Colombia Crest Provides Machacala Project Update

Colombia Crest Gold Corp. ("Colombia Crest"; the "Company") (TSX VENTURE:CLB)
(PINKSHEETS:ECRTF) (FRANKFURT:EAT) wishes to update the news release of August
16, 2013, in which the Company announced the signing of a Letter of Intent with
Affinity Gold Corp. to earn a 30% interest in the Machacala, Peru project.


A US$5,000 down payment was made to Affinity Gold Corp. on September 9, 2013.
Currently, the Company does not possess the necessary funds to meet the terms of
the project, and as a result, a definitive agreement has not been signed and the
transaction has not been submitted to the TSX Venture Exchange ("Exchange") for
review.


The Company plans to revisit the Machacala Project when it has the financial
resources to move forward with it, and would propose to make a filing to the
Exchange at that time.


About Colombia Crest Gold Corp.

Colombia Crest Gold Corp. is a minerals exploration company focused on the
acquisition, development and monetization of project throughout the Americas.


Forward-Looking Statements

This news release contains forward-looking statements, including predictions,
projections and forecasts. In particular, statements in regards to the
completion of and related timing of filing of the Documents are considered
Forward Looking Statements. Forward-looking statements are subject to known and
unknown risks, uncertainties and other factors that may cause the actual
results, level of activity, performance or achievements of Colombia Crest to be
materially different from those expressed or implied by such forward-looking
statements. There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue
reliance on forward-looking statements.


Neither the TSX Venture nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture) accepts responsibility for the
adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Colombia Crest Gold Corp.
Bill Jung
CFO
[e-mail]
www.colombiacrestgold.com