Gran Colombia Gold Corporation - (GCM)

[Tommy]

Gran Colombia Gold announces a new mineral resource estimate at its Carla Mine

Apr 15, 2012

TORONTO, April 15, 2012 /CNW/ - Gran Colombia Gold Corp. (TSX: GCM, GCM.WT, GCM.NT.U) is pleased to report a new Mineral Resource estimate for its Carla Mine in Colombia prepared by SRK Consulting (UK) Ltd.

Carla Mine: 59,000 ounces of gold in the Indicated category (0.25 Mt at a grade of 7.5 g/t) and an additional 54,000 ounces of gold in the Inferred category (0.34 Mt at a grade of 4.9 g/t) at a cut-off grade of 3.0 g/t gold.

Total Segovia Operations (inclusive of Carla Mine): 292,000 ounces of gold in the Measured and Indicated category (0.75 Mt at a grade of 12.1 g/t) and an additional 1,138,000 ounces of gold in the Inferred category (2.60 Mt at a grade of 9.9 g/t) at a cut-off grade of 3.0 g/t gold.

http://www.grancolombiagold.com/Newsroom/News-Releases/News-Releases-Page/News-Releases-Details/2012/Gran-Colombia-Gold-announces-a-new-mineral-resource-estimate-at-its-Carla-Mine1129008/default.aspx