CALGARY, ALBERTA — (Marketwire) — 07/22/11 — Antioquia Gold Inc. (TSX VENTURE: AGD) (the „Company“) is pleased to announce that significant advances are being made on the Cisneros Project to advance toward its production goal.
„These are exciting times at Antioquia as the Team-s hard work is coming together,“ commented Rick Thibault, President and CEO. „Our challenge is to make a transition at Cisneros from an exploration play to a gold producer in the shortest time frame possible in order to take advantage of these record high gold prices. The future is bright.“
More detail of the advances discussed above can be found on the Antioquia Gold website .
About Antioquia Gold Inc.
Antioquia is a precious metal exploration company with projects in Colombia since 2007. Antioquia-s principal asset, which is being actively explored, is its Cisneros Project, located 55 kilometres northeast of Medellin in the Department of Antioquia, Colombia. At the Cisneros Project the Company has drilled over 25,000 metres, conducted extensive ground geophysical and geochemical programs and is well versed in the understanding of the deposit type and the project-s path to production. The Cisneros Project consists of 5,630 hectares and forms the nucleus of the company-s +37,500 hectare land package located throughout Colombia.
For further information on Antioquia Gold Inc., visit our website at .
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Forward-Looking Statements: This press release may contain forward-looking statements. In particular, this press release contains forward-looking statements relating to the timing of completion of the geophysical survey. In particular, this press release contains statements with respect to the Company-s plan to commission a National Instrument 43-101 compliant technical report, and the Company-s other planned activities. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Antioquia Gold Inc. to be materially different from actual future results and achievements expressed or implied by such forward-looking statements. Actual results can differ materially from those anticipated by management at the time of writing due to many factors, the majority of which are beyond the control of Antioquia Gold Inc. and its management. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. Except as required by law, Antioquia undertakes no obligation to publicly update or revise any forward-looking statements.
To view „Figure 1: Cisneros Project – Regional Exploration Targets,“ please visit the following link:
Neither the 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.
Contacts: Antioquia Gold Inc. Rick Thibault President 403-457-GOLD
CHF Investor Relations Juliet Heading Account Manager 416-868-1079 x239
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