VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 10, 2011) - Colombian Mines Corporation (TSX VENTURE:CMJ) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless an exemption from such registration is available.

Colombian Mines Corporation (TSX VENTURE:CMJ) ("Colombian Mines" or "the Company") is pleased to announce that pursuant to the Company's Stock Option Plan, 655,000 incentive stock options exercisable at a price of $0.55 per share for a period of three years have been granted to certain officers and directors of the Company.

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.

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

Contact Information:

Colombian Mines Corporation
Nathan A. Tewalt
CEO
(604) 669-0868 (Vancouver)

Colombian Mines Corporation
Robert G. Carrington
Pres.
(604) 669-0868 (Vancouver)

Colombian Mines Corporation
Sharon Hebgin
Corporate Communications
(604) 649-9195

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