Columbus Gold Drills 10.6 Meters of 5.23 g/t Gold at Montagne d'Or

VANCOUVER, BC - Columbus Gold Corporation reported drill results from an additional 9 holes from its Phase II resource development diamond drilling campaign currently underway at its 100%-owned Montagne d'Or gold deposit, Paul Isnard Project, in French Guiana. To date 106 holes (106 to 203 and 206 to 213) have been completed, for a total of 20,750 meters.

"This latest round of results has demonstrated good continuity of the principal UFZ zone within the west-central and east-central sections of the deposit. All holes returned thick gold mineralized intervals within 200 meters from surface" commented Robert F. Giustra, Chairman and CEO. "With three drill rigs operating we are well on our way to finalizing the current drill program and targeting completion of a new resource estimate in January."