Continental Gold Limited New CGOOF

Streewise reports update : Jamie Spratt, Clarus Securities

[gcefan01]

"The size and grades at Continental Gold Ltd.'s Buritica property offer an exceptional opportunity. The Veta Sur and Yaragua deposits could support a resource of 10–15 Moz gold with continued success in defining additional resources at depth. A deposit of this size could support a production profile of up to 500 Koz/year (or more) over a ~20-year mine life, more than double our currently modeled profile of 215 Koz/year. . .this compelling upside production scenario will ultimately put the company at the top of the list of global development acquisition targets."