Antioquia Gold Inc. ("Antioquia Gold" or the "Company") (TSX
VENTURE:AGD)(OTCQX:AGDXF) is pleased to announce all final drill hole results
have been received thus completing the 2012 Drilling Program at its flagship
Cisneros Project in Colombia. The Company is currently compiling, interpreting
and modeling the results of the program to be used in the preparation of an NI
43-101 compliant resource report and an accompanying Preliminary Economic
Assessment ("PEA"). It is anticipated that both reports will be released in the
first part of 2013.


2012 Drilling Highlights:



--  Drilling at the Guaico deposit extended high grade mineralization to a
    vertical depth of 400 metres. 
--  Drilling at the Guayabito deposit successfully extended the strike
    length an additional 150 metres to the north and to a vertical depth of
    500 metres. 
--  Both deposits consist of multiple en-echelon vein systems and both
    deposits remain open along strike and to depth. 
--  In all, forty-six (46) holes were completed amounting to 13,111 metres
    of drilling, including ten (10) drill holes (2.434 m) at the Papi /
    Ivana prospect. 



Guaico Deposit Final Results:

Drill hole GCO12-036 intersected 8.7 metres of 8.2 g/t Au including 2.6 metres
of 26.9 g/t Au and has confirmed high-grade gold mineralization at Guaico to a
vertical depth of 400 metres. This mineralization is seventy (70) metres
vertically below previously announced drill result from drill hole GCO12-029
which included 6.6 metres of 10.2 g/t Au including 1.8 metres of 33.2 g/t Au
(See Press Release dated September 27, 2012). The mineralization defined above
is a new discovery made in 2012 and confirms additional mineralized en-echelon
vein systems occurring in the footwall and at depth relative to the original
Guaico discovery. Highlights of drill results for the final five (5) drill holes
drilled at Guaico in 2012 can be found in Table 1 below. The 2012 drill hole
locations are illustrated in Figure 1 and a Section view illustrating results of
drill hole GCO12-036 and previously released GCO12-029 (Figure 2) are attached
and can be found on the company's website; link to www.antioquiagoldinc.com. 


Table-1 Highlights of Final Drill Hole Results; Guaico Deposit 



Drill Hole                 From             To  Length (m)(i)       Au (g/t)
GCO12-033                  69.5           70.8            1.3            2.5
GCO12-033                 164.5          166.0            1.5            5.8
GCO12-035                  85.5           86.8            1.3            2.6
GCO12-035                 121.9          126.5            4.6            1.1
  including               125.5          126.5            1.0            3.4
GCO12-036                 259.2          260.7            1.5            2.9
GCO12-036                 390.2          398.9            8.7            8.2
  including               395.5          398.1            2.6           27.0
GCO12-036                 525.5          527.0            1.5            1.7
Note: (i) Intervals reported are drilled thickness and may not represent    
true width.                                                                 
Drill holes GCO12-032 and GCO12-034 intersected the intended alteration     
envelopes but did not intersect significant mineralization.                 



Guayabito Deposit Final Results:

The final four (4) drill holes at Guayabito were designed to extend the
Guayabito deposit further to the north along strike and to depth. All four (4)
drill holes intersected the intended mineralization. Drill hole GYB12-086
intersected 6.2 metres of 6.3 g/t Au including 2.5 metres of 15.0 g/t Au.
Results of the final four drill holes at Guayabito confirm the deposit extends
to the north and to depth and remains open further along strike to the north and
to depth. Highlights of the final four drill holes at Guayabito are listed in
Table 2 below and all 2012 drill hole locations are illustrated in Figure 3.


Table-2 Highlights of Final Drill Hole Results; Guayabito Deposit 



Drill Hole                 From             To  Length (m)(i)       Au (g/t)
GYB12-085                  99.3          100.4            1.1            4.4
GYB12-085                 238.6          240.1            1.5            6.9
GYB12-086                 180.8          187.0            6.2            6.3
  including               180.8          183.3            2.5           15.0
GYB12-086                 196.4          198.2            1.8            6.9
GYB12-087                 125.4          127.3            1.9            2.2
GYB12-088                 289.0          296.8            7.8            3.9
  including               289.0          292.3            3.3            9.0
Note: (i) Intervals reported are drilled thickness and may not represent    
true width.                                                                 



"The 2012 drilling program at Cisneros has been very successful" comments Rick
Thibault, President and CEO; "We have greatly increased our knowledge base of
the Guayabito and Guaico deposits and are extremely encouraged with the
improving grade with depth at Guaico. We have been able to significantly
increase the overall size of these deposits through effective drilling along
strike and to depth". 


About Antioquia Gold Inc. 

Antioquia Gold has been exploring for precious metals in Colombia since 2007 and
has accumulated a land package of close to 40,000 hectares located throughout
Colombia. Antioquia Gold's principal asset, which is being actively explored, is
its 5,630 hectare Cisneros Project, located 55 kilometres 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 zones. On the
original discovery zone it has drilled over 43,000 metres 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 Gold 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 ACME
laboratories in Medellin, Colombia. Samples prepared by ACME (Medellin) are
direct shipped to ACME Laboratories in Vancouver Canada, an ISO certified
laboratory for analysis. Assay for gold (36 elements) is performed initially by
1Dx30g Agua Regia Digestion. Au values greater than 100,000 ppb are
automatically checked by Gravimetric finish and Antioquia Gold further checks
all assay values greater than or equal to 10,000 ppb by Metallic Assay.
Furthermore, as part of the QA/QC program, Antioquia Gold has sent to SGS
laboratory in Medellin Colombia batches of pulp samples for check Fire Assay's. 


This press release has been prepared under the supervision of Ian Fraser, P.
Geol., Chief Geologist for Antioquia Gold Inc. and a Qualified Person as defined
by National Instrument 43-101.


On behalf of Antioquia Gold Inc. 

Richard Thibault, President & CEO

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

To receive Company news by email, contact info@antioquiagoldinc.com and mention
"Antioquia Gold" news in the subject line.


Forward-Looking Statements: 

This news release contains certain forward-looking statements, including any
plans regarding the preparation and timing of a National Instrument 43-101
compliant resource report and accompanying PEA. Forward-looking statements are
based on management's current assumptions and are subject to risks and
uncertainties. There can be no assurance that any forward-looking statement will
prove to be accurate, and actual results and future events could differ
materially from those anticipated in such information due to a number of factors
beyond the Company's control. These assumptions, risks and uncertainties
include, among other things, management's assumptions about government
permitting, equipment procurement and the availability of the necessary
consultants and capital, as well as the risks of delay in any of these
activities and the risks inherent in Antioquia Gold's operations, including the
risks that the Company may not find any minerals in commercially feasible
quantity or raise enough money to continue to fund its exploration plans. These
and other risks are described in the Company's public disclosure documents filed
on the SEDAR website maintained by the Canadian Securities Administrators. The
Company does not undertake to update any forward-looking information except as
may be required by applicable securities laws. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Antioquia Gold Inc.
Investor Relations Manager
403-457-4653
info@antioquiagoldinc.com
www.antioquiagoldinc.com


CHF Investor Relations
Juliet Heading
Senior Account Manager
416-868-1079 ext 239
juliet@chfir.com

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