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Columbus Gold Grants Incentive Stock Options

April 3, 2007

Vancouver, B.C., April 3, 2007. Columbus Gold Corporation (CGT: TSX-V) (“Columbus Gold” or the “Company”) announces that in accordance with the Company’s stock option plan, it has granted incentive stock options to a consultant to purchase up to an aggregate of 30,000 common shares exercisable on or before April 3, 2012 at a price of $1.45 per share. The issuance of the options is subject to board approval.

ON BEHALF OF THE BOARD,

Robert F. Giustra
President & CEO, Director

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For more information contact:

Ray Lagace 
Investor Relations
Direct: 604-638-3474 
Toll Free: 1-866-689-2599