VANCOUVER–(June 2, 2011) – China Select Capital Partners Capital Ltd. (TSX:CH) announces that on May 30, 2011, it acquired ownership of 500,000 units (the “Units”) of Carmax Mining Corp. (“CXM”). The units consisted of one share and one share purchase warrant providing the holder with the right to subscribe for one additional common share for each full warrant held at a price of 30 cents in the first year and 40 cents in the second year.

Carmax Mining Corp. (TSX.V:CXM) is a publicly traded Canadian exploration company which is focused on exploring and developing gold, silver and copper properties with the potential to host world class economic deposits. Carmax is currently exploring three Projects the Eaglehead in the prolific Quesnel trough in Northwestern B.C., the Whiskeyjack on the Kirkland Larder Lake break in Northern Ontario and the Gold Tip in the Cassiar terrane in Northern B.C.

All securities issued by Carmax pursuant to the combined offerings have been issued subject to a four-month hold period expiring Oct. 1, 2011.

This transaction was made for investment purposes and China Select could increase or decrease its investment in CXM depending on market conditions or any other relevant factor