Vancouver, BC, Canada, June 19, 2009. Columbus Gold Corporation (CGT: TSX-V) ("Columbus Gold" or the "Company") announces that Kenneth P. Judge has stepped down as Chairman and a director of Columbus Gold effective June 16, 2009 due to other business commitments. The board wishes to extend its thanks and appreciation to Mr. Judge for his contributions to the Company's growth to date.
Commenting, Robert Giustra, President and CEO of the Company said "Ken's lively contribution to our board discussion and his valuable business and financial experience will be missed by all of us. I hope Ken will now have the time to enjoy his young family and to attend to his other business interests."
About Columbus Gold
Columbus Gold Corporation is a gold exploration and development company operating principally in Nevada. The Company 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. The Company 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 12 of its projects joint ventured to major and junior mining companies, including Barrick Gold and Agnico-Eagle Mines.