BUZZ-Continental Gold Ltd: Seeks Colombian govt's EIA clearance for project

Tue Sep 15, 2015 1:45pm EDT
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** Canadian gold miner's shares down 24 pct to C$1.93; stock among top losers on Toronto Stock Exchange

** This is the stock's biggest intra-day percentage fall in nearly 6 and a half years

** Company withdraws application for modification of environmental impact assessment of Buritica project in Colombia from the regional environment authority

** Continental Gold has now asked the Colombian government to assess the environmental impact of the mine under Project of National Strategic Interest, which was created to advance large-scale projects in the country.

** Up to Monday's close, the stock had declined nearly 24 pct over the past 12 months