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.