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CB Gold Acquires Concessions in the California Gold District

VANCOUVER, BC–(Marketwired – February 15, 2017) – CB Gold Inc. (TSX VENTURE: CBJ) is pleased to announce the acquisition of a strategic block of six exploitation mining concessions totalling 126 hectares in the prolific California-Vetas Gold District located in Santander, Colombia. The six properties, which collectively comprise the California Gold Project, are adjacent to and along strike from concessions which contain La Bodega gold deposit currently being developed by Mubadala Development. The last public NI 43-101 Technical Report for La Bodega was issued by Ventana Gold dated effective November 8, 2010 and reported an Inferred resource of 3.47M ounces of gold.1