Continental Gold (TSX:CNL; OTCQX:CGOOF) is an advanced-stage exploration and development company focused on maximizing shareholder value by becoming the leading gold producer in Colombia.
What Differentiates Us
The Company´s 100%-owned flagship high-grade Buriticá project is a rare combination of size, grade, straightforward metallurgy, excellent infrastructure and growth potential. On February 24, 2016, the Company released the results of an independent Feasibility Study that indicates the Buriticá project will be a lowest quartile cost producer and an economically robust mine with modest initial capital expenditure. Once in production, Buriticá has the potential to approximately double the legal production of gold in Colombia and become the largest single gold mine in the country.
In association with various government entities in Colombia, the Company was the first in the country to formalize small-scale mining associations, paving the way for the implementation of legal and responsible small-scale mining operations at the Buriticá project. In addition, the Company has operated a 30 tpd small-scale operating mine at Buriticá since 1992 and is one of the largest employers in northwestern Antioquia, employing over 300 people. The Company focuses on providing a safe working environment and partnering with the local communities on key social projects.