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Columbus Gold Grants Stock Options

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