TORONTO, March 01, 2018 (GLOBE NEWSWIRE) -- Continental Gold Inc. (TSX:CNL) (OTCQX:CGOOF) (“Continental” or the “Company”) is pleased to announce that it will be participating in the PDAC International Convention on March 4-7, 2018 at the Metro Toronto Convention Centre in Toronto, Canada. Continental will be located at Booth 3014 in the Investors Exchange where it will be displaying high-grade core from drilling at the Buriticá Project. Select samples from drill holes that will be on display will include 1.0 metres @ 3,799 g/t gold and 1,260 g/t silver (BUSY079) and 0.7 metres @ 1,715 g/t gold and 805 g/t silver (BUSY131).
Ari Sussman, CEO of Continental, will be presenting a corporate update on Tuesday, March 6th at 2:45 p.m. in Room 801B which will outline the Company’s latest exploration and development activities. In addition, Alexandra Guaqueta, Continental’s International Standards Manager, will be participating on a Community and Social Responsibility panel discussing how juniors manage risks during the licensing and construction phases. The panel discussion will take place on Tuesday, March 6th at 1:30 p.m. in Room 715.
About Continental Gold
Continental Gold Inc. is an advanced-stage exploration and development company with an extensive portfolio of 100%-owned gold projects in Colombia. Formed in April 2007, the Company – led by an international management team with a successful track record of discovering and developing large high-grade gold deposits in Latin America – is focused on advancing its fully-permitted high-grade Buriticá gold project to production with first gold pour on track for early 2020. For information on the Buriticá project, please refer to the technical report, prepared in accordance with NI 43‑101, entitled “Buriticá Project NI 43–101 Technical Report Feasibility Study, Antioquia, Colombia” and dated March 29, 2016 with an effective date of February 24, 2016, led by independent consultants JDS Energy & Mining Inc. The technical report is available on SEDAR at www.sedar.com, on the OTCQX at www.otcmarkets.com and on the Company website at www.continentalgold.com. Additional details on Continental Gold’s suite of gold exploration properties are also available at www.continentalgold.com.
Mauricio Castañeda, Vice-President, Exploration of the Company and a qualified person for the purpose of NI 43 101, approved the technical information contained in this press release.
For further information, please contact:
Paul Begin
Chief Financial Officer
Continental Gold Inc.
+1.416.583.5610
info@continentalgold.com
www.continentalgold.com
Forward-Looking Statements
This press release contains or refers to forward-looking information under Canadian securities legislation, including statements regarding advancing the Buriticá project and timing of production start-up, and is based on current expectations that involve a number of significant business risks and uncertainties. Forward-looking statements are subject to other factors that could cause actual results to differ materially from expected results. Readers should not place undue reliance on forward-looking statements. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, an inability to advance the Buriticá project to the next level, failure to convert estimated mineral resources to reserves, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry. Specific reference is made to the most recent Annual Information Form on file with Canadian provincial securities regulatory authorities for a discussion of some of the factors underlying forward-looking statements. All the forward-looking statements made in this press release are qualified by these cautionary statements, and are made as of the date hereof. The Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by law.