VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 21, 2016) - Columbus Gold Corporation (TSX:CGT)(OTCQX:CBGDF) announces that it has granted incentive stock options to a consultant providing investor relations services for the purchase of up to an aggregate of 75,000 common shares at an exercise price of $0.70 per share for a period of 5 years. The options vest on October 28, 2016.

ON BEHALF OF THE BOARD,

Robert F. Giustra
Chairman & CEO

Investor Relations
(604) 634-0970
1-888-818-1364
info@columbusgold.com