Colombian Mines Corporation
TSX VENTURE : CMJ

Colombian Mines Corporation

November 25, 2011 12:55 ET

Colombian Mines Cuts 9 Meters Averaging 10.42 g/T Gold and 2.34% Copper-Identifies Two 1,000 Meter Long MMI Anomalies at El Dovio

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 25, 2011) - Colombian Mines Corporation (TSX VENTURE:CMJ)(FRANKFURT:X6C) ("Colombian Mines" or "the Company") is pleased to announce that saw cut channel sampling of mineralization exposed by a recent mudslide on the ridge above the Sabana Blanca adit has returned results averaging 10.42 grams gold per metric tonne (g/T Au), 20.7 grams silver per metric tonne (g/T Ag), 2.34% copper (Cu) and 2.23% zinc (Zn) over 9 meters.

These results, represent the up dip extension of high grade mineralization announced July 20, 2011 from the Sabana Blanca adit that averaged 9.18 g/T Au, 15.14 g/T Ag, 2.46% Cu and 2.04% Zn over 21 meters, and show favorable lateral and vertical continuity of the mineralization. Due to slope orientation, deep soil cover and limited outcrop exposure in the area, the channel samples cut the mineralization at an oblique angle, and represent an approximate true width of 4 meters. Mineralization remains open beyond the accessible sampled interval.

MMI Geochemistry:

Expanded MMI soil geochemistry has identified two important, semi-parallel MMI gold and copper anomalies, each roughly 1,000 meters long and 100 meters wide.

The first of these 1,000 meter long anomalies is coincident with the Sabana Blanca zone mineralization. This anomaly covers the entire extent of the known mineralization and extends approximately 100 meters to the northeast and more than 500 meters to the southwest beyond current exposures, and indicates significant potential to expand this important target zone through drilling.

The second anomaly, situated approximately 200 meters up slope is coincident with a newly identified geologic contact between the marine volcanic rocks that host the Sabana Blanca mineralization and overlying marine sediments. Volcano - sedimentary contacts such as this are known to be favorable areas for the formation of bedded Volcanogenic Massive Sulfide (VMS) deposits. In general, contact areas such as this, where there are two rock types with contrasting mechanical competencies are prone to develop large permeable breccias, often favorable for later mineral deposition. In either case this second anomaly represents a new and highly prospective target for further exploration and increases the overall mineral potential of the El Dovio property.

Several other MMI anomalies are present throughout the survey area, including one coincident with previously announced mineralization in the Granizales area. Additional follow up is planned for all of these anomalies.

These results materially increase the mineral potential at El Dovio. Surface sample and mapping results over the past year have developed significant target potential such that El Dovio has become a key project for Colombian Mines going forward. Phase I drilling plans are currently being developed and drilling is expected to start during the first half of 2012 upon receipt of necessary permits from the Colombian government.

Permitting:

The Company has received necessary authorization to submit the required Environmental Assessment Report, water diversion permits and drilling permits. These have been prepared and will be submitted to the regulatory authorities within the next three weeks.

Upcoming Events:

Colombian Mines invites you to visits us at the San Francisco Hard Assets Conference, Booth 218, November 27th and 28th, at the San Francisco Marriot Marquis to discuss the Company and its projects.

Sample Collection - Quality Assurance/Quality Control

The Company's samples are collected in accordance with accepted industry best practices. All channel samples were diamond saw cut to a nominal width of five centimeters, three to four centimeters deep and one meter in length yielding an average 3.7 kilograms per meter of sample length. After cutting, each sample is collected by hammer and chisel, sealed into individual sample bags, and delivered to the ALS-Chemex sample preparation facility in Medellin, Colombia. Sample Pulps are delivered by Chemex to their analytical laboratory in Lima, Peru. The Company maintains rigid QC-QA through insertion of a series of blank, duplicate and certified standards at a rate of 1:30 or higher.

Mr.Robert G. Carrington, P. Geo, a Qualified Person as defined by National Instrument 43-101 and President of the Company, has reviewed and verified the technical information contained in this news release.

About Colombian Mines Corporation

Colombian Mines Corporation is focused on developing shareholder value through the exploration and development of high quality mineral properties in its 100% owned portfolio of Colombian projects with near to intermediate term production potential. Colombia is widely recognized as a highly prospective, yet under-explored country with excellent discovery potential. Further information can be found on our website at www.colombianmines.com.

Robert G. Carrington, President

Forward-Looking Statement

Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Colombian Mines Corporation. Actual results may differ materially from those currently anticipated in such statements.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Colombian Mines Corporation
    Nathan A. Tewalt
    CEO
    (604) 669-0868 (Vancouver)

    Colombian Mines Corporation
    Robert G. Carrington
    Pres.
    (604) 669-0868 (Vancouver)

    Colombian Mines Corporation
    Sharon Hebgin
    Corporate Communications
    (604) 649-9195
    shebgin@colombianmines.com

    Colombian Mines Corporation
    Kim C. Casswell
    Corporate Secretary
    (604) 669-0868
    (604) 688-1157 (FAX)
    kcasswell@colombianmines.com
    www.colombianmines.com