AndeanGold Ltd.
TSX VENTURE : AAU

AndeanGold Ltd.

September 28, 2009 09:00 ET

AndeanGold Commences Phase 1 Drilling Program at the Rio Seco Project, Peru

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 28, 2009) - AndeanGold Ltd. ("the Company" or "AndeanGold") (TSX VENTURE:AAU) is pleased to report that A.K. Drilling International S.A. has mobilized the drill rig and commenced the Phase 1 drilling program (the "Program") at the Company's Rio Seco Project in Peru. The Program will entail 1,400 metres of reverse circulation drilling and include eleven (11) angled holes from seven (7) drill stations. The holes will range from 100 m to 152 m in inclined length and from 82 m to 138 m vertically from surface. The Program has been designed to test the depth, strike extent and grade of the 600x100m Stockwork Target to an average depth of 100m, as a follow up to the encouraging assay results from the 2008 and 2009 trenching programs. (See news releases of April 20, 2009 and May 12, 2009). Barring any unforeseen delays, the Program should be completed in approximately two (2) weeks, with final assay results available approximately three (3) weeks after the final samples have been submitted to the independent assay laboratory in Lima, Peru.

The Rio Seco Project is a gold property (approximately 3,325 hectares) with associated silver and copper, located in the Department of Libertad, Peru. To date, four mineralized zones and ten main vein systems have been identified. The West Zone has been identified as the principal mineralized trend. It lies within a shear system created by two major N-S faults and exhibits both potential open pit stockwork targets and potential underground multiple vein targets. While there are several exploration targets of interest on the Rio Seco Project, the Company's principal interest is the timely testing and advancement of the open pit potential of the Stockwork Target area, with the objective of establishing a bulk mineable, heap leach mineral resource, if economic grades are present.

About AndeanGold Ltd:

AndeanGold Ltd. is engaged in the acquisition, exploration and potential development of primarily precious metals properties, principally in Peru and Ecuador. The focus of the Company's exploration activities is presently in advancing its Rio Seco Project, as well as pursuing mineral property acquisitions, in Peru. In Ecuador, the Company's activities have been limited to administrative and legal matters due to the Mining Mandate issued by the Ecuador Constituent Assembly on April 18, 2008. Ecuador recently passed a new Mines Law, which replaces the Mining Mandate, and is working on developing regulations and finalizing terms and conditions of future mining operations. The Company looks forward to working with government officials to this end, and is actively pursuing authorization to reinitiate work programs on its key Ecuadorian projects.

Please refer to AndeanGold's website at www.andeangoldltd.com for further information on the Company's projects and activities.

On Behalf of the Board of Directors of ANDEANGOLD LTD.

Anthony F. Ciali, President, CEO and Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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