Astur Gold Corp.
ASTUR GOLD SECURES NEW MINING RIGHTS EXTENDING SALAVE CONCESSIONS
Astur Gold Corp. / Key word(s): Miscellaneous 23.05.2012 / 12:00 --------------------------------------------------------------------- Vancouver, BC - Astur Gold Corp. (TSX-V: AST, Frankfurt: CDC) ('Astur Gold' or the 'Company')announces the Mining Department of Asturias has granted its wholly owned Spanish subsidiary Exploraciones Mineras del Cantábrico S.A ('EMC') an area of approximately 253 hectares extending its Salave concessions referred to as 'Demasia'. 'These new mining rights are important for Astur Gold's activities, including our portal and exploration decline. We now have access through this contiguous area, including surface rights previously secured,' commented President and CEO Cary Pinkowski. Please reference www.asturgold.com for a current map of Astur Gold's mining concessions. ABOUT ASTUR GOLD Astur Gold is developing its 100% owned Salave Gold Project in Asturias, northern Spain comprising 3,198 hectares. Salave is one of the largest undeveloped gold deposits in Western Europe. The Company submitted an application for an underground mine permit to the government of Asturias in September 2011. Astur Gold is currently conducting underground mine planning and an Environmental Impact Assessment. The Company is building a partnership with the people of Asturias to generate sustainable economic benefits for the region while balancing the needs of environmental protection and social community development. ON BEHALF OF THE BOARD Signed 'Cary Pinkowski' Cary Pinkowski, Chief Executive Officer and Director FOR FURTHER INFORMATION PLEASE CONTACT: Vadim Dubchak #300-1055 West Hastings Street, Vancouver, B.C., V6E 2E9 Tel: +1 604-694-1600 Fax: +1 604-694-1663 info@asturgold.com www.asturgold.com Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Mineral resources that are not mineral reserves do not have demonstrated economic viability. This document contains certain forward looking statements which involve known and unknown risks, delays and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or expectation implied by these forward looking statements. End of Corporate News --------------------------------------------------------------------- 23.05.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 171050 23.05.2012
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