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"Colombia can’t really afford to turn its nose up at the wealth of resources it has at its disposal," says Paul Harris.

Three rigs are now operating in this 15,000-meter exploration campaign, and two more are planned to join the effort later this year.

The new director is an executive at Newmont Mining Corporation, which acquired a board seat following a recent $109 million USD investment in Continental Gold.

All of Continental Gold's nominees were approved while receiving at least 99.8% of the vote, according to a filing by the Toronto-based mining company.