Continental Gold's Buriticá project on track

Continental Gold has provided a construction update for its Buriticá project in northwestern Antioquia, Colombia
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The construction of the foundations for the mill area at the Buriticá project

Staff reporter

PRESS RELEASE: Construction completion and first gold pour remain on schedule for the first half of 2020, with commercial production ramp-up anticipated approximately six months after first gold pour.

The Buriticá project is 30% complete with approximately 50% of total project cost committed to date. Initial concrete has been placed for the mill grinding area, and rebar is nearly complete for the main foundation pour, which includes the semi-autogenous grinding (SAG) mill pedestal. Concrete placement has begun for the leach tank foundations. Mill and surface infrastructure detail engineering and procurement are moving forward on schedule and are more than 80% complete. Equipment and materials are arriving on schedule, with modular mine rescue and main gate buildings expected to arrive in June. Major earthworks are planned for completion in the December 2018 quarter and will coincide with the start of major infrastructure installation.

Underground development continues slightly ahead of schedule and is more than 16% complete. As of May 25, 3,041m of underground development has been completed with monthly advance rates increasing since the beginning of 2018. Crews are advancing daily at the Yaraguá ramp, the Veta Sur ramp and the Higabra tunnel; upper and lower elevation connection drifts between the Yaraguá and Veta Sur ramps are well underway.

Donald Gray, chief operating officer at Continental Gold, commented: "Moving forward in these key areas is a very exciting time for us as we advance the Buriticá project. We are pulling together all the hard work of the past few years by Continental's outstanding team. As we move forward with our commitment to build Colombia's largest modern underground gold mine, we are grateful for the continuing support of not only the various government agencies we work with, but also our local communities."

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