Constantine Metal Resources Ltd. signed binding letter agreement with prospector to acquire an undivided 100% interest in 106 contiguous federal mining claims (886 hectares) that make up the Bouse copper-gold property, located in La Paz County Arizona, USA. The Property is located about 12 miles east-northeast of the Copperstone Mine with 500,000 ounce gold in past production and within a newly recognized geological environment in Arizona that hosts deposits such as the Equinox Mesquite Mine with 4.65 million ounce gold past production in southeast California. Readers are cautioned that mineral deposits on adjacent or similar properties are not indicative of mineral deposits on the Company's property and there is no certainty of the same or similar deposits on the Company's property. Bouse Agreement Terms Pursuant to the Agreement, Constantine has 5 years to evaluate and, if considered warranted, purchase the Property. The Agreement provides that Constantine has the right to purchase a 100% interest in the Property at any time while the Agreement is in effect for an aggregate price of USD 5,000,000, less any cash payments to the prospector that have been made at the date the Purchase Price is paid. Alternatively, Constantine may pay $3,995,000 and issue up to 2,500,000 shares in stages over the 5-year term, which may be accelerated at the Company's discretion. Constantine has the right to pay all or a portion of the share payments by paying cash in lieu. The Agreement contains no underlying royalty payments or work commitments. The Agreement is the result of a due diligence letter agreement signed in August 2020, which gave Constantine the right to select one or more of 5 copper-gold properties covered by the Agreement. Constantine conducted a 1-month field due diligence program in October-November 2020 that included the collection of 225 rock samples on all 5 properties with 105 samples collected on the Bouse Property. Additional acquisitions are potentially planned based on the due diligence sampling and the ongoing data review program. The Agreement, including the issuance of shares of Constantine thereunder, is subject to regulatory approval required by any provincial, state or federal regulatory bodies having jurisdiction over such share issuances, including acceptance of the TSX Venture Exchange.