Continental Gold Comments on Share Price and Provides Operational Update

Continental Gold Ltd.

TORONTO, ON--(Marketwired - August 21, 2017) - Continental Gold Inc. (TSX: CNL)(OTCQX: CGOOF) ("Continental" or the "Company") comments that, at this time, the Company is unaware of any specific reason contributing to the recent decline in the Company's share price. Excellent progress is being made at the Company's flagship Buriticá gold project (the "Project") with early construction, engineering and procurement activities remaining on or ahead of schedule.