Continental Gold Inc. announced additional high-grade assay results from underground channel sampling and nine holes drilled into the Yaraguá system as part of the underground mine construction and exploration drilling program at its 100%-owned Buriticá project in Antioquia, Colombia. The Company plans to drill up to 73,500 metres in 2019, consisting of approximately 55,000 metres of capitalized definition drilling and approximately 18,500 metres of infill drilling. Additionally, the Company has a significant backlog of drill holes being assayed, and the results are pending and will be reported in due course. Lastly, an updated NI 43-101 mineral resource estimate for the Buriticá project remains on schedule and is expected to be completed prior to the end of first quarter of 2019. Nine diamond drill holes were completed from three different locations targeting the eastern extension of the Yaraguá system. Six holes were collectively drilled from two different surface pads, while three were drilled from an underground chamber. Based on reinterpretation of the geological model using recently updated lithological and block models as well as assay data from previous drilling, a location for the BMZ2 target was generated. Seven new diamond drill holes covering approximately 100 vertical metres were designed to test the target, resulting in a new discovery. Key results are as follows: 20.10 metres @ 9.02 g/t gold and 7.9 g/t silver, including 1.70 metres @ 30.72 g/t gold and 17.3 g/t silver and 0.5 metres @ 129.50 g/t gold and 42.8 g/t silver (BUSY391, 1,339-metre elevation); 8.70 metres @ 9.13 g/t gold and 14.4 g/t silver, including 0.75 metres @ 66.70 g/t gold and 96.9 g/t silver (BUSY390, 1,380-metre elevation); 10.05 metres @ 5.97 g/t gold and 105.6 g/t silver, including 0.70 metres @ 57.9 g/t gold and 1,425 g/t silver (BUSY393, 1,346- metre elevation); 37.95 metres @ 3.11 g/t gold and 10 g/t silver, including 0.5 metres @ 35.6 g/t gold and 4.5 g/t silver (BUUY410, 1,421-metre elevation); and 23.65 metres @ 3.20 g/t gold and 27.7 g/t silver, including 2.15 metres @ 14.52 g/t gold and 17.6 g/t silver (BUUY412, 1,436-metre elevation). These intercepts into the BMZ2 new discovery not only confirm its presence, but also that it hosts high-grade gold over robust widths. While it is still early days towards understanding the potential of this new discovery, the Company is optimistic that additional drilling may result in a zone, which is similar to BMZ1 further to the west, that covers 440 vertical metres and remains open for depth expansion. If proven by future drilling, BMZ2 could introduce additional mine plan flexibility and greatly increase production flexibility for future mining. In addition to the discovery of BMZ2, all nine diamond drill holes successfully intercepted high-grade gold-bearing veins at various elevations covering more than 580 metres. All vein intercepts resulted in significantly higher grades than in the current mineral resource block model and remain open for expansion at depth and along strike to the east towards the projection of the Tonusco fault and at depth. Key results are as follows: 1.00 metres @ 215 g/t gold and 58.6 g/t silver (BUSY385D02, 1,168-metre elevation, MUS30 vein); 10.70 metres @ 7.09 g/t gold and 65.3 g/t silver, including 0.5 metres @ 19.25 g/t gold and 26.8 g/t silver (BUSY385D02, 980-metre elevation, MU4, MU5 and MU6 veins); and 1.30 metres @ 94.91 g/t gold equivalent (BUSY391, 1,247-metre elevation, MU6 vein). Subsequent to the Company's October 16, 2018 announcement of sampling results taken across the axis of development tunnels in the Yaraguá system, drifting has continued along the HW vein and the San Antonio vein, as well as a new drift along a NWSE vein. Significantly higher grades and wider exposures continue to be encountered to the southwest along the HW vein, which has been extended 9 metres for a total length along the drift of 46 metres. Additionally, development to the east in the San Antonio and HW vein drifts continues to expose remarkably continuous high-grade gold over robust widths. East in San Antonio, significant mineralization has been extended 10 metres for a total length along the drift of 30 metres. East in the HW vein, significant mineralization has been extended 11 metres for a total length along the drift of 50 metres. Additionally, the Company has been drifting along a NWSE mineralized corridor and, to date, has exposure to high-grade mineralization along the drift for a total of 33 metres. The Company will continue preparing the areas for mining as well as further advancing the drifts. Results from the HW vein and the San Antonia vein include: 4.17 metres @ 16.17 g/t gold and 23.69 g/t silver along 46 metres (west drift on HW vein); 3.66 metres @ 9.40 g/t gold and 16.41 g/t silver along 50 metres (east drift on HW vein); 4.01 metres @ 15.56 g/t gold and 30.12 g/t silver along 30 metres (east drift on San Antonio vein); and 3.91 metres @ 8.06 g/t gold and 32.83 g/t silver along 33 metres (northwest drift in NWSE vein).