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Continental Gold Limited New CGOOF



GREY:CGOOF - Post by User

Post by thedave2006on Jan 08, 2018 9:50am
134 Views
Post# 27304981

news

news

 

Continental Gold produces 173 oz Au in Buritica trial

 

2018-01-08 07:42 ET - News Release

 

Mr. Paul Begin reports

CONTINENTAL GOLD PRODUCES 59% MORE GOLD FROM TRIAL MINING STOPE ORE MILLED AT YARAGU COMPARED TO BLOCK MODEL ESTIMATE

Continental Gold Inc. has released positive gold reconciliation results from approximately 600 tonnes of recently extracted trial mining test ore that the company batch processed through its 30-tonne-per-day Yaragua mill located at the Buritica project, Antioquia, Colombia. Two vertically-stacked stopes located along the HW vein in the Yaragua system, at a midpoint elevation of 1,525 RL measuring 20 metres along strike by 35 metres vertically by 2.60 metres wide, were mined using the mechanized long-hole method. All ore extracted from the stopes was systematically and thoroughly muck sampled and assayed, with final results significantly better than the current mineral resource block model estimate on grade, tonnes and ounces (see December 18, 2017 Company news release).


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