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.
ON BEHALF OF THE BOARD,
Robert F. Giustra
President & CEO, Director
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
For more information contact:
Ray Lagace
Investor Relations
604 638-3474 or
1 866 689-2599
info@columbusgoldcorp.com