Drilling Commences at Columbus Gold’s Guild Project in Nevada

Columbus Gold Corporation (TSXV:CGT) commences on the Company’s Guild Project where joint venture partner Sniper Resources Ltd., is earning an initial 51% interest.

The press release is quoted as saying:

The current first phase of the 24 drill hole program consists of 8 RC drill holes 500-600 feet in length (150-180m) for a total of 4,000 – 4,800 feet (1,200-1,450 m) of drilling. Carlin-style gold mineralization is the target at Guild where a silicified ledge in Ordovician limestone carries gold values (thirty samples average 1.9 g/t (0.054 opt) gold) over 55 metres (180 feet) of its 700 metre (2,300 ft) total strike length. This jasperoid ledge formed along a northerly-trending structure which appears to extend south under what is thought to be a thin veneer of post-ore volcanic rocks.

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