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Continental Gold Drills 14.3 Metres at 446g/t Gold and 166g/t Silver in the Veta Sur System, Buritica Gold Project, Colombia
8/31/2010 9:04:32 AM - Market Wire

Veta Sur BUSY-79, intersected 14.3 metres at 446g/t gold and 166g/t silver including 3.0 metres at 2106.1g/t gold and 738.7g/t silver Other significant new Veta Sur intercepts include BUSY-66: 8.50 metres at 23.67g/t gold and 149g/t silver and BUSY-68: 4.70 metres at 85.44g/t gold and 71g/t silver

TORONTO, ONTARIO, Aug 31, 2010 (MARKETWIRE via COMTEX News Network) --
Continental Gold Ltd. ("Continental" or the "Company") (TSX: CNL) is pleased to announce the first results of the 2010 drilling campaign in the Veta Sur and Yaragua vein systems plus a new discovery on the Company's 100%-owned Buritica Gold Project, Antioquia Province, Colombia.

Highlights

-- Drill-hole BUSY-79, in the Veta Sur system, intersected 14.3 metres at 446g/t gold and 166g/t silver including 3.0 metres at 2106.1g/t gold and 738.7g/t silver; And separately, 5.5 metres at 100.2g/t gold and 88.3g/t silver-- These bonanza grade intercepts represent a newly recognized style of mineralization which overprints the base metal carbonate gold may be more widespread in the broader (2.5x0.7kms) Buritica mineralized system.-- Drilling in Veta Sur has now outlined gold mineralization over 400 metre horizontal and 350 metre vertical extents and which is open laterally and at depth. Other significant new Veta Sur intercepts include BUSY-66: 8.50 metres at 23.67g/t gold and 149g/t silver and BUSY-68: 4.70 metres at 85.44g/t gold and 71g/t silver-- Further drilling in the Yaragua system has demonstrated: -- continuity of the San Antonio high grade vein set over horizontal and vertical extents of more than 400 metres. Significant new intercepts include BUSY-73: 5.9 metres at 21.34g/t gold and 49g/t silver plus 3.90 metres at 31.98g/t gold and 40g/t silver (Footwall Vein) -- potentially economic thickness and grades of Vein B over 350 metres horizontal and 300m vertical extents including BUUY-35: 8.85 metres at 10.28g/t gold and BUUY- 38: 9.30 metres at 6.37g/t gold and 44g/t silver -- numerous other intersections of additional veins in the vicinity of Vein B-- Busy-63 intersected 1.5 metres at 64.82g/t and 2.7 metres at 5.87g/t gold, representing a newly discovered vein system under a soil geochemical anomaly to the north of the Yaragua vein system.
 
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Autor (Datum des Eintrages): visas  (31.08.10 15:20:54)
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