Continental Gold Announces a Maiden Resource for the Buritica Project, Colombia

Continental Gold Limited (TSX:CNL) announced a Maiden resource estimate for the Yaragua and Veta Sur vein systems at the Buriticá project in Antioquia, Colombia.

The press release is quoted as saying:

 Undertaken by independent consultants, Mining Associates Pty Ltd (“MA”), the resource estimates are based on 54,200 metres of drilling and 1,600 metres of underground sampling (as at June 30, 2011) and conform to the requirements of National Instrument 43-101 (“NI 43-101″). The Company continues with a major surface and underground drilling program to expand and increase the level of confidence of these resources in Yaragua and Veta Sur and to explore new targets at Buriticá.

Continental Gold’s CEO,  Ari Sussman said:

 “The strength of the Continental Gold team is the desire and effort to always achieve more. This initial resource is a reflection of their dedication and puts the Company on track to achieve its goal of commercial gold production in 2014.”

Click here to access the entire news release. 

Click here to access Continental’s company profile.(TSX:CNL)