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, Columbus is developing the Montagne d'Or Gold Deposit, which hosts a NI-43-101 in-pit gold resource of 3.9 million ounces Indicated and 1.1 million ounces Inferred (83.2 million tonnes at 1.45 g/t gold, and 22.4 million tonnes at 1.55 g/t gold, respectively, at a 0.4 g/t cut-off), with considerable expansion potential in parallel zones, on strike and at depth.

In Nevada, Columbus is advancing its 100%-owned Eastside oxide, gold discovery, 32km west of Tonopah. Eastside has district scale potential. A $10 million exploration program is planned for 2015/16 to complete up to 250 drill holes and advanced detailed metallurgical studies, with a goal to complete a resource model by mid 2016. Columbus also has controlling interest in 14 other gold projects in Nevada.

Expert Comments:

"Columbus Gold Corp. is a company with assets that could be coveted by larger players. It has the 5 Moz Paul Isnard gold project in French Guiana. It is low-grade but Columbus Gold has a strong joint-venture partner in Nordgold N.V. that's earning just over 50% interest by completing a feasibility study before March 2017. History says most mid-tier or senior producers prefer to own much more than 50% of a project, so we think there's a reasonable chance that Nordgold would be interested in acquiring more than 50% of Paul Isnard." read more >

James Kwantes, Resource Opportunities (11/3/15)
"Investors looking for an ounces-in-the-ground play on gold should check out Columbus Gold Corp. for its Paul Isnard project in French Guiana. The Montagne d'Or deposit at Paul Isnard hosts an in-pit resource of 3.9 Moz Indicated and 1.1 Moz Inferred at grades of about 1.5 g/t gold. Miner Nordgold is spending a minimum of $30M to produce a bankable feasibility study and earn a 51% interest in Montagne d'Or. . .on Oct. 16, Columbus announced a feasibility study expected to land by Q4/16. . .the company's Nevada project, Eastside, is an interesting secondary project."

Eric Coffin, Hard Rock Analyst (10/21/15)
"Columbus Gold Corp. had a good month, responding well to higher gold prices as we'd hoped it would. The company reinforced its status as an advanced-stage explorer by announcing the start of a prefeasibility study on the Paul Isnard project in French Guyana."

Haywood Securities (10/13/15)
"In French Guiana, Columbus Gold Corp. is developing the Paul Isnard project, which currently hosts Indicated resources of 3.9 Moz grading 1.46 g/t gold and Inferred resources of 1.1 Moz grading 1.55 g/t gold. . .Nord Gold will fully fund the project to feasibility study level in exchange for a 50.01% interest. . .in Nevada, the company is exploring its 100%-owned Eastside project. Drill results have returned encouraging results that highlight the potential to delineate a large, low-grade deposit. Initial metallurgical test work has yielded very favorable recovery rates."

Thibaut Lepouttre, Caesars Report (10/1/15)
"Columbus Gold Corp.'s recent exploration results at the Eastside project in Nevada are now almost putting this project at the same level as Paul Isnard, despite the earlier stage the project is on the development curve. . .no less than 38 of the 46 holes that have hit the intended targets have encountered 'significant mineralization' and almost half of those holes have even ended in mineralization. . .in excess of 150m at 0.71 g/t and almost 25m of 2.7 g/t are quite exceptional."

Brien Lundin, Gold Newsletter (Jefferson Financial) (9/30/15)
"Columbus Gold Corp.'s aggressive drill program on its Eastside project in Nevada is paying dividends. . .given the intriguing results coming out of Eastside, and the fact that Nord Gold N.V. continues to move Montagne d'Or along the development curve, Columbus shouldn't lack for news flow in the months ahead. Indeed, this is exactly the kind of asset-anchored, exploration-leveraged play that I am constantly looking to add to our portfolio right now. It's still a buy."

More Expert Comments

Experts Following This Company

Thom Calandra, writer The Calandra Report
Mick Carew, Analyst – Haywood Securities
Eric Coffin, Owner – HRA Advisory
Brent Cook, Analyst, Geologist Exploration Insights
Michael Curran, Managing Director, Research Analyst – Beacon Securities Ltd.
Paul Harris – Colombia Gold Letter, Trident Gold Corp
James Kwantes Resource Opportunities
Thibaut Lepouttre, Editor Caesars Report
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Bob Moriarty, Author 321 Energy , 321 Gold
Mike Niehuser, Analyst – Scarsdale Equities
Jay Taylor, Author Gold, Energy & Tech Stocks

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
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