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Press release from CNW Group

Gran Colombia Files National Instrument 43-101 Mineral Resource Estimate Report for its Segovia Operations

Monday, April 16, 2012

Gran Colombia Files National Instrument 43-101 Mineral Resource Estimate Report for its Segovia Operations18:56 EDT Monday, April 16, 2012TORONTO, April 16, 2012 /CNW/ - Gran Colombia Gold Corp. (TSX: GCM) announced today that it has filed a National Instrument 43-101 mineral resource estimate for its Segovia Operations in Colombia, as announced in its news release dated March 5, 2012.  The Technical Report is available on the Company's website at www.grancolombiagold.com and under the Company's profile on SEDAR at www.sedar.com.About Gran Colombia Gold Corp.Gran Colombia is a Canadian-based gold and silver exploration, development and production company with its primary focus in Colombia. Gran Colombia is currently the largest underground gold and silver producer in Colombia with several underground mines in operation at its Segovia and Marmato operations. In addition, Gran Colombia is advancing a project to develop a large-scale, gold and silver mine at its Marmato operations.Additional information on Gran Colombia can be found on its website at www.grancolombiagold.comand by reviewing its profile on SEDAR at www.sedar.com.For further information: Roy MacDonald VP, Investor Relations (416) 360-4653