Colombian Mines Corporation

Colombian Mines Corporation

October 06, 2009 07:30 ET

Mineral Concession Contracts Covering 20,000 Hectares in Colombia Awarded to Colombian Mines Corporation

VANCOUVER, BRITISH COLUMBIA--(Marketwire – Oct. 6, 2009) - Colombian Mines Corporation (TSX VENTURE:CMJ) ("Colombian Mines" or "the Company") has received written notification that the Company is to be awarded mineral concession contracts covering more than 20,000 hectares (49,420 acres) of select property in some of Colombia's most prospective mineral belts. These contracts will bring the Company's total granted holdings to approximately 22,000 hectares. The applications, originally applied for in 2006 and 2007, are situated primarily in known mining districts with multiple small-scale, historic mines that include massive sulfide, porphyry gold-copper and precious metal vein targets. Colombian Mines' current portfolio includes contracts, licenses and applications covering approximately 222,000 hectares of massive sulfide, porphyry gold-copper, precious metal vein, coal and phosphate properties.

The Company is very pleased with this notification which builds on our plan of acquiring 100% direct ownership in quality mineral projects. Our strategy of direct acquisition of mineral properties through the lengthy application process has positioned Colombian Mines as a prospect generator and explorer at a time when Colombia appears to be moving to the forefront of mineral exploration investment in South America. The surge in recent interest in Colombia is a result of exploration success and a stable, pro-industry government. We now have a pipeline of 100% owned quality projects providing a basis for the growth of the Company through Joint Venture and further exploration.

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 the acquisition, exploration and development of high quality mineral properties with near to intermediate term production potential. Colombia is increasingly recognized as a highly prospective, but under-explored country with a long mining history and excellent discovery potential. Further information can be found on our website.

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.

The TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

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