TICKER: TSX.V:AGD
DESCRIPTION: Antioquia was founded by individuals with extensive experience in Colombia, and has grown through the addition of experienced professionals with proven success records. All of the company's mineral exploration activities are in Colombia; and, since its creation through a reverse takeover on July 30, 2008, the company has raised significant capital to fund activities, assembled an impressive land position, hired trained and educated staff, identified exploration prospects, conducted extensive exploration to date and proven the presence of gold in those prospects, thus creating firm roots and a strong presence in the Colombian mining scene.
The information provided below is based on the most recent information we have received from analysts, newsletters and other contributors to Streetwise Reports' The Gold Report or The Energy Report. We encourage you to visit the company's web site and call the company for more specifics on this company before you decide to invest.
"Antioquia Gold is continuing to execute its gold exploration strategy in Colombia, and last week announced a strategic relationship with Desafio Minero S.A.C. of Peru. We think this is very positive. It is a sign of a company setting the stage for its future and making the choices necessary to create value over the long term.
This deal is a vote of confidence in Antioquia's management and properties. This South American mining group clearly sees the value in trading their expertise to increase their market share in what could prove to be a high-grade Colombian gold resource. . .I'm of the opinion that during the evolution of any junior, they face the choice between taking dilution in the stock (shares) or taking it in the ground (through a JV, for instance). Antioquia has replenished their balance sheet without undue dilution but is now allied with the powerful know-how of a current gold producer in Peru. This is a small price to pay for liquidity and added regional geologic expertise."
The Gold Report Interview with James West (08/13/10)
"Antioquia is in Colombia. The size of some of the deposits there are simply huge. When I first visited the property last year, we were talking about only a 19-square-mile land package on which there was something like 90 artisanal operations actually ongoing or recently closed. . .They got 4.4m of 16 grams gold and 11m of 5.4 grams. If it wasn't in Colombia, the stock would've probably held on a lot better. Antioquia has a lot of drilling coming up. At the current price, I just can't see why you wouldn't pick up Antioquia and hold it. They are going to continue drilling, and they've got a bigger set of targets now than they had then."
View Entire Article: James West: Financial System Headed South
eResearch (08/13/10)
"Antioquia has published assay results from the Guayabito prospect at the company's Cisneros project in Colombia Drilling has continued to validate the model and structural interpretation provided by geologist Robert (Bob) Casaceli, who has been retained by Antioquia as a geologist/advisor. At the time of our June 16, 2010 Perspective, the company completed only one hole. Up to the date of this Perspective, the company has completed 17 holes in its 2010 drill program at Guayabito. The results show good grades but the intercepts are narrow (only 1m and 0.30m), but show progress in delineating a prospective deposit. Guayabito is the second major area of focus for Antioquia. The results from the 11 holes on Guayabito further support the presence of high-grade gold values in the targeted area."
Mark Weaver, Jay Taylor's Watch List (08/10/10)
"Desafio Minero, the exploration arm of Peruvian gold producer Consorcio Minero Horizonte, has offered Antioquia Gold a strategic partnership. . .Desafio offered $3.23M for a 19.9% stake in AGD. Should Antioquia consider an equity issue, Desafio is obligated to bring more capital to the table in order to protect its ownership interest. . .Felix Navarro-Grau Hurtado, board director of Desafio, commented: 'Antioquia's Cisneros property potentially hosts a deposit that. . .could be characterized as high-grade, narrow veins with large horizontal and vertical extents. The respective management and technical teams at Horizonte and Antioquia will complement each other very well, and our financial capacity and experience. . .will help expedite the advancement of their projects."
James West, Midas Letter
(07/29/10)
"Antioquia's ongoing successes. . .might be an opportunity for astute (and risk tolerant) investors. . .From the most recent press release, excellent grades were intercepted. Highlights include 4.4m at 16.6 g/t gold, including 1.0m at 61.8 g/t gold from Guaico; 11.2m at 5.4 g/t gold, including 1.6m at 16.7 g/t gold from Nus; and at Guayabito, 37.2m at 4.5 g/t gold, including, 7.25m at 9.27 g/t gold and 1.1m at 40 g/t gold
The company acquired 31,983 ha of prime exploration lands. . .[and] is just closing a private placement to complete the rest of the 2010 field season. All this adds up to a pretty attractive package. . .at current price levels, the chance of an exponential win is inherently greater."
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