VANCOUVER, Sept. 19 /CNW Telbec/ - Continuum Resources Ltd. (TSX-V: CNU)
("Continuum" or the "Company") is pleased to announce the recommencement of
its Tres-Hermanas project located in the State of Oaxaca, Mexico. The
Tres-Hermanas Project consists of three concessions totalling 3671 hectares
within mountainous terrain, approximately 50 kilometres from the city of
Oaxaca, Mexico. The Tres-Hermanas Project is 100% owned by Continuum.
The center of interest of this Project is the Tres-Hermanas Mine, which
was exploited for silver on five levels by the Spanish prior to beginning of
the Mexican War of Independence in 1810. Operations at the mine ceased due to
that war. Since that time ASARCO conducted a brief review of the property in
the 1990's, but no sustained exploration programs have been conducted on
Tres-Hermanas since Continuum's acquisition of the Project in 2003. Silver,
lead, zinc and minor molybdenum are the most common economic elements on the
property existing as sulphides, while the gangue mineral assemblage includes
pyrite, arsenopyrite and barite, with some minor quartz. Much of the sulphide
material occurs as a fine, black intergrowth.
The five levels referred to above were completed on a polymetallic
lead-zinc-silver vein. The vein itself ranges in width from 0.50 to 1.50
metres, and the current strike extent is approximately 500 metres. The total
down dip extension is 150 metres, and the mineralization remains open to
depth, and along strike.
Continuum's geological team are currently reviewing a report authored by
James Wroth in 1926 titled "Report on the Las Hermanas Mine, San Sebastian,
Rio Dulce, Oaxaca, Mexico", along with data collected in 2005 and 2006, and
are formulating an exploration strategy that may expand the potential of this
deposit along strike and down dip. In addition, the Company has begun the
process of applying for required permits for road access and future drilling
The Qualified Person for this project, under the definition established
by National Instrument 43-101, is Dale Schultz, P.Geo., Vice President -
Exploration for Continuum Resources Ltd. He is also the Managing Director and
Chief Consultant of Buscore International Consulting. Mr. Schultz has reviewed
the contents of this release for accuracy and compliance with regulatory
Continuum is actively exploring 11 separate gold-silver projects in the
state of Oaxaca, where Continuum has acquired approximately 200,000 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: Barry Mire,
firstname.lastname@example.org; Dan Symons, email@example.com, (514)
939-3989, Fax: (514) 939-3717, www.renmarkfinancial.com