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Colombia Crest Gold Issues Correction To Sampling Data


October 26, 2012

VANCOUVER, BC - Colombia Crest Gold Corp. (“Colombia Crest”; the “Company”) (TSX-V: CLB; Pink Sheets: ECRTF; Frankfurt: EAT) would like to issue a correction on an assay result unit issued in the previous news release dated October 24, 2012.  The results of the stream sediment sampling at the Garrucha target area indicated values of up to 82.9 parts per billion (ppb) gold, rather than the previously stated 82.9 grams per tonne gold.

The technical information in this news release has been reviewed and approved by John Bolaños, a Qualified Person in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.

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 Simón project in Bolivia. The Company employs a team of seasoned geologists, each with 20+ years of experience exploring and discovering porphyry deposits around the world, including Argentina, Peru, Ecuador, Mexico, Alaska, Indonesia, and Eastern Europe. 

The Company is currently carrying on exploration programs at the Fredonia and Venecia projects where it has optioned over 30,973 hectares located approximately 40 km south of the city of Medellín, 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. 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

If you would prefer to receive news releases via email please contact Colombia Crest (info@ColombiaCrestGold.com) and specify “Colombia Crest news” in the subject line.

For more information, please contact:

Hans Rasmussen                                                                                            
President and CEO                                                                                         
Office: 604-684-7160                                                                                      
E-mail: hans@colombiacrestgold.com                                                  

Dan Fish
Manager, Corporate Communications
Direct: 1-888-228-4305
E-mail:  dan@colombiacrestgold.com

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