Colombia Crest Gold Corp. (TSX-V: CLB; Pink Sheets: ECRTF; Frankfurt: EAT) was recently interviewed by the Wall Street Reporter to outline the exciting recent progress of the exploration programs in Colombia and Bolivia. The following link can be accessed for the next 48 hours to listen to this interview.

Hans Rasmussen, President and CEO, was interviewed by Juan Costello, to discuss the goals of the Company and the overall exploration environment in Colombia.

http://www.wallstreetreporter.com/2012/01/colombia-crest-gold-tsx-vclbotcecrtf-ceo-interview/

About Colombia Crest Gold Corp.

Colombia Crest Gold Corp. is focused on systematically exploring, developing and monetizing promising new gold projects in Colombia as well as realizing the potential of its 100 percent-owned San Simón project in Bolivia. The Company employs a team of seasoned geologists, each with 20+ years of experience exploring and discovering porphyry gold deposits around the world, including Argentina, Mexico, Alaska, Indonesia, and Eastern Europe.

Along with a strong working capital position, the Company will accelerate the exploration programs at the Fredonia and Venecia projects where it has optioned over 34,000 hectares (81,600+ acres) located in the Cauca River Valley. Situated approximately 40 km south of the city of Medellín, in Antioquia Department, the projects are positioned within the Middle Cauca Belt, which is the most prolific gold belt in Colombia with more than 500 years of gold-mining history and several recent multi-million ounce gold discoveries.

For more information, please contact:

Dan Fish Manager, Corporate Communications Email: dan@colombiacrestgold.com Tel: 541.613.4710