Wed Nov 14, 2007 Continental Receives Explorer Of The Year Award At China Mining 2007
November 14, 2007, Vancouver, BC - Continental Minerals Corporation ("Continental" or the "Company") (TSX Venture: KMK; OTCBB: KMKCF) announces that it has received the "Explorer of the Year Award" at the China Mining 2007 Conference in Beijing. The award, the most important one given at the conference, is awarded to an individual or company that has discovered a significant mineral deposit in a new or previously explored area, and is based on due diligence conducted by China's Ministry of Lands and Resources ,the conference organizing committee, and it's international Advisory Committee.
Continental won the award for the discovery and development of the Xietongmen deposit in the Tibet Autonomous Region. The Company initiated exploration at Xietongmen in April 2005, and in two years outlined a large porphyry copper-gold-silver deposit with 220 million tonnes of mineral resources.
Continental has also completed a positive feasibility study for a 40,000 tonnes per day open pit operation at Xietongmen. The mine would have a 14 year life with an annual average production of 116 million pounds of copper, 190,000 ounces of gold and 1.73 million ounces of silver (see Continental News Release dated August 14, 2007). Continental is currently focused on completion of the environmental and socioeconomic assessment, advancement of its mining license application. The Company is also exploring other prospective targets on the property.
President and CEO Gerald Panneton said: "It is an honour to receive the Explorer of the Year Award for the Xietongmen deposit. This important discovery was the result of the hard work and commitment of the on-the ground team of project managers, geologists, technicians, and support staff as well as the engineering, environmental and community development specialists focused on developing a long-life, state of the art mine. In particular, we would like to acknowledge the people in the local communities, and those within the government and agencies, for their contribution and input."
For additional details, please visit the Company's website at www.continentalminerals.com or contact Investor Services at (604) 684-6365 or within North America at 1-800-667-2114.
On behalf of the Board of Directors
Gerald Panneton President and Chief Executive Officer
You can view the Next News Releases item: Thu Nov 29, 2007, Jinchuan Invests An Additional C$18 Million For A 14% Interest In Continental
You can view the Previous News Releases item: Fri Nov 9, 2007, Continental Warrants Amended
You can return to the main News Releases page, or press the Back button on your browser.
1020 - 800 West Pender Street, Vancouver BC Canada V6C 2V6 Telephone: 604-684-6365 Facsimile: 604-684-8092 TollFree: 1-800-667-2114