September 11, 2012
Antioquia Gold Reports Additional Positive Drilling Results at Cisneros, Including 31.2 g/t Au Over 1.3 Metres and 16.0 g/t Au Over 3.3 Metres
 
CALGARY, ALBERTA--(Marketwire - Sept. 11, 2012) - Antioquia Gold Inc. ("Antioquia Gold") (TSX VENTURE:AGD) (OTCQX:AGDXF) has received the assays of the last 4 of 13 completed holes from the 5,069 metres of Phase 1 drilling with positive results that continue to reinforce the previously reported significant dimensional increase of the Guayabito deposit to depth and along strike. Gold values from one hole graded 16.0 g/t Au over 3.3 metres, including 53.1 g/t Au over 1.0 metre and 84.0 g/t Au over 0.5 metres; another hole graded 31.2 g/t Au over 1.3 metres including 129.8 g/t Au over 0.3 metres. Highlights of the results for these holes are shown in Table 1 below.

Phase 1 commenced on April 26, 2012 and focused exclusively on the Guayabito deposit and is part of a planned 3-phase 20,000 meter diamond drilling program at its flagship Cisneros Project in Colombia. As reported in the press release of August 8, 2012, the program has resulted in expanding the length of known mineralized structures along strike to approximately 300 metres and has confirmed continuity to a depth of almost 500 metres with all structures remaining open along strike and depth. Also, several new mineralized structures were encountered with encouraging potential gold values. Plan and section views of the previous structures and the 2012 extension are illustrated in Figures 1 and 2 (and also found on the website www.antioquiagoldinc.com).

Table 1 - Highlights Final 4 Holes of Phase 1 Drilling at Guayabito Deposit

----------------------------------------------------------------------------Drill Hole                  From            To   Length (m)(i)      Au (g/t)----------------------------------------------------------------------------GYB12-081                 106.00        107.50            1.50          4.51----------------------------------------------------------------------------GYB12-082                 366.70        368.80            2.10          2.32----------------------------------------------------------------------------GYB12-082                 375.20        378.20            3.10          1.68----------------------------------------------------------------------------including                 375.20        376.70            1.60          3.15----------------------------------------------------------------------------GYB12-082                 395.40        409.10           13.70          3.28----------------------------------------------------------------------------including                 398.50        401.70            3.20          5.37----------------------------------------------------------------------------including                 405.00        409.10            4.10          4.70----------------------------------------------------------------------------GYB12-082                 420.40        421.70            1.30         31.24----------------------------------------------------------------------------including                 420.40        420.70            0.30    129.80(ii)----------------------------------------------------------------------------GYB12-083                 261.00        264.25            3.25         15.99----------------------------------------------------------------------------including                 263.30        264.25            0.95         53.14----------------------------------------------------------------------------including                 263.30        263.80            0.50     84.00(ii)----------------------------------------------------------------------------GYB12-84                  313.15        314.45            1.30          3.22----------------------------------------------------------------------------including                 313.65        313.95            0.30         13.94----------------------------------------------------------------------------Notes:            (i) Intervals reported are drilled thickness and may not                    represent true width.                                                                                                                                   (ii) These samples verified using Gravimetric finish.     ----------------------------------------------------------------------------
 
We refer the reader to the March 21, 2012 and August 8, 2012 News Releases for further background information.

Phase 2, consisting of approximately 5,000 metres of drilling divided equally between the Guaico and Papi/Ivana targets continues at Guaico and has been completed at Papi/Ivana. Laboratory results are pending and the resultant review and interpretation by the geology team will follow.

The regional exploration program continues on the other 90% of the Cisneros property with several of the regional targets identified under exploration. Field work is comprised of geological mapping, prospecting and soil geochemical profiles. The Cisneros property regional exploration program is an integral part of Antioquia Gold's future as it is designed to confirm the potential and the existence of multiple gold deposits on the Cisneros property.