Antioquia Gold Inc.
TSX VENTURE : AGD
OTCQX : AGDXF

Antioquia Gold Inc.

July 18, 2012 17:51 ET

Antioquia Gold Appoints New Director

CALGARY, ALBERTA--(Marketwire - July 18, 2012) - Antioquia Gold Inc. ("Antioquia Gold" or "the Company") (TSX VENTURE:AGD) (OTCQX:AGDXF) is pleased to announce the appointment of Pere A. Hernandez to its Board of Directors ("the Board").

Mr. Hernandez is a P. Geol. in Peru with more than thirty-two years of mining experience, much of it in gold exploration and exploitation. He is currently Corporate Exploration Manager for Consorcio Minero Horizonte S.A., a position he has held for more than four years. Prior to that, he held the position of Exploration Manager with other Peruvian based mining companies. Richard Thibault, President and Chief Executive Officer of Antioquia Gold, comments "We are very pleased to have Mr. Hernandez join the Board. His experience in South America and gold mining will be of great value to us as we move forward."

In connection with the appointment of Mr. Hernandez, Mr. R. Brian Murray has stepped down as a director. Mr. Murray will remain as a financial advisor to the Company as we proceed to the next phase of growth. The Board and Management extend their gratitude to Mr. Murray for his services as a director to the Company through the initial growth stage.

Furthermore, Mr. Felix Navarro-Grau Hurtado will replace Mr. James H. Decker as Chairman of the Board. Mr. Decker will remain as a director.

About Antioquia Gold Inc.

Antioquia Gold has been exploring for precious metals in Colombia since 2007. The Company has a land package of close to 40,000 hectares located throughout Colombia. Antioquia's principal asset, which is being actively explored, is its 5,630 hectare Cisneros Project, located 55 kilometers northeast of Medellin in the Department of Antioquia, Colombia. At the Cisneros Project the Company has conducted extensive geochemical and geophysical programs over the entire property and has identified to date five exploration zones, including the original discovery zone that is in the advanced stages of exploration. On the original discovery zone it has drilled over 35,000 meters and is well versed in the understanding of the deposit type and the project's path to resource definition and production.

On behalf of Antioquia Gold Inc.

Richard Thibault, President & CEO

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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.

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