German Camargo Ponce de Leon is a biologist, urban environmental management specialist and is an expert in restoration of high mountain ecosystems in the Andean region. He is author of several books and articles and has served as a consultant to the UNDP and the European Commission in urban environmental management and risk management. He has held public office positions as Deputy Director of Environmental Planning Bogota, Deputy Director of Development and Environment Ecosystems Bogota, Deputy Director of Information and Planning for the CAR (Corporacion Autonoma Regional de Cundinamarca), Advisor to the Colombian National Parks and the Von Humboldt Institute, Planning Chief of the Municipality of Barrancabermeja. He is a member of the scientific committees of the Cerros of Bogota Foundation and of the Colombian Council for Sustainable Construction.
Fabio Capponi, CEO of CB Gold commented "We are extremely pleased with the results of the study, which in great technical detail, confirms the Company's view that Paramo does not impact the Vetas Gold Project, and also provides the relevant governmental authorities a very useful tool to define the final boundaries of the Paramo in the Vetas area. The conclusion of the study is very closely aligned with the already declared Regional Natural Park Paramo de Saturaban, which as previously announced by the Company, does not affect the development of the Vetas Gold Project".
About CB Gold Inc.:
CB Gold is a mineral exploration company headquartered in Vancouver, British Columbia. CB Gold, through its wholly-owned subsidiary, Leyhat Colombia Sucursal, is actively pursuing the exploration and development of mineral properties in the Republic of Colombia. The Vetas Gold Project consists of a number of existing mines (operations currently suspended) and exploration concessions, and its exploration and development activities are not affected by the proposed Regional Natural Park Paramo de Santurban.
The securities of CB Gold described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
CB Gold Inc.
+1 (604) 630-5870
+1 (604) 630-5871 (FAX)
CB Gold Inc.
V.P. Investor Relations
+1 (416) 847-1845
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