Canadian Mining Sources Potential Mill and Will Engage Local Drilling Contractor for its Upcoming NI 43-101 Drill Program

    




 Symbol:  CNG - TSX.V 

 VANCOUVER, Aug. 14, 2012 /CNW/ - Canadian Mining Company Inc.  has recently acquired consent to the use  of data as reported in the historic non-compliant 1994 Exploration  Programme Reserve Estimate and Mine Feasibility Review and  Recommendation Report and the historic non-compliant 2001 Exploration  Program and Resource Evaluation Report on the Sun Group of Claims. This  historic data is beneficial for Canadian Mining's upcoming NI 43-101  drill program and will significantly reduce the related costs. 

 NI 43-101 Drill Program On the recommendation of the Company's Qualified Person, John Beck of  Beck and Associates, the Company will be engaging a local driller to  carry out the drill program. Having a compliant NI 43-101 Resource  Report will not only establish the size and grade of the zeolite  deposit, but it will also assist the Company in getting its zeolite  certified for use by municipalities, organic growers and companies  engaged in radiation containment. The 43-101 paves the way for a 10,000  tonne bulk sample and near term sales to local markets, such as organic  growers, vineyards, composting, animal waste treatment, livestock  poultry and swine producers. 

 Sourcing Processing Mill For several months Canadian Mining has been sourcing an appropriate mill  to process its zeolite, which will allow the Company to command market  prices from customers who have very specific requirements. Processed  zeolite is used in applications such as radiation containment and  concrete infrastructure applications. The Company is pleased to report  a mill has been sourced and it is currently being evaluated by the  Company's qualified person, following a recent on-site inspection.  Predicated on securing financing, the Company is targeting to have the  mill operational in early 2013. 

 Clinoptilolite Zeolite for Radiation Clean-up  Clinoptilolite Zeolite, the same zeolite contained in the Canadian  Mining Company's zeolite deposits has been used to clean up after many  major radioactive disasters around the world including the Three Mile  Island meltdown in Pennsylvania in 1979 and Chernobyl in 1986 where  over 500,000 tonnes of Clinoptilolite Zeolite was dropped by helicopter  on the plant site in the Ukraine as well as being introduced into the  feed of dairy cows in the region to remove cesium-137 from the milk  they produced. 

 In a news release dated July 3, 2012, the Company reported that it was  approached by Hiroyuki Kunitake, Trade Commissioner, Investment, Energy  and Resources in the Embassy of Canada in Tokyo, Japan to provide  samples of its Clinoptilolite Zeolite for possible radiation  remediation application for the Fukushima Daiichi Nuclear Power Plant  disaster. 

 Further communication with the Trade Commissioner in the last 30 days,  has revealed an expression of interest, from a Japanese purchaser for  the Company's zeolite subject to Canadian Mining's zeolite meeting  certain specifications. Tests will be conducted following the September  2012 harvest of rice fields treated with 70,000 tonnes of zeolite.  If  the result is favorable, zeolite will be put in another area of 70,000  hectares for which more than 50,000 tonnes of zeolite will be required  in the spring of 2013. 

 As previously reported the Company forwarded samples at the request of a  different potential customer who tested the samples in Japan and  reported the results exceeded expectations. 

 Financing  During the past several months the Company has been exploring several  financing options including equity, convertible debenture and  asset-secured debt financings. In addition, the company has been  actively seeking a buyer for its Sonora, Mexico silver property, and is  currently is in discussions with interested parties. 

 On behalf of the Board Ray Paquette CEO 604.684.3301 

 Please see our web site for additional details: www.canadianmining.ca 

 Neither 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. 

Canadian Mining Company Inc.


CONTACT:  Ray Paquette CEO604.684.3301 


    

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