Columbus Gold Corporation
TSX VENTURE : CGT

Columbus Gold Corporation

April 19, 2013 09:00 ET

Columbus Gold Corp. Terminates Option with Columbus Exploration

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 19, 2013) - Columbus Gold Corp. (TSX VENTURE:CGT) ("Columbus Gold") announces that it has terminated the option agreement with Columbus Exploration Corporation previously announced on December 14, 2012 (the "Agreement"). The Agreement was subject to a number of conditions to be satisfied on or before June 30, 2013; Columbus Exploration has informed Columbus Gold that it is unlikely to complete these conditions in a timely fashion and the two companies have accordingly decided to terminate the Agreement.

ON BEHALF OF THE BOARD,

Robert F. Giustra, Chairman & CEO

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 release.

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