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Last C$2.96 CAD
Change Today +0.15 / 5.34%
Volume 487.2K
CNL On Other Exchanges
Symbol
Exchange
CNL is not on other exchanges.
As of 4:00 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

continental gold inc (CNL) Snapshot

Open
C$2.88
Previous Close
C$2.81
Day High
C$3.05
Day Low
C$2.88
52 Week High
09/16/14 - C$3.74
52 Week Low
10/31/14 - C$1.61
Market Cap
383.5M
Average Volume 10 Days
686.4K
EPS TTM
--
Shares Outstanding
129.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CONTINENTAL GOLD INC (CNL)

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continental gold inc (CNL) Details

Continental Gold Limited engages in the acquisition, exploration, evaluation, and development of gold resource properties in Colombia. The company holds the rights to explore and develop 4 properties in Colombia covering approximately 168,817 hectares. Its flagship project includes the Buriticá project covering an area of 59,285 hectares located to the northwest of Medellín in the Antioquia Department of north-western Colombia. The company was founded in 2007 and is based in Toronto, Canada.

400 Employees
Last Reported Date: 03/6/15
Founded in 2007

continental gold inc (CNL) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $431.0K
Chief Financial Officer
Total Annual Compensation: $258.6K
Executive Vice President, Director and Member...
Total Annual Compensation: $249.7K
Vice President of Exploration
Total Annual Compensation: $250.0K
Compensation as of Fiscal Year 2014.

continental gold inc (CNL) Key Developments

Continental Gold Inc. Announces Updated Mineral Resource Estimate for the Second Quarter Ended June 30, 2015 for the Buritica Project in Antioquia, Colombia

Continental Gold Inc. reported updated mineral resource estimate for the second quarter ended June 30, 2015 for the Buritica project in Antioquia, Colombia. On June 24, 2015, the Company announced an updated mineral resource estimate, prepared in accordance with NI 43-101, for the Yaragua and Veta Sur vein systems at the Buritica project. Undertaken by independent consultants, Mining Associates Limited, the estimates are based on 271,003 metres of drilling and 7,215 metres of underground sampling (as at May 11, 2015).

Continental Gold Inc. Appoints Mateo Restrepo Villegas as Executive Vice-President, Effective August 12, 2015

Continental Gold Inc. announced the appointment of Mateo Restrepo Villegas as Executive Vice-President, effective August 12, 2015. He will be based in the Company’s office in Medellín, Colombia. Mr. Restrepo has extensive Colombian experience in mining, infrastructure, banking and government relations. Most recently, Mr. Restrepo was Vice-President of Corporate Affairs at Prodeco Group (a Glencore subsidiary), where he was responsible for managing the company’s key relationships with the Colombian government, non-government organizations, and national and local stakeholders proximal to its operations. He was also Director of the Colombian Office of Grupo Salinas – Banco Azteca of Mexico, where he played a pivotal role in the process of licensing and setting up operations in Colombia.

Continental Gold Inc. Announces Updated Mineral Resource Estimate for Buriticá Project, Colombia

Continental Gold Inc. announced 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, the mineral resource estimate is based on 271,003 metres of drill core sampling and 7,215 metres of underground sampling and was prepared in accordance with National Instrument 43-101. The mineral resource estimate represents significant increases in Measured and Indicated (M&I) resources and Inferred resources of gold, silver and zinc over those of the previous mineral resource estimate for the Buriticá project, which was based on the Buriticá database as at December 31, 2013. The updated mineral resource estimate reflects higher estimated tonnages and higher grades. Gold equivalent mineral resources in the M&I category increased by 60% at higher grades (11.4 g/t AuEq) than the 2014 Estimate (11.0 g/t AuEq=Au+Ag/50). Tonnage-grade estimates were also made of 2-metre wide halos on both sides of vein domains. The halo zone on each side of the vein for up to 2 metres in distance was also estimated along with the vein in 2D unfolded space. Informing samples were selected separately for the hanging wall and footwall for each vein. These mineral resource estimates for the Veta Sur vein system are contained in 38 vein domains with average strike extents of 575 metres and average depths extents of 990 metres within more extensive vein envelopes, up to 1,140-metre strike length and 1,600-metre vertical extents. These mineral resource estimates for the Yaraguá vein system are contained in 51 vein domains containing mineral resources above 3 g/t gold cut-off grade with average strike extents of 470 metres and average depth extents of 910 metres within more extensive vein envelopes, up to 1,125 metres strike length and 1,540 metre vertical extents. Mineral resource growth and the increased proportion of higher confidence (M&I) resources reflect a 44% increase in the number of composites defining the vein domains in Yaraguá, primarily resulting from 2014- 2015 drilling and channel sampling.

 

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