Welcome to Colombia Crest Gold Corp.
Colombia Crest Gold Corp. (TSXV: CLB; US: ECRTF; Frankfurt: EAT) is focused on systematically exploring, developing and monetizing promising new gold projects in Colombia, specifically the Fredonia and Venecia project areas. The two properties are located 40 km south of the city of Medellín, within the Middle Cauca Belt - the most prolific gold belt in Colombia with over 500 years of gold-mining history. Over the past four years 48+ million ounces of gold have been discovered in the Middle Cauca Belt, making it one of the fastest growing gold belts in the world.
In Colombia, the 6,500 metre Phase 1 drill program has been completed at the two contiguous gold properties: Fredonia and Venecia. Drilling focused on the highest priority drill targets named Arabia 1 and 2 where mineralized outcrop displayed strong indications of a porphyry gold system. Surface results from the Arabia 1 and 2 targets included up to 3.8 grams per tonne gold in rock chip samples and 0.4 grams per tonne gold in soil samples. The Phase 1 drill program successfully intercepted a porphyry gold system and returned typical grades in several sectors; hitting economic gold grades of ˃0.5 g/t gold; including 182 metres of 0.38 g/t Au in drill hole AR12-4. Additional follow up drilling planned in 2013.
Targeted exploration of over 20 identified potential gold systems continues across the 30,973 hectare land package. Specifically targeted in 2013 are the Garrucha and El Retiro areas. Porphyry-style gold systems host very large, bulk tonnage deposits that range from 2 to over 20 million ounces of gold and typically grade from 0.5 to 2.
The Company employs a team of seasoned geologists, each with 20+ years of experience exploring and discovering this type of porphyry deposit around the world, including Argentina, Peru, Ecuador, Mexico, Alaska, Indonesia, and Eastern Europe.