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Continental Gold Ltd.

Continental Gold Ltd. is a well-funded, advanced-stage exploration and development company. Led by experienced mining professionals, the company is focused on becoming a leading producer of precious metals in Colombia. Continental's flagship Buriticá project is located 75km northwest of Medellín, the second-largest city in Colombia, and is readily accessible by paved highway with great infrastructure including water availability and grid power. Continental's management team has proven experience in permitting, financing and building precious metal mines in Latin America. The company is dedicated to maximizing shareholder value while working to the highest standards of community commitment and environmental defensiveness.

Expert Comments:

Dan Rollins, RBC Capital Markets (2/19/15)
"Continental Gold Ltd. announced another solid round of drill results from Yaragua, one of two primary deposits at the company's flagship Buritica project in Colombia. . .the company expects to deliver further growth in Measured and Indicated and total resources when an updated resource estimate is completed in late Q2/15. . .the latest round of drilling targeted an area near the expected main haulage ramp and Continental expects the results could help reduce the influence of a lower-grade area within the current resource estimate."

Ben Kramer-Miller, Seeking Alpha (2/1/15)
"Continental Gold Ltd. just reported strong results from its Veta Sur infill drilling program at its Buriticá project. . .there are numerous instances of high-grade gold that suggest that the Veta Sur deposit contains a significant amount of high-grade gold mineralization. . .the intercepts further suggest that the ore could have higher grades than initially thought, which means that the already low opex estimates in the PEA could be lower while total gold production could be higher."

GMP Securities (12/8/14)
"Continental Gold Ltd. remains among the few reasonably well financially positioned junior developers, visibly advancing the project to a build-ready point. The recent preliminary economic assessment presented a robust, large-scale mine that underscores the quality of the Buritica mine and supports our view of the project. We maintain our Buy rating."

Gwen Preston, Resource Maven (11/19/14)
"Continental Gold Ltd. released a PEA of its Buriticá project in Colombia earlier this week, which was roundly applauded for its strength and conservative approach. . .importantly, at $1K/oz gold Buriticá would still generate a 24.1% after-tax internal rate of return. . .Buriticá will almost certainly get bigger and, like I said, I think the company at $2.50 represents a good deal."

Mike Hocking, Scotia Capital (11/19/14)
"Continental Gold Ltd. released a PEA for Buriticá. . .it outlined an 18-year mine life with annual production of ~271 Koz gold equivalent at all-in sustaining costs of $502/oz (including byproduct Ag); at $1,200/oz Au and $17/Ag prices, the project generates an after-tax NPV 5% of $1.1B, an internal rate of return of 31.5% and a 2.8-year payback."

Ben Kramer-Miller, Seeking Alpha (11/18/14)
"Continental Gold Ltd.'s Buritica PEA looks extremely promising; shares are a potential double. . .the results are extremely strong and show very low production costs, a large annual production estimate and an achievable initial capex price tag. In spite of the risks, and even in my stress-tested scenario, I see tremendous upside going forward into production."

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