Continuum Extends Expiry Date of Remaining Warrants

    TSX-V: CNU

    VANCOUVER, Jan. 4 /CNW Telbec/ - Continuum Resources Ltd (TSXV: CNU)
announces that further to its news release dated December 13, 2007, it has
received the approval of the TSX Venture Exchange (the "Exchange") to extend
the expiry date of all outstanding share purchase warrants issued in the
second tranche of its private placement (which closed January 18, 2007; see
our news release dated December 4, 2006 for a description of the private
placement) to March 31, 2008.


    Continuum is actively exploring 12 separate gold-silver projects in the
state of Oaxaca, where Continuum has acquired approximately 220,000 hectares.
Continuum is also 24% joint venture partner with Fortuna Silver Mines Inc.
(TSXV: FVI) on the San Jose silver project, on which drilling continues to
expand on the resource estimate previously announced by the Company on
March 12, 2007.

    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,; Dan Symons,,
(514) 939-3989, Fax: (514) 939-3717,

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