ANTIOQUIA GOLD INC. : http://www.antioquiagoldinc.com/ : QwikReport
Business of the Company
Antioquia Gold Inc. (TSX.V-AGD, OTCQX-AGDXF, "Antioquia") is a mineral exploration company focused on precious metals and other mineral opportunities in Colombia. Antioquia has been exploring and developing the Cisneros Property since 2007. Cisneros is a high-grade gold deposit with low cost capital expenditures for development and favourable metallurgy. Cisneros is situated within the late Cretaceous (approx. 88.0 Ma) Antioquia Batholith near Medellin, Colombia.
Infinita Prosperidad Minera S.A.C. ("Infinita"), Peru's second largest underground gold producer, entered into a strategic alliance agreement with Antioquia Gold in August, 2010. Since then Infinita has invested more than $17 million in Antioquia Gold Inc. and now holds ~58% of the Company's outstanding shares. Details of the above transactions are available on www.sedar.com