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Linerar Chip Sample Results from Newly Discovered Northeast Tunnels
---------------------------------------------------------------------------- Sample Sample Type Lithology g/t g/t -------------- Au Ag---------------------------------------------------------------------------- MQ-6017 2 metre linear Hydrothermal breccia with oxidized 6.3 8.97 chip quartz-sulphide veins---------------------------------------------------------------------------- MQ-6018 2 metre linear Hydrothermal breccia with oxidized 1.59 4.19 chip quartz-sulphide veins---------------------------------------------------------------------------- MQ-6019 2 metre linear Hydrothermal breccia with oxidized 14.35 11.45 chip quartz-calcite-sulphide veins---------------------------------------------------------------------------- MQ-6020 2 metre linear Hydrothermal breccia with oxidized 1.715 3.03 chip quartz-sulphide veins----------------------------------------------------------------------------
Prior drilling results in La Cumbre established the presence of high-grade mineralization, as evidenced by:
- Drill Hole LC003 grading 43.40 g/t gold over 2.00 meters, 28.00 meters below surface
- Drill Hole LC055 grading 14.70 g/t gold over 2.00 meters, 41.00 meters below surface
- Drill Hole LC038 grading 10.30 g/t gold over 4.00 meters, 65.50 meters below surface
"We are encouraged by recent high-grade exploration discoveries which are defining new high priority drill targets," stated Mr. Rook. "With 60% of the property unexplored, we believe the long-term exploration potential is significant. The goal of these ongoing exploration activities is to determine the potential for higher grade gold vein systems within the Batero concession and associated with the known porphyry systems."
"As a new Director of Batero, I am pleased with the progress to date at the Batero-Quinchia Project," stated Felix Navarro-Grau. "Establishing the La Cumbre deposit as a successful gold mining operation is our primary goal, and we are committed to achieving this goal as soon as possible. I am confident that both the development of La Cumbre's oxide deposit and the continued exploration of the Batero-Quinchia Project will yield significant shareholder value."
From March 3 to 6, 2013, Batero will be exhibiting at the Prospectors and Developers Association of Canada event at the Metro Toronto Convention Centre in Toronto, Canada. Existing and prospective shareholders are encouraged to visit the Company at Booth 3230. On March 5, Darryl Lindsay, Ph.D., P.Geo, Batero's Chief Operating Officer, will be co-chairing a technical session on select Colombian projects. Please visit http://www.baterogold.com/en/investors/events for more details on the Presentation - Jackpot at 8 Ma: Select Mineral Deposits in the Middle Cauca Gold Belt.
Please visit www.baterogold.com for all maps.
Sample Preparation, Assays, and Quality Assurance/Quality Control
Darryl Lindsay, Ph.D., P.Geo., Senior Vice President and Chief Operating Officer at Batero Gold, is the qualified person as defined by National Instrument 43-101 and is responsible for the technical information provided in this release and all future news releases.
