Mr. Douglas Turnbull reports

ASTUR GOLD FILES LAWSUIT TO CHALLENGE DENIAL OF APPROVAL FOR SALAVE UNDERGROUND MINE

Astur Gold Corp.'s wholly owned subsidiary Exploraciones Mineras del Cantabrico SA (EMC) has filed a lawsuit before the Asturias Superior Court of Justice, challenging the recent resolution of the Ministry of Economy and Employment of the Principality of Asturias, dated Feb. 10, 2015, and published in the Official Bulletin of Asturias (BOPA) on Feb. 18, 2015. The resolution did not grant approval for the proposed underground mine submitted by EMC for its Salave gold project. The initial legal action initiated by EMC seeks to challenge this ruling, and provide Astur Gold and EMC sufficient time to consider their legal options to recover all historical costs that have been incurred at Salave and projected lost profits from the proposed mine operation.

The company's proposed development plan has always recognized the importance of the environmental considerations and regrets that the development of Salave has been halted. However, Astur Gold remains committed to its belief that the project can be developed in a responsible manner using best environmental practices.

The ministry based its decision on a non-binding negative report related to water quality projections by the Cantabrian Hydrographic Confederation (CHC). The CHC's reports on Salave have been repeatedly questioned for their lack of rigour and analysis, not only by the company and specialized independent consultants, but also by the Geological Survey of Spain, which did not find any significant objections to the proposed underground mining project at Salave that could not be remedied with appropriate corrective measures.

Astur Gold's chief executive officer and president Douglas Turnbull stated: "We are extremely disappointed with the Ministry's decision. Astur Gold and EMC have invested considerable financial resources to advance Salave as a modern, environmentally responsible gold mining operation. Our activities to date have resulted in the creation of desperately needed jobs in the region and a positive decision approving a new underground mine has the potential to create future economic opportunities including significant employment and tax revenue for Tapia de Casariego and the Principality of Asturias."

Astur Gold has amended its loan facility agreement with RMB Resources to ensure the company has financing for approved activities moving forward.