Continental Gold Limited announced diamond drill-holes from the Yaraguá and Veta Sur vein systems, as part of the company's ongoing exploration program at the Buriticá Project in Antioquia, Colombia. Seven drills are currently on site as part of the company's Phase IV, minimum 95,000 metre diamond drill program for 2013. Yaraguá Vein System: Drilling in the Yaraguá vein system (Yaraguá) has resulted in extensions to several vein sets and recognition of new veins outside of the current mineral resource model, while demonstrating additional support for the mineral resource model prepared in accordance with National Instrument 43-101.

In central and eastern Yaraguá, ten drill-holes transected the central and northern vein packages, with intersections of high-grade veins as good as or better than the current mineral resource model. Drill-hole intercepts exhibiting substantially higher grades and/or greater thicknesses than the mineral resource model include: BUUY083: 22.3 metres @ 23.9 g/t gold and 255 g/t silver (including 4.6 metres @ 36.8 g/t gold, 1,071 g/t silver and 1.6 metres @ 183.0 g/t gold and 96 g/t silver) (Veins PRE and VNB, elevation of 1,364 metres); BUUY086: 20.2 metres @ 11.4 g/t gold and 59 g/t silver (including 1.6 metres @ 68.3 g/t gold, 142 g/t silver and 0.6 metres @ 66.0 g/t gold and 24 g/t silver) (Veins PRE and VNB, elevation of 1,359 metres); BUUY086: 10.79 metres @ 11.4 g/t gold and 57 g/t silver (including 1.07 metres @ 77.4 g/t gold and 410 g/t silver) (Vein C, elevation of 1,337 metres); BUUY087: 3.3 metres @ 37.5 g/t gold and 27 g/t silver (including 1.5 metres @ 77.8 g/t gold and 35 g/t silver (Vein C, central Yaraguá, elevation of 1,393 metres); BUUY079: 4.7 metres @ 7.6 g/t gold and 5 g/t silver (including 1.4 metres @ 21.2 g/t gold and 8 g/t silver) (Vein FWV, elevation of 1,165 metres). Eight drill-holes intersected multiple veins north of the mineral resource model in central and eastern Yaraguá, including: BUUY078: 0.75 metres @ 6.5 g/t gold and 334 g/t silver (elevation of 1,148 metres); BUUY079: 1.0 metres @ 10.3 g/t gold, 36 g/t silver (elevation of 1,097 metres); BUUY080: 6.6 metres @ 5.6 g/t gold and 18 g/t silver (including 2.9 metres @ 10.4 g/t gold and 33 g/t silver) (elevation of 1,135 metres); BUUY081: 0.4 metres @ 2.7 g/t gold and 1,360 g/t silver (elevation of 1,273 metres); BUUY086: 0.67 metres @ 9.2 g/t gold, 277 g/t silver and 14.4% zinc (elevation of 1,128 metres) and 1.25 metres @ 8.1 g/t gold, 141 g/t silver and 4.5% zinc (elevation of 1,067 metres); BUUY087: 0.45 metres @ 6.8 g/t gold and 842 g/t silver (elevation of 1,217 metres) and 2.6 metres @ 7.4 g/t gold and 72 g/t silver (elevation of 1,206 metres); BUUY088: 5.6 metres @ 5.9 g/t gold, 15 g/t silver and 3.2% zinc (elevation of 1,093 metres); BUUY089: 5.2 metres @ 6.8 g/t gold and 259 g/t silver (including 1.3 metres @ 16.3 g/t gold, 892 g/t silver and 6.6% zinc (elevation of 1,065 metres).

These results are interpreted as representing substantial extensions to the Vein A, Vein D and other northerly yet to be modeled vein sets. In eastern Yaraguá, the results of BUSY309 extended the southern and central Yaraguá vein sets; intercepts in the Murcielagos vein package include: 5.0 metres @ 9.6 g/t gold and 10 g/t silver (including 1.0 metres @ 38.1 g/t gold and 14 g/t silver) (elevation of 1,317 metres); 4.71 metres @ 6.0 g/t gold and 84 g/t silver (including 0.73 metres @ 23.5 g/t gold and 282 g/t silver) (elevation of 1,324 metres). In central western Yaraguá, two drill-holes intersected relatively high-grade and thick intercepts in the Vein C package, including: 6.3 metres @ 15.7 g/t gold and 11 g/t silver (including 2.0 metres @ 31.2 g/t gold and 19 g/t silver) (BUSY307; elevation of 1,255 metres); 4.8 metres @ 40.9 g/t gold and 50 g/t silver (including 1.75 metres @ 109.1 g/t gold and 121 g/t silver) (BUSY312; elevation of 1,304 metres).

Both these intercepts vertically extend the high grades in Vein C in this area. Veta Sur Vein System: Drilling in the Veta Sur vein system (Veta Sur) has resulted in extensions to several vein sets and the recognition of other veins also outside of the current mineral resource model, as well as providing additional in-fill results within the current mineral resource model. BUSY318, transected the central Veta Sur system, intersecting 20 auriferous veins within the current mineral resource, including an intercept of: 16.5 metres @ 20.7 g/t gold and 41 g/t silver (including 1.12 metres @ 199 g/t gold and 346 g/t silver) (elevation of 1,647 metres) extending a broad high-grade zone by 30 vertical metres.

Further down-hole, an intercept of: 0.85 metres @ 137 g/t gold and 20 g/t silver (elevation of 1,563 metres) represents a substantially higher grade than the vein modeled in this area and may mark a new Stage II mineralized subzone. At greater depths and further south; BUSY318 intersected several newly recognized veins including an intercept of: 0.42 metres @ 59.7 g/t gold and 644 g/t silver (elevation of 1,405 metres); BUSY306 and BUSY313, drilled in north-eastern Veta Sur, both encountered around 20 auriferous veins, interpreted mostly as extensions of modeled veins. Intercepts outside of the current mineral resource model include: 5.5 metres @ 8.8 g/t gold and 14 g/t silver (including 1.0 metres @ 17 g/t gold and 19 g/t silver) (BUSY306, elevation of 1,241 metres); 1.85 metres @ 4.3 g/t gold and 330 g/t silver (including 0.95 metres @ 8.2 g/t gold and 597 g/t silver) (BUSY313, elevation of 1,280 metres).

BUSY302, also in northeastern Veta Sur, intersected: 2.25 metres @ 21.9 g/t gold and 68 g/t silver (elevation of 1,682 metres and outside of the current mineral resource envelope). BUSY311 extended several veins laterally in southwestern Veta Sur, high silver/gold intercepts include: 1.3 metres @ 1.8 g/t gold and 378 g/t silver (including 0.4 metres @ 3.6 g/t gold and 1,080 g/t silver) at an elevation of 1,650 metres, more than 800 metres higher vertically than high-grade gold intercepts encountered in this area with previous deep drilling.