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Continental Samples 9.6 g/t Gold and 47 g/t Silver at Buritica Project

Charlotte McLeod
Oct. 28, 2014 05:14PM PST
Gold Investing

Continental Gold Ltd. (TSX:CNL,OTCQX:CGOOF) announced initial channel sampling results from “both the main cross-cut and drift” accessing the Veta Sur vein system at its Colombia-based Buritica project.

Continental Gold Ltd. (TSX:CNL,OTCQX:CGOOF) announced initial channel sampling results from “both the main cross-cut and drift” accessing the Veta Sur vein system at its Colombia-based Buritica project.

Highlights include:

  • Initial results from systematic channel sampling of both the cross-cut and along Vein 62 and Vein 51 through the central Veta Sur system have ratified the locations and orientation of several veins in the current mineral resource model.
  • Continuous channel sampling along the Veta Sur cross-cut intersected 18 veins and intervening mineralized material including, from the 180th metre of the cross-cut, a broad high-grade zone comprising:
    • 30 metres (true horizontal width) @ 9.6 g/t gold and 47 g/t silver.
  • This zone is significantly broader than the corresponding area of the current mineral resource model and the mine plan for the upcoming Preliminary Economic Assessment (‘PEA’), scheduled for release in Q4 2014.
  • In order to examine the continuity of mineralization along and between veins, approximately 117 metres of drifting along Vein 62 and Vein 51 has been completed to date. Systematic face sampling of this 3.5 X 3.5-metre drift, which mostly contains both veins, has outlined a laterally continuous, very high-grade zone, comprising:
    • 3.15 metres (true horizontal width) @ 59.7 g/t gold and 139 g/t silver along 85 metres.
  • High-grade mineralization remains open to the northeast and southwest where it will be tested in further development.

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

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