|By Marketwired .||
|December 11, 2013 01:04 PM EST||
CALGARY, ALBERTA -- (Marketwired) -- 12/11/13 -- Antioquia Gold Inc. ('Antioquia Gold" or the "Company") (TSX VENTURE: AGD)(OTCQX: AGDXF) announces the resignation of Mr. Felix Navarro-Grau and the appointment of Mr. Felipe Ferraro to its Board of Directors. Mr. Ferraro is currently the general manager for Cori Puno SAC ("Cori Puno"), a mining and exploration company started in 2004 which operates the Untuca open-pit and underground mine in Peru with an annual production of 30,000 ounces of gold in 2012. Cori Puno is also owned by the principal stakeholders of Consorcio Minero Horizonte, the second-largest underground gold mining company in Peru and the fifth largest gold producer in all of Peru, with a production of over 200,000 ounces of gold in 2012. Mr. Ferraro holds a master's degree in business administration from the University ESAN-Stanford University and has extensive experience in a variety of industries, including mining, enterprise, metal-working, heavy equipment. Mr. Ferraro is also a director of another TSXV-listed issuer.
Mr. Fernando Jaramillo, the President and Chief Executive Officer of Antioquia Gold comments: "We are very pleased to have Mr. Ferraro join the company's Board and are confident that his experience and expertise in the mining industry will help the company as it moves forward to its next stage of development on our principal Cisneros project. I would also like to thank Mr. Felix Navarro-Grau on behalf of the other members of the Board. Mr. Felix Navarro-Grau has been instrumental in the development of the company and we wish him every success in his future endeavors."
About Antioquia Gold Inc.
Antioquia Gold has been exploring for precious metals in Colombia since 2007 where its current holdings are 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 km 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 eleven (11) exploration z ones. On the original discovery zone it has drilled over 45,000 metres and is well versed in the understanding of the deposit type and the project's path to resource definition and production.
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.