Continuum and Fortuna announce positive drill results at San Jose, Mexico



    TSX-V: CNU

    VANCOUVER, Sept. 5 /CNW Telbec/ -Continuum Resources Ltd (TSXV: CNU) is
pleased to announce additional drill results from Fortuna Silver Mines Inc.'s
("Fortuna") 2007 drill program at the San Jose silver-gold deposit located in
Oaxaca, Mexico. San Jose is being explored and developed under a joint venture
between Continuum (24%) and Fortuna (76%).
    Analytical results have been received and verified for six additional
drill holes located in the central and northern portions of the Trinidad
deposit. Highlights of the current results include:

    
    - Hole SJO-079 averaging 143 g/t Ag and 1.41 g/t Au (215 g/t Ag Eq) over
      34.3m from 441.50m (Bonanza Vein) and averaging 1039 g/t Ag and
      13.60 g/t Au (1733 g/t Ag Eq) over 2.35m from 482.45m (Stockwork Zone).

    - Hole SJO-081 averaging 113 g/t Ag and 1.34 g/t Au (182 g/t Ag Eq) over
      25.4m from 322.10m (Bonanza Vein), including 634 g/t Ag and 9.09 g/t Au
      (1098 g/t Ag Eq) over 1.15m from 345.20m.

    Assay results from the six drill holes are summarized below.
Length-weighted assay averages have been calculated for the mineralized
intervals using a lower cut-off of 100 g/t Ag-equivalent. An updated long
section showing the location of the drill holes will be posted on Fortuna's
website at www.fortunasilver.com.

    -------------------------------------------------------------------------
    Hole          From        To      Int      Au       Ag     Ageq     Ageq
    Number          (m)       (m)      (m)   (g/t)    (g/t)    (g/t)   (oz/T)
    -------------------------------------------------------------------------
    SJO-076     472.35    477.85     5.50    1.07      271      326      9.5
    SJO-077     217.00    224.40     7.40    1.89      140      236      6.9
    SJO-078     265.55    267.55     2.00    2.17      313      424     12.4
    SJO-079     345.31    346.20     0.89    7.26      867     1237     36.1
    SJO-079     441.50    475.75    34.25    1.41      143      215      6.3
    SJO-079     482.45    484.80     2.35   13.60     1039     1733     50.5
    SJO-080               No Significant Mineralized Intervals
    SJO-081     322.10    347.45    25.35    1.34      113      182      5.3
    including   345.20    346.35     1.15    9.09      634     1098     32.0
    -------------------------------------------------------------------------

    (*) Silver equivalency estimates were derived using US$10.30/oz for
        silver and US$525/oz for gold yielding a Ag:Au ratio of 51:1.
        Metallurgical recoveries and net smelter returns are assumed to be
        100% for purposes of estimating silver equivalency.
    

    The San Jose deposit is a low sulfidation epithermal system located
within the Taviche Mining District in southern Oaxaca and is characterized by
mineralized multiphase quartz-carbonate-sulfide veins, hydrothermal breccias
and stockwork veining within a sequence of Tertiary andesitic volcanic and
volcaniclastic rocks. Using a cut-off grade of 150 g/t Ag equivalent, 43-101
compliant indicated and inferred mineral resources for the Trinidad zone at
San Jose are estimated at (see Fortuna News Release dated Mar. 12, 2007):

    Indicated Mineral Resources: 1.47 million tonnes grading 262.6 g/t Ag +
    2.19 g/t Au containing 17.7 million Ag equivalent oz

    Inferred Mineral Resources: 3.9 million tonnes grading 260.6 g/t Ag +
    2.57 g/t Au containing 49.1 million Ag equivalent oz.

    The Fortuna-Continuum joint venture controls mining concessions covering
approximately 47,440 hectares in the Taviche Mining District. A 25,000 meter
drill program is underway at the Trinidad and San Ignacio zones with 3 diamond
drill rigs. Concurrently, surface geochemical and reconnaissance programs are
being conducted throughout the district to identify and evaluate new target
areas.

    Quality Control & Quality Assurance

    For the current drill program, following detailed geological and
geotechnical logging, drill core samples are split on-site by diamond saw. One
half of the core is submitted to the ALS Chemex sample preparation facility in
Guadalajara, Mexico. The remaining half core is retained on-site for
verification and reference purposes. Following preparation, sample pulps are
sent to ALS Chemex in Vancouver where they are assayed for gold and silver by
standard fire assay methods using a gravimetric finish. Multi-element analyses
are also completed for each sample by ICP methods. The QA-QC program at San
Jose includes the blind insertion of certified reference standards for silver
and gold at a frequency of approximately 1 per 15 normal samples and the
insertion of assay blanks at a frequency of approximately 1 per 15 normal
samples. All sample results reported in this news release correspond to HQ- or
NQ-diameter core. Further drill results will be released as analytical data
are received and validated.

    Qualfied Person

    Mr. Gregory Smith, P.Geo., is Fortuna's Qualified Person as defined by
National Instrument 43-101 and is responsible for the accuracy of this news
release.

    Background

    In addition to the San Jose deposit, Continuum is actively exploring
11 separate gold-silver projects in the state of Oaxaca, where Continuum has
acquired approximately 50,000 hectares, covering the entire Natividad
district, including the Natividad Mine. Natividad historically produced over
1,000,000 ounces of Gold and 23,000,000 ounces of Silver. The Natividad
project is being explored by underground diamond drilling by Continuum, and
Continuum has discovered a new, mineralized zone within which drilling has
outlined a previously-unexplored resource as an extension to the historic
deposit.

    On behalf of the Board of Continuum Resources Ltd.

    "Warren M. McIntyre"

    Warren M. McIntyre, Corporate Secretary and Director

    The TSX Venture Exchange has not reviewed and does not take
    responsibility for the adequacy or accuracy of this release.




For further information:

For further information: Renmark Financial Communications Inc.: Barry
Mire, bmire@renmarkfinancial.com; Dan Symons, dsymons@renmarkfinancial.com,
(514) 939-3989, Fax: (514) 939-3717, www.renmarkfinancial.com

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