Colombia Crest Gold Corp. announced that Mr. Walter Lienhard has been appointed CEO, on an interim basis, to replace Mr. Hans Rasmussen. Mr. Lienhard has over 25 years of international exploration experience working with a major mining company and junior exploration companies.

Mr. Lienhard joined the company in 2007 as Vice-President of Exploration and New Business Development. Mr. Michael Ginn has been appointed a director for the company. Mr. Ginn is a businessman who has owned successful telecommunications companies in Vancouver, BC, Canada and Hong Kong.