737 0 Kommentare Continental Gold Reports on Third Quarter 2017 Activities - Seite 2

Early in the quarter, the Company announced the commencement of a drilling program as part of the 2017 exploration program at the Buriticá project. Subsequent to this announcement, the Company increased its drill program for calendar 2017 from 15,000 to 25,000 metres with eight drill rigs on site and operating.

Highlights

The drill program includes infill drilling of mineral resources in order to move them into higher classification categories, step-out drilling to target high-grade extensions and testing of multiple new targets with high-grade gold potential. The drilling program also includes drilling of targets identified from grassroots exploration conducted around the Buriticá project during the past two years; and
The Company announced on September 18, 2017 the discovery of a vertical extension of a high-grade broad mineralized zone (BMZ) in the Yaraguá deposit at the Buriticá project, drill results of which included: BUUY330, which intersected 29.6 metres @ 14.33 g/t gold and 20 g/t silver; BUUY331, which intersected 45.6 metres @ 17.67 g/t gold and 16 g/t silver; BUUY335, which intersected 34.05 metres @ 10.54 g/t gold and 4.9 g/t silver; and BUUY336, which intersected 33.9 metres @ 17.17 g/t gold and 25.6 g/t silver.

Sustainability

During the quarter, the Company continued its sustainable development activities in Buriticá and surrounding communities aimed at strengthening the community and improving health, education, infrastructure and the environment.

Highlights

On September 20, 2017, the Company published its second annual Sustainability Report, providing information on the Company's safety, environmental, social and economic performance in 2016, as well as key issues identified by the Company and its stakeholders. The report was prepared following the Global Reporting Initiative (GRI) G4 Guidelines (2013) as well as the Mining and Metals Sector Supplement and Core compliance level elements; and
The Company announced that, as part of its sustainability strategy, it had launched Future Harvest, a program to support the agricultural development of western Antioquia by promoting the use of the best agricultural practices to help develop sustainable economic activity in the region, while protecting the environment.