09:47 AM EST - Columbus Gold Corporation : provided an update on the progress of the development program underway at its 100% owned Montagne d'Or Gold Deposit, Paul Isnard Project, French Guiana. A Phase II resource development diamond drilling program designed to establish a 50-metre drill spacing array over the known strike extent of the deposit to a vertical depth of 200 metres was completed in early November 2014 (126 holes, 25,560 meters). The drill program focused on gold mineralization amenable to open pit mining. All gold assays and multi-element analyses from the drill program have now been received. Columbus Gold Corporation
shares V.CGT are trading unchanged at $0.40.