AN EM ER GI NG M I D-TI ER GOLD PR ODUCER

Commenced Production at the Lamaque Mine in Qubec

April 30, 2010 Gold Pour Lamaque Gold Mine Ahead of Schedule/On Budget

Expanding Production at the San Juan Mine in Peru

M ay 2010

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Forward-Looking Statement
FORWARD-LOOKING INFORMATION AND STATEMENTS This presentation contains forward-looking information and forward-looking statements within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as may, will, should, anticipate, plan, expect, believe, estimate, intend and similar terminology and reflect assumptions, estimates, opinions and analysis made by management of Century in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Centurys actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability of suitable financing alternatives; fluctuations in gold and other commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from Centurys South American activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Managements Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Century disclaims any obligation to update or revise any forward-looking information or statements except as may be required by law. NOTICE TO U.S. PERSONS The securities of Century have not been and will not be registered under the United States Securities Act of 1933, as amended (the U.S. Securities Act) or the securities laws of any state and may not be offered or sold in the United States or to U.S. persons (as defined in Regulation S to the U.S. Securities Act) unless an exemption from registration is available.

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About Century Mining

Century Mining Corporation is a Canadian junior gold producer and holds strategic land positions in Canada, the United States and Peru. The Companys strategy is to grow to an intermediate gold producer through existing mine expansions and acquisitions of other strategic and synergistic gold opportunities.

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Management & Board of Directors

SENIOR MANAGEMENT Margaret M. Kent Hugh W. Blakely Richard Meschke Adrian C. McNutt Peter A. Ball BOARD OF DIRECTORS Margaret M. Kent William J.V. Sheridan Fran Scola William Lamarque Ricardo Campoy Keith Hulley President, CEO & Director Secretary, Director Director Director Board Advisor Board Advisor President, CEO & Director CFO VP Legal & Corporate Development VP Operations Director Investor Relations

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Investment Highlights Proven production record at San Juan gold mine, Peru Commenced production ahead of schedule at Lamaque gold mine on April 30, 2010 Proven management team and Board of Directors 2010 guidance: 55,000 to 65,000 oz of gold production at cash cost of $550 to $570 per oz
Lamaque production to be capitalized in 2010

Production growth with Lamaque ramping up to full production of 100,000 to 110,000 oz/yr
LOM average cash cost of $450 to $500/oz

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Investment Highlights Significant gold reserves and resources Multiple exploration projects with upside potential Extensive mining and milling infrastructure in place 100% control of projects and located in world-class gold districts Assets located in mining-friendly jurisdictions Low valuation compared to peer group

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Annual Gold Production Projection*

140,000 Gold Production (oz) 120,000 100,000 80,000 60,000 40,000 20,000 0 17k 2009 2010e 2011e 2012e 2013e 45k 90k 90k 105k 20k 24k 30k San Juan Lamaque 30k

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Corporate Reserves & Resources

Additional Inferred 7.0 Millions Ounces Gold 6.0 5.0 4.0 3.0 2.0 1.0 0 2006 2007 Peru Peru Lamaque Lamaque Measure and Indicated (excluding Reserves) Reserves (Proven & Probable) Lamaque Lamaque

2008

2009

Note: Prior to 2008 Perus resources were not 43-101 compliant

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Century Production History

70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 2005 2006 2007 2008 2009 Sigma Open Pit Lamaque Underground* San Juan, Peru

Gold Production (ounces)

*Lamaque 2008 production of 5,291 ounces of gold from bulk test were capitalized and were not recorded as production revenue during 2008.

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2008/2009 Quarterly Highlights (2009 numbers are unaudited)

GOLD PRODUCTION (000s OUNCES)
CASH COST PER OUNCE (US$/OZ) vs REALIZED GOLD PRICE

6 4 2 0 Q4 08 Q1 09 Q2 09 Q3 09

$1,000 $800 $600 $400 $200 $0 Q4 08 Q1 09

Gold Price

Q2 09

Q3 09

4 2 0 -2 -4 Q4 08

NET EARNINGS (CDN MILLIONS $)

$4

EARNINGS FROM OPERATIONS (CDN MILLIONS $)

$2 Q1 09 Q2 09 Q3 09 $0 Q4 08* Q1 09 Q2 09 Q3 09
*Adjusted 08 spread over 4 quarters in 2008

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2010 Objectives
Start-up and commence gold production at the Lamaque gold mine in Q2 with guidance of 45,000 ounces for 2010; UPDATE: COMMENCED FIRST POUR APRIL 30, 2010 AHEAD OF SCHEDULE & ON BUDGET Expand production at the San Juan gold mine in Peru Produce 55,000 to 65,000 ounces of gold at a cash operating cost of approximately $550 to $570 per ounce Continue aggressive data compilation at Lamaque Complex to continue to add resources and reserves Continue to review synergistic opportunities for acquisition and joint venture

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Mines & Exploration

Juneau Properties Carolin Mine Goodchild Lamaque Mine Qubec Yellowknife Northbelt

Production Exploration

San Juan Mine Peru

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Lamaque Complex Val-dOr, Qubec, Canada

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Lamaque Gold Project

Location Mine Type Reserves (2p) Resources (M & I) Resources (Inferred) Estimated Mine Life Gold Production 2010 Guidance oz Total Cash Cost/oz 2010 Guidance 4.56 g/t Au 4.81 g/t Au 4.95 g/t Au Qubec, Canada Underground 1.14 M oz Au 1.28 M oz Au 3.13 M oz Au 11+ years ~45k

Lamaque Complex Established mining camp Historic production over 9 mm oz Au ~$35M spent on new mill completed in 2002 by previous operators Extensive infrastructure Ready work force Growing Production ~45k oz Au in 2010 Expanding production each year Increasing reserve/resource 100-110k oz/yr at LOM avg. cash cost of $450 to $500/oz Significant Upside Experienced technical team 100% control of the Lamaque Complex and land package New exploration targets at depth and along strike

Capitalized

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Lamaque Contiguous Claims

Century controls 21.5 sq km of contiguous claims that provides significant potential for future resource development programs
RECENT DRILL INTERSECTIONS

N
UNION GOLD` NEW BIDLAMAQUE

3
SIGMA MINE

AUDET LAMAQUE MINE LAMAQUE

Exploration Intersections
1) Central Diorite 2) South Diorite 3) Lac Langlade 4) Auric West 5) Aumaque Mine 50.7 g/t Au over 0.6 m 108.3 g/t Au over 1.7 m 1.3 g/t Au over 1.2 m 55.8 g/t Au over 0.6 m 10.3 g/t Au over 1.7 m

2
U

UNION GOLD`

AUMAQUE WEST PLUG

ONE MILE

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Sigma / Lamaque Mine Complex Section Looking West

Lamaque S
Lamaque Main Plug Lamaque #7 Shaft

Sigma
Lamaque #2 Mine Shaft Lamaque Mine #2 Ramp Sigma Mill Sigma Open Pit

Sigma Main Shaft

Level 18 1800 ft Level 24 2400 ft

Level 36 3600 ft

Unexplored Area
Level 40 6000 ft

Sigma-Lamaque Boundary 16

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Lamaque Gold Mine Path to Production

January 2010
Build-out mining team Establish mine site work force: underground/ surface Power to minesite Re-establish office and facilities Commence Bedard Dyke Drilling Order U/G Equip.

February 2010
Gain access to underground; begin slashing ramp access and open up U/G workings Completed Bedard Dyke drilling Expanded potential resources through drilling Build-out additional mining team for underground and mill facility

March 2010
Stockpile initial underground ore and mill shakedown Upgrade crusher facilities Advanced engineering & mine planning Continue resource development Expand underground workings Receive new U/G equipment Tender out for 45,000 meter drill program UG TPD: ~200 ON TRACK

April 2010
Start up crushing plant and commence production Continue engineering & mine planning Continued resource development Pour first dore bar Receive new U/G equipment Bedard Dyke Portal Engineering and Portal Prep.

May 2010
Increase daily production Expand mine plan Expand deep exploration program Continued resource development Analyst site tour June 4 Bedard Dyke Portal Engineering and Portal Prep.
Item Completed Commenced and Ongoing

TPD: Nil ON TRACK

TPD: Nil ON TRACK

TPD: 200 to 300 Oz Au: 230 ON TRACK

TPD: 500 to 800 Oz Au/Mth: 2-3k

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Lamaque Gold Production Projection

In 2010/11, Century will commence mining in three separate zones: Lamaque #2, Bedard Dyke, and the North Wall via ramp access from the existing pit; head grade to the mill is expected to be 4.76 g/t Au and recoveries are expected to be 94-96% through the mill circuit Lamaque #2 will be mined utilizing the room and pillar mining method, and the Bedard Dyke and North Wall zones will be mined via the long hole open stope method; average daily tonnage is expected to average 1200-1400 tpd for 2010 as new zones are brought into production in the latter part half of 2010; in 2011 production is anticipated to peak around 2,000 tpd

140,000 Gold Production (oz) 120,000 100,000 80,000 60,000 40,000 20,000 0
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Lamaque

45k

90k

90k

105k

2009

2010e

2011e

2012e

2013e

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San Juan Gold Mine Peru

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San Juan Gold Mine Peru

Century now maintains a land position in Peru exceeding 220 sq kms, including numerous exploration targets.

San Juan Mine

Currently in Production

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San Juan Gold Mine

Location Mine Type Reserves (2p) Resources (M & I) Resources (Inferred) Estimated Mine Life Gold Production 2010 Guidance oz Total Cash Cost/oz 2010 Guidance 8.85 g/t Au 2.23 g/t Au 9.25 g/t Au Peru Underground 186,316 oz Au 16,475 oz Au 175,125 oz Au 8+ years 18k 20k $550 $570

Growing Production 14.3k oz Au in 2008 at US$488/oz ~17k oz Au in 2009 at $525 to $550/oz Expanding facilities in 2010; ~25k oz/yr by 2011 Expansive Land Package Property size: 220 square kilometers Expanding reserve/resource Opportunity to extend mine life Significant Upside Multiple targets identified locally and regionally Long history of mining in area Excellent work force

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Expansive Land Position: San Juan Exploration Potential

Four known mineralized epithermal prospects
VETA CLARA

Seven veins parallel the Chocolon Fault, one of which has returned high grade gold assays Iron oxides with visible gold near major fault zone Quartz-gold veins in medium to coarse-grained sandstones Copper-gold-silver porphyry system Stockwork in granodiorite intruded by andesitic dykes containing gold adjacent to the margin of the dykes

220 Sq. Km Property

SANTA CLARITA

LILY-LA HUACA

ERIKA

GOLDEN CHAMPUNE

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Gold Production in Peru

The San Juan Gold Mine is currently in production and cash flow positive Century plans to further increase production at San Juan through capital investments in 2010 Modernized equipment from Lamaque being relocated to San Juan in 3Q/4Q 2010

San Juan Gold Production Forecast

Gold Production (oz) 40,000 30,000 20,000 10,000 12.3k 0 2007 14.3k 2008 17.0k 2009 ~19k 2010e ~25k 2011e ~30k 2012e ~30k 2013e

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Peer Comparison Enterprise Value* vs Reserves/Resources (excl. inferred)

Reserves/Resources Oz Au (millions)
3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 73 97 112 113 114 150 384 403 415 Enterprise Value/Oz Au Reserves/Resource Oz Au (millions) 944 $1,000 $900 $800 $700 $600 $500 $400 $300 $200 $100 $0

Alexis Minerals

Apollo Gold

Wesdome

Aurizon Mines

Richmont Mines

As at April 30, 2010 based on various companies website and available information.
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Lake Shore Gold

Etruscan Resources

San Gold

Kirkland Lake

Century Mining

Mkt Cap/Ounces Au

Peer Comparison Enterprise Value* vs 2011 Forecasted Annual Gold Production

250,000 EV/Annual Production Au 200,000
2011 Production Forecast

$6,000 2011 Annual Production Oz Au 4,975 5,189 5,152 $5,000

EV/Annual Production Oz Au

$4,000 150,000 $3,000 100,000 1,322 50,000 712 741 $1,000 2,290 2,262 2,334 $2,000

0
Lake Shore Gold Richmont Mines Alexis Minerals Wesdome Century Mining Kirkland Lake Apollo Gold Etruscan Resources San Gold

$0

As at April 30, 2010 based on various companies website and available data.
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26
$0.00
May-09

$0.10

$0.20

$0.30

$0.40

$0.50

$0.60

$0.70

$0.80

$0.90

Share Information TSX-V: CMM

TSX-V: CMM
June-09 July-09 August-09 September-09 October-09 November-09 December-09 January-10 February-10 March-10 April-10

Capitalization and Liquidity

Trading Symbol Stock Exchange As at December 31, 2009 (unless otherwise stated) ($CDN) Basic Shares Outstanding Warrants Options Fully Diluted Shares Outstanding CMM TSX Venture 344.8 56.4 7.7 408.9 $0.76 $260 $33 $40 $35 35.9% 44.1% 7.5%

(millions) (millions) (millions) (millions)

TSX Share Price (as of April 30, 2010) Market Capitalization (as of April 30, 2010) Cash Debt Working Capital Controlling Shareholder Ownership Management Ownership
(Note: Information presented above is unaudited)
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Current Fully Diluted

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Summary
Proven production record at San Juan gold mine, Peru Lamaque commenced production ahead of Schedule April 30, 2010 Proven management team and Board of Directors 2010 guidance: 55,000 to 65,000 oz of gold production at cash cost of $550 to $570 per oz (Lamaque production to be capitalized in 2010) Production growth with Lamaque ramping up to full production of 100,000 to 110,000 oz/yr (LOM average cash cost of $450 to $500/oz) Significant gold reserves and resources Multiple exploration projects with upside potential Extensive mining and milling infrastructure in place 100% control of projects and located in world-class gold districts Assets located in mining-friendly jurisdictions Low valuation compared to peer group
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Corporate Information
For more information on Century Mining Corporation please contact: Peter A. Ball, Director of Investor Relations pball@centurymining.com
CORPORATE OFFICE

Century Mining Corporation 441 Peace Portal Drive Blaine, Washington 98230
Tel 360.332.4653
Toll Free 877.284.6535 Fax 360.332.4652

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