10:48 AM EST - Colombia Goldfields Ltd. : said that it has incurred a loss for the third quarter of US$14.6 million or US$0.16 per share, compared to a loss of US$3.9 million or US$0.06 per share for the same period in 2007. The loss was driven by mineral property exploration costs of US$8.2 million, general and administrative expenses of US$1.6 million, and a write-down related to the Mineros transaction of US$9.3 million. Colombia Goldfields Ltd.
shares T.GOL are trading unchanged at $0.04.
