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Minera Andes Welcomes Lundin Group Mining Executive to Board

2008-07-29 15:41:00

Minera Andes Welcomes Lundin Group Mining Executive to Board

    TSX: MAI



    NASD-OTCBB: MNEAF



    SPOKANE, WA, July 29 /EMWNews/ - Minera Andes Inc. (TSX:

MAI and US OTC: MNEAF) is pleased to announce that Richard P. Clark,

president and CEO of Red Back Mining Inc, a Lundin Group company, of

Vancouver, B.C., has joined the board of directors of Minera Andes Inc. His

appointment represents an expansion of the board to seven members.



    "It is a pleasure to welcome Rick to the Minera Andes board," said

Allen V. Ambrose, president. "He has the background in South American

mining, project finance and development that compliments our plan to grow

the Company. As Minera Andes completes its first year of production and

cash flow from its San Jose gold/silver mine in Argentina, and pursues its

major copper opportunity at Los Azules, Rick's professional skills are a

welcome addition to our board."



    A mining professional with more than 20 years experience, Mr. Clark is

a mining lawyer who has wide ranging business experience in the mining

sector from managing exploration companies to developing mines into

emerging mid-tier producing companies with projects Latin America and

Africa. Mr. Clark has grown Red Back from a market capitalization of $40

million to over $1.5 billion.



    Minera Andes is a gold, silver and copper exploration company working

in Argentina. The Company holds about 304,000 acres of mineral exploration

land in Argentina including the 49% owned San Jose silver/gold mine that

has commenced production last year. Minera Andes is also exploring the Los

Azules copper project in San Juan province, where an exploration program is

underway to define a resource and scoping study. Other exploration

properties, primarily silver and gold, are being evaluated in southern

Argentina. The Corporation presently has 189,456,935 shares issued and

outstanding.



    This news is submitted by Allen V. Ambrose, president and director of

Minera Andes Inc.



    Caution Concerning Forward-Looking Statements:



    This press release contains certain "forward-looking statements",

including, but not limited to, the statements regarding the Company's

strategic plans, evolution of mineral resources and reserves, work

programs, development plans and exploration budgets. The forward-looking

statements express, as at the date of this press release, the Company'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 base 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. Reference is made to the

risk factors and uncertainties described in the Company's continuous

disclosure record, a copy of which is available under the Company's profile

at http://www.sedar.com.



    Cautionary Note to U.S. Investors:



    The United States Securities and Exchange Commission (the "SEC")

permits mining companies, in their filings with the SEC, to disclose only

those mineral deposits with "mineral reserves" that a company can

economically and legally extract or produce. We use certain terms in this

press release, such as "mineral resources", that the SEC guidelines

strictly prohibit us from including in our filings with the SEC.





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