Columbus Gold Corp.

Columbus Gold Corp. is a gold exploration and development company operating in French Guiana and Nevada. At its 100% owned Paul Isnard project in French Guiana, the company is developing the Montagne d'Or gold deposit, which hosts a current NI-43-101-compliant Inferred resource of 4.3 Moz (140.1 Mmt at 1 g/t gold at a 0.4 g/t cutoff), with considerable expansion potential between widely spaced holes, in parallel zones, on strike and at depth. In Nevada, Columbus is developing its 100%-owned Eastside gold project, located 32 km from the town of Tonopah. Of the 18 strategically located gold projects in Nevada, 8 are currently optioned.

Expert Comments:

"Columbus Gold Corp. could be a prime takeover candidate. . .Columbus is trying to expand the resource and its margins. The current drill program is primarily infill drilling, but that infill drilling will add significantly to the resource at the Montagne d'Or deposit in French Guiana. That's because the resource estimates to date have been done conservatively without counting much of the resource between holes. Columbus should be able to steadily increase the resource by bringing new mineralization between holes into the proposed pit. I expect the PEA to pleasantly surprise people." read more >

Mick Carew, Haywood Securities (1/16/15)
"Columbus Gold Corp. released assay results from an additional eight holes completed at its 100%-owned Paul Isnard project in French Guiana. . .highlights include: hole MO-14-187 that intersected 46.2m grading 2.36 g/t gold from a downhole depth of 115.2m, including 13.3m grading 7.12 g/t gold from a downhole depth of 115.2m, and hole MO-14-91 that intersected 32.0m grading 2.06 g/t gold from a downhole depth of 238.0m."

Eric Coffin, HRA Advisory (1/15/15)
"Columbus Gold Corp. reported on metallurgical test work that will be incorporated in a PEA in the next few months. Recoveries were generally good, with 97%+ gold recovery with a combination of gravity and cyanidation or gravity and rougher floatation. Further tests are being carried out to optimize the process, but it sounds like a conventional plant will produce the desired gold recoveries."

The Investment Doctor, Seeking Alpha (1/10/15)
"Columbus Gold Corp's metallurgical test work at Paul Isnard yielded better results than I imagined. This is a positive surprise and will absolutely benefit the value of the project. The investment thesis doesn't change for now, but I'm now even more confident the PEA will show the project to be viable."

Mike Niehuser, Scarsdale Equities (1/6/15)
"We were positively impressed with Columbus Gold Corp.'s Montagne d'Or gold deposit on our recent visit to French Guiana. Having found the company positioned to surprise investors in 2015, we completed additional investigation on their financial condition, management, other assets and development agreement with Nord Gold N.V. We are initiating coverage on Columbus Gold with a Buy rating."

Eric Coffin, Hard Rock Analyst (1/4/15)
"Columbus Gold Corp. released more Paul Isnard drill results. This set and most of the remainder from the program will be from the main Upper Felsic zone, which contains the thicker mineralized sections. The most recent set was no exception. . .accumulate on gold price weakness."

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Experts Commenting on This Company


The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Investing Highlights
 
Fully Financed in French Guiana to Advance to Resource Update/PEA
 
Commencing 47,000m Drill Program at Eastside Gold Discovery in Nevada
 
Strong Treasury and Undervalued to Peer Group
catalyst Calendar
Q1
2015
Metallurgical Studies in French Guiana, Resource Update in French Guiana, Commence Eastside Drilling
Q2
2015
PEA Completion in French Guiana, Commence Drilling in French Guiana
Q3
2015
Commence Metallurgical Testing Eastside Nevada, Complete Drilling French Guiana
Q4
2015
New Resource Update French Guiana, Metallurgical Results at Eastside Nevada
Columbus Gold Corp. Content