CB Gold Inc.
TSX VENTURE : CBJ

CB Gold Inc.

April 26, 2011 09:22 ET

CB Gold Inc.-Former Fronteer Gold Chief Geoscientist and Former Legal Counsel to Ministry of Mines and Energy Join CB Gold

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 26, 2011) - CB Gold Inc. (TSX VENTURE:CBJ) ("CB Gold" or the "Company") is pleased to announce the appointment of Mr. Christopher Lee of Touchstone Geoscience and former Chief Geoscientist at Fronteer Gold, as a geological advisor for the exploration of the Company's Vetas Gold Project, and Mrs. Clara Stella Ramos, former legal counsel to the Ministry of Mines and Energy of Colombia as Senior Legal Counsel to the Company's Colombian branch.

Touchstone Geoscience Inc.

The principal of Touchstone Geoscience is Mr. Christopher Lee, formerly Chief Geoscientist at Fronteer Gold (recently acquired by Newmont Mining Corporation). Mr. Lee is a specialist in the structural analysis and evaluation of ore deposits and its practical application to predictive exploration modeling, resource estimation and project development. Mr. Lee has acted as a Qualified Person for geology and mineral resources on several scoping to feasibility level studies, and in due diligence investigations for mergers and acquisitions and for financial institutions. Mr. Lee's professional career spans 15 countries on 6 continents and he brings over 20 years of geological experience to CB Gold. Prior to Fronteer Gold, Mr. Lee was a Principal Geologist at SRK Consulting Inc. Mr. Lee will provide invaluable insight to the exploration of the Vetas Gold Project, bringing his expertise in structural geology and advanced exploration techniques in the development of the Company's first NI 43-101 compliant resource statement.

Senior Legal Counsel – Colombia

CB Gold welcomes Clara Stella Ramos to its Colombian office as its Senior Legal Counsel in Colombia. Prior to joining CB Gold, Mrs. Ramos was head of the legal office of the Ministry of Mines and Energy in Colombia, and before that she was the head of the legal office for the Colombian National Hydrocarbons Agency (ANH). Mrs. Ramos has held the positions of Legal Secretary of the Presidency of the Republic of Colombia, Auxiliary Judge for the Fifth and Third Section of State Council and Judge of Administrative Tribunal of Bogota.

Fabio Capponi, President and CEO of CB Gold commented "We are pleased with the additions of Chris and Clara to the Company's team. They both bring significant experience and knowledge in their respective disciplines to CB Gold, and Chris' background and extensive experience on world class projects will be of great help with the interpretation of the geological and geochemical data generated by the Company's exploration program as we work toward developing a NI 43-101 compliant resource at our Vetas Project".

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 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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