Friday, November 16, 2012

Continental Gold Announces Filing of NI 43-101 Technical Report ...

Continental Gold Ltd. (TSX:CNL, OTCQX:CGOOF) announced that it filed a?NI 43-101 technical report?on its Colombia-based Buritic? gold project, highlighting updated mineral resource estimates.

As quoted in the press release:

?The Technical Report covers two major vein systems, with combined Measured and Indicated mineral resources of 3,740,000 tonnes of mineralized material containing 1,640,000 ounces of gold grading 13.6 g/t gold, 4,600,000 ounces of silver grading 38 g/t silver, and 55,800,000 pounds of zinc grading 0.7% zinc. The Inferred mineral resource is 13,330,000 tonnes of mineralized material containing 3,760,000 ounces of gold grading 8.8 g/t gold, 14,200,000 ounces of silver grading 33 g/t silver and 156,500,000 pounds of zinc grading 0.5% zinc.

To view the whole press release, click here.

Source: http://goldinvestingnews.com/29646/continental-gold-announces-filing-of-ni-43-101-technical-report-on-buritica-project.html

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