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Columbus Gold Corporation to be featured on Alexander Haig’s 21st Century Business Television series April 27, 2008 on CNBC (as paid programming)

"Major gold mining companies occasionally forge alliances with smaller exploration oriented companies known in the industry as “juniors” to improve their odds of participating in a new gold discovery."

 



(EMAILWIRE.COM, April 25, 2008 ) Boca Raton, FL (April 13, 2007) --- Multi-Media Productions (USA), Inc. announces that Columbus Gold Corporation will be featured on 21st Century Business, hosted by General Alexander Haig.

In an environment of declining gold reserves the industry needs major new gold discoveries to replenish the inventory pipeline and meet increasing demand. In order to keep-up with current production rates the major mining companies need to replace their mined-out reserves through exploration, however, discovering new world class (> 5 million ounces) deposits is not easy. In order to replace 3.5 – 7 million ounces of gold each year, a major deposit would have to be discovered annually, which is very unlikely. Since 1999 for example only a few world class gold discoveries have been made.

Major gold mining companies occasionally forge alliances with smaller exploration oriented companies known in the industry as “juniors” to improve their odds of participating in a new gold discovery. It’s estimated that 75% of all new gold discoveries are made by junior mining companies. Typically, to attract a major gold mining company as an industry partner a junior mining company would have to possess an exceptional exploration and management team with an impressive track record of past discovery or control a particularly attractive gold project. In the case of Columbus Gold Corporation all of the above apply. In the last 6 months Columbus Gold has entered into joint venture partnerships with Barrick Gold and Newmont Mining, the world’s two largest gold producers.

For more information, tune in on April 27, 2008 to hear the full interview with Robert Giustra, President of Columbus Gold Corporation.




About Columbus Gold Corporation

Columbus Gold Corporation is a gold exploration and development Company operating principally in Nevada. The Company has an experienced management group with a strong background in all aspects of the acquisition, exploration, development and financing of precious metal mining projects. Columbus controls a 100% interest, subject to royalties, in 23 gold projects strategically located along or near Nevada's most productive gold trends, and 5 silver and copper projects located in Arizona and Utah. The Company's project exploration and project generation activities are managed by Cordilleran Exploration Company ("Cordex"), owned and operated by John Livermore and Andy Wallace who have a long and successful history of gold discovery and mine development in Nevada. For more information visit www.columbusgoldcorp.com
About 21st Century Business
21st Century Business airs on CNBC (as paid programming). 21st Century Business may also be viewed on US Airways in-flight TV, or through video on demand via www.21cbtv.com. The 21CBTV Series is also available at more than 90 prestigious college universities, including Carnegie Mellon University, Howard University, Dartmouth College and Georgetown University.

For specific market-by-market air dates and times, please visit http://www.21cbtv.com/broadcast/1927.htm or e-mail Moniqueh@mmpusa.com. For more information, please visit www.21cbtv.com.

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Contact Information:
Multi-Media Productions USA
Selena Hunter
Tel: 561-988-9449 ext 224
Email us


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Press Release Keywords:

gold

Private Equity, Angel Investing
Equity Alliance / Private Equity, Angel Investing, / IPO, Venture Capital & IR services / Equity Alliance International

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