Canadian Mining Announces Million Dollar Deal with Mayen Minerals

	    Symbol: CNG - TSX.V

	    VANCOUVER, Sept. 30 /CNW/ - Mr. Ray Paquette is very pleased to announce
that after several months of negotiations Canadian Mining has entered into an
option agreement dated effective September 28, 2009, with Mayen Minerals Ltd.
(TSX-V: MYM.P) pursuant to which Mayen was granted an option to earn up to an
undivided 60% interest in and to Canadian Mining's "Raquel 3" and "Raquel 3B"
project (the "Assets") located in Sonora, Mexico (the "Proposed Transaction").
The Option was granted by Canadian Mining through its wholly-owned Mexican
subsidiary, Canmin Mexico S.A. de C.V. to Mayen through its wholly-owned
Barbados subsidiary, Minmay Corp. ("Minmay").
	    Pursuant to the terms of the Option Agreement, Mayen (through Minmay) has
the option to acquire up to a 60% interest in the Assets by expending a total
of US $1,400,000. Minmay will earn a 25% undivided interest in the Assets by
incurring exploration expenditures of not less than US$300,000 on the Property
on or before the 6th month of Exchange acceptance of the Option Agreement (the
"Effective Date"). Upon exercise of the 25% interest, Minmay will have the
option to earn a further 25% interest in the Assets for a total undivided
interest of 50% by incurring additional exploration expenditures on the
Property of not less than US$600,000 on or before the 18th month anniversary
of the Effective Date. Upon exercise of the 50% interest, Minmay will have the
option to earn a further 10% undivided interest in the Assets for a total
undivided interest of 60% by incurring additional exploration expenditures on
the Property of not less than US$500,000 on or before the 24th month
anniversary of the Effective Date. Minmay will have the right to accelerate
the foregoing exploration expenditures and thereby earlier earn its interest
in the Assets.
	    The Property is subject to a 2% net smelter return royalty (the "NSR") in
favour of Canadian Mining. After the exercise of the 60% interest, Minmay will
have the right at any time to purchase 1% of the NSR for a cash payment to
Canadian Mining of US$200,000 and the remaining 1% of the NSR for a cash
payment to Canadian Mining of US$1,000,000.
	    Upon Mayen earning its final interest in the Assets, Minmay and Canmin
will enter into a joint venture agreement for the continued development of the
Property. Each party's interest in the joint venture will be pro-rata to their
respective interest in the Assets and will be subject to dilution for
non-contribution.
	    A finder's fee will be payable by Canadian Mining in connection with the
Option Agreement, within the limits prescribed by the policies of the
Exchange. Completion of the Proposed Transaction is subject to the approval of
the Exchange.
	    The mineral concessions Raquel 3 and Raquel 3B are located in the
prolific mining district of Alamos in Sonora, Mexico and consist of two claim
blocks comprising approximately 10,927 hectares (the "Property"). The Property
is accessible by a well maintained gravel road from the town of Alamos
approximately 45 kilometers to the south.
	    The Property contains at least one skarn related mineralized zone that
was mined by Servicios Industriales Penoles, S.A. de C.V. during the 1980s
(the "El Gochico Mine"). The El Gochico Mine is a silver/zinc/copper/lead
skarn deposit.
	    Canadian Mining completed a work program over the Raquel 3 portion of the
Property as recommended in the National Instrument 43-101 ("NI 43-101")
compliant technical report dated April 2, 2008 (the "Technical Report"), a
copy of which is available under Canadian Mining's SEDAR profile at
www.sedar.com. Mayen is in the process of finalizing an updated NI 43-101
technical report for the Property.
	    In the fall of 2008 and the spring of 2009 Canadian Mining completed
extended grid surveys and several 3D Induced Polarization / Resistivity
Surveys which located three large geophysical anomalies. The reports in their
entirety are available on Canadian Mining's web site www.canadianmining.ca
	    Canadian Mining looks forward to working with Mayen and their experienced
Board of Directors including R.A. Bruce McDonald, Bruno Arnold and Robert J.
Atkinson and soon to be joined by Dennis A. van Dyke and R. Michael Garvey.
The Mayen team has years of success in business, finance and the resource
sector.

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	    On behalf of the Board
	    Ray Paquette CEO
	    [email protected]
	    604.684.3301

	    Neither TSX Venture Exchange nor its Regulation Services Provider (as
	    that term is defined in the policies of the TSX Venture Exchange) accepts
	    responsibility for the adequacy or accuracy of this release.
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