Alle Erwartungen, u.a. im Hinblick auf die Größe, Qualität inkl. der Gold-Gehalte, wurden um Längen geschlagen - und so erzielt die Junior-Firma einen ganz großen Meilenstein..
Continental Gold Announces an Updated Mineral Resource Estimate for the Buritica Project, Colombia
TORONTO, ONTARIO--(Marketwired - June 24, 2015) - Continental Gold Inc. (TSX:CNL)(OTCQX:CGOOF) ("Continental" or the "Company") is pleased to announce an updated mineral resource estimate for the Yaraguá and Veta Sur vein systems at its 100%-owned Buriticá project in Antioquia, Colombia. Undertaken by independent consultants, Mining Associates Limited ("MA"), the mineral resource estimate is based on 271,003 metres of drill core sampling and 7,215 metres of underground sampling (as at May 11, 2015) and was prepared in accordance with National Instrument 43-101 ("NI 43-101")..
"This current mineral resource estimate significantly surpassed our internal growth expectations for both Measured and Indicated plus total ounces for these categories, and is a testament to the scale of the deposits at Buriticá as well as our team's ability to find and delineate ounces at less than $15 per ounce," commented Ari Sussman, CEO. "With 4.71 million Measured and Indicated gold equivalent ounces, the Company plans to forgo the scheduled updated Preliminary Economic Assessment in H2 2015 and will instead initiate a Feasibility Study, the details of which will be released shortly once the relevant contractors are engaged and scheduling has been finalized."
Dr. Vic Wall, Special Advisor to Continental, oversaw the mineral resource modeling and noted: "The Mining Associates mineral resource model for the Yaraguá and Veta Sur vein systems is the best done to date for the Buriticá project, yet remains well-constrained geologically and conservative in its estimations. The Company is hopeful that the gold and silver resources in both systems continue to grow from future infill and step-out drilling, and that mineral resource confidence levels increase with further underground drilling. Exploration of other largely untested targets to date may contribute to realizing additional precious metal potential of Continental's flagship Buriticá project.."
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Quelle: bigcharts.com
Quote:
Continental Gold liefert: Weitere exzellente Bohrergebnisse inkl. Expansionsbohrungen auf dem Weltklasse Buriticá-Projekt in Kolumbien
Top-Developer Continental Gold (TSX:CNL) verkündet neue Bohrergebnisse, welche erneut die rare Qualität und das massive Explorations-Potential vom Hauptprojekt Buriticá unterstreichen.
Bis ca. Mitte Juli sollte der finanzstarke Gold-Junior (45 Mio. USD Cash) nach dem Fahrplan zwei sehr relevante News und Firmen-Meilensteine publizieren, die erhebliche Kurs-Catalysts darstellen sollten:
Bis ca. Mitte Juli sollte der finanzstarke Gold-Junior (45 Mio. USD Cash) nach dem Fahrplan zwei sehr relevante News und Firmen-Meilensteine publizieren, die erhebliche Kurs-Catalysts darstellen sollten:
1. Ressourcen-Update für Buriticá (exp. > 8 MOz high-grade Gold)
2. Finale Umwelt = Minen-Lizenz und grünes Licht für das high-grade und high-margin Projekt: Key Catalyst
Die Continental-Aktie konnte in den letzten 8 Wochen bereits einen Teil ihrer fundamentalen Unterbewertung (vgl. Peer Group Goldminenbranche) wettmachen, hat jedoch auch weiterhingewaltiges (Out-)Performance-Potential..
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