Why Continental Gold?
Continental Gold is an advanced-stage exploration and development company focused on maximizing shareholder value and committed to the highest standards of community and environmental responsibility. The Company is developing Buriticá, its fully-permitted and well-financed high-grade gold project, located 75 km northwest from Medellín, Colombia. On February 24, 2016, the Company announced the results of an independent Feasibility Study for the Buriticá project. Utilizing a gold price of$1,200/ounce, a silver price of $15/ounce and a US$:COP exchange rate of 1:2,850, the base case scenario resulted in an after-tax net present value at a 5% discount (NPV5) of $860 million, an internal rate of return (IRR) of 31.2% and payback of 2.3 years.