Columbus Gold Appoints New Director
Vancouver, British Columbia, Canada. July 7th, 2008. Columbus Gold Corporation (CGT: TSX-V) (“Columbus Gold” or the “Company”) is pleased to announce the appointment of Mr. Donald Gustafson as a Director of the Company.
Mr. Gustafson has forty-three years of experience in exploration and development of mineral properties. Mr. Gustafson is a current Director of Golden Cycle Gold Corporation which is being acquired pursuant to a takeover bid by AngloGold Ashanti Ltd. He previously served as Homestake Mining Company’s Manager of Deposit Development where he played a significant role in the discovery and development of the McLaughlin gold mine in Northern California. He also held the position of Vice President and Director of Exploration for Homestake International Minerals Ltd., where he concentrated on the Asian, South Pacific, Central and South American regions.
Mr. Donald Gustafson received his Bachelor’s degree in Geology and Mineralogy from the University of Colorado, and remained at the institution to complete his Master’s Degree in Geology. He is a member of the Society of Exploration Geologists, the Society of Mining Engineers, the Geological Society of Nevada and the Prospectors and Developers Association of Canada, as well as an author of articles appearing in various industry publications. Mr. Gustafson is a Professional Certified Geologist certified by the American Institute of Professional Geologists.
With his many years of experience and vast knowledge of the mining industry, Mr. Gustafson’s addition to the Board of Directors will be of tremendous value to Columbus Gold Corporation and its shareholders.
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 controls a 100% interest, subject to royalties, in 25 gold projects strategically located along or near Nevada’s most productive gold trends and 6 silver and copper projects located in Arizona and Utah. The Company’s project activities are managed 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 Nevada.
The Company 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.
ON BEHALF OF THE BOARD,
Robert F. Giustra
President & CEO, Director
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