Columbia Metals Corporation Limited (COL)

Columbia Metals Corp. Ltd. (TSX-V: COL) is pleased to report on progress at the Lluvia-Jojoba gold and copper mine project.

"We are now ready to begin commissioning the gold recovery circuit at the Lluvia-Jojoba gold and copper mine project," said Chris Berlet, President and CEO of Columbia Metals.

"Material from the company's Sierra Pinta project will be blended with some 35,000 tonnes of ore from the Lluvia pit and a batch leach test will be conducted. At this time we are operating a single 8 hour crushing shift during daylight hours. We expect to be able to complete the batch leach operation by mid May, and will then proceed to crush and re-leach the existing Lluvia pad material over a period estimated to be between 10 - 14 months. During this time uncrushed pad material will be processed through the site's new crushing system and re-leached. Concurrently Columbia's technology partner, BioteQ Environmental Technologies Inc. (TSX: BQE), will complete commissioning of the SART copper recovery plant," said Mr. Berlet.

"The addition of the SART circuit will materially affect project economics. The recovery of copper in the SART process will increase gross metal value revenue from the Lluvia-Jojoba mine project by 5-15% at current metal prices, while reducing the gold production cost by lowering reagent costs, providing for better management of reagents and by improving the efficiency of gold recoveries in the activated carbon adsorption process. The SART circuit provides for a copper revenue opportunity which was not available to prior operators of this mine," continued Mr. Berlet. "We have been crushing existing leach pad material since early December of last year, and anticipate sending activated carbon offsite in order to receive first gold payment by the middle of May," said Mr. Berlet.

"We are excited about the prospect of re-starting production at the Lluvia-Jojoba mine project and beginning to generate positive cash-flow in an environment of robust gold and copper prices," said Mr. Berlet.

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Columbia Metals Corp Ltd. (TSX-V: COL) is a near term gold and copper producer with its principal production project, the Lluvia-Jojoba gold and copper mine project, located in the State of Sonora, Northern Mexico.

For further information please contact Columbia Metals Corporation Limited at (416) 364-6799.

This Press Release contains certain forward-looking statements relating, but not limited to, the Company operations, anticipated financial performance, business prospects and strategies. Forward-looking information typically contains statements with words such as "anticipate", "believe", "plan" or similar words suggesting future outcomes.

The results or events predicted in these statements may differ materially from actual results or events. By its nature, the Company's forward-looking information involves numerous assumptions, inherent risks and uncertainties, including but not limited to the following factors: changes in business strategies; general global economic and business conditions; the effects of competition and pricing pressures; shifts in market demand; changes in laws and regulation; uncertainties of litigation; labour disputes; timing of completion of capital or maintenance projects, currency and interest rate fluctuations; various event which disrupt operations; and technological changes.

The Company undertakes no obligation to update publicly or otherwise revise forward-looking information, whether as a result of new information, further events or otherwise.