Astur Gold Corporation

TSX VENTURE : AST
FRANKFURT : CDC


Astur Gold Corporation

December 04, 2012 05:18 ET

Astur Gold Welcomes Canada's Ambassador to Spain Jon Allen at Salave Gold Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 4, 2012) - Astur Gold Corp. (TSX VENTURE:AST)(FRANKFURT:CDC) ("Astur Gold" or the "Company") is pleased to inform that Canada's Ambassador to Spain Jon Allen and Commercial Counsellor Déric Dubien have visited the Astur Gold office, Town Council in Tapia de Casariego and the Salave gold property on Monday, December 3, 2012. The Mayors and Council members from Tapia and neighboring villages were also present. Their visit included meetings with Astur Gold President & CEO Cary Pinkowski, President of Spanish Operations Francisco Javier Lopez-Cancio, and Salave Project Manager Jose Valdes.

Canada's Ambassador to Spain, Mr. Jon Allen, expressed his appreciation to the elected representatives of the interested communities in the Principality of Asturias for hosting his visit. Ambassador Allen noted that the government of Canada encourages and expects Canadian companies, such as Astur Gold, to meet high standards of corporate social responsibility. This project proposes to make a significant economic contribution to the region in a socially and environmentally sustainable manner.

Cary Pinkowski stated, "We are honored to host Ambassador Allen and Counsellor Dubien in Asturias today. Wider interest in our ongoing work here continues to grow as we achieve important milestones toward the construction of the Salave mine. This project is central to strengthening the economy in Asturias, and we will soon accelerate this project for the benefit of all stakeholders across the region."

ABOUT ASTUR GOLD

Astur Gold is developing its 100% owned Salave Gold Project in Asturias, northern Spain. Salave is one of the largest undeveloped gold deposits in Western Europe. The Company received approval for an underground mine from the Commission for Environmental Affairs of the Principality of Asturias in November 2012. Astur Gold intends to bring Salave into production as soon as possible. The Company is building a partnership with the people of Asturias to generate sustainable economic benefits for the region while balancing the needs of environmental protection and social community development.

ON BEHALF OF THE BOARD

Cary Pinkowski, Chief Executive Officer, President and Director

Mineral resources that are not mineral reserves do not have demonstrated economic viability. This document contains certain forward looking statements which involve known and unknown risks, delays and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or expectation implied by these forward looking statements.

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.

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