6-K 1 kmk6k_103105.htm PRESS RELEASE OCTOBER 31 2005 Multi-Rig Drilling Continues to Expand Xietongmen Copper-Gold Discovery

 
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
 
 
FORM 6-K

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
 

CIK # 782879

As at October 31, 2005
   
CONTINENTAL MINERALS CORPORATION
800 West Pender Street, Suite 1020
Vancouver, British Columbia
Canada V6C 2V6

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
 
Form 20-F...X.... Form 40-F.........
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
 
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
 
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
 
Yes ..... No .....
 
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________
  
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 
By: /s/ Jeffrey R. Mason
Director and Chief Financial Officer
 
Date: October 31, 2005
 
* Print the name and title of the signing officer under his signature
-------
 


Continental Minerals Corporation
1020 - 800 West Pender Street
Vancouver, BC
Canada V6C 2V6
Tel 604 684∙6365
Fax 604 684∙8092
Toll Free 1 800 667∙2114
www.continentalminerals.com


China NetTV Holdings Inc.
World Trade Centre
Suite 536-999 Canada Place
Vancouver, BC V6C 3E2
Tel 604 641∙1366
Fax 604 641∙1377
www.ctvh-holdings.com

-----------------------------------------------------------------------------------------------------------

MULTI-RIG DRILLING CONTINUES TO EXPAND
XIETONGMEN COPPER-GOLD DISCOVERY

October 31, 2005, Vancouver, BC - Ronald W. Thiessen, President and CEO of Continental Minerals Corporation (TSX.V-KMK; OTC.BB-KMKCF), and Anthony Garson, President and CEO of China NetTV Holdings Inc. (OTC.BB-CTVH), announce the results from six additional core holes completed at the Xietongmen project, located 240 kilometres southwest of Lhasa in Tibet, People's Republic of China. Drilling, with six rigs in operation, is ongoing and continues to intersect long intervals of high-grade copper and gold mineralization. Assay results consistently show the strong continuity of the mineralization. The area drilled on 50 metre centres now measures approximately 700 metres northwest-southeast by 350 metres northeast-southwest. The deposit remains open to expansion in all lateral directions.
 
New results from drill holes numbered 5017 and 5032 through 5036 are reported below and a table of all drill hole assay results to date is attached. A Property Location Map, a Drill Hole Plan and Cross Sections are posted on the partner's websites at www.continentalminerals.com & www.ctvh-holdings.com. Drilling of holes 5051 through 5056 is currently underway at the site. Sampling or assaying of holes 5023, 5027 to 5031 and 5037 to 5050 is in progress.

  XIETONGMEN PROJECT NEW ASSAY RESULTS


Drill Hole
From (metres)
To (metres)
Intercept (metres)
Intercept (feet)
Cu1
%
Au1
g/t
CuEQ2 %
AuEQ2 g/t

5017
 
28.6
284.1
255.5
838
0.69
0.99
1.27
2.18

5017
Incl.
28.6
79.0
50.4
165
1.07
0.97
1.63
2.80

5017
and
28.6
49.0
20.4
67
1.61
1.03
2.21
3.79

5017
Incl.
172.0
284.1
112.1
368
0.70
1.23
1.42
2.43

5032
 
31.0
296.0
265.0
869
0.45
0.73
0.87
1.49

5032
Incl.
128.0
296.0
168.0
551
0.52
0.91
1.05
1.79

5032
and
128.0
190.0
62.0
203
0.66
1.04
1.27
2.17

5033
 
128.0
349.5
221.5
727
0.59
1.13
1.25
2.14

5033
Incl.
168.0
312.0
144.0
472
0.65
1.30
1.41
2.42

5034
 
20.8
224.0
203.2
667
0.69
0.77
1.14
1.96

5034
Incl.
20.8
41.0
20.2
66
1.08
0.65
1.46
2.50

5034
Incl.
152.0
218.0
66.0
217
0.74
1.29
1.49
2.55

5035
 
83.0
303.0
220.0
722
0.50
0.90
1.03
1.77

5035
Incl.
155.0
199.0
44.0
144
0.67
1.40
1.49
2.55

5035
Incl.
251.0
293.0
42.0
138
0.68
0.92
1.22
2.09

5036
 
20.1
208.3
188.2
617
0.56
0.99
1.14
1.95

5036
Incl.
103.0
197.5
94.5
310
0.65
1.28
1.40
2.40

1 Copper capped at 5%, gold capped at 10 g/t for all calculations.
2 Copper and gold equivalent calculations use metal prices of US$1.00/lb for copper and US$400/oz for gold.
Adjustment factors to account for differences in relative metallurgical recoveries for gold and copper will depend upon the
completion of definitive metallurgical testing.
CuEQ = Cu % + (Au g/t x 12.86/22.046)
AuEQ = (Cu % x 22.046/12.86) + Au g/t

Plans are to continue drilling to mid December. Also, property wide surface exploration and mapping is now underway to assess the full potential of the Xietongmen mineral property. In all, Continental expects to complete expenditures on the Xietongmen property of approximately US$5 million for 2005. Plans, budgets and schedules are now being worked up for aggressive programs and studies, including substantial drilling, for 2006. It is expected that the multi-rig delineation drilling program will continue after a break period for Christmas and Chinese New Year.
 
Mark Rebagliati, P.Eng., a Qualified Person as defined under National Instrument 43-101, is supervising the drilling program and quality assurance and quality control ("QAQC") programs on behalf of Continental Minerals Corporation. The program includes rigorous QAQC procedures. Acme Analytical Laboratories of Vancouver, BC, an ISO 9001:2000 accredited laboratory, performs the sample preparation and assaying for the project. Gold analysis is by 30 g Fire Assay fusion with an Inductively Coupled Plasma-Emission Spectroscopy (ICP-ES) finish. Copper assays are done by four acid digestion with an ICP-ES finish. Continental includes standards, blanks and duplicates in addition to the laboratory's internal quality control work.
 
For further information:

Continental Minerals Corporation
Tel: 604 684∙6365
Toll Free 1 800 667∙2114
www.continentalminerals.com
China NetTV Holdings Inc.
Tel: 604 641∙1366
www.ctvh-holdings.com


No regulatory authority has approved or disapproved the information contained in this news release.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the companies expect are forward-looking statements. Although the companies believe the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements.
 
For more information on Continental Minerals Corporation, Investors should review the Company's annual Form 20-F filing with the United States Securities Commission and its home jurisdiction filings that are available at www.sedar.com.
 
For more information on China NetTV Holdings Inc., Investors should review the Company's annual Form with the United States Securities Commission at www.sec.gov.

XIETONGMEN ASSAY TABLE
OCTOBER 31, 2005


Drill
Hole
From (metres)
To (metres)
Intercept (metres)
Intercept (feet)
Cu1
%
Au1
g/t
CuEQ2
%
AuEQ2 g/t

5001
 
15.8
277.6
261.8
859
0.41
0.60
0.76
1.30

5001
Incl.
44.6
70.0
25.5
84
0.74
0.81
1.22
2.09

5002
 
8.6
259.9
251.3
824
0.55
0.82
1.02
1.75

5002
Incl.
44.5
77.2
32.7
107
0.96
0.77
1.41
2.42

5003
 
2.5
226.1
223.6
734
0.37
1.05
0.99
1.70

5003
Incl.
99.1
123.2
24.1
79
0.92
2.45
2.35
4.02

5004
 
46.5
294.0
247.5
812
0.57
0.67
0.96
1.65

5004
Incl.
46.5
188.0
141.5
464
0.70
0.77
1.15
1.97

5005
 
20.4
200.0
179.6
589
0.36
0.53
0.67
1.15

5005
Incl.
20.4
122.5
102.1
335
0.43
0.63
0.80
1.37

5006
 
18.7
242.7
224.0
735
0.49
0.76
0.94
1.61

5006
Incl.
18.7
121.6
102.9
338
0.71
0.99
1.28
2.20

5007
 
41.2
97.0
55.8
183
0.88
0.29
1.05
1.80

5007
 
151.0
195.0
44.0
144
0.22
0.70
0.63
1.08

5008
 
17.0
306.0
289.0
948
0.63
1.07
1.25
2.14

5008
Incl.
40.2
70.0
29.8
98
1.05
0.89
1.57
2.69

5008
Incl.
155.0
181.3
26.3
86
0.98
1.67
1.95
3.35

5009
 
82.0
137.5
55.5
182
0.42
0.47
0.69
1.19

5010
 
36.7
122.0
85.3
280
0.63
0.50
0.91
1.57

5010
Incl.
41.0
88.2
47.2
155
0.81
0.55
1.13
1.93

5010
and
41.0
63.0
22.0
72
1.08
0.69
1.48
2.54

5011
 
45.3
301.9
256.6
842
0.66
0.89
1.18
2.03

5011
Incl.
45.3
184.0
138.7
455
0.80
0.94
1.35
2.31

5011
Incl.
254.0
300.0
46.0
151
0.70
1.04
1.30
2.23

5012
 
24.0
332.5
308.5
1012
0.87
1.26
1.61
2.76

5012
Incl.
24.0
106.0
82.0
269
1.36
0.83
1.84
3.16

5012
and
24.0
61.0
37.0
121
2.15
0.62
2.52
4.31

5012
Incl.
119.1
332.5
213.4
700
0.72
1.46
1.57
2.69

5013
 
42.0
349.4
307.4
1009
0.64
0.76
1.09
1.87

5013
Incl.
66.0
176.0
110.0
361
0.83
0.89
1.35
2.32

5014
 
76.0
304.0
228.0
748
0.51
0.84
1.00
1.71

5014
Incl.
76.0
112.0
36.0
118
0.74
0.91
1.27
2.17

5014
Incl.
171.0
211.0
40.0
131
0.59
0.94
1.14
1.95

5015
 
48.3
363.9
315.6
1035
0.61
1.11
1.26
2.16

5015
Incl.
182.0
232.0
50.0
164
0.79
1.49
1.65
2.84

5015
Incl.
253.3
344.0
90.7
298
0.62
1.53
1.51
2.59

5016
 
87.0
339.0
252.0
827
0.55
0.79
1.01
1.73

5017
 
28.6
284.1
255.5
838
0.69
0.99
1.27
2.18

5017
Incl.
28.6
79.0
50.4
165
1.07
0.97
1.63
2.80

5017
and
28.6
49.0
20.4
67
1.61
1.03
2.21
3.79

5017
Incl.
172.0
284.1
112.1
368
0.70
1.23
1.42
2.43

5018
 
12.0
208.0
196.0
643
0.59
0.81
1.06
1.82

5018
Incl.
22.0
167.0
145.0
476
0.63
0.84
1.12
1.91

5019
 
38.0
46.0
8.0
26
0.72
0.08
0.76
1.31

5019
 
66.0
365.0
299.0
981
0.56
0.80
1.02
1.75

5019
Incl.
92.1
201.0
108.9
357
0.71
0.94
1.26
2.16

5019
Incl.
315.9
362.6
46.7
153
0.61
1.08
1.24
2.13

5020
 
80.0
288.0
208.0
682
0.54
0.69
0.94
1.61

5020
Incl.
106.0
142.0
36.0
118
0.78
0.78
1.24
2.12

5020
Incl.
187.0
288.0
101.0
331
0.53
0.85
1.02
1.75

5021
Incl.
53.0
297.0
244.0
801
0.62
1.11
1.27
2.17

5021
Incl.
119.0
297.0
178.0
584
0.68
1.36
1.47
2.52

5021
 
187.0
374.0
187.0
614
0.53
1.22
1.24
2.12

5021
Incl.
306.1
315.0
8.9
29
0.73
1.34
1.51
2.58

5022
 
16.0
211.0
195.0
640
0.60
0.84
1.09
1.86

5022
Incl.
119.0
187.0
68.0
223
0.78
1.03
1.38
2.36

5023
Results Pending
 
 
 
 

5024
 
113.0
370.6
257.6
845
0.60
0.94
1.15
1.96

5024
Incl.
154.3
306.0
151.7
498
0.80
1.25
1.53
2.62

5025
 
100.0
316.0
216.0
709
0.56
0.95
1.11
1.91

5025
Incl.
158.0
316.0
158.0
518
0.57
1.10
1.21
2.07

5026
 
47.0
324.0
277.0
909
0.44
0.66
0.83
1.42

5026
Incl.
168.0
288.0
120.0
394
0.56
0.90
1.08
1.85

5026
Incl.
248.0
288.0
40.0
131
0.66
1.39
1.48
2.53

5027
Results Pending
 
 
 
 

5028
Results Pending
 
 
 
 

5029
Results Pending
 
 
 
 

5030
Results Pending
 
 
 
 

5031
Results Pending
 
 
 
 

5032
 
31.0
296.0
265.0
869
0.45
0.73
0.87
1.49

5032
Incl.
128.0
296.0
168.0
551
0.52
0.91
1.05
1.79

5032
and
128.0
190.0
62.0
203
0.66
1.04
1.27
2.17

5033
 
128.0
349.5
221.5
727
0.59
1.13
1.25
2.14

5033
Incl.
168.0
312.0
144.0
472
0.65
1.30
1.41
2.42

5034
 
20.8
224.0
203.2
667
0.69
0.77
1.14
1.96

5034
Incl.
20.8
41.0
20.2
66
1.08
0.65
1.46
2.50

5034
Incl.
152.0
218.0
66.0
217
0.74
1.29
1.49
2.55

5035
 
83.0
303.0
220.0
722
0.50
0.90
1.03
1.77

5035
Incl.
155.0
199.0
44.0
144
0.67
1.40
1.49
2.55

5035
Incl.
251.0
293.0
42.0
138
0.68
0.92
1.22
2.09

5036
 
20.1
208.3
188.2
617
0.56
0.99
1.14
1.95

5036
Incl.
103.0
197.5
94.5
310
0.65
1.28
1.40
2.40

1 Copper capped at 5%, gold capped at 10 g/tonne for all calculations
2 Copper and gold equivalent calculations use metal prices of US$1.00/lb for copper and US$400/oz for gold.
Adjustment factors to account for differences in relative metallurgical recoveries for gold and copper will depend upon the completion of definitive metallurgical testing.
CuEQ = Cu % + (Au g/t x 12.86/22.046)
AuEQ = (Cu % x 22.046/12.86) + Au g/t