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Colombia Crest Gold Issues Correction to Sampling Data

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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 26, 2012) - Colombia Crest Gold Corp. ("Colombia Crest"; the "Company") (TSX VENTURE:CLB)(PINKSHEETS: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 Bolanos, 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 Simon 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 Medellin, 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.

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.

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

FOR FURTHER INFORMATION PLEASE CONTACT:
Colombia Crest Gold Corp.
Hans Rasmussen
President and CEO
Office: 604-684-7160
hans@colombiacrestgold.com


Colombia Crest Gold Corp.
Dan Fish
Manager, Corporate Communications
Direct: 1-888-228-4305
dan@colombiacrestgold.com
www.ColombiaCrestGold.com

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