Continental Precious Minerals Completes Resource Estimate On Lill-Juthatten Licence

- March 4th, 2011

Continental Precious Minerals Inc. (TSE:CZQ) reports the NI 43-101 compliant mineral resource has been estimated on its Lill-Juthatten Licence, Sweden.

Continental Precious Minerals Inc. (TSX:CZQ) reports the NI 43-101 compliant mineral resource has been estimated on its Lill-Juthatten Licence, Sweden.

The press release is quoted as saying:

The Lill-Juthatten uranium deposit is located approximately 600 kilometres northwest of Stockholm at an elevation of about 700 metres above sea level, in an area close to the Norwegian border.

Continental Precious Minerals’ President and CEO, Ed Godin says:

“It is important to note that in addition to our flagship property, MMS Viken, we have several other high potential properties like Lill-Juthatten.”  “It is one of several hard-rock uranium targets we have. All have been drilled previously by the SGU and have resource estimates that can be confirmed and further defined.”

Click here to access the entire news release.

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