Columbus Gold Obtains Drill and Sets Drilling Schedule at 1.9 Million Oz. Paul Isnard Gold Project

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Sept. 8, 2011) – Columbus Gold Corporation (TSX VENTURE:CGT) (“Columbus Gold“) is pleased to announce that it has entered into a drilling contract with Forage Performax Inc. of Val d’Or, Quebec, for an initial drilling program at its 1.9 million ounce Paul Isnard gold project in French Guiana. A track-mounted diamond core drill rig has already been shipped from Canada with a planned arrival at the project site, and commencement of the program, about early-October; in anticipation of a 15,000 meter drilling campaign.