Interview with: J. Garfield MacVeigh, President, CEO and Director - featuring: their 100% controlled Palmer project, a world class base metal exploration opportunity in a very accessible part of southeast Alaska and recently signed the definitive agreement to acquire a 100% interest, subject to a 2% NSR production royalty, in the high-grade Croesus Gold Mine property located in the prolific gold-producing southern Abitibi greenstone belt in Northern Ontario.

Constantine Metal Resources Inc. (CEM-TSXV)

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Constantine Metal Resources Is Focused On Their Palmer Project In Southeast Alaska, Which Is A Rich Mineralized Copper/Zinc Massive Sulphide Project With A Precious Metal Component To It



Exploration
Metals Mining
(CEM-TSXV)


Constantine Metal Resources Inc.

Suite 201, 15225 Thrift Avenue
White Rock BC Canada V4B 2K9
Phone: 604-669-9970



J. Garfield MacVeigh
President, CEO and Director

Interview conducted by:
Lynn Fosse, Senior Editor
CEOCFOinterviews.com
Published – December 21, 2007

BIO:
J. Garfield MacVeigh, President, C.E.O. and Director

B.Sc. (Hons). Mr MacVeigh received his B.Sc. from Queen's University at Kingston in 1972. He has 35 years of experience in gold and base metal exploration in Canada, U.S.A. and Central America. He was a participant in the discovery of the Hoyle Pond Gold Deposit in Timmins, Ontario, and contributed to the exploration and discovery of the HW Deposit and several new zones at Westmin Resources Ltd.’s Buttle Lake massive sulphide ore deposits on Vancouver Island, British Columbia. As District Manager for Lac Minerals Ltd. in western Canada and Alaska in 1991 - 1995, was involved in the exploration of the Red Mountain gold deposit near Stewart, B.C., Canada. Mr. MacVeigh was a founding member and past President and CEO and Chairman of the Board of Rubicon Minerals Corporation. He is currently a director and Chief Geologist for Paragon Minerals Corporation, a Newfoundland focused company that was formed through the spinout of Rubicon’s Newfoundland property assets.


Company Profile:
The Company is currently exploring its 100% controlled Palmer project, a world class base metal exploration opportunity in a very accessible part of southeast Alaska and has recently signed the definitive agreement to acquire a 100% interest, subject to a 2% NSR production royalty, in the high-grade Croesus Gold Mine property located in the prolific gold-producing southern Abitibi greenstone belt in Northern Ontario. The closing of the Croesus property acquisition to transfer the 100% interest to Constantine is pending. (subsequently completed).

CEOCFO:
Mr. MacVeigh, what is your vision for Constantine?
Mr. MacVeigh: “My vision for Constantine is to advance and develop a significant discovery that we made on the Palmer project in northeast Alaska. The company was originally set up a year ago specifically to focus on the exploration of the Palmer property. With the original initial public offering funds that we raised, we have been fortunate enough to have two significant drill discoveries on the property and that will now provide a focus to really develop shareholder value for the company in the future.”

CEOCFO: What do you like about the property?
Mr. MacVeigh: “It is a base metal property of rich copper/zinc mineralization with a precious metal component to it. It is a class of deposit that is referred to as volcanogenic massive sulfide (VMS) deposit, which sounds like a big name, but tells you that it is a type of  base metal deposit, usually copper/zinc rich with associated precious metals, that occurs within volcanic rocks, usually stratiform to slightly cross-cutting in form. I have a lot of experience in these types of deposits from my past work and the former project is a classic example of this type of project in very favorable rocks where there is a world-class deposit known as Greens Creek, which is in the same geological environment. I have had a long association with the property since 1993. It is a property that I have followed and worked on with other companies and now ultimately have a chance to focus on it with Constantine.”

CEOCFO: Is it 100% owned?
Mr. MacVeigh: “It is 100% owned through a lease. We have a lease with the original owner of the property for a 99-year term subject to making certain payments and maintaining the property in good standing. It is also subject to a 2.5% Net Smelter Return (NSR) to the lease holder.”

CEOCFO: Will you continue with the property as 100% owned by Constantine or do you see the need to bring partners down the road?
Mr. MacVeigh: “I think that is always something you have to keep in mind, but with the success that we have had we feel that we are in the early stages of recognizing the exploration potential and value of the property. We see significant upside for shareholders by continuing to advance the discoveries that we have made at this time.”

CEOCFO: Is the area where you are active easy to work with, is the infrastructure in place, or is it a difficult area to navigate?
Mr. MacVeigh: “Southeast Alaska, where our Palmer Project is located, is actually an extremely favorable place for the type of deposit that we are looking for. It is very close to Haines, Alaska, which is a deep-sea port only 33 miles by road from the project outside of Haines. We are within two miles of an existing gravel road that allows you to get that close to the property with a two-wheel drive vehicle. There is power and accommodation and things that make it a very convenient place to work. The exploration area itself is quite rugged and we need to use a helicopter to really access the area and for moving our drills to do exploration. Other than that it is actually a perfect spot to work and the fact that there is a deep-sea port nearby is particularly favorable. When you ultimately achieve production, a concentrate is produced and that concentrate requires shipping overseas to a smelter.”

CEOCFO: What is the plan going forward?
Mr. MacVeigh: “The plan for 2008 was determined by the results that we had this year. We have two very high-grade massive sulfide intercepts that we encountered at the latter part of our 2007 programs. In 2008 the focus will be to expand on those intersections and demonstrate the opportunity to develop a viable resource down the road.”

CEOCFO: Did you have a recent acquisition?
Mr. MacVeigh: “As part of the Constantine plan, one of the things about the Palmer Project at this time is that it is a seasonal project in a way because of  its rugged terrain and deep snowfall in the wintertime. Our drill season is from early June until sometime in October. To overcome the seasonality of exploring the Palmer project, Constantine went out and acquired another project that allows us to continue to produce results on another high profile gold project in northern Ontario. We have acquired a small but past-producing gold mine that is extremely high-grade. We have 100% of that project subject to 2% NSR. Because I have worked on this project in the 1970’s and I am very familiar with it, our immediate target there is to try and locate the very high-grade extension of the ore that was mined in the past that was faulted off. It is a project that we have 100% of and we will be able to pursue exploration through the winter months when Palmer is idle and continue to produce and provide opportunities for our shareholders to see ongoing results from our exploration projects.”

CEOCFO: What is the financial picture of the company?
Mr. MacVeigh: “Constantine at the start of the Palmer project this season had about $2.5 million in the bank and since that time we probably spent a little over $1 million. We are probably sitting between one and $1.5 million.”

CEOCFO: There are many exploration companies to choose from; why should investors pick Constantine out of the crowd?
Mr. MacVeigh: “There are several reasons. Management is really important and Constantine has very experienced management, lots of experience with major companies in the past, experience with producing mines and a discovery track record. I think the management is a critical aspect. A lot of my attention, not only administrative but technically goes toward these projects so I spent a lot of technical time on them myself. A second reason is that with the use of our initial public offering funds, we have been successful in doing what we planned and we have made two significant drill hole discoveries which we consider to have an excellent opportunity to expand and develop into a resource. There are a lot of things for our shareholders and potential investors to look forward to in the near future and in 2008. Over and above that, because we have been successful early on in our exploration, we also have a great share structure to continue to build Constantine on the excellent results that we have had to date. To me these are three very good reasons to look at Constantine.”

CEOCFO: What should readers take away from this interview about Constantine?
Mr. MacVeigh: “I think they should remember that Constantine has an experienced management, a great new discovery to expand on and a good share structure. If the readers take this away from this interview and look into Constantine, I think they should consider investing.”

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“We have also acquired a 100% of a small past producing gold mine that has a extremely high grade*. We will be able to pursue exploration through the winter months when Palmer is idle and provide opportunities for our shareholders to see ongoing results from our exploration projects… The Company has experienced management to explore and develop these projects which are well located with good infrastructure for development.” - J. Garfield MacVeigh

Quotes from October 30, 2007 news release

Partial drill results (see news releases dated September 25, 2007 and October 16, 2007) from the completed 2007 Palmer drill program reported two substantial intersections (3.8% Cu, 7.2% Zn, 0 .37 g/t gold, 47 g/t silver over 46 ft [14m] in CMR07-07 and 1% copper, 7.8% zinc, 0.94g/t gold and 67.5 g/t silver over 58.9 ft [18m] in CMR07-09).

“The former Croesus Gold mine is known for having produced some of the highest grade gold mined in Ontario. The Ontario Bureau of Mines (1919) reported that “765 pounds of ore taken from a portion of the shaft yielded $47,000 worth of gold”. This represented a grade of 5,944 oz gold per short ton (203,771 g/tonne) at a gold price of $20.67 per troy ounce. Five gold samples purchased by the Ontario Bureau of Mines for exhibition purposes and now in possession of the Royal Ontario Museum weigh 85 pounds collectively and contain 480.7 ounces of gold or 11,310 oz gold per short ton (387,727 g/tonne).”

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