Tag

Toronto based Continental Gold Inc. (TSX:CNL; OTCQX:CGOOF) has announced high-grade assay results from 12 stope development drifts as part of the underground construction at its 100%-owned Buriticá project in Antioquia, Colombia. Development of the Buriticá project remains on...

The results are "helping to verify the upper boundary of the mineral reserve envelope for the Veta Sur system,” said Ari Sussman, CEO of Continental Gold.

The tragedy follows the killing of a mining engineer working for Continental Gold earlier this month, who was left dead after his vehicle was attacked in Buriticá.

Two engineers were attacked on the morning of September 5 in the town of Buriticá where the Toronto-based company operates a large gold mine

"With underground development advancing at a productive rate and providing suitable drilling locations, the company will be more aggressive in drilling," stated Continental Gold.

"There must be space for both the big mining companies and the small artisanal miners," says Dora Elena Balvín, secretary of mines in Antioquia.

"Our current reserves and resources are just a tip of the iceberg of what's to come," says Ari Sussman, CEO of Continental Gold

With 8.60 grams of gold per tonne, the test "yielded significantly more ounces of precious metals than we estimated," said CEO Ari Sussman.

“Accelerating the drilling program only makes sense given the upside,” said Ari Sussman, CEO of Continental Gold.

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