Infill Drilling At Paul Isnard Gold Project

VANCOUVER, BC - Columbus Gold Corporation reported assay results from the latest four diamond core holes, MO 12-66 to 69 totaling 1,327 meters, at its Paul Isnard gold project in French Guiana. Three of the four holes, including MO 12-66 containing 1.56 gpt gold along 110 meters, confirm extension and continuity of gold mineralization between widely spaced holes from earlier programs in the under-drilled central part of the 43-101 compliant 1.9 million ounce inferred Montagne d'Or gold deposit. The fourth hole, MO 12-69, contains an intercept averaging 2.02 gpt gold along 29 meters extending mineralization 50 meters west of the current deposit and resource area.

Robert Giustra, CEO said, "These latest drill results confirm continuity of gold mineralization between widely spaced historical holes which are up to 200 meters apart, and compliment the results announced on March 2nd, by reaffirming that gold mineralization extends to 200 meters vertical depth from surface not only in historically drilled areas but also in areas with wide undrilled gaps AND 50 meters to the west of the exiting 1.9M oz. deposit envelope." Robert Giustra further stated: "Given the positive outcome of the drilling results to date, we have resolved to secure a second drill rig as soon as possible to accelerate the program."