CENTURY MINING CORP ORATION (fka CMNZF)

[NYBob]

Century Mining Corp. - NEWS - (TSX VENTURE:CMM)
is pleased to provide an update on its exploration
program in Peru and on production in the Sigma pit.



BLAINE, WASHINGTON--(CCNMatthews - Oct. 5, 2006) -

Century Mining Corporation -
(TSX VENTURE:CMM) is pleased to provide an update
on its exploration program in Peru and on
production in the Sigma pit.

Exploration in Peru -

The Company's exploration team in Peru is mobilizing
surface and underground drills at the San Juan (Pampas)
and San Juan (interior) sites.
The Company has completed access roads, drill platforms
and other ancillary work to expedite the exploration
program on receipt of the Class B exploration permit
from the Ministry of Mines.
The Company has secured drill equipment and contracted
major vendors for support of the program.

Century is still awaiting receipt of the Class B permit
for drilling at San Juan.
The delay in issuing the permit is due to the large number
of permit applications that the government is reviewing
because of the high level of exploration activity in Peru.

Century is also finalizing the application of the other
exploration permits for the San Juan exploration block.
The Company continues to recruit senior and project
level staff in Peru to properly conduct the exploration
program so that a technical report can be produced
to NI 43-101 standards of compliance.

A widely spaced reconnaissance sampling program has
commenced on the Santa Clarita porphyry Cu-Au target
and age date samples have been collected on
the Erika porphyry property to investigate its relationship
to the Paleocene porphyry belt of southern Peru.

The San Juan Mine -
has taken delivery of new mining equipment including a
larger compressor to facilitate mining in the Mercedes vein.

Progress in Sigma pit

The Sigma Mine -
in Quebec has reached several milestones in terms of daily
production and sustained total production in September.
Over 1.0 million tonnes of total material (ore and waste)
were moved from the Sigma pit in September, an increase
of 15% from August.
The fourth and final 100-ton haul truck was delivered
in the last week of September. Over 40,000 tonnes per day
of total material have been removed from the pit during
the last two weeks.

Margaret Kent, President and CEO commented,
"We share shareholders' frustrations over the continued
delays while we wait for the exploration permit to be
issued before we can start our exploration program at
the San Juan Mine.
Our staff in Peru are working diligently with the
Ministry of Mines to expedite the approval process.

We also experienced delays at Sigma in receiving the four
new haul trucks.
The first truck was not delivered until mid-July.
The amount of total material we have moved from the pit on
a monthly basis has increased by 65% from June till the end
of September.
We are pleased with the significant improvement in
operations at the Sigma pit.
The new haul trucks and the new RC drill will facilitate
the implementation of our long-term mine plan and achievement
of production targets over the life of the mine."

About Century Mining Corporation

The Company forecasts total gold production of 85,000 ounces
of gold at a cash cost of approximately US$385 an ounce
from its Sigma, Lamaque and San Juan mines in 2006.

The Company owns the dormant Carolin gold mine in southwestern
British Columbia;
nine precious metals exploration properties located on
the historic Juneau Gold Belt in Alaska;
and production and 23,000 ha of exploration properties
in Peru.

Margaret M. Kent, Chairman, President & C.E.O.

Caution Concerning Forward-Looking Information

This press release contains forward-looking information ---
Management's Discussion and Analysis and in other filings
made by us with Canadian securities regulatory authorities
and available at www.sedar.com.


FOR FURTHER INFORMATION PLEASE CONTACT:

Century Mining Corporation
Brant Jones
Manager of Investor Relations
[phone] or [phone]

Email: [e-mail]



Century Mining Corporation
Graham Eacott
Vice President, Investor Relations
[phone] or [phone]
[phone] (FAX)
Email: [e-mail]

Website: www.centurymining.com

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the contents of
this press release.


Source: CCN Matthews (October 5, 2006 - 3:35 PM EST)

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