Vancouver, B.C., November 13th, 2008 Columbus Gold Corporation (CGT: TSX-V) (the "Company") is pleased to announce the appointment of Joel Schuster as Vice President of Commercial Affairs. Mr. Schuster is a graduate of the University of Toronto with degrees in political science and law, is a member of the bar in British Columbia and Massachusetts. Mr. Schuster has worked in private legal practice for nearly a decade, most recently with DuMoulin Black LLP in Vancouver. Mr. Schuster has represented numerous mining companies in Canada and the United States in connection with initial public offerings, takeovers, company maintenance, corporate governance, public disclosure requirements, and the acquisition and disposition of mineral properties. His experience provides the Company with legal and managerial experience in its efforts to explore and commercialize its mineral holdings. Mr. Schuster's appointment is subject to approval by the TSX Venture Exchange.
Mr. Robert Giustra, President & CEO, stated: "We are extremely delighted to have Joel accept this important appointment and look forward to benefiting from his considerable legal expertise on mining and securities matters. Bringing Joel's capabilities in-house will significantly reduce the Company's legal costs, which we consider particularly important in the current economic environment."
ABOUT COLUMBUS GOLD
Columbus Gold Corporation is a gold exploration and development company operating principally in Nevada. Columbus Gold has an experienced management group with a strong background in all aspects of the acquisition, exploration, development and financing of precious metal mining projects. Columbus Gold controls a 100% interest, subject to royalties, in 25 gold projects strategically located along or near Nevada's most productive gold trends. Columbus Gold also holds a significant equity interest in Columbus Silver Corporation, an exploration company with a growing portfolio of silver projects in the Western United States.
Columbus Gold's and Columbus Silver's project activities are managed on an exclusive basis by Cordilleran Exploration Company (Cordex), owned and operated by John Livermore and Andy Wallace who have a long and successful history of gold discovery and mine development in the United States. Columbus Gold maintains active generative (prospecting) and evaluation programs and, as a key element of strategy, broadens exposure, minimizes risk and maintains focus on high priority prospects while seeking industry finance through joint ventures on selected projects. The Company currently has 14 of its projects joint ventured to major and junior mining companies, including Newmont Mining, Barrick Gold and Agnico-Eagle Mines.