Continental Gold Announces Death of Director Gary Barket

TORONTO, ONTARIO--(Marketwired - Mar 4, 2014) - Continental Gold Ltd. (TSX:CNL)(OTCQX:CGOOF) ("Continental") is saddened to announce that Mr. Gary P. Barket, a member of its Board of Directors, passed away on February 25, 2014. Mr. Barket had a distinguished career as a businessman and attorney; he practiced law in Little Rock, Arkansas for over 40 years, specializing in securities and business transactions and litigation. Mr. Barket was a key member of Continental's Board of Directors in its early years, serving from September 2007 to March 2010, and rejoined the Board in 2013. He was also a member of the Corporate Governance, Nominating and Compensation Committee.

"Gary's enthusiasm and unique insight were remarkable. We will miss him, both as a friend and as a valued business associate. On behalf of the directors, management and employees of Continental, we extend our heartfelt condolences to Gary's family during this difficult time," commented Ari Sussman, Chief Executive Officer of Continental.

About Continental Gold

Continental Gold Ltd. is an advanced-stage exploration and development company with an extensive portfolio of 100%-owned gold projects in Colombia. Spearheaded by a team with over 40 years of exploration and mining experience in Colombia, the Company is focused on advancing its high-grade Buriticá gold project to production.