Editors note: There are three graphics associated with this press release.

Continental Gold Limited (TSX:CNL)(OTCQX:CGOOF) ("Continental" or the "Company")
is pleased to announce results for 17 diamond drill-holes in the Veta Sur,
Laurel and Yaragua vein systems at the Company's 100%-owned Buritica project in
Antioquia, Colombia. Drilling continues throughout 2014 with the goal of
upgrading Inferred resources into the Measured and Indicated categories under
National Instrument 43-101 ("NI 43-101") guidelines, and delivering overall
robust mineral resource growth.


Highlights (referenced in Figures 1, 2 and 3)



--  Drilling was successful in extending and infilling the central and
    northeastern areas of the Veta Sur vein system through a broad range of
    elevations. Northeast extensions of the Laurel vein system (south of
    Veta Sur) were intersected in nine drill-holes. Extensions to, and
    infill of, the western Yaragua system were also achieved. Drilling
    includes the Company's first six directionally-drilled holes, increasing
    the productivity and reducing the costs of the mineral resource
    delineation program at Buritica. 



Veta Sur Vein System



--  Through a 250-metre strike length of central and northeastern Veta Sur,
    drill-holes intersected multiple veins outside of the current Veta Sur
    mineral resource envelope. Significant intercepts were made over a 1,200
    metres vertical extent, mostly below this envelope, and include: 
    --  1.18 metres @ 14.4 g/t gold and 49 g/t silver (BUSY361D, elevation
        of 1,255 metres); 
    --  2.5 metres @ 18.9 g/t gold and 24 g/t silver (BUSY361D, elevation of
        1,130 metres); 
    --  0.3 metres @ 231 g/t gold and 81 g/t silver (BUSY362, elevation of
        1,115 metres); 
    --  0.6 metres @ 29.4 g/t gold and 16 g/t silver (BUSY364, elevation of
        1,707 metres); 
    --  1.04 metres @ 19.2 g/t gold and 7 g/t silver (BUSY364, elevation of
        1,536 metres); 
    --  0.5 metres @ 331 g/t gold and 93 g/t silver (BUSY364, elevation of
        1,525 metres); 
    --  1.1 metres @ 9.4 g/t gold and 384 g/t silver (BUSY366D, elevation of
        1,219 metres); 
    --  0.5 metres @ 26.2 g/t gold and 28 g/t silver (BUSY367D01, elevation
        of 1,045 metres); and 
    --  2.4 metres @ 16.1 g/t gold and 140 g/t silver (BUSY367D01, elevation
        of 528 metres). 

--  The Veta Sur vein system remains open at depth below the deeper
    intercepts noted above. Although some of these intercepts are among the
    deepest yet encountered in Veta Sur, they lie in an elevation range
    potentially developable from proposed underground infrastructure. 
--  In addition, step-out drilling intercepted high-grade gold and silver at
    elevations above the current mineral resource estimate, and include: 
    --  4.0 metres @ 218.7 g/t gold and 25 g/t silver (BUSY363, elevation of
        1,629 metres); 
    --  0.6 metres @ 42.6 g/t gold and 8 g/t silver (BUUY270, elevation of
        1,582 metres); and 
    --  2.2 metres @ 2,615.4 g/t gold and 388 g/t silver (BUUY270, end of
        hole, elevation of 1,617 metres). 

--  In central and northeastern Veta Sur, drilling through most of the vein
    families commonly encountered vein grades X thicknesses through a broad
    range of elevations that are significantly above those expected from the
    current mineral resource block model. Related intercepts and veins
    include: 
    --  1.45 metres @ 69 g/t gold and 551 g/t silver (BUSY361D01, V31,
        elevation of 917 metres); 
    --  4.3 metres @ 11.5 g/t gold and 31 g/t silver, including 1.9 metres @
        23.7 g/t gold and 64 g/t silver (BUSY361D02, V31, elevation of 794
        metres); 
    --  5.1 metres @ 7.9 g/t gold and 27 g/t silver, including 1.4 metres @
        13.8 g/t gold and 58 g/t silver (BUSY361D03, V34, elevation of 871
        metres); 
    --  0.55 metres @ 1.1 g/t gold and 466 g/t silver (BUSY363, V110,
        elevation of 1,618 metres); 
    --  2.35 metres @ 6.5 g/t gold and 22 g/t silver, including 1.1 metres @
        11.8 g/t gold and 34 g/t silver (BUSY363, V43, elevation of 1,553
        metres); 
    --  2.4 metres @ 12.8 g/t gold and 55 g/t silver, including 1.0 metres @
        19.5 g/t gold and 120 g/t silver (BUSY364, V39, elevation of 1,193
        metres); 
    --  0.5 metres @ 26.7 g/t gold and 73 g/t silver (BUSY364, V31,
        elevation of 1,161 metres); 
    --  1.0 metres @ 19.3 g/t gold and 17 g/t silver (BUSY367D01, elevation
        of 696 metres); 
    --  7.45 metres @ 40 g/t gold and 170 g/t silver, including 2.85 metres
        @ 99.8 g/t gold and 406 g/t silver (BUUY208, V51, elevation of 1,677
        metres); 
    --  0.55 metres @ 21.9 g/t gold and 8 g/t silver (BUUY208, V31,
        elevation of 1,616 metres); 
    --  0.5 metres @ 1.4 g/t gold and 1,280 g/t silver (BUUY208, V20,
        elevation of 1,548 metres); 
    --  13.45 metres @ 8 g/t gold and 25 g/t silver, including 2.05 metres @
        30.5 g/t gold and 100 g/t silver (BUUY249D02, V34, elevation of 728
        metres); 
    --  0.87 metres @ 56.5 g/t gold and 669 g/t silver (BUUY273, V43,
        elevation of 1,567 metres); 
    --  8.2 metres @ 5.1 g/t gold and 20 g/t silver, including 2.45 metres @
        12.5 g/t gold and 54 g/t silver (BUUY273, V48, elevation of 1,572
        metres); 
    --  1.0 metres @ 1.7 g/t gold and 617 g/t silver (BUUY273, V51,
        elevation of 1,576 metres); 
    --  1.0 metres @ 15.7 g/t gold and 217 g/t silver (BUUY273, V70,
        elevation of 1,622 metres); and 
    --  0.5 metres @ 1.5 g/t gold and 924 g/t silver (BUUY273, V75,
        elevation of 1,628 metres). 



Laurel Vein System



--  The Laurel vein system is located directly to the south of Veta Sur and
    has clear potential to share underground access in a future mining
    scenario. Overall drilling to date in the system has demonstrated
    potential vein dimensions of over 700 metres laterally x 1,000 metres
    vertically, while remaining open along strike to the southeast and at
    depth. Additionally, some 300 metres further along strike to the
    southwest from the limits of drilling, the Company appears to have
    recently sampled mineralized Laurel veins (assays pending) in the
    Higabra Valley Tunnel. 
--  Drilling of the Laurel vein system intersected multiple vein packages
    over lateral extents of 270 metres and an elevation range of 660 metres
    (Figures 1 and 3). Higher grade and broader intercepts include: 
    --  8.3 metres @ 6.1 g/t gold and 23 g/t silver, including 1.2 metres @
        24 g/t gold and 36 g/t silver (BUSY361D01, elevation of 1,306
        metres); 
    --  26.3 metres @ 3 g/t gold and 37 g/t silver (BUSY361D02, elevation of
        1,320 metres); 
    --  1.6 metres @ 7.7 g/t gold and 11 g/t silver (BUSY361D03, elevation
        of 1,357 metres); 
    --  0.7 metres @ 19.7 g/t gold and 29 g/t silver (BUSY361D03, elevation
        of 1,335 metres); 
    --  2.15 metres @ 26.3 g/t gold and 121 g/t silver, including 1.1 metres
        @ 50.5 g/t gold and 232 g/t silver (BUSY367D01, elevation of 1,216
        metres); 
    --  1.0 metres @ 12.5 g/t gold and 17 g/t silver (BUUY228D, elevation of
        1,696 metres); 
    --  0.5 metres @ 19.4 g/t gold and 71 g/t silver (BUUY228D, elevation of
        1,677 metres); 
    --  1.9 metres @ 11.3 g/t gold and 65 g/t silver (BUUY249D, elevation of
        1,295 metres); and 
    --  0.68 metres @ 21.3 g/t gold and 49 g/t silver (BUUY249D, elevation
        of 1,288 metres). 



Yaragua Vein System



--  Drill-holes that passed through western Yaragua resulted in depth
    extensions to, and infill of, the vein system in this area. Significant
    intercepts, under the current Yaragua mineral resource envelope,
    include: 
    --  0.67 metres @ 21.4 g/t gold and 38 g/t silver (BUUY249D01, elevation
        of 701 metres); and 
    --  2.07 metres @ 7.6 g/t gold and 24 g/t silver, including 0.5 metres @
        27.6 g/t gold and 48 g/t silver (BUUY249D01, elevation of 694
        metres). 
--  Vein grades X thicknesses significantly above those expected from the
    Yaragua mineral resource block model were encountered through a broad
    elevation range. Related intercepts and veins include: 
    --  0.41 metres @ 95.1 g/t gold and 103 g/t silver (BUSY361D02, MU10,
        elevation of 709 metres); 
    --  0.75 metres @ 11.3 g/t gold and 5 g/t silver (BUSY363, MU2,
        elevation of 1,394 metres); and 
    --  7.0 metres @ 4 g/t gold and 6 g/t silver, including 1.1 metres @
        11.4 g/t gold and 6 g/t silver (BUSY363, HWV, elevation of 1,250
        metres). 



"The Laurel vein system, consisting of at least seven veins, is proving to be a
more serious target than originally interpreted," commented Ari Sussman, CEO of
Continental. "Given it is located close to the proposed future mining
infrastructure in the Higabra Valley, we are formulating plans for more advanced
exploration on the target, including an expanded drilling program and
underground drifting along the system from the Higabra Valley Tunnel in order to
complete an initial mineral resource estimate for Laurel in 2015."


Details

Continental's 100%-owned, 59,095-hectare project, Buritica, contains several
known areas of high-grade gold and silver mineralization, of base metal
carbonate-style ("Stage I") variably overprinted by texturally and chemically
distinctive high-grade ("Stage II") mineralization. The two most extensively
explored of these areas (the Yaragua and Veta Sur systems) are central to this
land package. The Yaragua system has been drill-outlined along 1,100 metres of
strike and 1,300 vertical metres and partially sampled in underground
developments. The Veta Sur system has been drill-outlined along 1,040 metres of
strike and 1,400 vertical metres. Both systems are characterized by multiple,
steeply-dipping veins and broader, more disseminated mineralization and both
remain open at depth and along strike, at high grades. See "About Continental
Gold" below for a precis of updated mineral resource estimates for the Buritica
project prepared in accordance with NI 43-101. This release documents the
results of infill and extension drilling (completed after the December 31, 2013
closure of the database for the Buritica 2014 mineral resource estimate) through
central and northeastern Veta Sur, the northeastern Laurel vein system to the
south of Veta Sur and western Yaragua to the north. Significant new drill
intercepts are listed below in Table I and are referenced in Figures 1, 2 and 3.


Table I: Drilling Highlights



----------------------------------------------------------------------------
HoleID      m       m       Inter- Au      Ag     Zn    Inter-    Vein      
            From    To      cept   (g/t)   (g/t)  (%)   cept      system    
                            Inter-                      RL (m)    /Vein(ii) 
                            val(i)                                          
                                                                            
----------------------------------------------------------------------------
BUSY361D    336.50  337.00  0.50   0.38    335.0  0.84  1480      Laurel    
            354.00  354.60  0.60   0.12    66.3   0.64  1463      Laurel    
            366.70  367.20  0.50   0.04    76.3   0.03  1451      Laurel    
            373.80  374.30  0.50   5.21    7.3    1.52  1444      Laurel    
            402.00  402.50  0.50   4.65    14.7   0.35  1417      Laurel    
            463.70  464.20  0.50   2.18    53.0   0.06  1359      Laurel    
            480.00  481.90  1.90   5.57    40.1   0.08  1342      Laurel    
            485.30  487.25  1.95   1.37    67.2   0.11  1337      Laurel    
            495.60  503.60  8.00   1.68    11.1   0.01  1323      Laurel    
            517.15  518.30  1.15   2.52    209.2  0.70  1308      Laurel    
            525.20  527.70  2.50   1.45    7.2    0.01  1300      Laurel    
            570.00  574.90  4.90   4.76    18.4   0.10  1255      VSur      
incl        571.00  572.18  1.18   14.39   48.5   0.31            VSur      
            578.00  578.50  0.50   17.60   252.0  0.09  1252      VSur      
            707.50  710.00  2.50   18.86   23.7   0.48  1130      VSur      
incl        707.50  708.60  1.10   40.75   51.7   1.06            VSur      
BUSY361D01  60.75   62.70   1.95   2.54    5.8    0.14  1368      Laurel    
            71.13   71.65   0.52   2.78    4.8    0.34  1360      Laurel    
            77.35   80.50   3.15   3.12    30.8   0.40  1352      Laurel    
            90.15   92.70   2.55   1.36    10.3   0.06  1341      Laurel    
            96.00   97.80   1.80   1.87    13.3   0.05  1336      Laurel    
            108.00  114.00  6.00   2.38    20.2   0.04  1322      Laurel    
            122.90  131.20  8.30   6.09    22.7   0.07  1306      Laurel    
incl        130.00  131.20  1.20   23.95   35.6   0.03            Laurel    
            136.40  149.80  13.40  1.48    6.8    0.01  1290      Laurel    
            161.85  165.30  3.45   2.89    19.9   0.07  1276      VSur      
            198.50  199.00  0.50   4.98    12.0   0.39  1245      VSur      
            270.20  271.20  1.00   7.82    1.8    0.45  1181      VSur      
            281.45  283.30  1.85   2.93    9.7    0.03  1170      VSur      
            289.35  290.60  1.25   2.10    8.7    0.06  1164      VSur      
            309.95  310.45  0.50   2.13    4.5    0.08  1146      V130      
            400.00  401.30  1.30   2.70    0.8    0.01  1066      VSur      
            577.05  578.50  1.45   69.04   551.3  0.37  917       V31       
            580.00  581.50  1.50   3.93    4.4    0.01  915       VSur      
            601.90  603.00  1.10   1.36    2.9    0.01  897       Yar/MU1   
            631.00  632.80  1.80   1.01    1.4    0.01  873       Yar       
BUSY361D02  24.20   24.75   0.55   0.99    262.0  1.59  1416      Laurel    
            64.65   65.80   1.15   1.19    2.7    0.27  1378      Laurel    
            85.95   86.45   0.50   3.41    52.5   0.60  1358      Laurel    
            91.35   91.95   0.60   3.19    22.4   0.03  1353      Laurel    
            92.45   98.15   5.70   2.06    31.5   0.09  1348      Laurel    
            101.65  127.95  26.30  2.97    36.5   0.04  1320      Laurel    
            131.48  132.05  0.57   3.51    8.5    0.05  1316      Laurel    
            142.65  143.15  0.50   8.47    77.3   0.44  1306      VSur      
            151.85  152.75  0.90   5.99    3.7    0.03  1298      VSur      
            158.80  159.75  0.95   3.85    7.1    0.27  1291      VSur      
            180.45  181.65  1.20   6.01    54.1   0.05  1271      VSur      
            208.55  209.05  0.50   4.45    11.5   0.05  1246      VSur      
            234.15  234.65  0.50   5.59    157.0  0.28  1222      VSur      
            255.95  257.15  1.20   3.33    1.2    0.02  1202      VSur      
            315.60  316.75  1.15   3.75    23.7   0.20  1147      VSur      
            331.15  333.85  2.70   4.57    11.6   0.05  1132      VSur      
incl        331.65  332.65  1.00   10.31   24.7   0.06            VSur      
            661.80  663.53  1.73   3.66    10.9   0.01  830       V39       
            673.65  675.55  1.90   2.32    4.6    0.08  819       V34       
            698.75  703.05  4.30   11.52   31.4   0.07  794       V31       
incl        701.15  703.05  1.90   23.69   63.7   0.13            V31       
            746.95  748.70  1.75   3.34    5.9    0.02  753       Yar/MU11  
            796.86  797.27  0.41   95.10   103.0  0.98  709       MU10      
BUSY361D03  30.00   30.50   0.50   2.63    2.7    1.78  1413      Laurel    
            81.00   82.00   1.00   1.20    15.5   0.06  1366      Laurel    
            89.75   91.35   1.60   7.69    10.5   0.47  1357      Laurel    
            101.70  102.70  1.00   3.92    8.9    0.05  1347      Laurel    
            105.50  106.50  1.00   1.80    93.9   0.63  1343      Laurel    
            107.15  107.65  0.50   7.72    25.8   0.07  1342      Laurel    
            115.10  115.80  0.70   19.65   29.3   0.05  1335      Laurel    
            120.60  121.10  0.50   5.58    27.5   0.58  1330      Laurel    
            122.33  124.00  1.67   3.14    12.7   0.13  1327      Laurel    
            142.00  143.00  1.00   5.12    5.9    0.02  1310      Laurel    
            150.30  151.50  1.20   1.28    10.8   0.01  1302      Laurel    
            154.50  155.00  0.50   5.43    34.8   0.02  1299      Laurel    
            176.10  176.70  0.60   3.18    10.1   0.70  1279      Laurel    
            181.40  182.00  0.60   3.56    3.5    0.02  1274      Laurel    
            184.40  185.70  1.30   1.37    63.0   0.12  1271      Laurel    
            190.10  190.60  0.50   2.26    69.8   0.04  1266      Laurel    
            222.90  223.60  0.70   1.13    2.4    0.04  1236      VSur      
            233.90  234.95  1.05   0.49    120.9  0.11  1226      VSur      
            251.00  251.70  0.70   5.21    2.6    0.03  1210      VSur      
            280.70  295.80  15.10  1.55    12.4   0.03  1171      VSur      
            302.10  303.70  1.60   2.34    5.7    0.05  1163      VSur      
            306.80  307.50  0.70   6.16    29.6   0.03  1160      VSur      
            309.80  310.90  1.10   1.69    7.1    0.04  1157      VSur      
            313.80  314.30  0.50   3.26    7.7    0.03  1153      VSur      
            318.10  319.00  0.90   1.74    5.8    0.03  1149      VSur      
            332.35  338.30  5.95   1.96    11.0   0.05  1132      VSur      
            341.00  342.00  1.00   1.65    5.4    0.01  1129      VSur      
            395.00  395.85  0.85   1.30    3.2    0.01  1080      VSur/V130 
            506.00  507.10  1.10   1.69    0.5    0.01  982       VSur      
            556.10  557.20  1.10   1.93    2.7    0.01  938       V48       
            589.80  590.70  0.90   0.91    7.1    0.01  908       V41       
            627.60  632.70  5.10   7.91    26.8   0.01  871       V34       
incl        627.60  629.00  1.40   13.81   58.3   0.02            V34       
            643.00  644.00  1.00   1.73    10.0   0.01  861       Vsur      
            649.90  651.30  1.40   5.94    15.0   0.01  855       Vsur      
            673.00  676.00  3.00   1.28    6.0    0.06  833       Vsur      
            699.00  699.50  0.50   2.97    5.8    0.02  812       Vsur      
BUSY362     262.00  262.80  0.80   2.69    0.8    0.05  1522      Laurel    
            348.80  350.80  2.00   2.90    8.7    0.04  1437      VSur/V180 
            368.20  369.20  1.00   1.96    206.1  0.03  1419      VSur      
            684.05  684.35  0.30   231.00  80.6   0.08  1115      VSur      
            781.39  782.65  1.26   1.86    2.2    0.02  1020      VSur      
            817.91  818.92  1.01   1.02    2.9    0.01  985       VSur      
            853.05  854.00  0.95   1.44    0.8    0.01  951       VSur      
BUSY363     6.00    7.00    1.00   1.92    6.8    0.01  1705      VSur/V140 
            33.70   34.35   0.65   1.28    2.9    0.39  1682      V130      
            53.90   54.40   0.50   1.47    24.8   0.09  1666      V125      
            95.70   99.70   4.00   218.67  25.1   0.07  1629      VSur      
incl        97.40   99.70   2.30   377.27  34.2   0.07            VSur      
            112.85  113.40  0.55   1.13    466.0  0.24  1618      V110      
            119.20  120.30  1.10   0.46    53.1   0.04  1612      V90       
            154.90  155.50  0.60   1.88    13.2   0.08  1583      V62       
            190.15  192.50  2.35   6.48    21.7   0.09  1553      V43       
incl        191.40  192.50  1.10   11.80   33.6   0.12            V43       
            193.75  195.00  1.25   4.22    30.7   0.06  1551      V42       
            212.30  213.10  0.80   1.27    1.7    0.19  1536      V41       
            224.90  225.50  0.60   0.99    41.8   0.48  1526      V39       
            351.60  352.90  1.30   1.81    3.0    0.06  1424      Yar/MU10  
            390.25  391.00  0.75   11.30   4.7    0.11  1394      MU2       
            498.74  499.25  0.51   1.32    16.7   0.03  1309      VNB       
            568.00  575.00  7.00   3.95    5.5    0.11  1250      HWV       
incl        568.00  569.10  1.10   11.40   6.0    0.02            HWV       
            601.10  602.10  1.00   0.13    97.4   0.15  1228      SAV       
            627.45  628.00  0.55   0.98    4.1    0.21  1208      FWV       
            667.70  668.20  0.50   1.94    9.6    0.01  1177      VNAD      
            681.50  682.00  0.50   1.98    13.0   0.01  1166      VNA       
            686.67  687.20  0.53   2.24    21.6   0.02  1162      Yar       
BUSY364     470.35  470.88  0.53   2.25    12.7   0.44  1719      Vsur      
            479.35  479.95  0.60   29.40   15.8   0.86  1707      Vsur      
            484.05  484.85  0.80   2.64    5.1    0.32  1700      Vsur      
            499.62  500.13  0.51   2.70    8.4    0.10  1676      Vsur      
            547.30  548.00  0.70   3.09    6.0    0.10  1610      Vsur      
            592.50  593.00  0.50   2.61    6.1    0.04  1561      Vsur      
            601.10  605.60  4.50   2.22    6.5    0.06  1541      Vsur      
            610.36  611.40  1.04   19.15   6.9    0.03  1536      Vsur      
            614.00  615.35  1.35   3.24    4.2    0.20  1533      Vsur      
            616.50  617.00  0.50   5.47    7.9    0.02  1529      Vsur      
            619.70  620.20  0.50   331.00  93.0   0.40  1525      Vsur      
----------------------------------------------------------------------------
HoleID      m       m       Inter- Au      Ag     Zn    Inter-    Vein      
            From    To      cept   (g/t)   (g/t)  (%)   cept      system    
                            Inter-                      RL (m)    /Vein(ii) 
                            val(i)                                          
                                                                            
----------------------------------------------------------------------------
            636.50  637.20  0.70   1.83    6.4    0.02  1503      V130      
            715.00  716.50  1.50   4.85    9.5    0.02  1337      V110      
            733.50  734.65  1.15   12.78   30.4   0.47  1323      VSur      
            833.20  833.70  0.50   0.74    70.9   0.04  1251      V48       
            909.00  911.40  2.40   12.75   54.5   0.05  1193      V39       
incl        909.00  910.00  1.00   19.50   119.5  0.11            V39       
            942.80  943.50  0.70   2.80    8.8    0.01  1169      V34       
            955.00  955.50  0.50   26.70   73.4   0.24  1161      V31       
BUSY366D    504.75  506.05  1.30   2.75    7.1    0.01  1273      VSur      
            531.60  532.10  0.50   2.52    8.1    0.03  1247      VSur      
            559.50  560.60  1.10   9.38    383.9  0.47  1219      VSur      
            612.45  612.95  0.50   3.36    8.6    0.05  1166      VSur      
            627.00  627.50  0.50   2.11    2.6    0.40  1152      VSur      
            716.70  717.50  0.80   1.10    1.6    0.04  1063      VSur      
            813.13  813.65  0.52   11.45   8.1    0.03  967       VSur      
            852.13  852.77  0.64   3.62    4.3    0.01  928       VSur      
            988.60  989.75  1.15   2.02    6.2    0.02  793       VSur      
            1166.50 1167.00 0.50   1.43    2.3    0.01  617       VSur      
BUSY367D    186.00  186.50  0.50   0.16    54.6   0.02  1589      Laurel    
            213.40  214.10  0.70   2.60    1.9    0.11  1562      Laurel    
BUSY367D01  37.00   37.70   0.70   6.77    8.3    0.17  1260      Laurel    
            43.50   44.70   1.20   1.16    2.7    0.19  1254      Laurel    
            83.35   85.50   2.15   26.28   121.1  0.10  1216      Laurel    
incl        83.35   84.45   1.10   50.53   231.9  0.19            Laurel    
            146.50  147.30  0.80   1.10    9.5    0.07  1158      VSur      
            219.00  219.60  0.60   2.32    7.1    0.04  1091      VSur      
            268.80  269.30  0.50   26.20   27.6   0.04  1045      VSur      
            290.70  291.30  0.60   3.58    16.3   0.15  1024      VSur      
            300.15  300.65  0.50   1.57    9.8    0.05  1016      VSur      
            399.60  400.10  0.50   2.16    6.9    0.01  924       V125      
            406.70  407.30  0.60   1.06    1.6    0.02  918       VSur      
            426.60  427.85  1.25   1.44    3.0    0.01  899       VSur      
            453.10  454.30  1.20   2.67    4.8    0.00  875       VSur      
            608.20  609.40  1.20   7.12    11.2   0.01  734       VSur      
            614.80  615.30  0.50   7.70    29.6   0.03  728       V39       
            640.00  641.00  1.00   1.63    6.5    0.01  705       V34       
            650.40  651.40  1.00   19.25   16.5   0.02  696       V31       
            666.20  667.95  1.75   2.54    5.9    0.01  681       VSur      
            763.80  765.40  1.60   3.95    5.4    0.01  594       VSur      
            839.00  841.40  2.40   16.09   140.1  0.12  528       VSur      
incl        839.00  840.20  1.20   27.85   274.7  0.19            VSur      
BUUY208     15.00   15.60   0.60   10.60   87.1   0.71  1697      VSur/V70  
            24.90   27.65   2.75   1.71    9.2    0.10  1688      V65       
            35.05   42.50   7.45   40.04   170.0  0.85  1677      V51       
incl        38.40   41.25   2.85   99.75   406.4  1.58            V51       
            48.35   49.00   0.65   4.04    50.4   0.07  1671      V48       
            57.00   58.35   1.35   1.42    8.2    0.19  1664      V43       
            79.55   80.40   0.85   4.11    227.4  0.62  1647      V39       
            90.00   90.50   0.50   2.96    15.6   0.53  1639      V34       
            104.90  106.60  1.70   3.29    13.6   0.06  1627      V32       
            107.60  109.10  1.50   6.92    18.4   0.20  1625      V32       
            120.70  121.25  0.55   21.90   8.1    0.02  1616      V31       
            138.85  139.40  0.55   0.33    76.7   0.13  1602      V30       
            177.40  178.00  0.60   0.27    100.0  0.12  1572      V24       
            200.40  200.90  0.50   0.69    18.1   4.82  1554      V22       
            208.70  209.20  0.50   1.36    1280.0 1.04  1548      V20       
            247.00  248.40  1.40   0.55    168.8  0.49  1519      V16       
BUUY228D    2.00    3.00    1.00   12.48   16.6   2.74  1696      Laurel    
            25.00   25.50   0.50   19.40   70.6   2.98  1677      Laurel    
            55.00   55.50   0.50   6.19    335.0  0.22  1651      Laurel    
            185.60  186.10  0.50   0.29    65.8   0.61  1538      Laurel    
            196.20  197.50  1.30   0.94    16.3   4.31  1529      Laurel    
            216.00  217.70  1.70   1.94    10.7   0.33  1511      Laurel    
            225.00  226.00  1.00   1.07    1.5    0.01  1504      Laurel    
            253.05  253.80  0.75   0.04    158.0  0.04  1480      Laurel    
            294.80  296.20  1.40   0.86    51.1   0.39  1443      VSur      
            299.07  299.60  0.53   1.36    103.0  0.17  1440      VSur      
            300.60  301.80  1.20   3.50    4.4    0.08  1438      VSur      
            342.10  342.80  0.70   1.05    2.5    0.08  1402      VSur      
            355.60  356.80  1.20   1.78    5.9    0.02  1390      VSur      
            390.20  391.40  1.20   1.63    89.2   0.24  1360      VSur      
            395.35  396.50  1.15   1.98    5.4    0.01  1355      VSur      
            419.60  420.15  0.55   1.81    8.1    0.01  1334      VSur      
BUUY249D    38.70   39.30   0.60   1.93    8.7    2.12  1660      Laurel    
            115.55  116.10  0.55   0.61    73.0   2.06  1585      Laurel    
            133.85  134.40  0.55   1.29    80.5   0.99  1567      Laurel    
            148.30  150.10  1.80   0.76    82.6   2.61  1551      Laurel    
            200.15  201.30  1.15   0.04    59.5   0.03  1501      Laurel    
            254.55  255.30  0.75   3.59    12.8   0.14  1447      Laurel    
            290.30  293.70  3.40   1.58    2.6    0.02  1410      Laurel    
            348.90  350.20  1.30   2.58    2.6    0.09  1354      Laurel    
            355.40  355.90  0.50   3.38    42.6   1.36  1348      Laurel    
            361.00  364.00  3.00   1.26    16.4   0.71  1340      Laurel    
            391.15  391.70  0.55   1.60    18.3   0.15  1312      Laurel    
            407.70  409.60  1.90   11.29   64.8   1.66  1295      Laurel    
            416.17  416.85  0.68   21.30   48.6   0.38  1288      Laurel    
            419.55  420.10  0.55   3.09    17.5   1.54  1284      VSur      
            437.55  438.45  0.90   1.73    11.3   0.79  1266      VSur      
            456.80  458.00  1.20   2.45    19.3   0.42  1247      VSur      
            518.50  519.00  0.50   0.60    302.0  0.53  1186      VSur      
BUUY249D01  50.80   52.00   1.20   1.18    0.2    0.01  1085      Laurel    
            82.80   83.35   0.55   3.65    30.7   0.04  1056      Laurel    
            164.75  165.50  0.75   2.13    0.9    0.01  984       VSur      
            453.05  454.30  1.25   3.14    12.4   0.01  740       VSur      
            474.25  474.75  0.50   3.87    4.5    0.01  723       Yar/MU11  
            489.35  489.90  0.55   1.14    7.6    0.01  710       Yar       
            500.25  500.92  0.67   21.40   38.2   0.02  701       Yar       
            507.93  510.00  2.07   7.60    24.3   0.06  694       Yar       
incl        508.45  508.95  0.50   27.60   48.2   0.02            Yar       
            523.05  523.60  0.55   3.44    23.2   0.01  683       Yar       
            555.85  556.40  0.55   1.72    2.1    0.01  656       Yar       
BUUY249D02  83.70   84.60   0.90   2.33    3.2    0.04  1046      Laurel    
            102.50  103.60  1.10   1.15    0.2    0.01  1029      Laurel    
            140.80  141.30  0.50   5.03    14.0   0.52  998       VSur      
            400.00  400.60  0.60   6.63    12.6   0.28  783       VSur      
            403.75  404.30  0.55   3.22    1.3    0.01  780       VSur      
            441.50  442.70  1.20   1.49    1.2    0.03  749       V43       
            456.35  469.80  13.45  7.96    25.3   0.05  728       V34       
incl        456.35  458.40  2.05   30.46   100.0  0.04            V34       
            476.85  477.40  0.55   7.65    3.5    0.01  721       V31       
            494.00  494.50  0.50   5.18    11.8   0.10  708       VSur      
            497.37  498.50  1.13   2.65    1.3    0.00  705       VSur      
            516.25  518.60  2.35   1.70    7.5    0.02  690       Yar/MU1   
BUUY270     16.25   16.90   0.65   1.34    6.3    0.13  1519      Yar/MU11  
            51.90   52.40   0.50   3.93    4.1    0.02  1537      MUS       
            110.30  111.15  0.85   4.17    5.3    0.35  1565      Yar       
            126.00  126.50  0.50   1.88    536.0  1.05  1572      VSur      
            144.50  145.00  0.50   1.12    21.5   0.50  1581      VSur      
            147.55  148.15  0.60   42.60   8.4    0.69  1582      VSur      
            168.00  169.00  1.00   0.79    27.5   0.19  1592      V110      
            210.00  211.50  1.50   8.54    6.8    0.03  1611      V123      
            223.30  225.50  2.20   2615.41 388.2  2.20  1617      VSur      
incl        223.80  225.00  1.20   4730.00 701.0  3.96            VSur      
and         225.00  225.50  0.50   154.00  16.8   0.08            VSur      
BUUY273     22.85   23.85   1.00   1.10    15.4   0.10  1522      Yar/MU11  
            82.10   82.60   0.50   0.20    217.0  0.82  1551      VSur      
            91.60   94.60   3.00   1.62    69.8   0.68  1557      V42       
            114.00  114.87  0.87   56.50   669.0  0.74  1567      V43       
            117.80  126.00  8.20   5.12    19.8   0.60  1572      V48       
incl        121.60  124.05  2.45   12.51   54.4   1.08            V48       
            131.00  132.00  1.00   1.67    616.5  2.54  1576      V51       
            142.00  142.60  0.60   1.51    21.9   3.66  1581      VSur      
            191.50  192.00  0.50   0.21    718.0  0.14  1605      V62       
            213.00  213.60  0.60   0.41    122.0  0.32  1616      V65       
            223.50  226.50  3.00   5.47    101.6  0.80  1622      V70       
incl        223.50  224.50  1.00   15.70   216.5  2.22            V70       
            230.75  231.80  1.05   3.27    113.6  0.24  1625      VSur      
            237.10  237.70  0.60   6.87    84.6   1.24  1627      V75       
            239.00  239.50  0.50   1.52    924.0  0.87  1628      V75       
            240.40  240.90  0.50   5.45    138.0  0.49  1629      VSur      
            255.00  255.60  0.60   4.72    10.3   0.08  1636      VSur      
            303.00  303.50  0.50   4.74    3.2    0.56  1659      V110      
            311.00  311.50  0.50   3.41    62.0   3.23  1663      VSur      
            320.10  322.80  2.70   3.33    16.1   0.22  1668      VSur      
(i)Intercepts calculated at 1 g/t gold + 50 g/t silver cut-off grades for   
minimum intervals of 0.5 metres, with up to 30% internal dilution. True     
widths not accurately known but generally are between 30% of the down-hole  
interval and near true width (e.g. BUUY208). Drill-holes designated "BUUY"  
were collared from underground, and drill-holes designated "BUSY" were      
collared at surface. Holes directionally- drilled from "mother holes"       
(BUzYDxxx) are designated BUzYxxxDyy.                                       
(ii)Intercepts outside of the current mineral resource envelopes are        
designated by their respective vein system (Veta Sur: VSur; Yaragua: Yar and
Laurel) whereas intercepts in vein domains are respectively nominated by    
vein code (e.g. V34).                                                       



Three fans of holes were drilled from the south of Veta Sur, from surface and
also from the Veta Sur Ramp (Figure 1). These fans involved "mother" holes
(designated BUzYDxxx) and six holes (designated BUzYxxxDyy) deviated and
directionally-drilled from collars at depth in the mother holes. Additional
holes were drilled from southern (BUSY364) and northeastern Veta Sur platforms
(BUSY363), from underground in Veta Sur (BUUY208) and also from underground
(towards the southwest) in Yaragua (BUUY270, BUUY273) (Figure 1). Drill-holes
from the south of Veta Sur targeted potential extensions of the Laurel vein
system, deep extensions and infill of the Veta Sur system and also the
southwestern Yaragua system. Directional drilling was vital in attaining infill
and extension targets particularly at lower elevations, both increasing
productivity and reducing costs of the mineral resource delineation program.


To the south of Veta Sur, drilling intersected multiple vein packages over
lateral extents of 270 metres and an elevation range of 660 metres. These vein
packages are interpreted to be northeastern extensions of the northeast-trending
Laurel vein system (Table I, Figures 1 and 3). Higher grade and broader
intercepts include:




--  8.3 metres @ 6.1 g/t gold and 23 g/t silver, including 1.2 metres @ 24.0
    g/t gold and 36 g/t silver (BUSY361D01, elevation of 1,306 metres); 
--  26.3 metres @ 3.0 g/t gold and 37 g/t silver (BUSY361D02, elevation of
    1,320 metres); 
--  1.6 metres @ 7.7 g/t gold and 11 g/t silver (BUSY361D03, elevation of
    1,357 metres); 
--  0.7 metres @ 19.7 g/t gold and 29 g/t silver (BUSY361D03, elevation of
    1,335 metres); 
--  2.15 metres @ 26.3 g/t gold and 121 g/t silver, including 1.1 metres @
    50.5 g/t gold and 232 g/t silver (BUSY367D01, elevation of 1,216
    metres); 
--  1.0 metres @ 12.5 g/t gold and 17 g/t silver (BUUY228D, elevation of
    1,696 metres); 
--  0.5 metres @ 19.4 g/t gold and 71 g/t silver (BUUY228D, elevation of
    1,677 metres); 
--  1.9 metres @ 11.3 g/t gold and 65 g/t silver (BUUY249D, elevation of
    1,295 metres); and 
--  0.68 metres @ 21.3 g/t gold and 49 g/t silver (BUUY249D, elevation of
    1,288 metres). 



The Laurel vein system remains open at depth and to the northeast of the current
drilling. The system is sparsely drill-constrained for more than 700 metres to
the southwest, for a strike length in excess of one kilometre and an elevation
range of more than 1,000 metres. Contiguous with Veta Sur, the Laurel system,
not included in current mineral resource estimates, could potentially share
proposed Veta Sur development infrastructure.


Further north, through a 250+-metre strike length of central and northeastern
Veta Sur, drill-holes intersected multiple veins outside of the current Veta Sur
mineral resource envelope. Significant intercepts were made over a vertical
extent of almost 1,200 metres, mostly below this envelope and include: 




--  1.18 metres @ 14.4 g/t gold and 49 g/t silver (BUSY361D, elevation of
    1,255 metres); 
--  0.5 metres @ 17.6 g/t gold and 252 g/t silver (BUSY361D, elevation of
    1,252 metres); 
--  2.5 metres @ 18.9 g/t gold and 24 g/t silver, including 1.1 metres @
    40.8 g/t gold and 52 g/t silver (BUSY361D, elevation of 1,130 metres); 
--  0.3 metres @ 231 g/t gold and 81 g/t silver (BUSY362, elevation of 1,115
    metres, adjacent core not recovered); 
--  0.6 metres @ 29.4 g/t gold and 16 g/t silver (BUSY364, elevation of
    1,707 metres); 
--  1.04 metres @ 19.2 g/t gold and 7 g/t silver (BUSY364, elevation of
    1,536 metres); 
--  0.5 metres @ 331 g/t gold and 93 g/t silver (BUSY364, elevation of 1,525
    metres); 
--  1.15 metres @ 12.8 g/t gold and 30 g/t silver (BUSY364, elevation of
    1,323 metres); 
--  1.1 metres @ 9.4 g/t gold and 384 g/t silver (BUSY366D, elevation of
    1,219 metres); 
--  0.5 metres @ 26.2 g/t gold and 28 g/t silver (BUSY367D01, elevation of
    1,045 metres); and 
--  2.4 metres @ 16.1 g/t gold and 140 g/t silver, including 1.2 metres @
    27.9 g/t gold and 275 g/t silver (BUSY367D01, elevation of 528 metres) 



Intercepts above the current mineral resource envelope include:



--  4.0 metres @ 218.7 g/t gold and 25 g/t silver, including 2.3 metres @
    377.3 g/t gold and 34 g/t silver (BUSY363, elevation of 1,629 metres); 
--  0.6 metres @ 42.6 g/t gold and 8 g/t silver (BUUY270, elevation of 1,582
    metres); and 
--  2.2 metres @ 2,615.4 gold and 388 g/t silver (BUUY270, elevation of
    1,617 metres). 



The Veta Sur vein system remains open to depth below all of the Veta Sur
intercepts noted above and in Table I. Although some of these intercepts are
among the deepest yet encountered in Veta Sur, these and the shallow extensions
also highlighted are all situated within an elevation range potentially
developable from proposed underground infrastructure.


In central and northeastern Veta Sur, drilling through a broad range of
elevations generally encountered vein grades X thicknesses comparable with those
expected from the current mineral resource block model, for most of the vein
families. Intercepts and related veins with substantially greater grade X
thicknesses include:




--  1.45 metres @ 69.0 g/t gold and 551 g/t silver (BUSY361D01, V31,
    elevation of 917 metres); 
--  4.3 metres @ 11.5 g/t gold and 31 g/t silver, including 1.9 metres @
    23.7 g/t gold and 64 g/t silver (BUSY361D02, V31, elevation of 794
    metres); 
--  5.1 metres @ 7.9 g/t gold and 27 g/t silver, including 1.4 metres @ 13.8
    g/t gold and 58 g/t silver (BUSY361D03, V34, elevation of 871 metres); 
--  0.55 metres @ 1.1 g/t gold and 466 g/t silver (BUSY363, V110, elevation
    of 1,618 metres); 
--  2.35 metres @ 6.5 g/t gold and 22 g/t silver, including 1.1 metres @
    11.8 g/t gold and 34 g/t silver (BUSY363, V43, elevation of 1,553
    metres); 
--  2.4 metres @ 12.8 g/t gold and 55 g/t silver, including 1.0 metres @
    19.5 g/t gold and 120 g/t silver (BUSY364, V39, elevation of 1,193
    metres); 
--  0.5 metres @ 26.7 g/t gold and 73 g/t silver (BUSY364, V31, elevation of
    1,161 metres); 
--  1.0 metres @ 19.3 g/t gold and 17 g/t silver (BUSY367D01, elevation of
    696 metres); 
--  7.45 metres @ 40.0 g/t gold and 170 g/t silver, including 2.85 metres @
    99.8 g/t gold and 406 g/t silver (BUUY208, V51, elevation of 1,677
    metres); 
--  0.55 metres @ 21.9 g/t gold and 8 g/t silver (BUUY208, V31, elevation of
    1,616 metres); 
--  0.5 metres @ 1.4 g/t gold and 1,280 g/t silver (BUUY208, V20, elevation
    of 1,548 metres); 
--  13.45 metres @ 8.0 g/t gold and 25 g/t silver, including 2.05 metres @
    30.5 g/t gold and 100 g/t silver (BUUY249D02, V34, elevation of 728
    metres); 
--  0.87 metres @ 56.5 g/t gold and 669 g/t silver (BUUY273, V43, elevation
    of 1,567 metres); 
--  8.2 metres @ 5.1 g/t gold and 20 g/t silver, including 2.45 metres @
    12.5 g/t gold and 54 g/t silver (BUUY273, V48, elevation of 1,572
    metres); 
--  1.0 metres @ 1.7 g/t gold and 617 g/t silver (BUUY273, V51, elevation of
    1,576 metres); 
--  1.0 metres @ 15.7 g/t gold and 217 g/t silver (BUUY273, V70, elevation
    of 1,622 metres); 
--  0.5 metres @ 1.5 g/t gold and 924 g/t silver (BUUY273, V75, elevation of
    1,628 metres). 



Drill-holes that passed through western Yaragua resulted in depth extensions to,
and infill of, the Yaragua vein system in this area. Significant intercepts,
below the current Yaragua mineral resource envelope, include:




--  0.67 metres @ 21.4 g/t gold and 38 g/t silver (BUUY249D01, elevation of
    701 metres); and 
--  2.07 metres @ 7.6 g/t gold and 24 g/t silver, including 0.5 metres @
    27.6 g/t gold and 48 g/t silver (BUUY249D01, elevation of 694 metres). 



Vein grades X thicknesses significantly above those expected from the current
Yaragua mineral resource block model were also encountered through a broad
elevation range. Related intercepts and veins include:




--  0.41 metres @ 95.1 g/t gold and 103 g/t silver (BUSY361D02, MU10,
    elevation of 709 metres); 
--  7.0 metres @ 4.0 g/t gold and 6 g/t silver, including 1.1 metres @ 11.4
    g/t gold and 6 g/t silver (BUSY363, HWV, elevation of 1,250 metres); and
--  0.75 metres @ 11.3 g/t gold and 5 g/t (BUSY363, MU2, elevation of 1,394
    metres) 



Technical Information

Vic Wall, PhD, special advisor to the Company and a qualified person for the
purpose of NI 43-101, has prepared or supervised the preparation of, or
approved, as applicable, the technical information contained in this press
release. Dr. Wall is a geologist with 35 years' experience in the minerals
mining, consulting, exploration and research industries. Following a career in
Australian and North American academes, he held senior positions in a number of
multinational major and junior minerals companies. A Fellow of the Australian
Institute of Geoscientists, Dr. Wall is Principal of Vic Wall & Associates, a
Brisbane-based consultancy that provides geoscientific services to mineral
companies and government agencies, worldwide.


The Company utilizes a rigorous, industry-standard QA/QC program. HQ core is
sawn or split with one-half shipped to a sample preparation lab in Medellin run
by ALS Colombia Limited ("ALS") in Colombia, whereas BQ core samples are full
core. Samples are then shipped for analysis to an ALS-certified assay laboratory
in Lima, Peru. The remainder of the core is stored in a secured storage facility
for future assay verification. Blanks, duplicates and certified reference
standards are inserted into the sample stream to monitor laboratory performance
and a portion of the samples are periodically check assayed at ACME Analytical
Laboratories in Vancouver, British Columbia and/or Inspectorate America Corp. in
Reno, Nevada.


The Company does not receive assay results for drill-holes in sequential order;
however, all significant assay results are publicly reported. A listing of assay
results to date for the Buritica project is available on the Company's website
at www.continentalgold.com.


For additional technical information on the Buritica project, please refer to
the Company's technical report (the "Technical Report") entitled "Independent
Technical Report and Resource Estimate on the Buritica Gold Project 2013" with
an effective date of December 31, 2013, prepared by Andrew J Vigar, BappSc Geo,
FAusIMM, MSEG, and Martin Recklies, BappSC Geo, MAIG, each of Mining Associates
Pty Limited, available on SEDAR at www.sedar.com, on the OTCQX at
www.otcmarkets.com and on the Company website at www.continentalgold.com.


About Continental Gold

Continental Gold Limited is an advanced-stage exploration and development
company with an extensive portfolio of 100%-owned gold projects in Colombia.
Spearheaded by a team with over 40 years of exploration and mining experience in
Colombia, the Company is focused on advancing its high-grade Buritica gold
project to production. On May 13, 2014, the Company announced an updated mineral
resource estimate for the Buritica project prepared in accordance with NI
43-101. This estimate covers the Yaragua and Veta Sur vein systems, with a
combined Measured mineral resource of 0.99 million tonnes of mineralized
material containing 0.65 million ounces of gold grading 20.4 g/t gold, 1.54
million ounces of silver grading 48 g/t silver, and 15.0 million pounds of zinc
grading 0.7% zinc, and a combined Indicated mineral resource of 7.41 million
tonnes of mineralized material containing 2.15 million ounces of gold grading
9.0 g/t gold, 6.89 million ounces of silver grading 29 g/t silver, and 75.1
million pounds of zinc grading 0.5% zinc. The combined Inferred mineral resource
is 16.7 million tonnes of mineralized material containing 4.2 million ounces
grading 7.8 g/t gold, 13.1 million ounces of silver grading 24 g/t silver and
111 million pounds of zinc grading 0.3% zinc. 


In August 2012, Continental achieved an important milestone, receiving formal
approval for the modification of its existing Environmental Impact Assessment.
The amendment allows the Company to build a six-kilometre switchback road and
begin underground development by constructing a one-kilometre access tunnel.
With a goal of being the newest hard rock gold producer in Colombia, Continental
has achieved major advances with the access tunnel, which is providing access
for underground drilling and will eventually be used for commercial production.
A Phase V drill program is underway at the Buritica project to further delineate
the mineral resources and drill new target zones identified within its
concessions.


Additional details on the Buritica project and the rest of Continental's suite
of gold exploration properties are available at www.continentalgold.com.


Forward-Looking Statements

This press release contains or refers to forward-looking information under
Canadian securities legislation, including statements regarding the estimation
of mineral resources, exploration results, potential mineralization, and
exploration and mine development plans, and is based on current expectations
that involve a number of business risks and uncertainties. Forward-looking
statements are subject to significant risks and uncertainties, and other factors
that could cause actual results to differ materially from expected results.
Readers should not place undue reliance on forward-looking statements. Factors
that could cause actual results to differ materially from any forward-looking
statement include, but are not limited to, failure to convert estimated mineral
resources to reserves, capital and operating costs varying significantly from
estimates, the preliminary nature of metallurgical test results, delays in
obtaining or failures to obtain required governmental, environmental or other
project approvals, political risks, uncertainties relating to the availability
and costs of financing needed in the future, changes in equity markets,
inflation, changes in exchange rates, fluctuations in commodity prices, delays
in the development of projects and the other risks involved in the mineral
exploration and development industry forward-looking statements are subject to
significant risks and uncertainties, and other factors that could cause actual
results to differ materially from expected results. These forward-looking
statements are made as of the date hereof and the Company assumes no
responsibility to update them or revise them to reflect new events or
circumstances other than as required by law.


Differences in Reporting of Resource Estimates

This press release was prepared in accordance with Canadian standards, which
differ in some respects from United States standards. In particular, and without
limiting the generality of the foregoing, the terms "inferred mineral
resources," "indicated mineral resources," "measured mineral resources" and
"mineral resources" used or referenced in this press release are Canadian mining
terms as defined in accordance with National Instrument 43-101 - Standards of
Disclosure for Mineral Projects under the guidelines set out in the Canadian
Institute of Mining, Metallurgy and Petroleum (the "CIM") Standards on Mineral
Resources and Mineral Reserves (the "CIM Standards"). The CIM Standards differ
significantly from standards in the United States. While the terms "mineral
resource," "measured mineral resources," "indicated mineral resources," and
"inferred mineral resources" are recognized and required by Canadian
regulations, they are not defined terms under standards in the United States.
"Inferred mineral resources" have a great amount of uncertainty as to their
existence, and great uncertainty as to their economic and legal feasibility. It
cannot be assumed that all or any part of an inferred mineral resource will ever
be upgraded to a higher category. Under Canadian securities laws, estimates of
inferred mineral resources may not form the basis of feasibility or other
economic studies. Readers are cautioned not to assume that all or any part of
measured or indicated mineral resources will ever be converted into reserves.
Readers are also cautioned not to assume that all or any part of an inferred
mineral resource exists, or is economically or legally mineable. Disclosure of
"contained ounces" in a resource is permitted disclosure under Canadian
regulations; however, United States companies are only permitted to report
mineralization that does not constitute "reserves" by standards in the United
States as in place tonnage and grade without reference to unit measures.
Accordingly, information regarding resources contained or referenced in this
press release containing descriptions of our mineral deposits may not be
comparable to similar information made public by United States companies.


To view Figure 1 - Plan View of highlights of new drilling, please click the
following link: http://www.marketwire.com/library/20140708-CNL1FIG800.jpg


To view Figure 2 - Long Section, (line C-D on Figure 1), please click the
following link: http://www.marketwire.com/library/20140708-CNL2FIG800.jpg


To view Figure 3 - Cross Section (line A-B on Figure 1), please click the
following link: http://www.marketwire.com/library/20140708-CNL3FIG800.jpg


FOR FURTHER INFORMATION PLEASE CONTACT: 
Continental Gold Limited
+1.416.583.5610
info@continentalgold.com
www.continentalgold.com

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