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Continental Gold Announces Resignation of James Felton as Director

TORONTO, ONTARIO -- (Marketwire) -- 11/06/12 -- Continental Gold Limited (TSX:CNL)(OTCQX:CGOOF) (the "Company") announces today that James Felton has resigned as a member of the Company's Board of Directors.

The Board of Directors would like to take this opportunity to thank Mr. Felton for his contributions to the Company and wish him every success in the future.

About Continental Gold

Continental Gold Limited 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 Buritica gold project to production.

Details on the Buritica project and the rest of Continental's suite of gold exploration properties are available at www.continentalgold.com.

Contacts:
Continental Gold Limited
Nisha Hasan
Director, Investor Relations
+1.416.583.5611
info@continentalgold.com
www.continentalgold.com

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