SOURCE: Andes Gold Corporation

October 07, 2013 07:00 ET

Andes Gold Corporation to Start Up Another Mill in Ecuador

BOCA RATON, FL--(Marketwired - Oct 7, 2013) - Andes Gold Corporation (PINKSHEETS: AGCZ), a gold mining and milling company with operations in Ecuador and Peru, has begun the start up process of another mill in Ecuador. This mill has a flotation system which will increase the production capacity of the mill to 100 tons of ore per day. This mill is designed to produce copper as well as gold. It is one of the few mills in the area that can process copper. The majority of ore processed will be under contract with independent operators. This mill is expected to be operational at full capacity by the end of October, 2013. This will result in a significant increase in cash flow in the last fiscal quarter of 2013.

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' ability to meet current and 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 statement 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 requested under applicable law.

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