News Releases

Columbus Gold Grants Incentive Stock Options

February 15, 2007

Vancouver, B.C., February 15, 2007. Columbus Gold Corporation (CGT: TSX-V) (“Columbus Gold” or the “Company”) announces that in accordance with the Company’s stock option plan, it has granted incentive stock options to certain of its officers, employees and consultants to purchase up to an aggregate of 45,000 common shares exercisable on or before February 15, 2012 at a price of $1.68 per share. The issuance of the options is subject to board approval.


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
Direct: 604-638-3474
Toll Free: 1-866-689-2599