TORONTO, ONTARIO--(Marketwired - Jan 7, 2015) - Continental Gold Ltd. (TSX:CNL)(OTCQX:CGOOF) ("Continental" or the "Company") is pleased to announce new channel sampling results from development drifts and cross-cuts in upper levels of the Yaraguá mine at the Company's 100%-owned Buriticá project in Antioquia, Colombia. Approximately 4,000 metres of total underground development accessing the Yaraguá system has been completed to-date, providing for detailed evaluation of the geometries and grades of precious metal distributions, mining conditions and metallurgical recoveries through the Yaraguá pilot plant. The Company recently released a Preliminary Economic Assessment, based partly on underground development, for the Buriticá pr... [...]
TORONTO, ONTARIO--(Marketwired - Dec 23, 2014) - Continental Gold Ltd. (TSX:CNL)(OTCQX:CGOOF) ("Continental" or the "Company") announces the filing of the technical report regarding the independent Preliminary Economic Assessment ("PEA") for its 100%-owned Buriticá Project in Antioquia, Colombia, prepared in accordance with National Instrument 43-101. Highlights of the report were previously announced on November 17, 2014. The technical report, entitled "Buriticá Gold Project, NI 43-101 Technical Report Preliminary Economic Assessment Antioquia, Colombia", was led by M3 Engineering and Technology Corporation of Tucson, Arizona, with contributions from other independent consultants including Chilean-based NCL Ingeniería y Construcci... [...]
TORONTO, ONTARIO--(Marketwired - Nov 17, 2014) - Continental Gold Ltd. (TSX:CNL)(OTCQX:CGOOF) ("Continental" or the "Company") is pleased to announce the completion of an independent Preliminary Economic Assessment ("PEA") for its 100%-owned Buriticá Project in Antioquia, Colombia. The PEA was completed utilizing the resource estimate for the Yaraguá and Veta Sur deposits, prepared in accordance with National Instrument 43-101 ("NI 43-101"), as announced on May 13, 2014. The PEA study, the details of which will be set out in a technical report prepared in accordance with NI 43-101 and filed on SEDAR within 45 days of this press release, was led by M3 Engineering and Technology Corporation ("M3") of Tucson, Arizona, with contributions from other ... [...]
Continental Gold wishes to comment on the unusual market activity and volatility of its common shares experienced on the Toronto and OTCQX stock exchanges over the past number of days. Although it is the Company's policy to not comment on market rumours or activities, due to numerous shareholder enquiries, the Company wishes to state that there [...]
TORONTO, ONTARIO--(Marketwired - Oct 28, 2014) - Continental Gold Ltd. (TSX:CNL)(OTCQX:CGOOF) ("Continental" or the "Company") is pleased to announce initial channel sampling results from both the main cross-cut and drift accessing the Veta Sur Vein System at the Company's 100%-owned Buriticá project in Antioquia, Colombia. Approximately 800 metres of total underground development accessing Veta Sur has been completed to date with development face dimensions averaging 3.5 metres X 3.5 metres. This underground development program has provided the Company with its first ever underground access into the Veta Sur deposit and is expected to be completed by the end of November 2014. Highlights (referenced in Figure 1 and Tab... [...]
TORONTO, ONTARIO--(Marketwired - Oct 14, 2014) - Continental Gold Ltd. (TSX:CNL)(OTCQX:CGOOF) ("Continental" or the "Company") is pleased to announce results for 20 diamond drill-holes at the Veta Sur, Yaraguá and Laurel vein systems at the Company's 100%-owned Buriticá project in Antioquia, Colombia. Drilling continues throughout 2014 with the goal of upgrading Inferred resources into the Measured and Indicated categories in accordance with National Instrument 43-101 ("NI 43-101"), and increasing the total mineral resource estimate. Highlights (referenced in Figures 1, 2 and 3) A 100-metre step-out drill-hole to depth at the Veta Sur vein system has successfully extended the vertical dimensi... [...]
TORONTO, ONTARIO--(Marketwired - Oct 6, 2014) - Continental Gold Ltd. (TSX:CNL)(OTCQX:CGOOF) ("Continental" or the "Company") is pleased to provide a development update for its flagship Buriticá project in Antioquia, Colombia. The Company currently has nine drills on site and is on schedule to complete its Phase V, 60,000-metre diamond drilling program by year-end. Highlights (Figures 1-5) The 1,200-metre long Higabra Valley Tunnel (Figure 1), measuring 4.5 x 5 metres in dimension and located at an elevation of 1,190 metres above sea-level ("RL"), was completed in late August 2014. Presently, there are four underground diamond drill rigs operating from the tunnel, focused on infilling the mineral ... [...]
TORONTO, ONTARIO--(Marketwired - Aug 8, 2014) - Continental Gold Ltd. (TSX:CNL)(OTCQX:CGOOF) ("Continental" or the "Company") is pleased to report the following highlights for the second quarter of 2014 and updates for the Buriticá project in Antioquia, Colombia. The Company remains debt-free and well-funded, ending the quarter with US$93.3 million in its treasury. Second Quarter 2014 Highlights and Subsequent Events Resource Update On May 13, 2014, the Company announced an updated mineral resource estimate for the Buriticá project: ... [...]
TORONTO, ONTARIO--(Marketwired - Jul 30, 2014) - Continental Gold Ltd. (TSX:CNL)(OTCQX:CGOOF) ("Continental" or the "Company") is pleased to announce the appointment of Dr. Claudia Jiménez to its Board of Directors. Dr. Jiménez is a Colombian-based lawyer with extensive experience in economics and mining in Colombia and internationally. Dr. Jiménez is currently CEO of Jiménez & Asociados S.A.S., a private company based in Medellín, Colombia specializing in fiscal, financial and economic advisory services. "On behalf of the Board of Directors, I am delighted to welcome Dr. Claudia Jiménez to the Company," commented Leon Teicher, Chairman of the Board. "It is a major accomplishment for the Company to have a di... [...]
TORONTO, ONTARIO--(Marketwired - Jul 28, 2014) - Continental Gold Ltd. (TSX:CNL)(OTCQX:CGOOF) ("Continental" or the "Company") is pleased to announce results for 12 diamond drill-holes through the Yaraguá and Laurel vein systems at the Company's 100%-owned Buriticá project in Antioquia, Colombia. Drilling continues throughout 2014 with the goal of upgrading Inferred resources into the Measured and Indicated categories under National Instrument 43-101 ("NI 43-101") guidelines, and delivering overall robust mineral resource growth. Highlights (referenced in Figures 1, 2 and 3) Yaraguá Vein System Drilling from underground was successful in infilling eastern areas of... [...]
TORONTO, ONTARIO--(Marketwired - Jul 9, 2014) - Editors note: There are three graphics associated with this press release. Continental Gold Ltd. (TSX:CNL)(OTCQX:CGOOF) ("Continental" or the "Company") is pleased to announce results for 17 diamond drill-holes in the Veta Sur, Laurel and Yaraguá vein systems at the Company's 100%-owned Buriticá project in Antioquia, Colombia. Drilling continues throughout 2014 with the goal of upgrading Inferred resources into the Measured and Indicated categories under National Instrument 43-101 ("NI 43-101") guidelines, and delivering overall robust mineral resource growth. Highlights (referenced in Figures 1, 2 and 3) ... [...]
TORONTO, ONTARIO--(Marketwired - Jun 26, 2014) - Continental Gold Ltd. (TSX:CNL)(OTCQX:CGOOF) ("Continental" or the "Company") is pleased to announce that, further to its press release of May 13, 2014 announcing an updated mineral resource estimate for the Buriticá project in Colombia, the Company has filed with Canadian securities regulators an independent technical report prepared in accordance with National Instrument 43-101 ("NI 43-101") entitled "Independent Technical Report and Resource Estimate on the Buriticá Gold Project 2013" (the "Technical Report"), containing the updated mineral resource estimates. The Technical Report, dated June 25, 2014, with an effective date of December 31, 2013, was prepared for the Company by Mining Associate... [...]
