Underground Drilling at Natividad Intersects High-grade Gold and Silver on Level 6: 2.5 meters grading 17.09 gpt Gold and 1.16 kilos per tonne Silver



    VANCOUVER, BC, April 11 /CNW Telbec/ - Continuum Resources Ltd (TSXV:
CNU) is pleased to announce results from underground drill hole BCN-18,
drilled from Level 6 of the historically-producing Natividad gold-silver
deposit. These are amongst the highest grade gold and silver assays obtained
in the drilling program so far.
    Hole BCN-18 was drilled at a -15 degree angle from the horizontal, and
intersected the San Ignacio vein at a nearly perpendicular angle.

    
    -------------------------------------------------------------------------
    Hole No.      From (m)    To (m)  Length (m)   Gold (gpt)   Silver (gpt)
    -------------------------------------------------------------------------
    BCN-18         246.40    254.80        8.40         5.44          365
    -------------------------------------------------------------------------
    Includes       246.40    247.10        0.70         1.71          134
    -------------------------------------------------------------------------
    Includes       251.40    253.90        2.50        17.09        1,165
    -------------------------------------------------------------------------
    Includes       251.40    252.50        1.10        33.76        2,508
    -------------------------------------------------------------------------
    Includes       251.40    252.30        0.90        40.29        2,983
    -------------------------------------------------------------------------

    Currently, hole BCN-19 is being drilled, and will intersect the San
Ignacio vein approximately 100 meters to the north.
    Some of the more significant drill intercepts from the current phase of
drilling, up to and including data from drill hole BCN-18, (drill holes 1,8
and 9 were not completed) are tabulated below:

    -------------------------------------------------------------------------
    Hole          From (m)    To (m)  Length (m)     Au (gpt)       Ag (gpt)
    -------------------------------------------------------------------------
    BCN-3          180.55    181.70        1.15         8.96           10
    -------------------------------------------------------------------------
                   280.60    281.90        1.30        19.35        1,240
    -------------------------------------------------------------------------
    BCN-4           310.0    317.35        7.35        12.77           84
    -------------------------------------------------------------------------
    Includes       314.65    317.35        2.70        27.57           87
    -------------------------------------------------------------------------
    Includes       316.45    317.35        0.90        33.10          136
    -------------------------------------------------------------------------
    BCN-5           73.45     75.00        1.55         6.28          235
    -------------------------------------------------------------------------
    BCN-6          232.20    243.20       11.00         6.39           70
    -------------------------------------------------------------------------
                   281.40    285.80        4.40         9.14           23
    -------------------------------------------------------------------------
    Includes       281.40    283.00        1.60        23.10           49
    -------------------------------------------------------------------------
    BCN-7          205.85    206.10        0.25         41.1        4,720
    -------------------------------------------------------------------------
    BCN-10          79.35     82.45        3.10         2.10          282
    -------------------------------------------------------------------------
    BCN-13          68.50     76.75        8.25         3.35           63
    -------------------------------------------------------------------------
    Includes        74.70     76.75        2.05        11.80           28
    -------------------------------------------------------------------------
    BCN-14          13.40     14.60        1.20         6.31          816
    -------------------------------------------------------------------------
    BCN-16          13.55     18.90        5.35         7.92          347
    -------------------------------------------------------------------------
    Includes        14.90     17.50        2.60        15.80          704
    -------------------------------------------------------------------------
    Includes        15.75     17.50        1.75        23.02        1,010
    -------------------------------------------------------------------------
    Includes        15.75     16.40        0.65        57.70        2,590
    -------------------------------------------------------------------------
    

    The Natividad mine was the largest gold producer in the state of Oaxaca,
and has historically produced approximately 1 million ounces of gold and
23 million ounces of silver from high-grade gold and silver ore shoots
distributed in at least five, separate, sub-parallel-trending vein systems.
Considered together, these veins, which individually can vary from less than
one meter to approximately 10 or more meters wide, occupy a structural zone
traceable for over 12 kilometers, all on Continuum's ground. Gold and silver
mineralization at the Natividad mine has been documented over a vertical
distance of over 600 meters. On the regional scale, Continuum now controls
over 40,000 hectares surrounding the Natividad deposit, incorporating nearly
all of the Natividad gold-silver district.
    Underground drilling continues to expand the strike length of the
recently-discovered Northern Extension Zone; the northern continuation of the
past-producing deposit. Underground tunneling and drilling, currently being
carried out by a mine staff of approximately 70 persons, has now provided
evidence for a new mineralized body over an open-ended strike length of over
350 meters; still open towards the north, to depth, and towards the surface.
    To date, over 4000 meters of drilling have been completed, and
approximately 10 additional holes totaling approximately 3,000 meters are
planned as part of the current drill program, while underground tunneling and
rehabilitation work is being carried out to provide access for the underground
drill, provide underground openings for detailed sampling, and to provide
infrastructure requirements. The drill holes have shown that a 250 to 500
meter-wide zone of hydrothermal alteration and quartz veining, which hosts the
past-producing deposit, continues north of a bounding fault, previously
considered the northern terminus of the historic ore bodies. The focus of
Continuum's drilling and underground drifting is to explore a panel of the
potentially mineralized zone beyond the northern limit of historic mining.
This panel contains at least 5 sub-parallel-striking vein systems, all of
which were past-producers, with dimensions of approximately 800 meters along
strike by 500 meters vertically. The dimensions of the panel are dictated by
the extent of underground workings and drill stations, the system remaining
open to the north.
    The Qualified Person for this project, under the definition established
by National Instrument 43-101, is Lawrence Dick, Ph.D., P.Geo., Vice President
Exploration for Continuum Resources Ltd. Geochemical assays are carried out by
ALS Chemex in North Vancouver, B.C.

    On behalf of the Board of Continuum Resources Ltd.

    "Larry Dick"

    Lawrence A. Dick, Ph.D., P.Geo., Vice President and Director




For further information:

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

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