ANDINA Minerals Inc.
TSX VENTURE : ADM

ANDINA Minerals Inc.

August 24, 2005 09:00 ET

ANDINA Announces Changes to Board of Directors; Greg Laing Appointed Director

TORONTO, ONTARIO--(CCNMatthews - Aug. 24, 2005) - ANDINA Minerals Inc. (TSX VENTURE:ADM) ("Andina" or "the Company") announces that, subject to regulatory acceptance, Mr. R. Gregory Laing, LLB. has joined the Andina Board of Directors. Furthermore, Mr. John McBride has resigned from the Company's Board of Directors.

Mr. Laing was formerly Vice President, Legal for Goldcorp Inc. and managed, among other matters, the legal issues relating to the recent business combination of Goldcorp and Wheaton River Minerals Ltd. Prior to his involvement with Goldcorp, Mr. Laing was General Counsel, Vice President and Corporate Secretary for TVX Gold Inc., an international gold mining company acquired by Kinross Gold Corp. in 2003.

"We are very pleased that Greg has agreed to join the Board", said Carl Hansen, President and CEO of Andina. "His wealth of knowledge and experience gained while managing the legal affairs of two major international gold mining companies will be valuable to Andina as we aggressively move forward with our Volcan gold project in Chile."

Mr. Laing replaces Mr. McBride who resigned today from the Company's Board of Directors. "On behalf of the Board of Directors and stakeholders of Andina, I would like to thank Mr. McBride for his assistance and stewardship during the merger and transition from CastleRock to Andina Minerals", said Mr. Hansen. Mr. McBride was a founding shareholder of CastleRock Resources Inc. and had assumed the role of Director, President and CEO of CastleRock and subsequently Director of Andina to facilitate the merger of the two companies. Mr. McBride remains a significant shareholder of Andina.

Further, Andina announces that it has granted an aggregate of 100,000 options to directors of the Company. The options are exercisable at $0.70 expiring on August 23, 2010.

Andina is a well financed, Americas focused exploration company with a portfolio of precious metals exploration projects in Chile and Mexico. The Company is dedicated to maximizing the value of its exploration assets through a commitment to fiscally responsible exploration.

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

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