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Columbus Gold Issues Broker Warrants

February 3, 2012

Vancouver, British Columbia, Canada, February 3, 2012. Columbus Gold Corporation (CGT: TSX-V) (“Columbus Gold”) is pleased to announce that it has issued a total of 300,000 non-transferable broker warrants to National Bank Financial, each such warrant exercisable until December 20, 2012 into one common share of Columbus Gold at $0.80 per such share. For additional information, please see Columbus Gold’s news release of December 22, 2011. 

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