CALGARY, ALBERTA--(Marketwire - June 9, 2011) - Antioquia Gold Inc. ("Antioquia") (News - Market indicators) is pleased to announce the appointment of Ernesto Bendezu Flores to its Board of Directors.
Mr. Bendezu is a qualified lawyer in Peru with more than twenty years of mining experience, having worked in both public and private sectors. He is currently Legal Manager for Consorcio Minero Horizonte S.A., a position he has held for more than thirteen years.
Richard Thibault, President and Chief Executive Officer of Antioquia, comments "We are very pleased to have Mr. Bendezu join the Board. His experience in South America will be of great value to us as we move forward."
In connection with the appointment of Mr. Bendezu, Mr. Van Den Bussche has resigned as a director of Antioquia. Mr. Van Den Bussche remains as Vice Exploration of Antioquia. Antioquia extends its gratitude to Mr. Van Den Bussche for his services as a director to the company through the initial growth stage.
Mr. Bendezu has been granted a total of 250,000 common share stock options in connection with his appointment to the Board of Directors. The options are exercisable at $0.40 each and expire in five years. The agreement remains subject to TSX Venture Exchange approval.
About Antioquia Gold Inc.
Antioquia is a precious metal exploration company with projects in Colombia since 2007. Antioquia's principal asset, which is being actively explored, is its Cisneros Project, located 55 kilometres northeast of Medellin in the Department of Antioquia, Colombia. At the Cisneros Project the Company has drilled over 14,000 metres, conducted extensive ground geophysical programs and is well versed in the understanding of the deposit type and the project's path to production. The Cisneros Project consists of 5,630 hectares and forms the nucleus of the company's +37,500 hectare land package located throughout Colombia.
Rick Thibault, President and CEO, is representing Antioquia Gold Inc.
For further information on Antioquia Gold Inc., visit our website at www.antioquiagoldinc.com.
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