Batero Gold Receives Confirmation of Registration of Concession Contract

Batero Gold Corp. (TSX VENTURE:BAT) is pleased to report that concession
contract 18567 is now formally and officially registered by the National Mining
Agency of Colombia (ANM). This concession is part of the block of three
concessions comprising the Company's 100% owned Batero-Quinchia project in
Risaralda, Colombia. Registration of the remaining concession, 22159, is
expected in the coming weeks. Concession contract 22270, the third concession of
the block, was registered during October 2005 for 30 years. 


Darryl Lindsay, Interim Chief Executive Officer of Batero Gold Corp. said, "We
are pleased that we have progressed from a shorter term exploration license to a
28 year concession agreement for exploitation, with the right to extend the
exploitation term an additional 30 years on request and once the initial period
has vested. ANM has registered this concession agreement 18567, one of three
concession titles comprising the Batero-Quinchia project and covering the
mineralization from La Cumbre through El Centro to Dos Quebradas. This provides
the company and investors with long term stability for the development of the La
Cumbre oxide deposit, the larger Batero-Quinchia project and to explore the
gold-copper potential remaining within the project area." 


Progress towards completion of the Preliminary Economic Assessment on the La
Cumbre oxide deposit is proceeding well. The PEA will include an updated mineral
resource estimate for the entire Batero-Quinchia deposit as well as a potential
economically extractable mineral resource for the oxide, mixed and primary
material within a first stage development plan at the La Cumbre deposit.
Additionally, the PEA will include metallurgical and geotechnical study results
to date and recommendations for the next stage of work. The Company has just
started the review process and anticipates the PEA to be press released in Q4,
2013. 


The company is in the process of establishing a CEO search committee involving
an independent industry professional to undertake a formal search for an
appropriate candidate for CEO considering the Company's current projection
towards advancing the La Cumbre Oxide project and assessing other near term
mining opportunities in Colombia and Latin America in general. This process is
expected to be completed by Q1 2014. 


Darryl Lindsay, Ph.D., P.Geo., Interim Chief Executive 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.


ON BEHALF OF THE BOARD OF BATERO GOLD CORP.

Darryl Lindsay, Interim CEO 

Batero Gold Corporation

ABOUT BATERO GOLD 

Batero Gold Corp. is a precious and base metals exploration and development
Company. The Company is focused on two primary objectives. The first of these
objectives is the advancement of the La Cumbre oxide deposit. La Cumbre is
located within the Company's 100% owned Batero-Quinchia Gold Project, which sits
within Colombia's emerging and prolific Mid Cauca gold and copper belt. Batero
is moving the La Cumbre oxide deposit towards the goal of making a production
decision, once the appropriate level of study has been completed, and intends to
first target the near and at surface higher grade oxidized gold mineralization
at the deposit. Batero's second objective is to pursue opportunities to acquire
prospective high-grade, production focused mineral properties in Colombia. In
pursuing both these objectives, Batero plans to leverage its secure treasury
position, strong regional relationships, experienced management team, and
long-term financial partners. Shares of the Vancouver-based company trade on the
Toronto Venture Exchange under the symbol BAT.


FORWARD-LOOKING STATEMENTS 

Certain of the statements and information in this press release constitute
"forward-looking statements" or "forward-looking information" Any statements or
information that express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions or future
events or performance (often, but not always, using words or phrases such as
"expects", "anticipates", "believes", "plans", "estimates", "intends",
"targets", "goals", "forecasts", "objectives", "potential" or variations thereof
or stating that certain actions, events or results "may", "could", "would",
"might" or "will" be taken, occur or be achieved, or the negative of any of
these terms and similar expressions) are not statements of historical fact and
may be forward-looking statements or information. 


Forward-looking statements or information relate to, among other things:
developing the most efficient and cost-effective leach processing circuit for
the Cumbre gold deposit, the timing and scope of expected diamond drilling;
resource estimate, grades on the Batero-Quinchia project; scope of
mineralization within the Batero-Quinchia project; timing of receipt of permits
and regulatory approvals; the sufficiency of the Company's capital to finance
the Company's operations; geological interpretations and potential mineral
recovery processes. 


Forward-looking statements or information are subject to a variety of known and
unknown risks, uncertainties and other factors that could cause actual events or
results to differ from those reflected in the forward-looking statements or
information, including, without limitation, risks relating to: fluctuations in
the spot and forward price of gold or certain other commodities; changes in
national and local government legislation, taxation, controls, regulations and
political or economic developments in Canada, Colombia or other countries in
which the Company may carry on business in the future; the uncertainties
involved in interpreting geological data; business opportunities that may be
presented to, or pursued by, the Company; operating or technical difficulties in
connection with mining activities; the speculative nature of gold exploration
and development, including the risks of obtaining necessary licenses and
permits; diminishing quantities or grades of reserves; and contests over title
to properties, particularly title to undeveloped properties. In addition, there
are risks and hazards associated with the business of gold exploration,
development and mining, including environmental hazards, industrial accidents,
unusual or unexpected formations, pressures, cave-ins, flooding and gold bullion
losses (and the risk of inadequate insurance, or the inability to obtain
insurance, to cover these risks). 


This list is not exhaustive of the factors that may affect any of the Company's
forward-looking statements or information. Forward-looking statements or
information are statements about the future and are inherently uncertain, and
actual achievements of the Company or other future events or conditions may
differ materially from those reflected in the forward-looking statements or
information due to a variety of risks, uncertainties and other factors,
including, without limitation, those referred to in the Company's Filing
Statement dated as of June 22, 2010 under the heading "Risk Factors". Although
the Company has attempted to identify important factors that could cause actual
results to differ materially, there may be other factors that cause results not
to be as anticipated, estimated, described or intended. Accordingly, readers
should not place undue reliance on forward-looking statements or information. 


The Company's forward-looking statements and information are based on the
assumptions, beliefs, expectations and opinions of management as of the date of
this press release, and other than as required by applicable securities laws,
the Company does not assume any obligation to update forward-looking statements
and information if circumstances or management's assumptions, beliefs,
expectations or opinions should change, or changes in any other events affecting
such statements or information. For the reasons set forth above, investors
should not place undue reliance on forward-looking statements and information.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Batero Gold Corp.
604.568.6378
[e-mail]
www.baterogold.com