Tolima Gold Inc. ("Tolima" or the "Company") (TSX VENTURE:TOM) is pleased to
announce that it has filed its Financial Statements and related Management's
Discussion and Analysis for the quarter ended October 31, 2012 (the "Financial
Statements"). 


Copies of the Financial Statements are available on the SEDAR website at
www.sedar.com and on Tolima's website at www.tolimagold.com. 


Information Concerning Tolima 

Tolima is a gold exploration, development and production company with interests
in mining properties in Colombia. Tolima's properties include the Remedios
Project, located in the Remedios/Segovia mining district in the Antioquia
Department of Colombia, with over 11,500 hectares of exploration ground, two
mines (the "San Pablo" and "Bartola" mines) and an operating gold processing and
recovery plant located in the area of "San Pablo" with a capacity of 100 tons
per day; the ANCAL Project, located in the Marmato/Caramanta district of the
Caldas and Antioquia Departments of Colombia, including more than 28,000
hectares of exploration ground; and the NORTOL project, located in the Tolima
Department of Colombia, including more than 48,000 hectares of exploration
ground and the "Papayo" mine, which is being rehabilitated. Tolima is continuing
to explore opportunities for the acquisition of additional mining interests in
prospective mining districts in Colombia.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Tolima Gold Inc.
Lisa-Marie Iannitelli
Toronto
+1 647 476 7577
lm@tolimagold.com


Tolima Gold Inc.
Marcela Ospina
Colombia
+57 4 444 7479
mospina@tolimagold.com
www.tolimagold.com

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