Colombian Mines Corporation (TSX VENTURE:CMJ)(FRANKFURT:X6C) ("Colombian Mines"
or "the Company") is pleased to announce recent reconnaissance sampling has
returned values to 49.8 grams (1.6 troy ounces) gold per tonne, 526 grams (16.9
troy ounces) silver per tonne, and 17.05% copper from the Company's new 100%
owned Mercedes Contract. The highest silver value of 773 grams (24.9 troy
ounces) is associated with the highest copper value of 26.47% copper.


The Company is also pleased to report that the Concession Contract for the 4,995
hectare (12,343 acre) Mercedes property has been issued and registered in the
Colombian Registry of Mines in the name of the Company's wholly owned Colombian
subsidiary. Situated within a prominent gold producing region of Colombia the
property lies near the town of Natagaima, in the Department of Tolima, Colombia.
Accessed by paved road from either Bogota or Medellin to Natagaima, gravel and
dirt roads provide access onto and around the property. The property is not
affected by any environmental reserve, park, and lies well below the
environmental protection zones of the Paramos. 


Mineralization is hosted in a belt of Mesozoic age, volcanic rocks that extend
northward into this part of Colombia from Ecuador that are known to host other
intermediate sulfidation epithermal deposits including Kinross Gold's Fruta del
Norte deposit that according to Kinross's website boasts more than 11 million
ounces of gold and 17 million ounces of silver. Mineralization consists of
brecciated quartz and / or barite with abundant manganese, iron and copper oxide
in outcrop. Alteration, mineralization, gangue minerals and geochemistry
indicate the system is probably an intermediate sulfidation, epithermal system.
Zones of barren ground where high concentrations of naturally occurring minerals
are toxic to plant growth, often referred to as "kill zones" commonly surround
outcropping mineralization at Mercedes and can be important indicators of high
concentrations of metallic elements such as copper and silver that are known to
be toxic to plants.


Reconnaissance sampling consists of both rock chip and hand cut channel samples.
Chip samples are collected either randomly over an outcrop or in a line forming
a "semi-continuous" chip-channel sample. These samples are commonly used for
reconnaissance to quickly evaluate the mineral content and overall potential of
an area, and rely on the geologist's judgment. Channel samples are higher
precision samples, and as reported herein are hand cut channel samples typically
cut 3 - 4 centimeters wide and 2 - 3 centimeters deep with hammer and chisel.
The highest grade gold sample to date is a chip sample assaying 49.8 grams gold
per tonne (g/T Au) that also contained 526 grams silver per tonne (g/T Ag), and
17.05% copper (Cu). The highest grade channel sample, from a different outcrop
area, was a 1.3 meter long channel sample that assayed 28.33 g/T Au, 264 g/T Ag
and 9.76% Cu. The highest silver value of 773 g/T Ag is from chip sample that
also contained the highest copper grade of 26.47% Cu. Due to the reconnaissance
nature of the sampling and limited exposure, samples do not typically form
continuous unbroken sample intervals and additional work will be needed to fully
define the width and extent of mineralization.


These strong initial sampling results clearly indicate high mineral potential
for the Mercedes project, which, in addition to other 100% owned, high grade
projects such as the Company's El Dovio project, build strong fundamental
shareholder value and demonstrate the high quality of the Company's pipeline of
lodged applications in the highly prospective mineral belts of Colombia.
Additional work including rock and soil geochemistry, geological mapping,
trenching and geophysics are planned to better define the nature and extent of
mineralization, improve the exploration model and to develop drill targets in
2013.


Please refer to the Company's website for additional information on Mercedes and
the Company's other major properties in Colombia.


Quality Assurance/Quality Control

The Company's samples are collected in accordance with accepted industry best
practices. Channel samples were hand cut to a nominal width of three to four
centimeters, two to three centimeters deep. After collection, each sample is
double bagged, sealed individually, and delivered to the SGS Laboratories
facility in Medellin, Colombia. Sample analysis is conducted by SGS at its newly
completed Medellin laboratory. The Company maintains rigid QC-QA through
insertion of a series of blanks, duplicates and certified standards at a rate of
1:30 or higher.


Upcoming Events:

Colombian Mines will be exhibiting at the Cambridge Resource Investment
Conference in Vancouver, B.C., January 20 - 21, 2013 in booth 1402. The Company
cordially invites all interested persons to visit us and take advantage of the
opportunity to speak with management. Please contact Sharon Hebgin at
604-649-9195 from Canada, 760-668-7211 from the US or by email at
shebgin@colombianmines.com for additional information.


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


About Colombian Mines Corporation

Colombian Mines Corporation is an aggressive exploration and development stage
company with a distinct "first mover" advantage in Colombia and one of the
largest portfolios of 100% direct owned mineral assets among comparable
companies in Colombia. Focused on developing shareholder value through
exploration and development of key projects, the Company is also one of
Colombia's leading "Prospect Generators" and applies an aggressive business
model of organic growth through exploration while leveraging shareholder value
through strategic alliances. Colombia is widely recognized as a highly
prospective, under-explored country with exceptional mineral potential. Further
information can be found on our website at www.colombianmines.com.


Robert G. Carrington, President & CEO

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
Canada: (604) 649-9195 or United States: (760) 668-7211
shebgin@colombianmines.com


Colombian Mines Corporation
Kim C. Casswell
Corporate Secretary
(604) 669-0868
(604) 688-1157 (FAX)
kcasswell@colombianmines.com
www.colombianmines.com

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