Antioquia Gold Inc. (AGDXF)

[Multi-Pennys]

AGDXF NEWS!!!

Antioquia Gold Inc. Intersects 22.3 g/t Au Over 3.1m Including 135.6 g/t Au Over 0.5m and Extends the High Grade Gold Mineral...
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Antioquia Gold Inc. ("Antioquia" or "the Company") (TSX
VENTURE:AGD)(OTCQX:AGDXF) is pleased to announce that the Company has extended
the high-grade gold mineralization at the Papi Vein Structure at its Cisneros
Project, Colombia. Drill hole PAP11-007 intersected 22.25 g/t Au over 3.1
metres, including 34.31 g/t Au over 2.0m and also including 135.6 g/t Au over
0.5 metres.


This summer two (2) additional drill holes (PAP11-006 and PAP11-007, amounting
to 442.3 m drilling) were drilled to test the up plunge extension of
mineralization previously encountered in drill holes PAP11-001 through
PAP11-005.The Papi Vein Structure is a north-east striking, steeply dipping vein
structure that has now been confirmed over a strike length of 200 metres and
remains open along strike and to depth. Refer to Figure 1 for location.


Table 1 illustrates the results of the two (2) new drill holes and also lists
Papi Vein results previously released for comparison purposes.




Table 1. Highlights of 2011 Sampling Results for The Papi Vein Structure
----------------------------------------------------------------------------
Drill Hole From To Length Au (g/t) Ag (g/t) Cu %
(m)(ii)
----------------------------------------------------------------------------
PAP11-006 191.5 195.8 4.3 1.33
----------------------------------------------------------------------------
including 193.9 195.8 1.9 2.23
----------------------------------------------------------------------------
PAP11-007 103.5 106.6 3.1 22.25
----------------------------------------------------------------------------
including 104.6 106.6 2.0 34.31
----------------------------------------------------------------------------
including 104.6 105.1 0.5 135.60 67.9 0.85
----------------------------------------------------------------------------
PAP11-001(i) 262.8 267.0 4.2 31.00
----------------------------------------------------------------------------
including 266.5 267.0 0.5 42.35 32.0 1.60
----------------------------------------------------------------------------
PAP11-003(i) 213.95 215.6 1.65 20.14
----------------------------------------------------------------------------
including 214.45 215.1 0.65 51.00 40.0 0.96
----------------------------------------------------------------------------
Note: (i) indicates results from earlier drilling on Papi Vein and results
released in Press Release May 27, 2011.
(ii)intervals reported are drilled thickness and may not represent
true width.



The Papi Vein Structure was discovered during the 2011 drilling program, and is
in addition to the new discoveries at the Chamuela and Soroma structures (refer
to Figure 1) reported in the press release of September 12, 2011. The north-east
strike of 030 degrees for the Papi Vein Structure is consistent with other vein
structures currently being delineated by drilling on the Cisneros Project and
Antioquia Gold is optimistic continued drilling on the Papi Vein Structure will
not only enhance the discovery, but also uncover additional en-echelon vein
structures.


About Antioquia Gold Inc.

Antioquia 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 six exploration targets. On the original
discovery zone it has drilled over 29,000 meters and is well versed in the
understanding of the deposit type and the project's path to resource definition
and production.


To ensure reliable sample results Antioquia has a rigorous QA/QC program in
place that monitors the chain of custody of the samples and includes the
insertion of blanks, preparation duplicates, field duplicates, and certified
reference standards in each batch of samples. Core is photographed and sawed in
half with one half retained in a secured facility for future reference if
needed. Sample preparation (crushing and pulverizing) is performed at either SGS
or ACME laboratories in Medellin, Colombia.


Samples prepared by SGS (Medellin) are direct-shipped to SGS Laboratories in
Lima, Peru or Toronto Canada, both ISO certified laboratories, for analysis.
Samples prepared by ACME (Medellin) are direct shipped to ACME Laboratories in
Vancouver Canada, also an ISO certified laboratory for analysis. Assay for gold
is performed by fire assay with 30g charge and AAS finish, with a gravimetric
finish for over limit samples.


This press release has been prepared under the supervision of Brad Van Den
Bussche, P. Geol., Vice President of Exploration for Antioquia Gold Inc. and a
Qualified Person as defined by National Instrument 43-101.


On behalf of Antioquia Gold,

Richard Thibault, President

For further information on Antioquia Gold Inc., visit our website at
www.antioquiagoldinc.com.


You can also follow Antioquia Gold Inc. on twitter: @AntioquiaAGD

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Forward-Looking Statements: This news release may contain certain
forward-looking information. All statements included herein, other than
statements of historical fact, is forward-looking information and such
information involves various risks and uncertainties. There can be no assurance
that such information will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such information. There
is no certainty that the diamond drilling currently in progress will provide
positive results of mineralization. For any forward-looking information given,
Management has assumed that the results it has received and the interpretation
thereof are reliable, and has applied metallurgical methodologies which are
consistent with industry standards. Although Management has a reasonable basis
for the conclusions drawn, actual results may differ materially from those
currently anticipated in such statements. For such statements, the Corporation
claim safe harbour for future releases. A description of assumptions used to
develop such forward-looking information and a description of risk factors that
may cause actual results to differ materially from forward-looking information
can be found in the Corporation's disclosure documents on the SEDAR website at
www.sedar.com. The Corporation does not undertake to update any forward-looking
information except in accordance with applicable securities laws.


To view the Figure 1 Cisneros Project - Exploration Areas, including Papi,
please visit the following link:
http://media3.marketwire.com/docs/Cisneros915.pdf.