Batero Launches Corporate Shared Value Alliance Program In Quinchia, Risaralda (Colombia)

Batero Gold Corp. ("Batero", or the "Company") (TSX VENTURE:BAT) is pleased to
announce engagement, through its fully owned Colombian subsidiary Minera
Quinchia S.A.S., in a community shared value program in alliance with the
Government of Canada and the International Organization for Migration (IOM) for
the area of influence of Batero's exploration activities.


The program, named "Improving Socio-Economic Development for Families in
Quinchia, Risaralda" was submitted jointly by Batero and the IOM to the
Department of Foreign Affairs, Trade and Development of the Government of Canada
(formerly Canadian International Development Agency) during the 2012 call for
proposals for the Strategic Partnerships for Development Fund ("SPDF") that was
created as part of its Andean Regional Initiative.
http://www.acdi-cida.gc.ca/cidaweb/cpo.nsf/vWebCSAZEn/496AC8D023AB552985257C5B003BCC16



The SPDF - Colombia approved and awarded CDN$ 580,325.00 to the project that
will be administered by the IOM and funding will be complemented by a total
contribution of CDN$240,379.00 from Batero over the next two years. 


"Batero has been committed to working with the community since the inception of
the company and the implementation of the program "Improving Socio-Economic
Development for Families in Quinchia, Risaralda" is a testament to our ongoing
commitment to local families", stated Roger Moss, President and CEO of Batero
Gold Corp. "We are proud to be selected with the IOM by the Department of
Foreign Affairs, Trade and Development of the Government of Canada and
anticipate the program should have a positive impact to improve opportunities
for entrepreneurial business development around Quinchia. Despite the current
challenging metals market conditions, Batero remains confident in the Quinchia
project and continues to be committed to the local communities."


The program aims to assist local capacity building for business development
among the Quinchia communities that are located in the area of influence of
Batero's exploration activities. The focus of the program is to provide training
within local communities by means of strategic alliances supported by this
agreement including sugar cane guilds and the Colombian Government Artisanal
Organization. The goal of the program is to work with alliance members and the
community towards building confidence in business development through
optimization of production and merchandising of sugar cane and its derivatives,
as well as artisanal silversmithing. Once implemented, the programs are expected
to benefit approximately 600 families by improving their income and ensuring the
sustainability and profitability of their local production units. By
strengthening local business capacity based on local products, the program aims
to create a healthy community development environment that may alleviate the
social pressure over the exploration sector and prevent the possible impacts of
people migration.


This program has been recognized as a Corporate Shared Value (CSV) planning
model that will potentially assist both the communities and the local government
in establishing a locally focused development model in partnership with Batero. 


Batero has demonstrated a strong shared value commitment through programs such
as the innovative "Farms with a Future" initiative and capacity building in
organic agricultural practices. Batero also supports local education through
entrepreneurship training and cultural awareness through music with the Banda
Sinfonica de Quinchia and its rural annex and assists with the provision of
medical and dental initiatives by local authorities. Detailed information on
community development programs can be found in the Batero CSV reports, as well
as a number of videos that can be viewed at
http://www.baterogold.com/en/responsibility/responsibility. 


As part of its "shared value" approach to communities, Batero strongly believes
that its social license to operate in the Quinchia region is further
strengthened every time local communities gain independent long-term
socio-economic benefits from the company's efforts.




ON BEHALF OF THE BOARD OF                                                   
                                                                            
BATERO GOLD CORP.                                                           
                                                                            
Roger Moss                                                                  
President and CEO                                                           
Batero Gold Corporation                                                     



ABOUT BATERO GOLD

Batero Gold Corp. is a precious and base metals exploration and development
Company 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 and Latin America.
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
TSX 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 may 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 estimates; grades on the Batero-Quinchia project; scope of
mineralization within the Batero-Quinchia project; receipt and/or timing of
required permits and regulatory approvals; the sufficiency of the Company's
capital to finance the Company's operations; and geological interpretations and
potential mineral recovery processes.


Forward-looking statements and 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. 


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
or information in the event that circumstances or management's assumptions,
beliefs, expectations or opinions should change, or there should occur or
develop 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: 
Michael Mills
Tel: [phone]
Email: [e-mail]