Potential remains for future mineral resource increases in the Yaraguá and Veta Sur vein systems, as most of the vein domains modeled in each deposit are open at depth and to the west.80% of combined Yaraguá and Veta Sur gold resources are situated above an elevation of 1,000 metres, including 97% of combined M&I gold resources.Estimates of tonnage-grade per vertical-metre ( Figures 5 and 6) for the major vein domains demonstrate significant mineral resources over an elevation range of more than 1,000 metres, with less variation than the 2014 Estimate due to the marked increase in infill drilling.Grade-Tonnage charts ( Figure 4) demonstrate the high-grade nature of the Yaraguá and Veta Sur mineral resources over a range of cut-off grades from 0 to 5 g/t gold.
![surpac ids block surpac ids block](https://ars.els-cdn.com/content/image/1-s2.0-S230039601830017X-gr6.jpg)
These estimates were utilized to dilute vein domains to 1-metre horizontal width and will be very important for evaluating potential mining dilution in future economic studies undertaken by the Company. Tonnage-grade estimates were also made of 2-metre wide halos on both sides of vein domains.The 51% increase in the number of composites defining the vein domains increased confidence in mineral resource estimations and demonstrate the continuity of the vein domains. Inferred gold equivalent resources grew by approximately 9%, also at higher grades (9.0 g/t AuEq) than the 2014 Estimate (8.2g/t AuEq=Au+Ag/50), reflecting growth in both deposits through step-out drilling. 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), reflecting the Company’s emphasis on infill drilling and sampling in 20.The updated mineral resource estimate reflects higher estimated tonnages and higher grades. 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 announced by the Company on which was based on the Buriticá database as at Decem(the “2014 Estimate”).M in Figures and Tables represents millions. There have been no assumptions made as to metal prices or recoveries in this mineral resource estimate other than in gold equivalents that are calculated for AuEq = Au+ Ag/60. Minor variations may occur during the addition of rounded numbers. Notes – Reported tonnage and grade figures have been rounded from raw estimates to reflect the order of accuracy of the estimate. Combined mineral resources for the Yaraguá and Veta Sur vein systems, above a 3 g/t gold cut-off grade, are newly estimated as:ĬOMBINED YARAGUÁ AND VETA SUR MINERAL RESOURCESĪbove a 3 g/t gold cut-off, as at May 11, 2015.Undertaken by independent consultants, Mining Associates Limited (“MA”), the mineral resource estimate is based on 271,003 metres of drill core sampling and 7,215 metres of underground sampling (as at May 11, 2015) and was prepared in accordance with National Instrument 43-101 (“NI 43-101”). (TSX:CNL)(OTCQX:CGOOF) (“Continental” or the “Company”) is pleased to announce an updated mineral resource estimate for the Yaraguá and Veta Sur vein systems at its 100%-owned Buriticá project in Antioquia, Colombia.
![surpac ids block surpac ids block](https://64.media.tumblr.com/adca2a5fcedcd2e87160bf1b623b9ab9/45086b7f79e41546-cd/s540x810/a4d5dc26c48dd94e6be114cf3c1a7eecf3dd5c15.jpg)
TORONTO, ONTARIO–(Marketwired – June 24, 2015) – Continental Gold Inc.