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Minera Andes Announces That Production Has Resumed At The San
Jos� Mine
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TORONTO, ONTARIO --OCTOBER 2, 2009 - Minera Andes Inc. (the
"Corporation" or "Minera Andes") (TSX: MAI and US OTC: MNEAF) is
pleased to announce today that it has been advised by Minera Santa Cruz
("MSC") that the San Jos� Mine in
Argentina is back in production. The
San Jos� Mine is operated by MSC, a joint venture between Hochschild
Mining plc, and Minera Andes which has a 49% interest in the mine.
Daily production at the San Jose mine has been running at a rate of
approximately 32,600 silver equivalent ounces (of which the share
attributable to Minera Andes is approximately 16,000 silver equivalent
ounces).
Minera Andes is a gold, silver and copper exploration company focused
in
Argentina. The Corporation holds three significant assets:
1. 49% interest in Minera Santa Cruz SA, the company that operates the
San Jose Mine, one of the world's largest primary silver mines;
2. 100% earned-in interest in the Los Azules copper project;
3. A portfolio of exploration properties near and around its existing
assets. Drilling on three of these properties will begin in November.
This news release is submitted by James K. Duff, Chief Operating
Officer of Minera Andes Inc.
For further information, please contact: Helen Bilhete or visit our Web
site: www.minandes.com.
Helen Bilhete
Director, Investor Relations
99 George St. 3rd Floor,
Toronto, Ontario, Canada. M5A 2N4
Toll-Free: 1-866-441-0690
Tel:647-258-0395
Fax: 647-258-0408
E-mail: info@minandes.com
Caution Concerning Forward-Looking Statements:
This press release contains certain forward-looking statements and
information, including those related to the resumption of work at the
San Jos� Mine. The forward-looking statements and information express,
as at the date of this press release, the Corporation's plans,
estimates, forecasts, projections, expectations or beliefs as to future
events and results. Forward-looking statements involve a number of
risks and uncertainties, and there can be no assurance that such
statements will prove to be accurate. Therefore, actual results and
future events could differ materially from those anticipated in such
statements. Risks and uncertainties that could cause results or future
events to differ materially from current expectations expressed or
implied by the forward-looking statements include, but are not limited
to, factors associated with fluctuations in the market price of
precious metals, mining industry risks, risks associated with foreign
operations, the state of the capital markets, environmental risks and
hazards, uncertainty as to calculation of mineral reserves and other
risks.
Readers should not place undue reliance on forward-looking statements
or information. We undertake no obligation to reissue or update
forward-looking statements or information as a result of new
information or events after the date hereof except as may be required
by law. See our annual information form for additional information on
risks, uncertainties and other factors relating to the forward-looking
statements and information. All forward-looking statements and
information made in this news release are qualified by this cautionary
statement.
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Copyright (c) 2009 MINERA ANDES INCORPORATED (MAI) All rights
reserved. For more information visit our website at
http://www.minandes.com/ or send mailto:info@minandes.com
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