Antioquia Authorities Evict Illegal Miners from Continental Gold’s Veta Sur Operations
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National and regional police authorities in Buriticá, Antioquia launched a significant operation to evict illegal miners from unsafe areas near Continental Gold Inc.‘s Veta Sur operations in the Buriticá town during the weekend. The National Mining Agency has ordered local authorities, with the participation of Continental as the legal title holder in the area, to formally close down those illegal operations as a preventative measure in light of the danger from potential landslides and the collapsing of tunnels in areas of illegal mining activity. A security council, led by the Buriticá Major and the regional police commander, is in the process of issuing the corresponding eviction orders to remove the miners from several illegal mines in the area. So far miners have been leaving their tunnels peacefully.
The company’s operations are unaffected. The company´s management and technical teams are on site ready to cooperate with the authorities in the orderly implementation of the government´s orders and to close down several illegal mines.
“Illegal mining is endemic to areas with high-grade gold deposits in Colombia, as it has been throughout history elsewhere in the world. The Colombian government has declared ‘war on criminal mining’ and is deploying its resources to control the activity in various parts of the country. Continental works in very close coordination with the authorities in its area of influence in that regard, as well as protecting our people and assets,” said Leon Teicher, executive chairman of the board.
“Despite the regional emergency of this situation, we think it is a positive sign of the direction of the joint work between the Colombian government and the legitimate owners of titles, especially where projects of national strategic interest, such as Continental’s Buriticá Project, are being developed and operated,” added Teicher.
About Continental Gold
Continental Gold Inc. is an advanced-stage exploration and development company with an extensive portfolio of 100 percent-owned gold projects in Colombia. Formed in April 2007, the company — led by an international management team with a successful track record of discovering and developing large high-grade gold deposits in Latin America — is focused on advancing its high-grade Buriticá gold project to production.
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