Continental Gold Inc. provided an update on the construction activities at its flagship Buriticá project in northwestern Antioquia, Colombia. The pace of project construction is advancing more rapidly than planned and, as a result, the company has updated guidance for mechanical completion of the project from the first half of 2020 to the first quarter of 2020. Ramp up to commercial production is anticipated to take 6-9 months from the date that mechanical completion for the project is achieved. The project is one of the largest and highest-grade gold projects in the world.
Led by an international management team with a successful record of discovering, financing and developing large high-grade gold deposits in Latin America, Buriticá is being advanced using best practices, according to the company.