CBJ

CB Gold Inc. (TSX VENTURE: CBJ) ("CB Gold" or the "Company") announces the
commencement of testwork to determine the amenability of the CB Gold Vetas ore
samples to processing via gravity pre-concentration followed by intensive
leaching. 


The scope of this testwork consists of:



--  A cyclic vertical shaft impactor (VSI) amenability test will be
    performed as part of the sample preparation. This will help determine if
    the sample is amenable to crushing with a VSI, which is typically used
    in modular plants;
--  A two stage continuous gravity recovery (CGR) test determines the
    gravity gold recovery that can be achieved followed by flotation of the
    gravity tailing and an intensive leaching test on the combined gravity
    and flotation concentrate. 



The processing testwork will be conducted on 120kg samples selected from the
drill core and available mines at the Vetas Gold Project. The testwork is being
undertaken by Gekko Systems Pty Ltd, Ballarat, Australia and will take
approximately 6-8 weeks to complete. The primary focus of the program is to test
the performance of the ore in a Gekko Systems flowsheet. 


This processing testwork follows on from the results of the preliminary and
further metallurgical testwork on August 19, 2013 and on May 22, 2014,
respectively:


The preliminary results indicated:



--  Strong recoveries of 94.0%+ for traditional gravity concentration and
    cyanide leach;
--  Combined gravity / flotation concentrate recoveries of up to 96.1%;
--  These recoveries for both processes occurred at relatively coarse grind
    sizes of P80 150 to 100 microns;
--  Maximum cyanide leach recoveries occurred in just over 24 hours
    residence; and
--  Excellent recoveries in the gravity circuit of up to 84%.



The results from the 2014 testing indicate:



--  Combined gravity / flotation concentrate recoveries of up to 99.8%;
--  Recoveries of up to 91.4%+ for traditional gravity gold recovery;
--  Strong recoveries occurred at relatively coarse grind sizes of P80 100
    microns;
--  The Vetas samples were not found to be sensitive to grind size with
    respect to metal recoveries;
--  Sulphur concentration was found to be proportional to overall metal
    recovery.



For further details regarding the preliminary and further metallurgical testwork
results please visit our web site at www.cbgoldinc.com.


Fabio Capponi, CEO, commented, "These processing tests represent CB Gold's
additional step towards the future development of its Vetas Gold Project. The
Company will advance with additional testwork as may be required by the
different processing options."


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 previously operating mines and exploration
concessions. 


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: 

For more information on CB Gold 
please visit our web site at www.cbgoldinc.com 
or contact +1 (604) 630-5870, 
or info@cbgoldinc.com

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