Continuum Resources Ltd.

Published : March 20th, 2007

Increases Landholdings in Natividad Gold ? Silver District, Oaxaca, Mexico

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Keywords :   Fortuna | G Mexico | Gold | Mexico | Silver |

Continuum Increases Landholdings in Natividad Gold - Silver District, Oaxaca, Mexico

Vancouver, British Columbia, March 20, 2007: Continuum Resources Ltd (TSX-V: CNU) is pleased to announce that it has significantly increased it's already large land package covering the historically-important Natividad gold district in the southern Mexico state of Oaxaca.

A total of 5,300 hectares of additional lands have been acquired by staking, bringing Continuum's total contiguous landholdings in the district to 54,653 hectares.

The recent land acquisition adds a further nine kilometers of strike length to a NE-trending structural feature along which a host of past-producing gold-silver mines are located. This mineralized trend is now controlled by Continuum over a strike length of 35 kilometers. The most significant gold-silver deposit recognized to date is the Natividad deposit, where approximately 1 million ounces of gold and 25 million ounces of silver were produced between 1930 and the present, although production began in 1792.

Continuum's exploration focus in the district has been, and will continue to be, the definition of a newly-discovered, northern extension of the Natividad deposit by underground tunneling and drilling. Drilling is currently being carried out from extensions of Levels 1 and 6 within the mine. Lawrence Dick, Continuum's Vice President of Exploration states "Continuum now has a very large land holding at Natividad which covers the entire mineralized district, including at least 15 past-producers of gold and silver. As we obtain more information on the controls of gold mineralization in the district, we will begin exploring outside of the confines of the Natividad deposit, which has been our focus up until now".

Continuum's exploration land package in the state of Oaxaca has grown to approximately 122,000 hectares and includes 10 individual projects including Natividad and the San Jose silver discovery  in the Taviche silver-gold district. As at Natividad, Continuum and joint venture partner Fortuna Silver Mines Inc. have been working to consolidate a majority of the Taviche district, with land holdings now over 50,000 hectares.  With the land consolidated, the joint venture can now begin exploring the potential not only of the highly-prospective San Jose ore shoot, but also for related bodies of similar-style, high-grade mineralization elsewhere in the district.

The Qualified Person for this project, under the definition established by National Instrument 43-101, is Lawrence Dick, Ph.D., P.Geo., Vice President Exploration for Continuum Resources Ltd.

On behalf of the Board of Continuum Resources Ltd.

Lawrence A. Dick, Ph.D., P.Geo., Vice President and Director

For further information please contact :

Renmark Financial Communications Inc.
Christina Lalli : clalli@renmarkfinancial.com
Barry Mire : bmire@renmarkfinancial.com
Tel. : (514) 939-3989
Fax : (514) 939-3717
www.renmarkfinancial.com

Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

Continuum Resources Ltd.

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.

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In the News and Medias of Continuum Resources Ltd.
3/25/2010Gold and Metals Continuum
Financings of Continuum Resources Ltd.
1/14/2008Extends Expiry Date of Remaining Warrants
1/4/2008 Extends Expiry Date of Remaining Warrants
Nominations of Continuum Resources Ltd.
1/31/2008Appoints Leonard Sinclair of Clifton and Associates as Envir...
1/24/2008Appoints Alex Cruz as Country Manager for Mexico
1/10/2008Announces Appointment of New General Manager for Oaxaca Proj...
7/26/2007 appoints Dale Schultz Vice-President, Exploration
Project news of Continuum Resources Ltd.
4/15/2008(Tres Hermanas)Reports 367.8 G/T Ag, 7.48 % Pb and 6.06 % Zn Over 1.9 Metre...
4/2/2008(San Jose Project) Fortuna cuts 7.1 meters with 4.36 g/t Au and 302 g/t Ag in ...
2/21/2008(San Jose Project)Fortuna drills 7.95 meters with 9.37 g/t Au and 487 g/t Ag a...
2/12/2008Commences Drilling at its 100% Owned Tres-Hermanas Project
2/4/2008Delineates 31.20 Metres of Footwall and Hangingwall Ag-Pb-Zn...
1/16/2008(San Jose Project)announces drill results of 7.95 meters with 9.37 g/t Au and ...
12/20/2007(San Jose Project)Purchases Diamond Drill For 2008 Exploration Programs In Oax...
9/14/2007(Natividad)announces delay in release of Natividad 43-101
8/21/2007(San Jose Project)Announces Additional Drill Results at San Jose
5/30/2007(San Jose Project)San Jose Drill Program Cuts 104.9m of 283 g/t Ag + 2.48 g/t ...
5/15/2007(Natividad)Initiates Surface Drilling and Underground Bulk Sampling at ...
4/11/2007(Natividad)Underground Drilling at Natividad Intersects High-grade Gold...
4/3/2007(San Jose Project)Drill Program starts on San Jose high-grade shoot, looking t...
5/31/2006underground diamond drilling at the Navidad gold/silver mine...
Corporate news of Continuum Resources Ltd.
5/30/2008Announces Convertible Debenture Financing Totalling Up To $3...
3/19/2008LOI on Natividad Project Terminated
2/28/2008Increases Exploration on Oaxaca Gold Projects
2/1/2008Announces Letter of Intent for Sale of Natividad Project
1/29/2008 Retains Jose Juan Zorrilla of Human Environment Group to Ov...
12/19/2007Provides Exploration Summary and 2008 Objectives
11/16/2007 Adopts Shareholders Rights Plan
11/5/2007releases results for latest phase of drilling at Natividad P...
10/1/2007unable to reach joint venture agreement at Natividad
9/24/2007Reactives 100% owned Lachiguiri Project in Oaxaca State, Mex...
9/19/2007Recommences Ag-Pb-Zn exploration at their 100% owned Tres-He...
8/27/2007Confirms Cash Position and Investments
8/8/2007 retains Renmark Financial Communications Inc.
7/16/2007and Fortuna drill 25.1m averaging 10.9 g/t Au + 588 g/t Ag a...
5/28/2007Dr. Lawrence Dick resigns as Director and V.P. Exploration
5/1/2007Receives Permits for the Initiation of Surface Drilling and ...
3/20/2007Increases Landholdings in Natividad Gold ? Silver District, ...
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