 holes totaling 1,966.29 meters were directed at the Peak Zone.

Stingray Unveils Positive Feasibility Study for El Pilar Copper Project, Sonora, Mexico

Stingray Copper Inc. (TSX: SRY) ("Stingray" or the "Corporation") is pleased to announce the results of the definitive Feasibility Study (the "Study") on the Corporation's 100% owned El Pilar oxide copper project located in Sonora, Mexico. Based on the positive results of the Study, the Board of Directors of the Corporation has approved the project for development as a low cost, open pit mine with a solvent extraction and electro-winning plant to treat oxide mineral reserves, subject to financing. M3 Engineering & Technology Corporation ("M3") of Tucson, Arizona has prepared the Study and related NI 43-101 Technical Report.