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Continental Gold Drills 9.9 Metres at 53.11 g/t Gold & 109.9 g/t Silver and 3.5 Metres at 76.72 g/t Gold & 216.4 g/t Silver

Written by Investing News Network
|
Dec. 21, 2010 10:17AM PST

Continental Gold Ltd. (TSE:CNL) reports its diamond drilling results from the Yaragua and Veta Sur Systems at its Buritica gold project in Antioquia, Colombia.

Continental Gold Ltd. (TSX:CNL) reports its diamond drilling results from the Yaragua and Veta Sur Systems at its Buritica gold project in Antioquia, Colombia.

The press release is quoted as saying:

To date, 45,000 metres of diamond drilling have been completed on the property as part of a program which will include an additional minimum of 60,000 metres in 2011.

Continental Gold’s (TSX:CNL)  President and CEO, Ari Sussman says:

“Our Company has made significant progress since listing on the TSX in April of this year.”  “The mineralized systems at Buritica continue to grow both laterally and vertically. The high-grade intercept in BUUY 46 validates our plan to begin construction of a production scale ramp at the valley floor in 2011. The underground access from the ramp will enable the Company to drill test the vertical extent of Buritica up to 1000 metres.”

Click here to access the entire news release.

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