Mr. Paul Begin reports

CONTINENTAL GOLD GRANTED ENVIRONMENTAL LICENSE TO CONNECT BURITICA PROJECT TO ELECTRICAL POWER GRID

Continental Gold Inc. has been granted an environmental licence approving the construction of a transmission line to provide electrical power for its proposed large-scale underground mine at the Buritica project, Antioquia, Colombia. The environmental licence was issued by Corpouraba, a regional autonomous environmental authority in Antioquia.

The 110-kilovolt electrical transmission line will emanate from an EPM (Medellin public utility company) substation in Chorodo and will cover a distance of 31.09 kilometres in order to connect with Continental's substation at the Buritica project. The design of the transmission line has adhered to strict environmental protocols in order to limit impacts that could be generated on abiotic, biotic and socio-economic environments. In addition, the company's environmental impact assessment has incorporated necessary measures to mitigate and/or compensate all environmental impacts identified during the preparation of the studies.

We seek Safe Harbor.