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TORONTO, ONTARIO--(Marketwire - May 19, 2010) - Continental Gold Limited (TSX:CNL) ("Continental" or "The Company") is pleased to announce the appointment of Mr. Mark Moseley-Williams to the position of Senior Vice President of Operations. Mr. Moseley-Williams will be based out of Medellin and will assume overall responsibility for the fast track development and operation of the high-grade Buriticá gold project, located in Antioquía, Colombia.

Mr. Moseley-Williams, a citizen of Colombia and the United Kingdom, holds a BSc. Mining Engineering degree from the Colorado School of Mines and an MBA from the Cranfield School of Management in the United Kingdom. Having been raised in Colombia he is bilingual in Spanish and English. Mr. Moseley-Williams has over 16 years of experience in mine construction, expansion projects and operations in North, Central and South America. His most recent position was Operations Manager for Agnico-Eagle's Pinos Altos Mine located in Chihuahua, Mexico. He was responsible for all underground and open pit operations as well as the mine's engineering and planning requirements. In his previous roles, he acquired expertise in a variety of fields including corporate development, project development, corporate social responsibility and environmental permitting.

"Continental is fortunate to have attracted a Colombian mining engineer with such a strong track record in Latin America," commented Ari Sussman, CEO. "His experience will be invaluable in outlining and executing an aggressive development horizon for the Buriticá project."

"This is a tremendous opportunity to come back to Colombia after 20 years," remarked Mark Moseley-Williams, Senior VP of Operations. "The Buriticá project has the opportunity to become Colombia's first modern scale gold mine and it will be a privilege to be a part of this new venture."

About Continental Gold Limited

Continental Gold Limited is an advanced-stage exploration company with eight gold projects covering 190,000 hectares in Colombia. Spearheaded by a management team with over 40 years of exploration and mining experience in South America, the Company plans to conduct an aggressive exploration program to its extensive portfolio with a focus on its flagship high-grade gold project, Buriticá and its drill-ready program, Berlin.