Standard & Poor's Initiates Factual Stock Report Coverage on Continental Gold Limited
22 9월 2011 - 10:08PM
Business Wire
Standard & Poor’s announced today that it has commenced
Factual Stock Report coverage on Continental Gold Limited.
Continental Gold Limited (TSX: CNL), an advanced-stage
exploration and development company, engages in the acquisition,
exploration, evaluation and development of mineral properties,
principally gold resource properties in Colombia. The company's
nine gold projects cover over 197,000 hectares in Colombia.
As of August 10, 2011, the company held the rights to explore
and develop nine properties in Colombia totaling approximately
95,242 hectares, has pending registration concessions totaling
39,919 hectares and pending concession applications totaling 62,555
hectares. The company's primary focus is on its Buriticá
project.
Continental announced, on September 15, 2011, maiden gold,
silver and zinc resource estimates for the Yaragua and Veta Sur
vein systems. The company continues with a major 100,000-metre
surface and underground drilling program to expand and increase the
level of confidence of these resources in Yaragua and Veta Sur and
to explore new targets at Buriticá. The modeling confirms that the
Buriticá project contains multimillion ounce gold and silver
resources and has the potential to grow substantially. The company
commented, "the strength of the Continental Gold team is the desire
and effort to always achieve more. This initial resource is a
reflection of their dedication and puts the company on track to
achieve its goal of commercial gold production in 2014".
S&P Factual Stock Report coverage on Continental Gold
Limited will also be accessible on an ongoing basis to the
investment community by scores of buy-side institutions and
sell-side firms that utilize S&P research and information
platforms daily. Millions of self-directed investors also have
access to the report via their e-brokerage accounts. Please visit
www.continentalgold.com for additional information.
About Standard & Poor's Factual Stock Reports
This Standard & Poor’s service provides factual research
coverage enabling information about Continental Gold Limited
and other securities to reach a wide investor audience of Buy and
Sell-side investors, helping them understand a company’s
fundamentals and business prospects. Currently profiling over 500
issuers, S&P Factual Stock Reports increase market awareness
for issuers in the investment community with insightful commentary
and key statistics/information. Updated weekly with the latest
pricing, trading volume, and other data, the reports include recent
developments, a financial review, key operating information,
Industry and peer comparisons, institutional holdings analysis,
Street Consensus and opinions, performance charts, business
summary, fundamental data, and news. Because coverage of these
reports is sponsored by the issuer, S&P does not offer
investment opinions concerning the advisability of investing in
these stocks.
Standard & Poor’s Factual Stock Reports are produced
separately from any other analytic activity of Standard &
Poor’s. Standard & Poor’s Factual Report research has no access
to non-public information received by other units of Standard &
Poor’s. Standard & Poor’s does not trade on its own
account.
Note: All U.S. and Canadian Companies listed on a National
Exchange (not covered by S&P’s STARS research) are eligible to
obtain this coverage.
About Standard & Poor's
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(NYSE: MHP), is the world's foremost provider of financial market
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