Continent Resources Inc.
CNSX : CTT

Continent Resources Inc.

August 21, 2009 09:15 ET

Continent Announces Option to Purchase Dos Cabezas Gold Mine, Arizona

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 21, 2009) - Continent Resources Inc. (CNSX:CTT) is pleased to announce that it has entered into an agreement with Fronteer Group, Reno, Nevada under which Continent has the right to purchase the Dos Cabezas Property in southern Arizona for the total price of USD$400,000 payable over 3 years. The Dos Cabezas property is a series of gold-silver-copper quartz fissure veins exposed for 3 miles that were previously produced by underground miners. The last gold mining occurred in 1996 by Western States Mining, a subsidiary of the Fronteer Group.

The company also reports that it has filed on SEDAR (www.sedar.com) a NI 43-101 technical report on its Lone Mountain Property located in Grant County, southwest New Mexico.

About Continent Resources Inc.

Continent Resources Inc. holds a significant portfolio of advanced stage copper properties among the greatest cluster of porphyry copper deposits in the world, the southwest USA. The region produces more than 10% of the world's copper. The Company is focused on the discovery and development of copper resources which are suitable for leaching. Lone Mountain, the Company's feature property, is within sight of the large Tyrone and Chino porphyry copper producing mines operated by Freeport-McMoRan.

For more information about Continent Resources, please visit: www.continentresources.com

In compliance with National Instrument 43-101, Mr. Michael R. Pawlowski, P.Geo., Chief Geologist and President of Continent Resources is the Qualified Person who prepared or supervised the preparation of the technical information presented in this news release.

On behalf of the board of directors of Continent Resources Inc.,

Michael R. Pawlowski, P.Geo., CEO, President & Director

The CNSX does not accept responsibility for the adequacy or accuracy of this release.

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