Agnico-Eagle Commences Drilling At Summit Property 

VANCOUVER, BC - Columbus Gold Corporation reported that drilling has commenced on the Company's Summit Project where joint venture partner Agnico-Eagle Mines Limited is earning an initial 51% interest by undertaking staged annual exploration expenditures and making annual cash payments to Columbus Gold.

The current program will consist of approximately 4,000 feet (1,220 meters) of reverse circulation drilling in 2 holes.╩The holes will test for the northeast strike extension of the Long Canyon deposit being developed by AuEx Ventures, Inc. and Fronteer Development Group Inc.╩

The company's address is Suite 307, 475 Howe Street, Vancouver, BC V6C 2B3, 604-634-0970, fax: 604-634-0971, email: [email protected].