Andean Resources Ltd.
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ASX : AND

Andean Resources Ltd.

December 17, 2009 16:30 ET

Andean Resources Appoints William Wulftange as Vice President Exploration

FREMANTLE, WESTERN AUSTRALIA--(Marketwire - Dec. 17, 2009) - Andean Resources ("Andean" or the "Company")(TSX:AND)(ASX:AND) is pleased to announce the appointment of Mr. William (Butch) Wulftange as Vice President, Exploration, effective January 1, 2010. Mr. Wulftange, who graduated with a Bachelor of Arts degree in Geology from the University of Colorado in 1982, is a Fellow of the Society of Economic Geologists, a Registered Member of the Society of Mining Engineers and a Licensed Professional Geologist.

During his 27 years of gold industry experience, Mr. Wulftange has made significant contributions to the exploration and discovery of several producing operations, including two world class deposits: the Paradise Peak gold mine in Nevada and the El Penon mine in northern Chile. Most recently, Mr. Wulftange served as the Director of Technical Compliance for Yamana Gold and prior to that was the Manager of Business Development for Meridian Gold before its acquisition by Yamana Gold in 2007.

Wayne Hubert, Andean's President and CEO, commented, "The appointment of Butch to the Andean team represents the Company's commitment to the exploration program at the Cerro Negro gold project, as the development phase begins in parallel. We expect that Butch, with his numerous years of invaluable epithermal vein experience, will immediately assist in impacting the exploration and development of the project as we set out to become a low-cost, mid-tier gold producer."

Andean Resources Ltd. is a dual listed company (TSX:AND)(ASX:AND), actively and aggressively exploring for gold resources in Argentina. The company is well positioned to become a mid-tier gold producer over the next two years as it commences production from its 100% owned Cerro Negro project. This high-grade, world-class deposit is located in the mining-friendly province of Santa Cruz, in southern Argentina, and contains a growing resource base of over 2.5 million ounces of gold. In order to expand its resource base and add to the future production profile, Andean is committed to ongoing exploration and building its resource inventory at the Cerro Negro project and, in the process, generating enhanced returns for its shareholders as a platform for future growth.

ABN 064 494 319

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