Gran Colombia Gold announces upcoming webcast to discuss second quarter 2012 results

TORONTO, Aug. 8, 2012 /CNW/ - Gran Colombia Gold Corp. (TSX: GCM) will release its financial results for the second quarter of 2012 after market close on Tuesday, August 14, 2012 and will host a conference call and webcast on Wednesday, August 15, 2012 at 9:00 a.m. Eastern Time (8:00 a.m. Bogota time) to discuss the results and provide an operational update.

Webcast and call-in details are as follows:

					Live Event link:			http://www.media-server.com/m/p/4atck4v9
					Toronto & International:			1 [phone]
					North America Toll Free:			1 [phone]
					Colombia Toll Free:			01 800 9 156 924
					Conference ID:			33064686

A replay of the webcast will be available at www.grancolombiagold.com from August 16, 2012 until September 16, 2012.

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. In addition, Gran Colombia is advancing a project to develop a large-scale, gold and silver mine at its Marmato 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.

Cautionary Statement on Forward-Looking Information:

This news release contains "forward-looking information", which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company and its projects. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Gran Colombia to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements contained herein are made as of the date of this press release and Gran Colombia disclaim, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

SOURCE: Gran Colombia Gold Corp.

Roy MacDonald
VP, Investor Relations
[phone]