NEWS LOOKS GREAT! BUY AND GAP UP AT THE OPEN!Batero samples 0.88 g/t Au at Batero-Quinchia 2015-01-28 18:27 ET - News Release Mr. Roger Moss reports BATERO REPORTS RESULTS OF OXIDE SAMPLING PROGRAM Batero Gold Corp. has provided results of a study of the oxide mineralization of the La Cumbre deposit and surrounding areas at the Batero-Quinchia project, Risaralda, Colombia. The study included mapping potential extensions of the oxide, sampling the oxide where exposed in new areas and auger sampling of the saprolite hosted oxide mineralization below overburden and a barren ash layer. The sampling was undertaken both within the area of the current resource, to further define higher grade areas, as well as outside the resource area to check for additional oxide mineralization. Results of 102 samples indicate values up to 1.46 g/t gold in channel samples and up to 2.03 g/t gold in auger samples of the oxide layer. The oxide zone at Batero-Quinchia occurs at or near surface, forming the top of the three gold porphyries La Cumbre, El Centro and Dos Quebradas. The oxide zone contains measured and indicated resources of 12.1 million tonnes grading 0.68 g/t gold (264,000 oz gold) and inferred resources of 7.5 million tonnes grading 0.48 g/t gold (116,000 oz gold) at a 0.3g/t cut-off grade (see Technical Report dated December 16, 2013 and filed on Sedar on December 18, 2013). "We are pleased with the success of our low cost exploration of the near surface oxide mineralization at Batero-Quinchia, undertaken while preserving our strong treasury," stated Roger Moss, President and CEO of Batero Gold. "Further work is planned to follow up on the results of the program as we continue to develop the exploration potential of the property." In addition to confirming the presence of the oxide zone in the vicinity of La Cumbre, two new areas in the vicinity of La Lenguita and Dos Quebradas were also outlined. A summary of the results are shown in the table below and a map showing the location of samples can be viewed at https://www.baterogold.com/en/sample-location-map. Sector Channel Samples Auger Samples No. Au Average Au Range No. Au Average Au Range Samples (g/t) (g/t) Samples (g/t) (g/t) La Cumbre 13 0.699 0.181 to 19 0.888 0.145 to 1.465 2.03 Paramillo 7 0.032 0.009 to 1 0.171 na 0.129 Manzanares Rd. 11 0.022 0.001 to 0 na na 0.098 La Lenguita 4 0.265 0.104 to 19 0.372 0.031 to 0.597 1.435 Dos Quebradas 15 0.473 0.011 to 11 0.290 0.042 to 1.425 1.245 Other 1 0.030 na 1 0.026 na Total 51 51 Channel samples of the outcropping oxide mineralization were typically 2 metres long. Auger samples of approximately 2kg were taken at depths ranging from 1 to 15.5 metres, depending on the thickness of barren cover (volcanic ash and/or colluvium). All samples were placed in heavy duty plastic bags, labelled, sealed and securely stored before transport to the laboratory. Samples were analyzed at ALS Laboratories in Lima Peru, following preparation at ALS in Medellin Colombia. Gold was assayed by atomic absorption spectroscopy following standard fire assay preparation (FA-AAS). Batero submitted blanks and standards with the sample batches as part of its QA/QC program. Quality control samples comprised 7% of the samples analyzed. Dr. Roger Moss, P.Geo., the Company's Qualified Person, prepared the technical information in this news release. We seek Safe Harbor. © 2015 Canjex Publishing Ltd. All rights reserved.