BLAINE, WASHINGTON--(Marketwire - April 18, 2011) - Century Mining Corporation ("Century" or the "Company") (TSX VENTURE:CMM) announces that it has granted a total of 930,000 stock options, including 650,000 options to independent directors and the balance to employees of the Company. The stock options are exercisable into common shares of Century at an exercise price of C$0.425 per share for a period of five years. Century's common shares closed at C$0.425 on the TSX Venture Exchange on April 14, 2011.

Century has 434,036,751 common shares issued and outstanding. Under the terms of the Company's "rolling" Incentive Stock Option Plan, a maximum of 43,403,675 shares are available to be issued pursuant to the exercise of options at this time. Including this grant of 930,000 options, a total of 14,921,667 shares have been reserved for issuance pursuant to outstanding option grants. A further 28,482,008 shares are available for issuance pursuant to future option grants at this time.

About Century Mining Corporation

Century Mining Corporation is a Canadian gold producer and holds strategic land positions in Canada, the United States and Peru. The Company's strategy is to grow to its gold production through existing mine expansions and acquisitions of other strategic and synergistic gold opportunities.

On behalf of Century Mining Corporation,

Daniel J. Major, President & CEO