Continental Gold Extends Yaragua and Veta Sur Systems at Buritica Project

Continental Gold Ltd. (TSX:CNL) reported results from 20 diamond drill holes from its wholly owned Buriticá project in Antioquia, Colombia. Results are from holes at the Veta Sur, Yaraguá and Laurel vein systems.

As quoted in the press release:

• A 100-metre step-out drill-hole to depth at the Veta Sur vein system has successfully extended the vertical dimension of the current mineral resource envelope to 1,500 metres. Drill-hole BUSY367D02 intersected 4.85 metres @ 4.9 g/t gold and 9 g/t silver at an elevation of 298 metres, making it the deepest mineralized intercept to date at Veta Sur.
• Multiple drill-holes at Veta Sur were successful in extending both the lateral and vertical strike lengths of various veins outlined in the current mineral resource block model. Assay results from drill-holes that were perforated above the block model include 7.5 metres @ 23.2 g/t gold and 4 g/t silver (BUUY277) and 1.05 metres @ 695.3 g/t gold and 140 g/t silver (BUUY280). Assay results from drill-holes that extended veins along strike or at depth include 2.45 metres @ 16 g/t gold and 12 g/t silver (BUUY271D04).
• Drilling was successful in infilling the Veta Sur vein system along 700 metres of lateral strike by over 1,000 metres of vertical strike. A majority of the veins encountered in drilling yielded grades X thicknesses significantly above those expected from the current mineral resource block model, with results including 7.5 metres @ 24.2 g/t gold and 33 g/t silver (BUUY271D02) and 7.15 metres @ 23.4 g/t gold and 23 g/t silver (BUUY271D04).
• A step-out drill-hole at the Yaraguá vein system has successfully extended the vertical dimension of the current mineral resource envelope by over 200 metres to an aggregate of more than 1,500 metres of vertical strike length. Drill-hole BUSY367D03 intersected 2.45 metres @ 29 g/t gold and 62 g/t silver at an elevation of 235 metres, making it the deepest mineralized intercept to date at Yaraguá.

Continental Gold CEO, Ari Sussman, said:

The upside potential of Buriticá continues unabated. There has been more than 250,000 metres of diamond drilling at Buriticá over the past five years, and yet we continue to expand on the multi-million ounce mineral resource estimate of the Yaraguá and Veta Sur systems.

Click here to read the Continental Gold Ltd. (TSX:CNL) press release