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Donnerstag, 1. Dezember 2016

Großer Meilenstein: Continental Gold erhält die Umweltgenehmigung für das Weltklasse Buriticá Goldprojekt in Kolumbien

Nach einer jahrelangen Hängepartie, vielen Unsicherheiten und einer sehr großer Überzeugungsarbeit ist Continental Gold (TSX:CNL) am Ziel angekommen. Die kanadische Junior-Firma erhält die entscheidende Umweltgenehmigung für das Weltklasse Flaggschiffprojekt Buritcá. Ein großer Meilenstein für Continental - und die gesamte Goldminenbranche in Kolumbien.

Continental Gold Receives Environmental Permit for the Buritica Project

Toronto, Ontario, November 30, 2016 – Continental Gold Inc. (TSX:CNL; OTCQX:CGOOF) (“Continental Gold” or the “Company”) is pleased to announce the receipt of the environmental permit for the Company’s Buriticá project.

Resolution No. 01443, dated November 30, 2016, was issued by ANLA, the Colombian National Authority of Environmental Licenses, approving the Company’s application for an amendment to the Environmental License for the Buriticá project located in Antioquia, Colombia. The resolution authorizes Continental Gold to expand its current small-scale operating mine to a fully integrated mining and milling operation, as outlined in the Company’s Feasibility Study dated March 29, 2016. Specifically, the resolution allows Continental Gold to operate and construct all mining and milling-related facilities, including a processing plant up to a maximum of 3,200 tonnes per day. In addition, the resolution allows the Company to mine alluvial material required for construction during the pre-production and production phases of operations and requires the Company to follow strict and environmentally-conscious best practice protocols for the operation and closure of the mine.

Ari Sussman, CEO of Continental Gold, commented: “The completion of permitting for the Buriticá project is a strong testament to Colombia’s willingness to embrace responsible mining and its desire to reinvigorate the gold industry for a country that holds the title as the most prolific gold producer in Latin American history. We would like to thank the local communities, the Government of Antioquia and the National Colombian Government for their confidence in Continental Gold’s ability to deliver a robust environmentally-responsible mine that will yield significant benefits for all stakeholders.”

The modification of the Environmental License, granted by ANLA, reflects Continental Gold’s commitment to building a modern mine with strong operational, environmental and social standards, while generating well-being and development for the communities of Buriticá, the region of Western Antioquia and Colombia,” stated Mateo Restrepo, President of Continental Gold..

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