SOURCE: Geoandina Mining Corp.

September 26, 2007 10:30 ET

Geoandina Mining Corp. Acquires Soberania Sud Property in South America

TORONTO--(Marketwire - September 26, 2007) - Geoandina Mining Corp. (PINKSHEETS: GODN) (FRANKFURT: GM3), announced today that they have acquired the Soberania Sud property located in the Andes Mountain Range, bordering between Argentina and Chile. This underdeveloped area is well known for its high levels of precious mineral resources, as well as other base metals such as calcium and sulfates.

"In addition to our current acquisitions the Soberania Sud property offers a significant opportunity due to its geographical location and geological findings. We have received the initial historical and geological data which will be followed by an in-depth exploration and testing by our partner company, PetraGold Mining Services," stated Mr. Jonathan Hagen, President of Geoandina Mining Corp.

Management will provide updates on the progress of the Soberania Sud property as they become available.

About Geoandina Mining Corp.

Geoandina Mining Corp. is a publicly traded mining holding company, trading under the ticker symbol GODN on the US Pink Sheets market and GM3 in the Frankfurt Stock Exchange. Geoandina is a junior exploration company focused on growth throughout South America, specifically in the under explored country of Argentina.

The South American division of Geoandina Mining Corp. has been in the mining industry for over twenty years. Our explorations are in Argentina, specifically in the regions of Mendoza and San Juan y Neuquen, with the main plant of operations being in Mendoza. Geoandina's explorations in these areas has resulted in the production of multi-minerals such as calcium, talcum, sulfates, and castings for massive construction/industrial projects.

Please visit the Company's website at www.geoandina.com.

FORWARD-LOOKING STATEMENTS:

Statements contained in this news release, which are not historical facts, are forward-looking statements within the meaning and pursuant to the Safe Harbor provisions of the Securities Litigation Reform Act of 1995 that involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things: volatility and sensitivity to market prices for coal; replacement of reserves; procurement of required capital equipment and operating parts and supplies; equipment failure; unexpected geological or hydrological conditions; political risks arising from operating in certain developing countries; imprecision in reserve estimates; success of future exploration and development initiatives; competition; operating performance of the facilities; environmental and safety risks including increased regulatory burdens; seismic activity, weather and other natural phenomena; failure to obtain necessary permits and approvals from government authorities; changes in government regulations and policies including tax and trade laws and policies; ability to maintain and further improve positive labor relations; and other development and operating risks. Although Geoandina believes that the assumptions inherent in the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this report. The company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

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