SOURCE: Andes Gold Corporation

June 27, 2012 09:00 ET

Andes Gold Corporation Intersects Seven New Veins

BOCA RATON, FL--(Marketwire - Jun 27, 2012) - Andes Gold Corporation (PINKSHEETS: AGCZ), a gold mining company with existing operations in Ecuador, is pleased to announce that it has intersected 7 new veins on one of its concessions. Of the veins intersected, 4 of them contain gold and sulphides and 3 of them contain copper ranging from 3 to 4%. The Company is currently having samples evaluated at independent labs.

The Company is very encouraged with the results obtained so far and is looking forward to the results from the independent laboratories. The Company has two (2) producing gold mines and two (2) fully operating mills/smelters. At capacity, the mills can produce 220 tons of ore per day.

Andes Gold Corporation trades in the United States on the OTC Pink under the symbol "AGCZ." For further information, please contact the Company at (561) 210 8496 or www.andesgoldmine.com or investors can find real-time quotes and market information for the Company on www.otcmarkets.com.

NOTE: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 involving risks and uncertainties. Results, events and performances could vary from those contemplated. These statements involve risks and uncertainties which may cause actual results, expressed or implied, to differ from predicted outcomes. Risks and uncertainties include but are not limited to product demand, market competition and Andes Gold Corporation's ability to meet current or future plans. Investors should study and understand all risks before making an investment decision. Readers are recommended not to place undue reliance on forward-looking statements or information. Andes Gold is not obligated to publicly release revisions to any forward-looking statement, to reflect events or circumstances afterward or to disclose unanticipated occurrences, except as required under applicable laws.

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