Astur Gold Corp. (TSX VENTURE:AST)(FRANKFURT:CDC) ("Astur Gold" or the
"Company") announces success in securing additional concessions totaling 2765
contiguous hectares surrounding its Salave deposit. The Exploration Permit
granted by the General Directorate of Mines and Energy of the Principality of
Asturias allows Astur Gold to explore for additional gold resources in the area
surrounding the Salave deposit. The Company has committed to invest at least
EUR570,000 over the next 3 years to maintain the property in good standing. This
increases the total mineral rights area owned by the Company in Asturias to 3198
hectares and includes the area under consideration for operations and processing
of the planned mine. 


Cary Pinkowski, CEO & Director, commented, "We are pleased to have obtained
these concessions surrounding Salave. It substantially expands our project area
and includes the land we are evaluating for the processing plant and tailings
area. This is a significant step toward increasing activities related to mine
development and possible expansion of the resource. We are fulfilling our
commitment to our supporters in Asturias awaiting jobs and economic growth
resulting from the success this project." 


There is excellent exploration potential at Salave, with four of the principal
high grade zones of mineralization open at depth. Additional exploration areas
to the west have also yet to be tested. Previous metallurgical tests indicate
gold recoveries in the order of 90% are possible. The region boasts excellent
infrastructure and a history of mining that will help support future mine
development. Astur Gold is advancing Salave towards production and cultivating
an enduring partnership with the people of Asturias in developing economic
prosperity for the region.


ABOUT ASTUR GOLD

The Company is developing its 100% owned Salave Gold Project in northern Spain.
Salave is one of the largest undeveloped gold deposits in western Europe,
containing a NI 43-101 compliant mineral resource estimate of 1,683,000 oz Au in
the Measured & Indicated category (2,155,000 tonnes grading 3.88 g/t Au Measured
and 15,790,000 tonnes grading 2.79 g/t Au Indicated) with an additional 338,000
oz Au in the Inferred category (3,770,000 tonnes grading 2.8 g/t Au). The
mineral resource was estimated by Scott Wilson RPA in the NI 43-101 report,
"Technical Report on Salave Gold Deposit, Spain", dated March 5, 2010 available
on SEDAR.


Salave is also subject to a Preliminary Economic Assessment ("PEA") by Golder
Associates titled, "Preliminary Economic Assessment on the Salave Gold Project,
Asturias Region, Spain", dated February 12, 2011 available on SEDAR. The PEA
investigates three mining methods and two processing options using a base case
gold price of US$1,100 per ounce and throughput rate of 1.1 million tonnes per
year. It shows NPV ranging from US$374 Million to US$576 Million using a 5%
discount rate; IRR ranging from 34% to 54%; and pre-production capital
expenditure payback period ranging from 2.0 to 3.1 years.


ON BEHALF OF THE BOARD

Cary Pinkowski, Chief Executive Officer and Director

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.
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