Continental Precious Minerals Inc.
NEX BOARD : CZQ.H

Continental Precious Minerals Inc.

September 02, 2005 10:44 ET

Continental Precious Minerals Inc.: Press Release

TORONTO, ONTARIO--(CCNMatthews - Sept. 2, 2005) - Continental Precious Minerals Inc. (NEX:CZQ.H) (the "Company" or "Continental") announced that six new exploration licenses (which forms part of a group of seven) have been issued to Continental by the Swedish Inspectorate of Mines. The right to these licenses was acquired from Geoforum Scandinavia AB as part of Continental's acquisition of eight mineral licenses completed earlier in the year. Such eight exploration licenses were the subject of a NI 43-101 technical report dated July 15, 2005 that is available on SEDAR (www.sedar.com). All the licenses are located in Northern Sweden and most of them with excellent infrastructure in place. Continental is in the process of acquiring additional licenses to increase its portfolio of mineral property interests in Sweden.

Note: This press release may contain forward-looking statements. The words "believe", "expect", "anticipate", "intend", "estimate" and other expressions which are predictions of or indicate future events and trends and which do not relate to historical matters identify forward-looking statements. Reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements.

THIS NEWS RELEASE WAS PREPARED BY CONTINENTAL, WHICH ACCEPTS RESPONSIBILITY FOR ITS ACCURACY AND THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact Information

  • Continental Precious Minerals Inc.
    Ed Godin
    President
    (416) 805-3036