Columbus Exploration Corp.

Columbus Gold and Columbus Silver are pleased to jointly announce they have entered into an option agreement under which Columbus Gold has granted to Columbus Silver an option to acquire its Bolo property located in Nevada, as well as 100% of Columbus Gold's other projects in the United States. In total, approximately 25 properties located in Nevada and Arizona have been optioned by Columbus Gold to Columbus Silver.

Columbus Silver is pleased to announce the satisfaction of the conditions to its option agreement with Santa Fe Gold, under which Santa Fe may earn 100% of the Company's interest in the New Mexico Mogollon Project (the "Property"). The transactions underlying the Agreement are more fully disclosed by Columbus Silver's news release dated September 19, 2012.

Columbus Silver is pleased to announce that it has entered into an option agreement with Santa Fe Gold, under which Santa Fe may earn 100% of the Company's interest in the Mogollon Project located in New Mexico for an aggregate purchase price of US$4,500,000, subject to underlying royalties.

Columbus Silver is disappointed to announce that the proposed acquisition of the Company by Santa Fe Gold has been terminated due to Santa Fe's inability to complete the transaction. Under the Acquisition, Santa Fe had agreed to purchase all of the issued and outstanding common shares of Columbus Silver for $0.20 per share. Columbus Silver and Santa Fe also agreed to use best efforts to complete all of their [...]

Columbus Silver provides an update on the proposed acquisition of the Company by Santa Fe Gold Corporation. Under the definitive agreement governing the Acquisition, the Company and Santa Fe agreed to use best efforts to complete the Acquisition on or before March 31, 2012, with a final deadline of May 31, 2012 (the "Deadline"). Though Columbus Silver has successfully completed all of its obligations to close the [...]

Columbus Silver is pleased to announce that its securityholders have voted overwhelmingly in favour of the proposed acquisition of the Company by Santa Fe Gold Corporation at Columbus Silver's Annual General Meeting of Shareholders and Special Meeting of Securityholders. According to the Scrutineer's Interim Report on the Meeting, 39 shareholders representing 13,624,031 common shares ("Shares") or approximately [...]

Columbus Silver is pleased to announce that Santa Fe Gold has announced it has obtained conditional debt financing to complete its acquisition of Columbus Silver. Santa Fe obtaining such financing was a condition required under the definitive acquisition agreement with Columbus Silver to be satisfied on or before December 31, 2011. Columbus Silver has reviewed Santa Fe's credit agreement and is satisfied with its [...]

Columbus Silveris pleased to announce that Santa Fe Gold has announced it has obtained conditional debt financing to complete its acquisition of Columbus Silver. Santa Fe obtaining such financing was a condition required under the definitive acquisition agreement with Columbus Silver to be satisfied on or before December 31, 2011. Columbus Silver has reviewed Santa Fe's credit agreement and is satisfied with its form [...]

Columbus Silver is pleased to announce that it has entered into definitive agreements governing the proposed plan of arrangement under which Santa Fe Gold has conditionally agreed to acquire all of the common shares of Columbus Silver for CDN$0.20 per share in cash. Under the definitive Acquisition agreement, the parties have agreed to use commercially reasonable efforts to complete the Acquisition on or before March [...]

Columbus Gold announces that Columbus Silver Corp. has provided an update on its proposed merger with Santa Fe Gold. Under this update, Columbus Silver has reported that it has entered into definitive agreements governing the proposed plan of arrangement under which Santa Fe has conditionally agreed to acquire all of the common shares of Columbus Silver for CDN$0.20 per share in cash (the "Acquisition"). Under the [...]