CBJ

CB Gold Inc. (TSX VENTURE:CBJ) ("CB Gold" or the "Company") is pleased to
provide summary drilling results from its Vetas Gold Project, District of
Santander, Colombia ("Vetas Gold Project"), located 10 km south of AUX's La
Bodega, La Mascota and El Gigante deposits. Results from 8 holes include 5
separate intercepts of 5 g/t AuEq or greater.


Real Minera Sheeted Vein Zone Drilling

The Company has received assays from holes 147, 149, 154 and 156, drilled from
Platform 22, located 180m north of Platform 20 and hole 158 drilled from
Platform 26, located 60m south of Platform 20. These latest holes have
intercepted wider zones of mineralization in the sheeted vein structures,
including 14.69m at 1.66 g/t Au and 13.02 g/t Ag (RM-DDH13-147) and 6.10m at
11.6 g/t Au (RM-DDH13-156). These results are consistent with the wide zones of
mineralization intersected in the upper sheeted vein system in other drill holes
from Platforms 22 and 26, and also in drill holes from Platforms 17 and 21.


Real Minera:



----------------------------------------------------------------------------
HoleID          From (m)    To (m) Length (m)  Au (g/t)  Ag (g/t) AuEq (g/t)
----------------------------------------------------------------------------
RM-DDH13-147      170.68    173.48       2.80      2.68      3.61       2.74
and               255.02    258.55       3.53      1.56      3.44       1.62
and               283.33    298.02      14.69      1.66     13.02       1.89
RM-DDH13-149      264.67    268.74       4.07      0.68      1.83       0.71
RM-DDH13-154      117.34    118.51       1.17      2.87     84.50       4.35
and               152.40    161.54       9.14      0.92      2.00       0.96
RM-DDH13-156       75.40     76.85       1.45     16.39      3.20      16.45
and                92.40    100.90       8.50      0.75      1.58       0.78
and               144.15    145.30       1.15      2.51      3.30       2.57
and               213.84    214.88       1.04      1.43      4.40       1.51
and               266.60    272.70       6.10     11.60      1.46      11.63
including         271.52    272.70       1.18     57.10      4.80      57.18
and               295.90    305.70       9.80      0.58      0.94       0.60
and               592.60    595.05       2.45      1.09     10.24       1.27
RM-DDH13-158       76.40     88.55      12.15      2.08      1.10       2.10
including          76.40     77.22       0.82     27.63      5.50      27.73
and               110.52    111.58       1.06      3.98      8.50       4.13
and               162.70    164.16       1.46      1.51     28.50       2.01
and               257.50    265.40       7.90      1.84      5.60       1.94
including         257.50    258.50       1.00     11.61     14.20      11.86
and               307.61    308.25       0.64      9.80     14.60      10.06
                                                                            
All Intervals are reported as drilled thicknesses and are believed to be    
between 70-100% of the true widths of the mineralization. AuEq in this table
and the subsequent tables was calculated using the 12 month trailing average
for Au and Ag through March 1, 2011 (US$1268/oz Au and US$22.28/oz Ag).     
Using ratio of US$Au:US$Ag (56.9), assuming 100% recovery of both metals and
no NSR the AuEq formula is: AuEq = Au g/t + (Ag g/t / 56.9).                



El Dorado-Santa Isabel Vein System Drill Results

Results from holes 148, 151 and 155 from the southern end of the El Dorado
property confirm the continuity of the structures predicted by the existing 3D
model developed in conjunction with SRK. The three reported drill holes are from
an area interpreted to be the extension of the El Dorado structures and the
intercept in hole ED-DDH13-155 is interpreted as the extension at depth of the
mineralised surface structures being located to the South of La Triada Property.
This is the first intercept of this structure at depth showing gold anomalous
values and warrants follow up exploration in future drilling, as the extension
of this structure south of the known high grade veins has potential to add
significantly to the scope of the Vetas Gold Project.


The El Dorado vein system has now been drill defined over 1,000 metres and has
the potential to extend a further 700 metres to the southwest and 300 metres to
the northwest. 




----------------------------------------------------------------------------
HoleID        From (m)    To (m) Length (m)   Au (g/t)   Ag (g/t) AuEq (g/t)
----------------------------------------------------------------------------
ED-DDH13-148    195.07    196.56       1.49       n.a.      55.00       0.97
ED-DDH13-151    482.60    484.16       1.56       n.a.      63.80       1.12
ED-DDH13-155    564.30    579.84      15.54       0.34       0.42       0.35



Results from hole ED-DDH13-153 did not return significant intercepts. Further
details of the drillholes mentioned in the news release can be found at
www.cbgoldinc.com.


Fabio Capponi, CEO of CB Gold commented, "We are very pleased to see how the
drilling programme continues to confirm continuity and high grades and are also
excited about  the new discoveries at depth in the El Dorado system and
interpretation of future potential targets. It is worth stressing that only
three targets distributed on five out of the ten properties forming the Vetas
Gold project have so far been tested."


2013 Exploration Program Update

CB Gold is planning a program of rock saw surface trenching at Real Minera. The
data will be used to add surface data to the drill hole data for the upcoming
resource calculation. All surface trenching will be done with full QA/QC
protocols. The company is also currently undertaking a detailed surface
structural and alteration mapping program at Real Minera to aid SRK's modelling.


Vetas Gold Project - Geochemistry:

All the samples taken by CB Gold at its Vetas Gold Project were prepared by ACME
Labs in Medellin, Colombia and analyzed by ACME Labs in Vancouver, Canada. The
Company has a standard QA/QC program, which includes regular insertion of blank
material, certified reference material and duplicate samples. All reported gold
values were determined from coarse and fine (+/- 200 mesh) metallic screen
fractions of a 1 kg sample, using 50 g fire assay charges from each fraction,
followed by an AA finish, or gravimetric finish for samples grading higher than
10 g/t Au. Silver grades were determined by dissolution of a 30 g sample in aqua
regia with an ICP-MS finish. The QA/QC program has been reviewed by various
independent consultants experienced in QA/QC work.


The scientific and technical information on which this news release has been
based was reviewed and approved by Marius Mare, Vice President Exploration and a
Qualified Person as defined by National Instrument 43-101 - Standards of
Disclosure for Mineral Projects.


About CB Gold Inc.:

CB Gold is a mineral exploration company headquartered in Vancouver, British
Columbia. CB Gold, through its wholly-owned subsidiary, Leyhat Colombia
Sucursal, is actively pursuing the exploration and development of mineral
properties in the Republic of Colombia. The Vetas Gold Project consists of a
number of existing mines (operations currently suspended) and exploration
concessions, and its exploration and development activities are not affected by
the proposed Regional Natural Park Paramo de Santurban.


For more information on CB Gold please visit our web site at www.cbgoldinc.com.

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


The securities of CB Gold described herein have not been and will not be
registered under the United States Securities Act of 1933, as amended (the "U.S.
Securities Act") or any state securities laws and may not be offered or sold
within the United States or to U.S. Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption from such
registration is available.


Some of the statements contained in this release are forward-looking statements,
such as estimates and statements that describe the Company's future plans,
objectives or goals, including words to the effect that the Company or
management expects a stated condition or result to occur. Since forward-looking
statements address future events and conditions, by their very nature, they
involve inherent risks and uncertainties. Actual results in each case could
differ materially from those currently anticipated in such statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
CB Gold Inc.
Fabio Capponi
CEO
+1 (604) 630-5870
info@cbgoldinc.com
www.cbgoldinc.com

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