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Continental Gold Drills 17.9 metres at 113.82 g/t Gold and 112 g/t Silver in the Veta Sur System, Buritica Gold Project, Colombia
11/24/2010 6:31 AM - Market Wire
TORONTO, ONTARIO, Nov 24, 2010 (MARKETWIRE via COMTEX News Network) --
Continental Gold Ltd. ("Continental" or the "Company") (TSX: CNL) is pleased to announce further diamond drilling results from the Veta Sur and Yaragua vein systems at its Buritica gold project in Antioquia, Colombia. Seven drills continue to turn as part of a 100,000 metres Phase II diamond drilling program, with completion anticipated prior to the end of 2011.
Highlights
-- Drill hole BUSY-131 tested the central Veta Sur system and intersected
17.9 metres @ 113.82 g/t gold and 112 g/t silver including 1.2 metres @
1432.35 g/t gold and 625 g/t silver. This hole was an offset of the
previously announced BUSY-79 which intersected 14.3 m @ 446 g/t gold and
166 g/t silver.
-- Step-out drilling on the Veta Sur system indicates significant gold
mineralization in multiple sub-parallel veins in a 100-meter wide
corridor with more than 400 meters of lateral and 350 metres vertical
extents and is open to the west and at depth.
-- High grade Stage II-style gold mineralization has now been identified
overprinting phyllic alteration and base metal/carbonate gold (Stage I)
mineralization in the Yaragua and Veta Sur systems
-- Continuing drilling in the Yaragua area family of veins intersected 11.0
meters @ 17.16 g/t gold including 1.25 meters @ 128.40 g/t gold and 55
g/t silver in hole BUSY-129 in the western portion of the San Antonio
vein.
-- Step-out and infill drill intercepts on Yaragua Vein B includes 2.95
meters @ 24.37 g/t gold with 30 g/t silver in BUSY-92 and 13.4 meters @
6.54 g/t gold in BUUY-49.
Details
The 100%-owned, 18,000 hectare Buritica gold project, located in the Department of Antioquia, Colombia, is characterized by widespread, high-grade gold mineralization in multiple vein packages as well as extensive gold-in-soil anomalies. Drilling to date has focused on the Yaragua and Veta Sur vein systems. These systems exhibit two mineralogically and geochemically distinct phases of gold mineralization. Stage I, seen in veins and breccias, consists of semi-massive banded iron-zinc-lead (Fe-Zn-Pb) sulfides with a carbonate-quartz gangue. The recently identified Stage II style is lower in sulfide and consists principally of carbonate, quartz and native gold. Bonanza-grade drill intercepts in areas dominated by Stage II mineralization previously reported from the Veta Sur zone include 14.3 metres at 446 g/t gold and 166 g/t silver in Busy-79.
Total surface and underground diamond drilling on the property since its discovery in 2008 is over 42,000 meters. Seven drills are currently working on infill and step-out on the Veta Sur and Yaragua families of veins, new exploration in targets defined by soil anomalies, and drilling along the trend of a planned one kilometer long tunnel which will access the ore bodies at depth. The 100,000-metre Phase II drilling program is to be completed before end 2011. This release summarizes the results of recent drilling in the Veta Sur and Yaragua systems.
Veta Sur
Results from the eight new drill-holes reported in the Veta Sur system extend the strike length of the 100-metre wide mineralized corridor to 400 meters (Figure 1), open to the southwest. Within this corridor all holes exhibit multiple vein intersections, which preliminary modeling indicates reflect a family of five main veins. The entire Veta Sur corridor is open below the 350 vertical meters currently drill tested. Significant intercepts are tabulated below:
Interval
Hole ID From (m) To (m) (m) Gold g/t Silver g/t Zinc ppm
---------------------------------------------------------------------------
BUSY-81 236.85 239.45 2.60 20.91 7.5 7133
249.35 261.50 12.15 4.81 120.1 3527
including 256.80 258.85 2.05 11.33 254.8 12597
268.40 269.70 1.30 14.22 80.0 2616
285.10 286.35 1.25 23.93 219.2 2421
BUSY-82 68.80 70.20 1.40 14.26 20.0 53800
81.00 83.00 2.00 6.46 30.2 38040
202.10 203.20 1.10 7.62 14.0 1083
313.30 316.50 3.20 4.55 14.8 4380
343.30 346.70 3.40 12.42 23.4 871
BUSY-83 171.00 173.00 2.00 23.33 216.0 13751
252.55 254.50 1.95 12.56 160.2 1369
BUSY-86 352.90 355.00 2.10 4.12 27.8 4445
359.00 362.20 3.20 3.49 23.5 3326
BUSY-89 325.80 328.50 2.70 12.16 19.0 2403
334.50 340.55 6.05 8.93 78.2 1587
BUSY-90 260.85 262.30 1.45 9.38 79.2 3286
333.15 333.80 0.65 18.47 28.0 2036
381.70 382.60 0.90 27.24 68.6 654
405.50 409.80 4.30 16.05 14.7 200
BUSY-91 245.60 249.30 3.70 4.22 18.4 333
283.00 288.10 5.10 4.34 24.2 589
317.70 318.75 1.05 8.64 28.0 2748
BUSY-131 104.00 106.50 2.50 9.63 27.4 1887
124.00 141.90 17.90 113.82 112.4 645
including 127.30 128.50 1.20 1432.35 625.4 625
and 132.00 133.80 1.80 127.02 161.8 796
(a) True widths not known but estimated at 50% or higher of the quoted
intercept
(b) Grades are uncut and an external grade cutoff of 1.0 g/t Au used to
determine intersection thickness and grade
(c) BUSY- sequence drilled from the surface, BUUY- sequence from underground
(d) Holes not reported in numerical sequence are in sample preparation or
assay lab
BUSY-131 was drilled from south to north and in scissor pattern with the north-to-south drilled Busy-79, which intersected 14.3 m @ 446 g/t Au gold and 166 g/t Ag silver. Both holes contain two very high grade portions which exhibit abundant visible gold and which define a steeply-dipping high grade sub-zone of more than 10 metres true thickness. The bonanza gold grades associated with low base metals and vuggy carbonate are typical of the Stage II style mineralization which is proving to be extensive in the Veta Sur system.
Yaragua Veins
Drilling in the Yaragua area focused on defining the western extension of Vein B. Eight of the nine new drill holes into Vein B intersected good gold grades and/or vein-set thicknesses. Higher grades were encountered to the west where the vein shows a distinct Stage II overprint characterized by carbonate-native gold-stibnite mineralization. The main intercepts from these holes are tabulated below and are shown in Figure 2.
A single drill hole completed on the San Antonio vein further demonstrates good grades and continuity of the western part of this vein set. The intersection of 1.25 meters @ 128 g/t Au in BUSY-129 appears to be a Phase II overprint within the broader intersection of 11 meters @ 17.16 g/t Au.
Interval Gold Silver Zinc
Drillhole ID From (m) To (m) (m) g/t g/t ppm Subzone
---------------------------------------------------------------------------
BUSY-80 127.50 129.00 1.50 3.37 6.2 5795 Vein B
BUSY-84 85.00 86.15 1.15 12.58 5.1 4863 Vein B
BUSY-85 85.40 89.90 4.50 6.24 4.0 3281 Vein B
98.90 100.40 1.50 7.10 7.9 3528
BUSY-88 40.95 47.30 6.35 5.07 18.2 13015 Vein B
82.30 84.80 2.50 9.25 6.3 11824
BUSY-92 143.50 144.50 1.00 7.97 18.6 47220
157.75 160.70 2.95 24.37 30.0 18227 Vein B
198.30 198.70 0.40 38.91 10.0 562
BUSY-129 108.70 110.20 1.50 7.13 7.2 2872
118.85 129.85 11.00 17.16 9.9 3038 San Antonio
including 122.40 123.65 1.25 128.40 55.0 3963
140.10 149.60 9.50 8.52 18.1 7551
BUUY-40 136.30 138.50 2.20 15.44 25.8 4470 Vein B
BUUY-41 231.35 237.60 6.25 5.69 6.6 4143 Vein B
240.60 256.90 16.30 3.47 5.2 2423
including 243.30 246.50 3.20 9.72 11.4 1254
BUUY-43 75.00 76.50 1.50 13.10 16.3 1136 Vein B
266.55 267.95 1.40 5.59 8.4 761
BUUY-49 11.00 15.60 4.60 3.86 4.5 1541
60.10 73.50 13.40 6.54 4.6 6646 Vein B
including 65.50 70.50 5.00 13.80 6.6 10918
85.00 86.00 1.00 13.75 4.9 247
(a) True widths not known but estimated to be 50% or higher of quoted
intercept
(b) Grades are uncut and an external grade cutoff of 1.0 g/t Au used to
determine intersection thickness and grade
(c) BUSY- sequence drilled from the surface, BUUY- sequence from underground
(d) Holes not reported in numerical sequence are in sample preparation or
assay lab
Technical Information
The results of the Company's drilling program have been reviewed, verified and compiled by Vice President Exploration, Stuart Moller P.Geol., a qualified person for the purpose of NI 43-101. Mr. Moller has over 30 years of mineral exploration experience and is a Licensed Professional Geologist in the Province of British Colombia and a Fellow of the Society of Exploration Geologists.
The company utilizes an industry-standard QA/QC program. HQ and NQ diamond drill-core is sawn in half with one half shipped to a sample preparation lab in Medellin run by SGS Colombia. Samples are then shipped for analysis to SGS certified assay laboratory in Lima, Peru. The remainder of the core is stored in a secured storage facility for future assay verification. Blanks, duplicates and certified reference standards are inserted into the sample stream to monitor laboratory performance and a portion of the samples are periodically check assayed at ACME laboratories in Vancouver and/or Inspectorate Labs in Reno.
About Continental Gold Limited
Continental Gold Limited is an advanced-stage exploration company with eight gold projects covering 200,000 hectares in Colombia. Spearheaded by a management team with over 40 years of exploration and mining experience in South America, the Company has begun an aggressive exploration program on its extensive portfolio of properties with a focus on its flagship high-grade gold project, Buritica and the highly-prospective Berlin gold project. Additional details on the Buritica project and the rest of Continental Gold's suite of gold exploration properties is available at www.ContinentalGold.com.
Forward-Looking Statements
"This press release contains or refers to forward-looking information, including statements regarding the estimation of mineral resources, exploration results, potential mineralization, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions, and is based on current expectations that involve a number of business risks and uncertainties. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, 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. Forward-looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results. Readers should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by law."
To view Figure 1 - Surface plan of current and past drilling in the Veta Sur area, please visit the following link: http://media3.marketwire.com/docs/cnl_1124_fig_1.pdf
To view Figure 2 - Plan view of the new drilling in the Yaragua family of veins (previous drilling shown in gray traces), please visit the following link: http://media3.marketwire.com/docs/cnl_1124_fig_2.pdf
Contacts: Continental Gold Limited Naomi Nemeth Vice President, Investor Relations +1 416.643.7638 info@continentalgold.com www.continentalgold.com
SOURCE: Continental Gold Ltd.
mailto:info@continentalgold.com http://www.continentalgold.com
Continental Gold Drills 17.9 metres at 113.82 g/t Gold and 112 g/t Silver in the Veta Sur System, Buritica Gold Project, Colombia
11/24/2010 6:31 AM - Market Wire
TORONTO, ONTARIO, Nov 24, 2010 (MARKETWIRE via COMTEX News Network) --
Continental Gold Ltd. ("Continental" or the "Company") (TSX: CNL) is pleased to announce further diamond drilling results from the Veta Sur and Yaragua vein systems at its Buritica gold project in Antioquia, Colombia. Seven drills continue to turn as part of a 100,000 metres Phase II diamond drilling program, with completion anticipated prior to the end of 2011.
Highlights
-- Drill hole BUSY-131 tested the central Veta Sur system and intersected
17.9 metres @ 113.82 g/t gold and 112 g/t silver including 1.2 metres @
1432.35 g/t gold and 625 g/t silver. This hole was an offset of the
previously announced BUSY-79 which intersected 14.3 m @ 446 g/t gold and
166 g/t silver.
-- Step-out drilling on the Veta Sur system indicates significant gold
mineralization in multiple sub-parallel veins in a 100-meter wide
corridor with more than 400 meters of lateral and 350 metres vertical
extents and is open to the west and at depth.
-- High grade Stage II-style gold mineralization has now been identified
overprinting phyllic alteration and base metal/carbonate gold (Stage I)
mineralization in the Yaragua and Veta Sur systems
-- Continuing drilling in the Yaragua area family of veins intersected 11.0
meters @ 17.16 g/t gold including 1.25 meters @ 128.40 g/t gold and 55
g/t silver in hole BUSY-129 in the western portion of the San Antonio
vein.
-- Step-out and infill drill intercepts on Yaragua Vein B includes 2.95
meters @ 24.37 g/t gold with 30 g/t silver in BUSY-92 and 13.4 meters @
6.54 g/t gold in BUUY-49.
Details
The 100%-owned, 18,000 hectare Buritica gold project, located in the Department of Antioquia, Colombia, is characterized by widespread, high-grade gold mineralization in multiple vein packages as well as extensive gold-in-soil anomalies. Drilling to date has focused on the Yaragua and Veta Sur vein systems. These systems exhibit two mineralogically and geochemically distinct phases of gold mineralization. Stage I, seen in veins and breccias, consists of semi-massive banded iron-zinc-lead (Fe-Zn-Pb) sulfides with a carbonate-quartz gangue. The recently identified Stage II style is lower in sulfide and consists principally of carbonate, quartz and native gold. Bonanza-grade drill intercepts in areas dominated by Stage II mineralization previously reported from the Veta Sur zone include 14.3 metres at 446 g/t gold and 166 g/t silver in Busy-79.
Total surface and underground diamond drilling on the property since its discovery in 2008 is over 42,000 meters. Seven drills are currently working on infill and step-out on the Veta Sur and Yaragua families of veins, new exploration in targets defined by soil anomalies, and drilling along the trend of a planned one kilometer long tunnel which will access the ore bodies at depth. The 100,000-metre Phase II drilling program is to be completed before end 2011. This release summarizes the results of recent drilling in the Veta Sur and Yaragua systems.
Veta Sur
Results from the eight new drill-holes reported in the Veta Sur system extend the strike length of the 100-metre wide mineralized corridor to 400 meters (Figure 1), open to the southwest. Within this corridor all holes exhibit multiple vein intersections, which preliminary modeling indicates reflect a family of five main veins. The entire Veta Sur corridor is open below the 350 vertical meters currently drill tested. Significant intercepts are tabulated below:
Interval
Hole ID From (m) To (m) (m) Gold g/t Silver g/t Zinc ppm
---------------------------------------------------------------------------
BUSY-81 236.85 239.45 2.60 20.91 7.5 7133
249.35 261.50 12.15 4.81 120.1 3527
including 256.80 258.85 2.05 11.33 254.8 12597
268.40 269.70 1.30 14.22 80.0 2616
285.10 286.35 1.25 23.93 219.2 2421
BUSY-82 68.80 70.20 1.40 14.26 20.0 53800
81.00 83.00 2.00 6.46 30.2 38040
202.10 203.20 1.10 7.62 14.0 1083
313.30 316.50 3.20 4.55 14.8 4380
343.30 346.70 3.40 12.42 23.4 871
BUSY-83 171.00 173.00 2.00 23.33 216.0 13751
252.55 254.50 1.95 12.56 160.2 1369
BUSY-86 352.90 355.00 2.10 4.12 27.8 4445
359.00 362.20 3.20 3.49 23.5 3326
BUSY-89 325.80 328.50 2.70 12.16 19.0 2403
334.50 340.55 6.05 8.93 78.2 1587
BUSY-90 260.85 262.30 1.45 9.38 79.2 3286
333.15 333.80 0.65 18.47 28.0 2036
381.70 382.60 0.90 27.24 68.6 654
405.50 409.80 4.30 16.05 14.7 200
BUSY-91 245.60 249.30 3.70 4.22 18.4 333
283.00 288.10 5.10 4.34 24.2 589
317.70 318.75 1.05 8.64 28.0 2748
BUSY-131 104.00 106.50 2.50 9.63 27.4 1887
124.00 141.90 17.90 113.82 112.4 645
including 127.30 128.50 1.20 1432.35 625.4 625
and 132.00 133.80 1.80 127.02 161.8 796
(a) True widths not known but estimated at 50% or higher of the quoted
intercept
(b) Grades are uncut and an external grade cutoff of 1.0 g/t Au used to
determine intersection thickness and grade
(c) BUSY- sequence drilled from the surface, BUUY- sequence from underground
(d) Holes not reported in numerical sequence are in sample preparation or
assay lab
BUSY-131 was drilled from south to north and in scissor pattern with the north-to-south drilled Busy-79, which intersected 14.3 m @ 446 g/t Au gold and 166 g/t Ag silver. Both holes contain two very high grade portions which exhibit abundant visible gold and which define a steeply-dipping high grade sub-zone of more than 10 metres true thickness. The bonanza gold grades associated with low base metals and vuggy carbonate are typical of the Stage II style mineralization which is proving to be extensive in the Veta Sur system.
Yaragua Veins
Drilling in the Yaragua area focused on defining the western extension of Vein B. Eight of the nine new drill holes into Vein B intersected good gold grades and/or vein-set thicknesses. Higher grades were encountered to the west where the vein shows a distinct Stage II overprint characterized by carbonate-native gold-stibnite mineralization. The main intercepts from these holes are tabulated below and are shown in Figure 2.
A single drill hole completed on the San Antonio vein further demonstrates good grades and continuity of the western part of this vein set. The intersection of 1.25 meters @ 128 g/t Au in BUSY-129 appears to be a Phase II overprint within the broader intersection of 11 meters @ 17.16 g/t Au.
Interval Gold Silver Zinc
Drillhole ID From (m) To (m) (m) g/t g/t ppm Subzone
---------------------------------------------------------------------------
BUSY-80 127.50 129.00 1.50 3.37 6.2 5795 Vein B
BUSY-84 85.00 86.15 1.15 12.58 5.1 4863 Vein B
BUSY-85 85.40 89.90 4.50 6.24 4.0 3281 Vein B
98.90 100.40 1.50 7.10 7.9 3528
BUSY-88 40.95 47.30 6.35 5.07 18.2 13015 Vein B
82.30 84.80 2.50 9.25 6.3 11824
BUSY-92 143.50 144.50 1.00 7.97 18.6 47220
157.75 160.70 2.95 24.37 30.0 18227 Vein B
198.30 198.70 0.40 38.91 10.0 562
BUSY-129 108.70 110.20 1.50 7.13 7.2 2872
118.85 129.85 11.00 17.16 9.9 3038 San Antonio
including 122.40 123.65 1.25 128.40 55.0 3963
140.10 149.60 9.50 8.52 18.1 7551
BUUY-40 136.30 138.50 2.20 15.44 25.8 4470 Vein B
BUUY-41 231.35 237.60 6.25 5.69 6.6 4143 Vein B
240.60 256.90 16.30 3.47 5.2 2423
including 243.30 246.50 3.20 9.72 11.4 1254
BUUY-43 75.00 76.50 1.50 13.10 16.3 1136 Vein B
266.55 267.95 1.40 5.59 8.4 761
BUUY-49 11.00 15.60 4.60 3.86 4.5 1541
60.10 73.50 13.40 6.54 4.6 6646 Vein B
including 65.50 70.50 5.00 13.80 6.6 10918
85.00 86.00 1.00 13.75 4.9 247
(a) True widths not known but estimated to be 50% or higher of quoted
intercept
(b) Grades are uncut and an external grade cutoff of 1.0 g/t Au used to
determine intersection thickness and grade
(c) BUSY- sequence drilled from the surface, BUUY- sequence from underground
(d) Holes not reported in numerical sequence are in sample preparation or
assay lab
Technical Information
The results of the Company's drilling program have been reviewed, verified and compiled by Vice President Exploration, Stuart Moller P.Geol., a qualified person for the purpose of NI 43-101. Mr. Moller has over 30 years of mineral exploration experience and is a Licensed Professional Geologist in the Province of British Colombia and a Fellow of the Society of Exploration Geologists.
The company utilizes an industry-standard QA/QC program. HQ and NQ diamond drill-core is sawn in half with one half shipped to a sample preparation lab in Medellin run by SGS Colombia. Samples are then shipped for analysis to SGS certified assay laboratory in Lima, Peru. The remainder of the core is stored in a secured storage facility for future assay verification. Blanks, duplicates and certified reference standards are inserted into the sample stream to monitor laboratory performance and a portion of the samples are periodically check assayed at ACME laboratories in Vancouver and/or Inspectorate Labs in Reno.
About Continental Gold Limited
Continental Gold Limited is an advanced-stage exploration company with eight gold projects covering 200,000 hectares in Colombia. Spearheaded by a management team with over 40 years of exploration and mining experience in South America, the Company has begun an aggressive exploration program on its extensive portfolio of properties with a focus on its flagship high-grade gold project, Buritica and the highly-prospective Berlin gold project. Additional details on the Buritica project and the rest of Continental Gold's suite of gold exploration properties is available at www.ContinentalGold.com.
Forward-Looking Statements
"This press release contains or refers to forward-looking information, including statements regarding the estimation of mineral resources, exploration results, potential mineralization, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions, and is based on current expectations that involve a number of business risks and uncertainties. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, 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. Forward-looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results. Readers should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by law."
To view Figure 1 - Surface plan of current and past drilling in the Veta Sur area, please visit the following link: http://media3.marketwire.com/docs/cnl_1124_fig_1.pdf
To view Figure 2 - Plan view of the new drilling in the Yaragua family of veins (previous drilling shown in gray traces), please visit the following link: http://media3.marketwire.com/docs/cnl_1124_fig_2.pdf
Contacts: Continental Gold Limited Naomi Nemeth Vice President, Investor Relations +1 416.643.7638 info@continentalgold.com www.continentalgold.com
SOURCE: Continental Gold Ltd.
mailto:info@continentalgold.com http://www.continentalgold.com
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Kurzportrait:
Continental Gold (TSX:CNL) ist ein Explorationsunternehmen auf fortgeschrittener Stufe, das in Kolumbien offensive Feldprogramme und Vorentwicklungsarbeiten an seinem hochgradigen Vorzeigegoldprojekt Buriticá durchführt und an seinem viel versprechenden Berlin Goldprojekt ausführlich exploriert. Continental Gold hat ein umfassendes Portfolio von Goldprojekten in Kolumbien, die sich zu 100% in Unternehmensbesitz befinden und eine Fläche von 200.000 Hektar abdecken.
Projekte
Buriticá Goldprojekt
Continental Golds Vorzeigeprojekt Buriticá ist eine neue, hochgradige Goldlagerstätte, die sich 75 km nordwestlich von Medellin im kolumbianischen Department Antioquia befindet. Das Projekt ist über eine asphaltierte Straße zugänglich und bietet eine exzellente Infrastruktur mit verfügbarer Strom- und Wasserversorgung.
Buriticá ist ein hochgradiges Goldadern-/Brekziensystem, das bisher zwei wichtige Adersysteme hervorgebracht hat: die Yaragua Zone und die Veta Sur Zone, sowie die Yaragua Brekzie. Eine große Menge an Zielgebieten konnten durch ausführliche geochemische Bodenproben innerhalb einer 1 km² großen Zone nahe der Ader-Zonen identifiziert werden. Seit der ersten Bohrung Ende 2007 hat Continental bei diesem Projekt Diamantbohrungen über mehr als 35.000 m durchgeführt und mehr als 1.200 m unterirdisch entwickelt. Das derzeitige Bohrprogramm wird bis Mitte 2011 noch einmal 30.000 m beitragen. Die Vorentwicklungsarbeiten bei Buriticá begannen im zweiten Quartal 2010. Bonanza-Gehalte in der Veta Sur Zone, Buriticá
Am 31. August 2010 veröffentlichte Continental Gold eine erste Reihe von Bohrergebnissen des Buriticá Programms 2010/2011, die einige bedeutende Abschnitte in beiden Adern enthalten, darunter:
14.3 metres at 446g/t Gold and 166g/t Silver
19.2 meteres at 79.09 g/t Gold
9.30 metres at 6.37g/t gold and 44g/t silver
8.85 metres at 10.28g/t gold and 11g/t Silver
8,80 meteres at 71,10g/t gold
8.50 metres at 23.67g/t gold and 149g/t silver
7.0 meteres at 91.99 g/t gold
5.9 metres at 21.34g/t gold and 49g/t silver
5.5 metres at 100.2g/t gold and 88.3g/t silver
4.70 metres at 85.44g/t gold and 71g/t silver
3.90 metres at 31.98g/t gold and 40g/t silver
3.0 metres at 2106.1g/t Gold and 738.7g/t Silver
2.1 metres at 258g/t gold
1.5 metres at 64.82g/t gold
1.2 metres at 61.43g/t gold
2.7 metres at 5.87g/t gold
0,6 meteres at 634,5g/t gold
Berlin Goldprojekt
Das Berlin Goldprojekt befind sich zu 100% im Besitz von Continental Gold und liegt 100 km nördlich von Medellin. Oberflächenkartierungen und Probenentnahmen weisen auf große mesothermale Adern in einem weitläufigen orogenen Goldsystem hin. Außerdem haben die bereits durchgeführten Arbeiten auf den Lizenzgebieten von Continental Gold eine 11 km lange Ader in zwei parallelen Gürteln umreißen können. Die ursprüngliche Berlin Mine war von 1930 bis 1946 in Betrieb und produzierte 413.000 Unzen Gold aus einer
20 m dicken Linse mit einem Produktionsgehalt von 16 g/t Au und einer Ausbeute von 94%. Continental Gold begann mit der ersten Bohrphase im Juli 2010, die bis zu 4.000 m umfasst.
Continental Gold (TSX:CNL) ist ein Explorationsunternehmen auf fortgeschrittener Stufe, das in Kolumbien offensive Feldprogramme und Vorentwicklungsarbeiten an seinem hochgradigen Vorzeigegoldprojekt Buriticá durchführt und an seinem viel versprechenden Berlin Goldprojekt ausführlich exploriert. Continental Gold hat ein umfassendes Portfolio von Goldprojekten in Kolumbien, die sich zu 100% in Unternehmensbesitz befinden und eine Fläche von 200.000 Hektar abdecken.
Projekte
Buriticá Goldprojekt
Continental Golds Vorzeigeprojekt Buriticá ist eine neue, hochgradige Goldlagerstätte, die sich 75 km nordwestlich von Medellin im kolumbianischen Department Antioquia befindet. Das Projekt ist über eine asphaltierte Straße zugänglich und bietet eine exzellente Infrastruktur mit verfügbarer Strom- und Wasserversorgung.
Buriticá ist ein hochgradiges Goldadern-/Brekziensystem, das bisher zwei wichtige Adersysteme hervorgebracht hat: die Yaragua Zone und die Veta Sur Zone, sowie die Yaragua Brekzie. Eine große Menge an Zielgebieten konnten durch ausführliche geochemische Bodenproben innerhalb einer 1 km² großen Zone nahe der Ader-Zonen identifiziert werden. Seit der ersten Bohrung Ende 2007 hat Continental bei diesem Projekt Diamantbohrungen über mehr als 35.000 m durchgeführt und mehr als 1.200 m unterirdisch entwickelt. Das derzeitige Bohrprogramm wird bis Mitte 2011 noch einmal 30.000 m beitragen. Die Vorentwicklungsarbeiten bei Buriticá begannen im zweiten Quartal 2010. Bonanza-Gehalte in der Veta Sur Zone, Buriticá
Am 31. August 2010 veröffentlichte Continental Gold eine erste Reihe von Bohrergebnissen des Buriticá Programms 2010/2011, die einige bedeutende Abschnitte in beiden Adern enthalten, darunter:
14.3 metres at 446g/t Gold and 166g/t Silver
19.2 meteres at 79.09 g/t Gold
9.30 metres at 6.37g/t gold and 44g/t silver
8.85 metres at 10.28g/t gold and 11g/t Silver
8,80 meteres at 71,10g/t gold
8.50 metres at 23.67g/t gold and 149g/t silver
7.0 meteres at 91.99 g/t gold
5.9 metres at 21.34g/t gold and 49g/t silver
5.5 metres at 100.2g/t gold and 88.3g/t silver
4.70 metres at 85.44g/t gold and 71g/t silver
3.90 metres at 31.98g/t gold and 40g/t silver
3.0 metres at 2106.1g/t Gold and 738.7g/t Silver
2.1 metres at 258g/t gold
1.5 metres at 64.82g/t gold
1.2 metres at 61.43g/t gold
2.7 metres at 5.87g/t gold
0,6 meteres at 634,5g/t gold
Berlin Goldprojekt
Das Berlin Goldprojekt befind sich zu 100% im Besitz von Continental Gold und liegt 100 km nördlich von Medellin. Oberflächenkartierungen und Probenentnahmen weisen auf große mesothermale Adern in einem weitläufigen orogenen Goldsystem hin. Außerdem haben die bereits durchgeführten Arbeiten auf den Lizenzgebieten von Continental Gold eine 11 km lange Ader in zwei parallelen Gürteln umreißen können. Die ursprüngliche Berlin Mine war von 1930 bis 1946 in Betrieb und produzierte 413.000 Unzen Gold aus einer
20 m dicken Linse mit einem Produktionsgehalt von 16 g/t Au und einer Ausbeute von 94%. Continental Gold begann mit der ersten Bohrphase im Juli 2010, die bis zu 4.000 m umfasst.
Antwort auf Beitrag Nr.: 40.582.777 von visas am 24.11.10 15:38:19ich kann nichts sehen,
giebt es dazu auch eine WKN, bzw. wo wird die Aktie gehandelt?
giebt es dazu auch eine WKN, bzw. wo wird die Aktie gehandelt?
Trading Spotlight
Antwort auf Beitrag Nr.: 40.583.261 von olli60 am 24.11.10 16:19:13Continental Gold wird kaum in DE gehandelt (ausser gelediglich Börse berlin). Ein Listing in Frankfurt geplant. Ansonsten in der Heimatbörse Kanada kaufen.
WKN: A1CW79
ISIN: BMG238501032
WKN: A1CW79
ISIN: BMG238501032
Antwort auf Beitrag Nr.: 40.583.355 von visas am 24.11.10 16:28:50danke, behalte die mal im Auge.
Antwort auf Beitrag Nr.: 40.583.431 von olli60 am 24.11.10 16:36:24Hmmm....nicht zu lange überlegen
Nächstes Kursziel: 14 CAD$
Mehr infos bekommst du auch in diesem Thread:
http://www.wallstreet-online.de/diskussion/1159639-1-10/disk…
Nächstes Kursziel: 14 CAD$Mehr infos bekommst du auch in diesem Thread:
http://www.wallstreet-online.de/diskussion/1159639-1-10/disk…
Ich habe mir erlaubt, die WKN zuzuordnen
MfG a.mueller
MfG a.mueller
Antwort auf Beitrag Nr.: 40.583.649 von visas am 24.11.10 16:54:56da wird garnicht überlegt!da wird zugegrffen und zwar mit beiden Händen 
Antwort auf Beitrag Nr.: 40.584.803 von zocklany am 24.11.10 18:56:11
Wow du bist ja ein richtiger Experte
Was sagst du denn zu den Bohrergebnisse? Selten gesehen?!?!
Continental Gold wird bis zum Ende des Jahres bei ca. 12CAD$ stehen!!!!
Gruß Visas
Wow du bist ja ein richtiger ExperteWas sagst du denn zu den Bohrergebnisse? Selten gesehen?!?!
Continental Gold wird bis zum Ende des Jahres bei ca. 12CAD$ stehen!!!!
Gruß Visas
Antwort auf Beitrag Nr.: 40.584.800 von a.mueller am 24.11.10 18:54:41Vielen Dank! 
Ich hab stets Fakten geliefert!!! Continental Gold ist nicht mal in Europa bekannt!( Ausnahme: USA/Kanada/Südamerika).
Gründe für 3 Threads:
1) Informationsthread über CNL
2) Rohstoffguru Stanley (Kanada) berichtet über CNL (bei deut. Börsenbriefen hätte ich das nie gemacht!!!)
3) Die gestrige News mit Hammer-Bohrergebnisse wollte ich Euch nicht vorenthalten!!!
Ich hoffe Ihr habt dafür Verständnis.
Sieh Fakten-Thread mit sämtlichen Infos:
http://www.wallstreet-online.de/diskussion/1159639-1-10/disk…
Gruß Visas
P.s Nächste Überraschungsaktie mit Knalleffekt (nach oben) wird unter anderem Bellhaven Copper&Gold (WKN: A0LB9Y)
Gründe für 3 Threads:
1) Informationsthread über CNL
2) Rohstoffguru Stanley (Kanada) berichtet über CNL (bei deut. Börsenbriefen hätte ich das nie gemacht!!!)
3) Die gestrige News mit Hammer-Bohrergebnisse wollte ich Euch nicht vorenthalten!!!
Ich hoffe Ihr habt dafür Verständnis.
Sieh Fakten-Thread mit sämtlichen Infos:
http://www.wallstreet-online.de/diskussion/1159639-1-10/disk…
Gruß Visas
P.s Nächste Überraschungsaktie mit Knalleffekt (nach oben) wird unter anderem Bellhaven Copper&Gold (WKN: A0LB9Y)
!
Dieser Beitrag wurde moderiert. Grund: Spammposting
Neuer Jahreshoch in Kanada bei CONTINENTAL GOLD!!!
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