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Continental Gold Inc.
Summary
| Project: | Buritica | |
|---|---|---|
| Deposit: | BMZ1 | |
| Location: | Colombia | |
| Commodities: | Gold-Silver | |
| Date: | 10/2/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 2-10-2018: Continental Gold Inc. announces an Exploration/Drilling Update report for its BMZ1 deposit at the Buritica project. Drilling results incl. 23.80m @ 22.80/t Au, 18.9g/t Ag from 267.80m. Toronto, Ontario, October 1, 2018 — Continental Gold Inc. ( | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Mauricio Castaneda (Internal) | |
| ABSTRACT: | Toronto, Ontario, October 1, 2018 — Continental Gold Inc. (TSX:CNL; OTCQX:CGOOF) (“Continental” or the “Company”) announces additional high-grade assay results from 11 holes drilled into the Yaraguá system as part of its 2018 exploration drilling and underground channel sampling program at its 100%-owned Buriticá project in Antioquia, Colombia. Ari Sussman, CEO of Continental Gold, stated: “Continental’s most important and cherished resource is our people. Our hearts are heavy from the recent tragedies and we are in the process of taking the necessary measures to take care of our employees and their families. We are grateful for the enormous outpouring of support from the communities and from all levels of government, Colombians in general and our shareholders. Together, we will come through this process strengthened as a team. We will continue to build Colombia´s most modern mine in Buriticá, which will become an important economic and social contributor to an undeveloped region of the country. While we have temporarily halted exploration activities in projects outside of Buriticá, we continue to work for all our employees and shareholders by looking after the Company’s second most precious resource: our Buriticá deposit.” The Company presently has 11 diamond drill rigs in operation; two rigs are being utilized for the recently-started stope definition drilling program, seven rigs are conducting infill and resource expansion drilling at the Yaraguá and Veta Sur deposits and two rigs are testing the Laurel and Perseus greenfield targets | |
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