Drill Rig Arrives in Anticipation of Columbus Drilling at Paul Isnard 1.9 M Ounce Gold Project, French Guiana

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Oct. 7, 2011) – Columbus Gold Corporation (TSX VENTURE:CGT) (“Columbus Gold“) is pleased to announce that the track-mounted diamond core drill rig contracted for commencement of drilling at its 1.9 million ounce Paul Isnard gold project, has arrived in French Guiana. The rig is expected to clear customs in the next few days and will then be transported to the project site, in anticipation of a 15,000 meter drilling campaign that will begin shortly thereafter.