Sept 26 (Reuters) - Columbus Gold Corp CGT.TO
* Columbus Gold enters into formal JV with Nordgold to develop the Montagne D'or gold deposit in French Guiana
* Columbus Gold Corp - Columbus Gold retains a 44.99% interest, and nordgold a 55.01% interest in Compagnie Minière Montagne D'or
* Columbus Gold Corp - Columbus Gold appointed two nominees, and Nordgold appointed three nominees, to five-person board of directors of JV company
* Columbus Gold-under terms of agreement, Nordgold is operator
* Columbus Gold Corp - will not be required to spend at Montagne D'or until such time as board of JV company decides to construct mine