Columbus Gold Corp

CGT-T

Analysis and Opinions about CGT-T

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June 26, 2015

Have projects in Nevada and French Guiana. Until recently, French Guiana was a tough place to explore. However, the government has mapped out areas where you can mine open pit, areas where you can mine underground and areas where you cannot mine. That is a huge plus. Have a large deposit in French Guiana of about 4.5 million ounces at 1.4 g. The best thing is that they have a joint venture with Nordgold which has been pretty successful in West Africa. The deal is that Nordgold has to produce a feasibility study of at least $30 million to earn just over 50%. Because of this, this company is carried free all the way to that point, which is a fantastic deal for them. There should be a PEA coming out shortly which should give a better handle on what it looks like.

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Have projects in Nevada and French Guiana. Until recently, French Guiana was a tough place to explore. However, the government has mapped out areas where you can mine open pit, areas where you can mine underground and areas where you cannot mine. That is a huge plus. Have a large deposit in French Guiana of about 4.5 million ounces at 1.4 g. The best thing is that they have a joint venture with Nordgold which has been pretty successful in West Africa. The deal is that Nordgold has to produce a feasibility study of at least $30 million to earn just over 50%. Because of this, this company is carried free all the way to that point, which is a fantastic deal for them. There should be a PEA coming out shortly which should give a better handle on what it looks like.

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