Posted in | Gold | Mining Business

Columbus Gold and Cordilleran Extend Agreement for Nevada Exploration Activities

Columbus Gold Corporation (TSX VENTURE:CGT) has announced that it has extended its agreement with Cordilleran Exploration Company to design, initiate and carry out generative and mineral exploration activities in Nevada and elsewhere in the United States on behalf of Columbus Gold until December 31, 2011.

The agreement is exclusive to Columbus Gold and provides that the term may be extended until December 31, 2013.

Cordex' mandate includes the identification of prospective acquisition opportunities for Columbus Gold and to design and carry out exploration programs on the Company's portfolio of properties.

"Cordex has a long and successful history of discovering and developing precious metal deposits. They will continue to work exclusively with Columbus Gold next year which is looking like it will be a year certain to keep them extremely busy, and as always we are enthusiastic to be working together," stated Peter Kendrick, President of Columbus Gold.

Source: Columbus Gold Corporation

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