CB Gold Inc.

CB Gold Inc.

January 07, 2013 13:52 ET

CB Gold Inc. Appoints Marius Mare as Vice President, Exploration

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 7, 2013) - CB Gold Inc. (TSX VENTURE:CBJ) ("CB Gold" or the "Company") is pleased to announce the appointment of Marius Maré as the Company's Vice President Exploration.

A Professional Geologist and Qualified Person, Mr. Maré brings more than 20 years of senior exploration experience with a number of exploration and producing companies based in North and Latin America. Prior to joining CB Gold, Mr. Maré was Vice President Exploration for Kimber Resources and has previously held senior roles with different mining companies including Placer Dome Inc. and Phelps Dodge Exploration.

Mr. Maré holds a B.Sc. (Honours) and a M.Sc. in Geological Sciences from the University of Manitoba and is a registered P.Geo with the Association of Professional Engineers and Geoscientists of British Columbia. Mr. Maré will act as the designated Qualified Person for the Company under National Instrument 43-101.

Fabio Capponi, CEO of CB Gold commented, "We are pleased to welcome Mr. Maré to CB Gold where he brings significant technical experience and will be instrumental in advancing the Vetas Gold Project. Additionally, we would like to thank Dr. Alberto Rios Carranza for his contribution to the Company over the past years."

About CB Gold Inc.:

CB Gold is a mineral exploration company headquartered in Vancouver, British Columbia. CB Gold, through its wholly-owned subsidiary, Leyhat Colombia Sucursal, is actively pursuing the exploration and development of mineral properties in the Republic of Colombia. The Vetas Gold Project consists of a number of existing mines (operations currently suspended) and exploration concessions.

The securities of CB Gold described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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