CLB Colombia Crest Gold Corp

Colombia Crest Gold Corp. ("Colombia Crest"; the "Company") (TSX
VENTURE:CLB)(FRANKFURT:EAT)(PINKSHEETS:ECRTF) is pleased to announce the
appointment of Peter Ellsworth as Vice President ("VP") of Exploration, based
out of Medellin, Colombia. Additionally, Walter Lienhard will assume the newly
appointed role of VP Business Development Latin America, with a focus on
property acquisition and monetization of existing projects.


Peter Ellsworth is a geologist with 27 years of mineral exploration and mining
experience across North and South America. His expertise ranges from corporate
leadership, project management, and natural resource exploration and development
throughout the precious metals, base metals, diamond and industrial minerals
sectors. Previously as VP Exploration for Trident Gold Corp. in Colombia, he
identified and acquired bulk-mineable gold exploration projects, directed
property evaluation, due diligence and spearheaded qualified technical reports.
Early in his career working as Staff Geologist for Newmont Exploration Ltd, he
was involved in the discovery of the Gaby porphyry gold deposit in Ecuador and
more recently he built and directed the team that successfully drilled the
Alpacocha porphyry copper deposit in southern Peru. Consulting on various
international projects, his client list comprises over 25 public and private
companies. Mr. Ellsworth holds a M.Sc in Geology from the University of Montana
and a B.Sc in Geology from Montana State University and is bilingual in English
and Spanish.


"We are now at a stage where we can position Pete in this high performing role
situated in Medellin, Colombia within close proximity to our properties. Pete's
insight into various angles of the business, from junior exploration to major
mining, gives him the proper perspective for advancing our projects," stated
Hans Rasmussen, President and CEO of Colombia Crest. "The technical team and I
are thrilled to welcome Pete during this exciting time as we drill our highest
priority gold targets." 


Peter Ellsworth will also serve as the Qualified Person in accordance with
National Instrument 43-101 Standards of Disclosure for Mineral Projects. 


Mr. Lienhard obtained his B.Sc Degree in Geology from the University of Arizona
and has over 25 years of exploration experience working with major mining
companies. Due to his previous positions where Mr. Lienhard was involved with
all phases of exploration and management of operations in Latin America, he will
be a tremendous asset in heading the Company's business development in that
area.


About Colombia Crest Gold Corp.

Colombia Crest Gold Corp. is focused on systematically exploring, developing and
monetizing promising new gold projects in Colombia as well as realizing the
potential of its 100 percent-owned San Simon project in Bolivia. The Company
employs a team of seasoned geologists, each with 20+ years of experience
exploring and discovering this type of porphyry deposit around the world,
including Argentina, Peru, Ecuador, Mexico, Alaska, Indonesia, and Eastern
Europe. 


Along with a strong working capital position, the Company will accelerate the
exploration programs at the Fredonia and Venecia projects where it has optioned
over 34,000 hectares (81,600+ acres) located in the Cauca River Valley. Situated
approximately 40 km south of the city of Medellin, in Antioquia Province, the
properties are positioned within the Middle Cauca Belt, which is the most
prolific gold belt in Colombia with more than 500 years of gold-mining history
and several new gold discoveries. 


Forward-Looking Statements

This press release contains or refers to forward-looking information, including
statements regarding exploration results, potential mineralization, exploration
plans and timing of the commencement of drilling, and is based on current
expectations that involve a number of business risks and uncertainties. Factors
that could cause actual results to differ materially from any forward-looking
statement include, but are not limited to, delays in obtaining or failures to
obtain required governmental, environmental or other project approvals,
political risks, uncertainties relating to the availability and costs of
financing needed in the future, changes in equity markets, inflation, changes in
exchange rates, fluctuations in commodity prices, delays in the development of
projects and the other risks involved in the mineral exploration and development
industry. Forward-looking statements are subject to significant risks and
uncertainties, and other factors that could cause actual results to differ
materially from expected results. Readers should not place undue reliance on
forward-looking statements. These forward-looking statements are made as of the
date hereof, and the Company assumes no responsibility to update them or revise
them to reflect new events or circumstances other than as required by law.


If you prefer to receive news releases via email please contact
info@ColombiaCrestGold.com.


Please visit the Company's website at www.ColombiaCrestGold.com.

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