Andean American Gold Corp.
TSX VENTURE : AAG
FRANKFURT : AQN

Andean American Gold Corp.

August 20, 2007 14:46 ET

Andean American Employees Unharmed and Work Continues After Peru Earthquake

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 20, 2007) - Andean American Mining Corp. (TSX VENTURE:AAG)(FRANKFURT:AQN) has confirmed that all its employees and their immediate families are safe and unharmed after the recent earthquake in Peru. The Company is committed to the well being of its employees and their families through a strong social responsibility mandate. Andean American operations and exploration programs were not affected by the earthquake and work continues at the Company's properties in Peru. There are closures on the Panamerican Highway south that affect logistics and may cause minor delays. However, phone service has been restored.

Andean American extends its deepest sympathies and condolences to all whose lives have been touched by this tragedy. We deeply mourn the casualties and fatalities caused by the earthquake.

On behalf of Andean American Mining Corp.

John F. Huguet, Chairman and CEO

Mr. Andrew Gourlay, P. Geol., President of Sinchao Metals Corp. is a Qualified Person as defined in the Canadian Securities Administrators National Instrument 43-101 with the ability and authority to verify the authenticity and validity of technical and scientific data. This press release has been prepared under Mr. Gourlay's supervision.

About Andean American:

Andean American Mining Corp. (TSX VENTURE:AAG)(FRANKFURT:AQN) is an international mining and exploration company focused on growth both organically and through acquisitions. The Company is actively pursuing new targets of potential early stage gold and silver prospects in Peru and currently has three key assets: the 16,900 hectare Invicta gold-silver-copper pre-feasibility stage project; 70% of Sinchao Metals Corp., owner of the Sinchao zinc-copper-silver-gold-lead mineralization project; and the 9,000 hectare Santa Rosa property, which is a producing open-pit mine.

This news release may contain forward-looking information within the meaning of the Securities Act (Ontario) ("forward-looking statements"). Such forward-looking statements may include the Company's plans for its mineral projects, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company's operations in a foreign jurisdiction, uncertainty of production and costs estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of gold and other metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company's Financial Statements, Management Discussion and Analysis and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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