Vancouver, B.C., April 10, 2013 - Columbus Gold Corp. (CGT: TSX-V) ("Columbus Gold") is pleased to announce that it has granted incentive stock options to certain of its directors, officers, consultants and employees to purchase up to an aggregate of 2,275,000 common shares at an exercise price of $0.30 per share. The foregoing options vest immediately and may be exercised for a period of 10 years expiring April 9, 2023.

ON BEHALF OF THE BOARD,

Robert Giustra
Chairman & CEO

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

For more information contact:

Investor Relations
604 634-0970 or
1 888 818-1364
info@columbusgroup.com