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22 décembre 2011
Columbus Gold Grants Options

Vancouver, British Columbia, Canada. December 22, 2011. Columbus Gold Corp. (CGT: TSX-V) (the "Company") announces that it has granted incentive stock options to certain of its officers, directors, consultants, employees, and service providers, to purchase up to an aggregate of 1,295,000 common shares exercisable on or before December 22, 2016 at a price of $0.78 per share. Of the foregoing options, 545,000 are subject to vesting such that they will not be exercisable until December 22, 2012.

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.

For more information contact:

Investor Relations
604-634-0970 or
1-888-818-1364
info@columbusgoldcorp.com
 

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Columbus Gold Corporation