Vancouver, BC, Canada, February 11, 2016. Columbus Gold Corp. (CGT: TSX, CBGDF: OTCQX) announces that it has granted incentive stock options to certain of its directors, officers, employees, consultants and advisors to purchase up to an aggregate of 2,815,000 common shares at an exercise price of $0.40 per share for a period of 5 years.

ON BEHALF OF THE BOARD,

Robert F. Giustra
Chairman & CEO


For more information contact:

Investor Relations
(604) 634-0970 or
1-888-818-1364
info@columbusgold.com