Colombian Mines Corporation announced a recently completed geophysical orientation survey confirms that ground magnetics are highly effective in seeing through the extensive soil cover at the El Dovio gold polymetallic project. The survey was conducted over known mineralization in the Sabana Blanca zone where recent drilling encountered numerous high grade intercepts including 4.90 meters averaging 7.28 grams gold per metric tonne (g/T Au), 11.74 grams silver per metric tonne (g/T Ag) and 1.23% copper (Cu) in hole D13-01A, and 12.4 meters averaging 4.02 g/T Au, 20.23 g/T Ag, and 4.17% Cu in hole D13-02. Ground magnetometry clearly identifies the Sabana Blanca zone and a similar anomaly corresponds with, and extends well beyond the area of known mineralization in the nearby Brazo 1 zone.

Orientation surveys are typically run over known areas of mineralization and alteration to confirm and calibrate the techniques ability to detect the desired mineralization. The company conducted the orientation survey when company geologists observed significant amounts of highly magnetic pyrrhotite associated exclusively with gold-copper-zinc mineralization in the 2013 drilling. As a result of the very successful orientation survey during early 2014, the company will expand the ground magnetometry to cover an area of roughly six (6) square kilometers centered on the Sabana Blanca zone.

These results combined with detailed geologic mapping will be used to guide future drilling of high priority targets identified outside of the Sabana Blanca zone. The company has dispatched surveyors to establish ground control for the survey. The ground magnetics survey will start once sufficient survey control is established.

Within the Sabana Blanca zone, a Phase II drilling program consisting of up to 2,000 meters of core drilling is planned to expand upon the success of Phase I. Phase II drilling is planned to start during the first quarter of 2014 and will focus on testing the Sabana Blanca mineralization along strike and down dip beyond the areas tested in Phase I. The Company has contracted MPX Geophysics to conduct property wide high resolution airborne geophysics consisting of more than 1,900 line kilometers of magnetometry and radiometric surveys of the Mercedes license as a next logical step to follow up on highly successful reconnaissance sampling that has yielded surface results to 50 g/T Au, 773 g/T Ag and 26% Cu. The data acquisition and interpretation is scheduled to be completed and interpreted in early 2014. Stream sediment geochemical surveys followed with more specific soil and rock geochemistry surveys as well as detailed geologic mapping of select target areas will follow.

The company anticipates it will have multiple 'drill ready' targets at Mercedes by late 2014.