Colombian Mines Corporation (TSX VENTURE:CMJ)(FRANKFURT:X6C) ("Colombian Mines"
or the "Company") is pleased to announce that drill hole 1360-01 intersected a
high grade mineralized interval averaging 13.01 grams of gold per metric tonne
(g/T Au), 24.60 grams silver per metric tonne (g/T Ag), 7.10.% copper (Cu) and
1.70% zinc (Zn) with  a combined gold equivalent grade (g/T AuEq) of 25.85 grams
per metric tonne within a larger 31.8 meter interval averaging 2.75 g/T AuEq.
Table 1 below, summarizes salient intercepts in hole 1360-01. 


Table 1. Summary Drill Intercepts Sabana Blanca Creek Outcrop Area 



----------------------------------------------------------------------------
----------------------------------------------------------------------------
                                Intercept                                   
Hole               From    To     Length     Au     Ag     Cu     Zn   AuEq 
                    (m)    (m)        (m)    g/T    g/T      %      %  (g/T)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
1360-01               0   31.8       31.8   1.56   4.22   0.59   0.32   2.75
----------------------------------------------------------------------------
including             0   18.4       18.4   2.25   6.03   1.01   0.46   4.23
----------------------------------------------------------------------------
including           4.3    9.5        5.2   4.39   7.01   1.67   0.56   7.51
----------------------------------------------------------------------------
including           4.3    5.3        1.0  13.01  24.60   7.10   1.70  25.85
----------------------------------------------------------------------------
----------------------------------------------------------------------------
(i)Note: Gold Equivalent values were calculated using the following, Gold   
$40.99 / gram, Silver $0.63 / gram, Copper $3.04 / pound, Zinc $0.96 / pound
and full recovery of the metal value.                                       



Discussion and Results

Hole 1360-01 is the first hole drilled from the Sabana Blanca Adit and
intersected disseminated, semi-massive and massive mineralization comprised of
chalcopyrite, sphalerite, pyrite and pyrrhotite as disseminated to massive
sulfide zones in a gangue of multi-phased crystalline quartz hosted by the same
metamorphosed volcanic rocks known to host the Sabana Blanca Zone elsewhere.


Hole 1360-01 provided an excellent test of a portion of the mineralized zone and
corresponds very well with the Company's underground channel sampling, but did
not cross the entire mineralized zone due to limitations of underground access
at this point. As discussed in the Company's previous release, drilling from the
1360 meter level, the Sabana Blanca Adit elevation, provides access to drill
test high grade targets the Company has not been able to test with surface based
drilling.


These highly successful results confirm the value of drilling from the Sabana
Blanca Adit and the Company looks forward to completing additional holes from
the adit in the near future.


Notes and Comments

All drill intercepts reported herein are drilled intercept length. Insufficient
drilling has been done in this drill area to reasonably determine the geometry
and estimate true width of the above intercepts. 


Gold equivalency calculations are included to more clearly present the
approximate value of the high grade polymetallic mineralization at El Dovio and
assume; 100% recovery, metal prices of Gold; $1275.00 per troy ounce ($40.99 /
gram), Silver; $19.75 per troy ounce ($0.63 / gram), Copper; $3.04 / pound and
Zinc; $0.96 / pound. One troy ounce contains approximately 31.1 grams and one
percent equals approximately 22 pounds per metric tonne.


About El Dovio: The Company's 100% owned El Dovio project covers gold rich, high
grade poly metallic mineralization where the Company owns 100% of both the
surface and mineral rights covering the entire zone of mineralization and
surrounding areas. Outcropping mineralization and drilling to date indicate the
main Sabana Blanca zone is a feeder or "stringer zone" that may have a strike
length of one (1) kilometer or more that is beneath a sedimentary horizon highly
prospective for the development of Volcanogenic Massive Sulfide ("VMS") type
deposits. Recent drilling in the Brazo 1 zone intersected bedded sulfide
mineralization indicative of a VMS horizon that is interpreted to overlie the
Sabana Blanca zone.


Preliminary metallurgical flotation studies on material from the Sabana Blanca
adit resulted in recoveries of 96.4% of the contained gold, 97.8% of copper,
91.1% of silver and 96.8% of zinc from a bulk sample with a calculated head
grade of 5.3 g/T Au, 4.7 grams g/T Ag, 0.86% Cu and 1.12% Zn as announced in the
Company's press release dated April 24, 2012 reported.


Sample Collection - Quality Control - Quality Assurance

The Company's samples are collected in accordance with accepted industry best
practices. Core is transported from the site to the Company's core facility in
Medellin, Colombia by Company personnel. After being logged, photographed,
diamond saw cut and sampled, samples are delivered the SGS's Medellin laboratory
for preparation and analyses, (ISO9001:2000). Gold is analyzed by fire assay
with an ICP/AES finish. Silver and base metal analyses were determined with
ICP/AES techniques. The Company maintains and continuously monitors its rigid
QC-QA through insertion of a series of blank, duplicate, certified standard
samples at a rate of 1:30 or higher into the sample stream. 


Mr. Robert G. Carrington, P.Geo., a Qualified Person as defined by National
Instrument 43-101 and President of the Company, has reviewed and verified the
technical information in this news release.


About Colombian Mines Corporation: Colombian Mines Corporation is an aggressive
exploration and development stage company and a "first mover" in Colombia.
Developing shareholder value through exploration and development of key
projects, the Company is also one of Colombia's leading "prospect generators".
Additional information is available on our website at www.colombianmines.com.


Robert G. Carrington

President & CEO

Neither the TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or accuracy of
this release.


Forward-Looking Statement:

Some of the statements in this news release contain forward-looking information
that involves inherent risk and uncertainty affecting the business of Colombian
Mines Corporation. Actual results may differ materially from those currently
anticipated in such statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Colombian Mines Corporation
Sharon Hebgin
Corporate Communications
(604) 649-9195 - Canada, (760) 668-7211 - United States
shebgin@colombianmines.com


Colombian Mines Corporation
Dave Cross
Chief Financial Officer and Corporate Secretary
(604) 669-0868
dcross@crossdavis.com
www.colombianmines.com

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