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</LabelSeparator><Level>2</Level><ElementName>clgl_ExplorationStageActivitiesAndGoingConcernTextBlock</ElementName><ElementPrefix>clgl_</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="Context_3ME_30-Apr-2013" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Company is currently in the exploration
stage and has engaged in limited operations. While management of the Company believes that it will be successful in its planned
capital formation and operating activities, there can be no assurance that the Company will be successful in the development of
its planned objectives and generate sufficient revenues to earn a profit or sustain the operations of the Company.&lt;/p&gt;

&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Company&amp;#146;s activities through
July 31, 2013 have been supported by debt and equity financing. It has a cumulative loss since inception of $3,297,003 as of July
31, 2013. Management continues to seek funding from its shareholders and other qualified investors to pursue its business plan.
In the alternative, the Company may be amenable to a sale, merger, or other acquisition in the event such transaction is deemed
by management to be in the best interests of the shareholders.&lt;/p&gt;

&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 8pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The accompanying financial statements
have been prepared in conformity with accounting principles generally accepted in the United States of America, which contemplate
continuation of the Company as a going concern. The Company has incurred a cumulative loss since inception and its cash resources
are insufficient to meet its planned business objectives. These and other factors raise substantial doubt about the Company&amp;#146;s
ability to continue as a going concern. The accompanying financial statements do not include any adjustments to reflect the possible
future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result
from the possible inability of the Company to continue as a going concern.&lt;/p&gt;

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