Cyprium Mining Corporation announced that it has secured the exclusive use of a 100 metric tons per day flotation plant located outside the City of Chihuahua in Northern Mexico. The plant will immediately be used by Cyprium to offer toll milling services to local miners in the area. The plant will eventually be used by Cyprium for its own use once the Company's Las Cristinas project goes into production.

The five year agreement provides for Cyprium to use the plant on a variable cost basis as it will pay the owner of the plant a pre-determined tolling charge based on metric tons milled. Cyprium will also be responsible for the supervision of all metallurgic processes, including quantitative chemical analysis, assaying of samples and determining feed grades. Chihuahua State is a vibrant mining jurisdiction with several small operating mines.

Having access to one of the few mills in the area, Cyprium is uniquely positioned to leverage its management's long experience in milling operations. The Company intends to start immediately to offer milling services to miners in Northern Mexico. Any profits from milling operations will, consistent with the Company's business plan, be reinvested in the development of the Las Cristinas property, including building its own processing facility at the mine site in the second half of 2015.

As of February 2015, in order to maintain its exclusivity, Cyprium shall supply the plant a minimum of 1,000 metric ton of ore milled per month or make payments representing such level of monthly operations. As of 2015, Cyprium shall have the obligation to make investments of a minimum of $100,000 per year over four years with a view of doubling the capacity of the plant to 200 tons per day. Cyprium has the option to make investments to double the capacity quicker than over the four year period.

These investments will include additional equipment and their installation costs as well as investments to optimize production, obtain full permitting, the costs to ensure sufficient water and energy supply as well as the costs to repair and/or repair existing equipment. Cyprium granted the owner of the plant an option to purchase the Capital Investment. Cyprium shall remain the owner of all Capital Investments made at the plant until the plant owner has paid Cyprium in full for the costs of the Capital Investments.

The plant owner shall also have the obligation to pay back Cyprium for the Optimization and Other Costs on a per metric ton basis.