Continental Gold Inc. ("Continental" or the "Company") announced an updated Mineral Resource estimate prepared in accordance with National Instrument 43-101 ("NI 43-101") for its Buriticá Project in Antioquia, Colombia. The Buriticá Project remains on schedule for construction completion in first half of 2020. Results from the 2015-2018 exploration program, consisting of 85 kilometres of drilling and 2 kilometres of additional underground channel sampling, were successful in converting additional Mineral Resources to the Measured and Indicated categories at both the Veta Sur and Yaraguá systems. Also, the results successfully outlined extensions to the Veta Sur system and provided initial Mineral Resources within the broad mineralized zones ("BMZ"). The following highlights are headlined from Table 1 in relation to the new Mineral Resource and a comparison with the previous Mineral Resource estimate completed May 11, 2015; Measured and Indicated Mineral Resources for the combined vein systems have increased by approximately 19% to 5.58 million gold equivalent ounces (15.45 million tonnes grading 10.54 grams per tonne gold and 41.8 grams per tonne silver). Inferred Mineral Resources for the combined vein systems has increased by approximately 30% to 6.24 million gold equivalent ounces (20.36 million tonnes grading 8.87 grams per tonne gold and 39.3 grams per tonne silver). An initial Mineral Resource has been stated for mineralized material existing between modelled veins within the BMZ and totals 90,000 gold equivalent ounces in the Measured and Indicated Mineral Resource category (0.58 million tonnes grading 4.64 grams per tonne gold and 12.34 grams per tonne silver) and 210,000 gold equivalent ounces in the Inferred Mineral Resource category (1.51 million tonnes grading 4.41 grams per tonne gold and 9.37 grams per tonne silver). Growth potential exists for this BMZ mineralization with additional infill and definition drilling from underground development currently advancing at the Buriticá Project. There has been a significant increase in silver grades and contained silver ounces in all Mineral Resource categories as compared to the 2015 Mineral Resource estimate. This relates to the inclusion of high-grade hanging wall veins in the Veta Sur system and modification of the assaying procedures for silver to include a gravimetric finish for higher grade samples. Re-assaying was also undertaken on historical high-grade silver samples used in prior Mineral Resource estimates. Results from geological mapping of extensive underground development, re-logging of approximately 40% of historical drill core and the new drilling campaign have provided a better understanding of the mineralized systems at Buriticá. This comprehensive work had led to a simplification of the gold-bearing bodies into 27 vein packages (previously 89 veins) and three BMZ bodies. These geology and resource domains will provide the framework for mine production planning. All Mineral Resources were estimated using ordinary kriging methodologies and specific and appropriate grade capping procedures for each domain and high-grade subdomains were utilized. A conservative approach was adopted in the delineation of subdomain boundaries in order to restrict the influence of high-grades, particularly around areas where there were clustered high-grade sampling results. Both the Yaraguá and Veta Sur systems are still open in high-grade mineralization along strike and at depth. There are opportunities for future Mineral Resource expansion and conversion. Exploration priorities for 2019 include delineation and definition of new and existing high-grade BMZ shoots. In addition, the exploration will provide sufficient information for the estimation of Indicated Mineral Resources within high grade pay shoots currently classified as Inferred Mineral Resources in both vein systems. The input data for the Mineral Resource estimate comprises information from 1,083 diamond drill-holes totaling 356,053 metres and 9,294 metres of underground channel sampling. Continental used the new drilling and additional underground development to update and adjust its interpretation of the mineralization at the Buriticá Project. The 27 new vein and vein package interpretations that form the basis of the updated Mineral Resource are largely consistent with those of the 2015 geological model, but represent only the most significant gold-bearing zones of the 89 veins modelled in 2015. All data was composited to the nominal sample length of 1.5 m prior to analysis and estimation. Grade estimation was completed using Ordinary Kriging (OK) into 10 m by 10 m by 10 m parent cells.