{"id":1122855,"date":"2019-06-24T18:44:02","date_gmt":"2019-06-24T18:44:02","guid":{"rendered":"https:\/\/www.mining.com\/?p=994688"},"modified":"2019-06-24T18:44:02","modified_gmt":"2019-06-24T18:44:02","slug":"continental-gold-drills-visible-gold-at-buritica-stock-at-9-month-high","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1122855","title":{"rendered":"Continental Gold drills visible gold at Buritic\u00e1; stock at 9-month high"},"content":{"rendered":"

Continental Gold Inc. (TSX:CNL) today announced<\/a> assay results from initial exploration at its Buritic\u00e1 project in Antioquia, Colombia. Visible gold was encountered in all four drill holes.<\/p>\n

Highlights of the latest drill results include 44.90 g\/t gold over 1.20m, 582.00 g\/t gold\u00a0over 0.50m and 47.20 g\/t gold\u00a0over 0.50m. The company points out that these intercepts are grading “significantly higher” than the current inferred mineral resource estimate\u00a0for this target area.<\/p>\n

Shares of Continental Gold jumped nearly 5% on Monday morning to a 9-month high of C$3.47. Its market capitalization stands at C$647.6 million.<\/p>\n

The Toronto-based gold miner is currently in the process of completing a 73,500m definition and exploration drill program at Buritic\u00e1 this year. Construction of the project was 67% complete as of May 31, 2019, and the first gold pour is earmarked for H1 2020.<\/p>\n

The Buritic\u00e1 project, with an estimated 3.71 million ounces<\/a> in mineral reserves, has attracted the interest of major miners such as Newmont, which earlier this year backed the company with a $50 million financing<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Buriticá project has attracted the interest of major miners such as Newmont.<\/p>\n","protected":false},"author":88,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369,4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1122855"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/88"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1122855"}],"version-history":[{"count":2,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1122855\/revisions"}],"predecessor-version":[{"id":1122859,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1122855\/revisions\/1122859"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1122855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1122855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1122855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}