Mining in Colombia with Social and Environmental Committments

  • TSX-V: AGD $0.03
  • OTCQX: AGDXF $0.02

News

March 02, 2010
Antioquia Gold Acquires Additional Acreage at its Cisneros Project in Colombia


March 2, 2009, Calgary, Alberta: Antioquia Gold Inc. (TSX-V: AGD) ("AGD") is pleased to announce the acquisition of additional key exploration lands at the company's Cisneros Project in the Department of Antioquia, Colombia.

The acquisition is comprised of a 100% interest in a 104 hectare property named Pacho Luis directly adjacent to AGD's Manuela concession, one of the prime exploration targets at Cisneros. Figure 1 below shows the location of the Pacho Luis property which has a history of artisanal gold mining as does the Manuela concession. The property was purchased from a private individual for cash and common shares of AGD subject to TSX-V approval.

The acquisition is in keeping with AGD's strategy of building on the positive results obtained during the initial 4,000 meter drilling program that were reported in the press release of January 25, 2010 and available on SEDAR or at www.antioquiagoldinc.com

AGD will be participating in PDAC 2010 in Toronto, displaying drill core from the initial program and having members of the geology team present to answer questions at the Core Shack venue on Sunday and Monday, March 7 and 8, 2010 and at the Colombia Pavilion on Tuesday, March 9, 2010.

About Antioquia Gold Inc.

AGD is a mineral exploration company focused on searching for precious metals and other mineral opportunities in Colombia. Its shares are listed on the TSX Venture stock exchange and its principal asset is the Cisneros Project.

Caution regarding forward looking information:

All statements in this press release that are not statements of historical fact are forward-looking statements. Forward-looking statements can be identified by the use of words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import. Forward-looking statements in this press release may include statements about the Company's plans to continue to further define and evaluate mineralized structures. These forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from the future results and achievements expressed or implied in these forward looking statements. These risks and uncertainties include, among other things, competition for qualified personnel and risks that are inherent in the Company's operations, including the risk that the Company may not find any minerals in commercially feasible quantity or raise funds sufficient to prosecute its exploration plans. These and other risks are described in the Company's periodic disclosure documents, which can be viewed at www.SEDAR.com. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made.


For further information on Antioquia Gold Inc., visit our website at www.antioquiagoldinc.com or contact

Rick Thibault, President
Antioquia Gold Inc.
(484) 319-7807
Email: rthibault@antioquiagoldinc.com

Brad Van Den Bussche, VP Expl.
Antioquia Gold Inc.
(403) 606-2728
Email: bvanden@antioquiagoldinc.com

Neither 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 release.

Figure 1 - Cisneros Properties Map
Click to Enlarge