Drilling Commences at Columbus Gold's Summit Project

VANCOUVER, BRITISH COLUMBIA - (Marketwire - Oct. 10, 2008) - Columbus Gold Corporation (TSX VENTURE:CGT) ("Columbus Gold" or the "Company") is pleased to announce that drilling has commenced on the Company's Summit Project where joint venture partner Agnico-Eagle Mines Limited (TSX:AEM)(NYSE:AEM) is earning an initial 51% interest by undertaking staged annual exploration expenditures. The Summit Project is located along the northeastern flank of the Pequop Range, approximately 22 kilometers (km) (14 miles) east of Wells, Nevada and strategically positioned along strike and approximately 1.6 km (1 mile) from the northern end of the Long Canyon gold deposit of AuEx Ventures, Inc. and Fronteer Development Group Inc. where ongoing drilling continues to confirm the presence of high-grade oxide gold mineralization. The Summit... [read full story]