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Gran Colombia Gold Files National Instrument 43-101 Technical Report for Its Segovia Project

Jun 05, 2017 (Marketwired via COMTEX) — TORONTO,
ON–(Marketwired – June 05, 2017) – Gran Colombia Gold Corp.
(GCM) announced today that it has filed a technical report on
its Segovia Project in Colombia (the “Technical Report”)
pursuant to National Instrument 43�?�101 – Standards of
Disclosure for Mineral Projects (“NI 43�?�101”). The Technical
Report supports the disclosure made by the Company in its April
19, 2017 news release announcing an update of Segovia’s high
grade mineral resources.

The Technical Report bearing an effective date of March 15,
2017 is entitled: “NI 43-101 Technical Report, Mineral Resource
Estimate, Segovia Project, Colombia” and was prepared by
Benjamin Parsons, MSc, MAusIMM (CP) and Fernando Rodrigues, BS
Mining, MBA, MMSAQP, each of whom is a “qualified person” for
the purposes of NI 43�?�101.

The report is available on the Company’s website at www.grancolombiagold.com and under the Company’s
profile on SEDAR at www.sedar.com.

About Gran Colombia Gold Corp.

Gran Colombia is a Canadian-based gold and silver exploration,
development and production company with its primary focus in
Colombia. Gran Colombia is currently the largest underground
gold and silver producer in Colombia with several underground
mines in operation at its Segovia and Marmato Operations. Gran
Colombia is continuing its expansion and modernization
activities at its high-grade Segovia Operations.

Additional information on Gran Colombia can be found on its
website at www.grancolombiagold.com and by
reviewing its profile on SEDAR at www.sedar.com.

For Further Information, Please Contact: Mike Davies Chief
Financial Officer (416) 360-4653
investorrelations@grancolombiagold.com

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