Vancouver, British Columbia, Canada. November 18, 2010 Columbus Gold Corporation (CGT: TSX-V) (the “Company” or “Columbus Gold”) is pleased to announce the appointment of Peter Kendrick as President. Mr. Robert Giustra remains the CEO and has been promoted to Chairman of the board.
Mr. Kendrick has over 20 years of experience in the mining industry in precious metals exploration. He was formally with Oro Gold Resources as Vice President Corporate Development and CFO for its sister company Oro Silver Resources.
As President, Peter Kendrick will be working closely with the CEO and Chairman, Robert Giustra, to assist in the next growth period of the company.
“We are pleased to have Peter Kendrick join Columbus Gold,” stated Robert Giustra, “his high energy and enthusiasm is a welcome addition to our team and his experience in managing and promoting public companies is certain to accelerate Columbus Gold’s business development and as a consequence provide value creation for our shareholders.”
The foregoing appointment is subject to TSX Venture exchange approval and to a standard probationary period.
ABOUT COLUMBUS GOLD
Columbus Gold Corporation is a gold exploration company pursuing early to advanced stage opportunities primarily in Nevada. The Company is an experienced project generator focused on advancing projects either through joint venture with industry partners or on its own where exploration risk is minimized and potential is particularly promising. Exploration and generative activities are managed by Cordilleran Exploration Company owned and operated by Andy Wallace who has a long and successful history of gold discovery and mine development in Nevada. The Company currently has 12 of its 23 projects joint ventured to major and junior mining companies, including Agnico-Eagle Mines Limited.
ON BEHALF OF THE BOARD,
Chief Executive Officer & Chairman
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.
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