Continuum Resources Ltd.
TSX VENTURE : CNU

Continuum Resources Ltd.

November 22, 2006 09:45 ET

Continuum Resources Appoints New Director

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 22, 2006) - Continuum Resources Ltd. (TSX VENTURE:CNU) is pleased to announce that it has appointed Mr. Rafael Corral to its board of directors and audit committee.

Mr. Corral is the Executive Vice President of Argent Trading LLC, a corporate trading firm based in New York City that specializes in the purchase and sale of underperforming assets from mid to large-sized companies. Prior to that, he spent 13 years helping to build Atwoods Richards Inc's Mexican operations as President and CEO. Atwood Richards was one of the largest companies in the barter industry, helping large companies realize value for underperforming assets and inventories worldwide prior to being acquired by Argent Trading. Mr. Corral is also a shareholder in Minera de Natividad y Anexas, S.A. de C.V., the company that owns the Natividad mining claims, the flagship gold property in which Continuum has optioned a 70% interest. Mr. Corral brings his keen business insights to Continuum's board as well as a wealth of experience in business dealings in Mexico.

About Continuum Resources

Continuum is actively exploring 11 separate gold-silver projects in the state of Oaxaca, Including 35,000 hectares covering the entire Natividad district. The Natividad Mine has historically-produced 1,000,000 ounces of Gold and 23,000,000 ounces of Silver.

On behalf of Continuum Resources Ltd

Greig Hutton, President

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