UPDATE: Continental Gold Reports Drill Results from Buritica Project; Stock Edges Up 1%

By Midnight Trader,  January 15, 2013, 11:18:02 AM EDT

Continental Gold Limited (CNL.TO) announced the results for 23 diamond drill-holes from the Yaragua and Veta Sur vein systems, as part of its ongoing exploration program at the Buritica Project in Antioquia, Colombia.

The company said drilling in the Yaragua vein system has resulted in extensions to several vein sets and recognition of new veins outside of the current mineral resource model, while demonstrating additional support for the mineral resource model prepared in accordance with National Instrument 43-101.

CNL edged up by 1% to $9.21 in moving closer to year high $10.03.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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