Continuum appoints Dale Schultz
Vice-President, Exploration
July 26, 2007: Continuum Resources Ltd. (CNU:TSX-V) Continuum Resources Ltd. ("Continuum") is pleased to announce that Mr. Dale Schultz M.Sc., P.Geo., has been appointed as Continuum's Vice-President, Exploration, subject to the approval of the TSX Venture Exchange. Mr. Schultz brings to Continuum over 17 years experience in the mining exploration industry in North and South America.
Mr. Schultz is a registered Professional Geoscientist in Manitoba and Saskatchewan. As a geologist, Mr. Schultz has been involved in projects from the "grassroots" levels through to underground and open-pit mine production environments with a variety of companies including Echo Bay, Noranda, Kinross and Hemlo Gold. As a Senior Consultant with Aurelian Resources Inc. and Linear Gold Corp., he was the lead geologist working on the resource estimation programs for Aurelian's Bonza-Pe�as deposit in Ecuador and Linear's Campamento deposit in C
hiapas, Mexico. Mr. Schultz is also a founder, director and the Chief Consultant for Buscore Consulting based in Quito, Ecuador.
Mr. Schultz will assume the role of Continuum's "Qualified Person" (QP) under National Instrument 43-101. He is currently the active QP for each of Solex Resources' Pilunani/Macusani Project in Peru, Channel Resources' El Mozo Project in Central Ecuador, and Avalanche Networks' "E" project in Northern Ecuador. He also joined the board of directors of Oromonte Resources Inc., a TSX Venture-listed issuer, in March of 2007.
Greig Hutton, Continuum's President, stated "We are excited to have Dale Schultz join the Continuum team. With Continuum's recent additions to its Board and Management, the company is ready to pursue an aggressive exploration program for the fall of 2007. Mr. Schultz's expertise in working in Latin America is invaluable and he brings a new enthusiasm and vision to Continuum."
About Continuum Resources
Continuum is actively exploring 11 separate gold-silver projects in the state of Oaxaca, where Continuum has acquired 75,000 hectares covering the entire Natividad district, including the Natividad Mine that historically-produced 1,000,000 ounces of Gold and 23,000,000 ounces of Silver.
ON BEHALF OF THE BOARD
"Warren McIntyre"
Warren McIntyre, Director
Continuum Resources Ltd.
Tel: 604-629-0000
Renmark Financial Communications Inc.
Barry Mire : bmire@renmarkfinancial.com
Dan Symons : dsymons@renmarkfinancial.com
Tel. : (514) 939-3989
Fax : (514) 939-3717
www.renmarkfinancial.com
TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT TAKE RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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Continuum Resources Ltd.
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PRODUCER |
CODE : CNU.V |
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Continuum is a silver and gold producing company based in Canada. Continuum holds various exploration projects in Mexico. Its main asset in production is SAN JOSE PROJECT in Mexico and its main exploration properties are LA PREDILECTA, NINO PERDIDO, TALEA, LACHATAO, LACHIGUIRI, TERI, NATIVIDAD and TAVICHE in Mexico and RICHARDSON LAKE in Canada. Continuum is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 5.6 millions as of today (US$ 4.4 millions, € 3.5 millions). Its stock quote reached its highest recent level on December 31, 2003 at CA$ 1.20, and its lowest recent point on October 24, 2008 at CA$ 0.01. Continuum has 124 038 000 shares outstanding. |