Goldsands Development Company (GSDC)

[deepsea104]

Constitution Mining CEO Dr. Michael Stocker Interviewed on Hard Money Watch


Lima, Peru - July 27, 2010 - Constitution Mining Corp. (CMIN.OB) is pleased to inform you that Sunday's live radio interview with Constitution Mining CEO, Dr. Michael Stocker (left), is now available online. To listen to the interview on Hard Money Watch, click here: http://www.kfnn.com/podcast.asp?id=3120.

Hard Money Watch - now in its 18th consecutive year - is hosted by Pat Gorman, a fellow member of Constitution Mining's board of directors. The live call-in program is well known for providing leading free-market oriented commentary on commodities, currencies, the economy and the stock market.

Mr. Gorman, along with Dr. Stocker, discuss CMIN's recent announcement of significant gold discoveries made in the Company's Gold Sands project of Peru. To read about those discoveries, click here: Constitution Mining Makes Significant Discovery in the Gold Sands of Peru.

To listen to Dr. Stocker's informative and timely interview on Hard Money Watch, click here: http://www.kfnn.com/podcast.asp?id=3120.

About Constitution Mining Corp. (CMIN.OB)
The Company's goal is to locate large-scale commercially viable gold deposits and continuously increase the amount of gold underlying its outstanding shares. The Company is interested primarily in geographical areas that are home to several significant proven gold deposits, including highly prospective districts likely to hold further large deposits.

Peru

The first and most active project is in the Gold Sands region of Peru - laid down by eons of alluvial erosion. For millions of years, the waters of the Santiago and the Maranon rivers have been carving their way through the gold-rich mountain canyons of the Andes, carrying off vast amounts of gold and depositing it in the loose gravels and sands - Gold Sands - in the area the Company now controls.

Results from test holes drilled during CMIN's 26-hole Phase I exploratory drill program indicate the presence of significant alluvial gold. The Company is now actively engaged in conducting a Phase II drill program focused on grid drilling a 2.5 square kilometer region. While the results from the Phase I drill program and the initial results of the Phase II, 100-hole drill program are highly favorable, further results are needed to determine the full feasibility of the project.

The full implementation of these programs will require the Company to secure additional financing.

Nevada

On April 1st, 2010 CMIN executed a definitive and binding Asset Purchase Agreement with Seabridge Gold Inc. to acquire 30 Nevada-based gold projects comprised of 2,141 claims, primarily located in the heart of Nevada's prolific Walker Lane gold belt.

The most advanced project in the 30-property package of mineral claims the Company is seeking to acquire is the Castle Black Rock gold project in Esmeralda county, which has an NI-43-101-compliant gold resource of 215,000 ounces in the measured and indicated categories (12.38 million tonnes grading 0.54 gram of gold per tonne) and 93,000 ounces in the inferred category (7.95 million tonnes grading 0.37 gram of gold per tonne). For further information about the Nevada gold resources, click here: http://www.seabridgegold.net/resources.php.

The closing of the Agreement, which is anticipated to occur on or before September 30th, 2010, is subject to certain conditions, including, but not limited to: (1) Seabridge obtaining certain authorizations, approvals and consents necessary to transfer the assets to the Company; (2) the accuracy of the parties' representations and warranties; and (3) material performance of all of the agreements and obligations of the parties.

Further information about Constitution Mining Corp may be found at: http://www.ConstitutionMining.com.

On behalf of the Board:

Dr. Michael Stocker - CEO
Constitution Mining Corp. (CMIN.OB)

Investor Inquiries:

Toll Free: 888-906-5656
Direct Dial: [phone]
Email: [e-mail]

Disclaimer: This release contains forward-looking statements that are based on beliefs of Constitution Mining Corp. management and reflect Constitution Mining Corp's current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities and Exchange Act of 1934, as amended. When we use in this release, the words "estimate," "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words , or such other variations thereon, or comparable terminology, are all intended to identify forward looking statements. Such statements reflect the current views of Constitution Mining Corp. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including but not limited to, risks and uncertainties pertaining to development of mining properties, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance , or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements. The information contained in this press release is historical in nature, has not been updated, and is current only to the date shown in this press release. This information may no longer be accurate and therefore you should not rely on the information contained in this press release. Constitution Mining Corp. cautions that it has not verified or confirmed the accuracy of the gold resource estimate concerning the Castle Black Rock gold project in Esmeralda county that was prepared at the direction of Seabridge in October 2000.To the extent permitted by law, Constitution Mining Corp. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission.