Junior roundup: Continental, Plateau, Red Eagle Exploration

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Monday, October 16, 2017

Toronto-based Continental Gold plans to begin in November a systematic drilling program on four targets at its Buriticá concession in Colombia's Antioquia department.

Continental will begin at the Arados prospect, as part of its 25,000m drill program for 2017, while drilling at the Guarco, Pinguro and Obispo prospects are expected to begin in early 2018, a press release said.

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Toronto's Plateau Uranium signed the first agreement with the local community of Chaccaconiza to carry out exploration at its mineral concessions in southern Peru. Initial prospecting has led to new uranium mineralization discovered at surface, while five areas of strong radioactivity have been identified.

The agreement with the community is for six months, and the company has immediate plans to drill test the Falchani prospective area with at least two diamond drill holes or possibly more, subject to financing, a statement from Plateau said.

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The shares of Colombia-focused Red Eagle Exploration began trading on October 12 on the OTCQB market under the XRELF symbol, a press release said.