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Continental Precious Minerals Inc.: Press Release.


TORONTO Toronto (tərŏn`tō), city (1998 est pop. 2,400,000), provincial capital, S Ont., Canada, on Lake Ontario. Toronto is the largest city in Canada and since the 1970s has been one of the fastest-changing cities in North America, experiencing  -- Continental Precious Minerals Inc. (NEX NEX
abbr.
Navy exchange
:CZQ.H) (the "Company" or "Continental") announced that six new exploration licenses (which forms part of a group of seven) have been issued to Continental by the Swedish Inspectorate in·spec·tor·ate  
n.
1. The office or duties of an inspector.

2. A staff of inspectors.

3. An inspector's district.


inspectorate
Noun

1.
 of Mines. The right to these licenses was acquired from Geoforum Scandinavia AB as part of Continental's acquisition of eight mineral licenses completed earlier in the year. Such eight exploration licenses were the subject of a NI 43-101 technical report dated July 15, 2005 that is available on SEDAR SEDAR System for Electronic Document Analysis and Retrieval
SEDAR Southeast Data, Assessment, and Review
 (www.sedar.com). All the licenses are located in Northern Sweden and most of them with excellent infrastructure in place. Continental is in the process of acquiring additional licenses to increase its portfolio of mineral property interests in Sweden.

Note: This press release may contain forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
. The words "believe", "expect", "anticipate", "intend", "estimate" and other expressions which are predictions of or indicate future events and trends and which do not relate to historical matters identify forward-looking statements. Reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements.

THIS NEWS RELEASE WAS PREPARED BY CONTINENTAL, WHICH ACCEPTS RESPONSIBILITY FOR ITS ACCURACY AND THE TSX VENTURE EXCHANGE TSX Venture Exchange

Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors.
 DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Continental Precious Minerals Inc. (NEX BOARD:CZQ.H)
COPYRIGHT 2005 Business Wire
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 2, 2005
Words:248
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