Mr. Jim Decker reports

ANTIOQUIA ANNOUNCES START-UP AT CISNEROS WITH INITIATION OF GUAICO TUNNEL AND CIVIL WORKS, ACQUISITION OF KEY MINING CONCESSIONS CONTIGUOUS WITH GUAYABITO PROPERTY

Construction will begin on Oct. 14, 2015, at Antioquia Gold Inc.'s Cisneros project. On Oct. 6, 2015, the company entered into an agreement with Consorcio Guaico, a consortium of respected Colombian contractors Mincivil SA, Estyma SA and Latinco SA. The agreement calls for Consorcio Guaico to carry out civil works and mining activities in the permitted Guaico sector of the Cisneros project, including a tunnel portal for ore extraction. The work is scheduled for completion on or before Feb. 5, 2016; the value of the contract is approximately $1.5-million.

Antioquia also wishes to announce that it has finalized an agreement with Gramalote Colombia Ltd. to acquire two key mining concessions totalling 163.94 hectares contiguous with its Guayabito property. The terms of the agreement calls for a cash payment of $140,000 (U.S.) plus a 1.75-per-cent net smelter royalty (NSR) on any minerals produced from the concessions. Gramalote is the operating company of a joint venture between B2Gold and AngloGold.

This strategic acquisition essentially fills in previous gaps between the company's Guayabito, Santo Domingo, La Manuela, Pacho Luis and Guaico properties, and will allow for optimized mine development at Guayabito. Gramalote has already delivered to Antioquia all technical information from its exploration activities on the concessions.

Jim Decker, PEng, executive vice-president and director of Antioquia Gold, and a qualified person as defined by National Instrument 43-101, has reviewed the contents of this news release.

We seek Safe Harbor.