Constantine Reports Positive Metallurgical Results for the Palmer Project

Constantine Metal Resources Ltd. (TSX VENTURE:CEM) ("Constantine" or the
"Company") is pleased to report results of metallurgical test work on the Palmer
VMS Project, Alaska ("Palmer" or "Project"). Palmer is host to a 4.75 million
tonne inferred resource estimate grading 1.84% copper, 4.57% zinc, 0.28 g/t gold
and 29 g/t silver(i) that is open to expansion. Work is being funded by Dowa
Metals & Mining Co., Ltd. of Japan ("Dowa"), who can earn a 49% interest in the
Project by making expenditures of $22 million over four years. 


Highlights of Metallurgical Test Work

The deposit exhibits a very good response to conventional metallurgy. Locked
cycle flotation tests yielded smeltable copper and zinc concentrates, with high
metal recoveries produced at moderate grind sizes: 




--  Average copper recovery of 89.6% to a copper concentrate containing
    25.5% copper 
--  Average zinc recovery of 84.9% to a zinc concentrate containing 59.1%
    zinc 
--  Combined total silver and gold recovery to copper and zinc concentrates
    of 89.7% and 75.0% respectively 
--  Majority of precious metals report to the copper concentrate; 73.7% for
    silver and 61.5% for gold 



Of particular importance to the Project and our partner, who operate the largest
zinc smelter in Japan, zinc concentrates produced from the locked cycle tests
are of very good quality, with low impurities and no potential penalty or
problematic elements. 


Garfield MacVeigh, President and CEO of Constantine states: "This is the first
flotation test work done on the deposit and we are very pleased with the
response to conventional metallurgical processing. In addition to achieving high
copper and zinc recoveries, particularly for an initial test program, we are
also pleased with the precious metal recoveries. These favorable metallurgical
results continue to remove project risk as the Company advances Palmer." 


The metallurgical test work program was carried out by SGS Canada in Vancouver
under the observation and direction of metallurgists from Dowa. Work was
completed on a composite of 212 assay sample rejects from past drilling that is
a blend of all major ore-types within the South Wall resource area, with a head
grade assay of 1.56% copper, 6.47% zinc, 28.5 g/t silver, 0.19 g/t gold. The
program included sample preparation, head sample mineralogical characterization,
grind calibration, and a series of batch rougher and cleaner tests under a
variety of conditions followed by two locked cycle flotation tests. 


The flowsheet for locked cycle tests employed a primary grind k80 at 72 microns.
The copper concentrate was reground to a k80 of 26 microns and cleaned three
times to produce a final copper concentrate. The zinc rougher concentrate was
reground to a k80 of 31 microns and cleaned three times to produce a final zinc
concentrate. 


About Palmer and the Dowa Agreement

Palmer is a high-grade VMS project located in a very accessible part of coastal
southeast Alaska, with road access to the edge of the property and within 60
kilometres of the year-round deep sea port of Haines. Under the terms of an
Option and Joint Venture Agreement signed February 2013, Dowa has the option to
earn a 49% interest in the Project by making aggregate expenditures of
US$22,000,000 over a four year period. Expenditures for each year shall not be
less than US$3,000,000. Included in the aggregate expenditure are cash payments
to Constantine totalling US$1,250,000 over four years, of which US$500,000 was
received upon signing of the agreement. The next cash payment of US$250,000 is
due on or before January 31, 2014. Constantine is Operator for work programs
carried out during the earn-in period.


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 

(i) See the Company's technical report entitled, "Palmer VMS Project, Southeast
Alaska, Mineral Resource Estimation and Exploration Update" dated March 4, 2010
and available on www.sedar.com. Resource estimate utilizes an NSR cut-off of
US$50/t with assumed metal prices of US$700/oz for gold, US$12/oz for silver,
US$2.25/lb for copper, and US$0.85/lb for zinc, with estimated metal recoveries
of 55%, 55%, 90%, and 90% respectively. An "Inferred Mineral Resource  is that
part of a Mineral Resource for which quantity and grade or quality can be
estimated on the basis of geological evidence and limited sampling and
reasonably assumed, but not verified, geological and grade continuity. Due to
the uncertainty that may be attached to Inferred Mineral Resources, it cannot be
assumed that all or any part of an Inferred Mineral Resource will be upgraded to
an Indicated or Measured Mineral Resource as a result of continued exploration.
Confidence in the estimate is insufficient to allow the meaningful application
of technical and economic parameters or to enable an evaluation of economic
viability worthy of public disclosure.


Notes: 

Metallurgical test program was performed by SGS Canada Inc. at their facility
located in Burnaby, British Columbia under the management and supervision of
Jesse Ding, PhD, Senior Metallurgist, Metallurgical Operations and Jake Lang,
B.E. Sc., Manager, Metallurgical Operations. Dr. Ding and Mr. Lang have reviewed
and approved the information pertaining to the metallurgical test program
contained in this news release. Assay analyses included within the metallurgical
test program were performed by SGS Minerals Services under a Quality Management
System that complies with ISO/IEC 17025. 


The 2013 exploration program for the Palmer project is managed by Darwin Green,
VP Exploration for Constantine Metal Resources Ltd. and a qualified person as
defined by Canadian National Instrument 43-101. Mr. Green has reviewed and
approved the information contained in this news release.


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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