ANDINA Minerals Inc.

ANDINA Minerals Inc.

March 14, 2005 16:00 ET

Andina Drilling Gitana Copper Gold Silver Project-Geophysical Survey Outlines Large Chargeability Anomaly


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: ANDINA MINERALS INC.

TSX VENTURE SYMBOL: ADM

MARCH 14, 2005 - 16:00 ET

Andina Drilling Gitana Copper Gold Silver
Project-Geophysical Survey Outlines Large
Chargeability Anomaly

TORONTO, ONTARIO--(CCNMatthews - March 14, 2005) - Andina Minerals Inc.
(TSX VENTURE:ADM) ("Andina") is pleased to announce that, upon reviewing
the results of the recently completed geophysical and geological
surveys, it has initiated a 1,500 metre reverse circulation ("RC")
drilling program on the Company's Gitana copper gold silver property.
The Gitana property located 60 kilometres southeast of Copiapo, Chile,
encompasses the Gitana copper mine. The mine has been producing, on a
small scale, high-grade copper oxide and sulphide ores from a series of
pits and underground workings for the past thirty years but has never
been subject to a modern systematic exploration program.

A 13-kilometer induced polarization survey, recently completed by
Geodatos, Geofisica de Avanzada, Chile, outlined a 300 by 500 meter
chargeability anomaly located on the western margin of the Gitana
granodiorite stock in an area of hydrothermal brecciation. The anomaly
is approximately 400 meters west southwest of the Gitana mine, which is
located along the northeastern margin of the granodiorite stock.
Historically the majority of ore mined from the Gitana deposit has been
extracted from a single breccia body and associated mantos. Five RC
drill holes, each approximately 200 metres deep, will target the
chargeability anomaly.

A second set of four RC drill holes will target the oxide and sulphide
copper mineralization that comprises the Gitana deposit. Recent
underground development on the deepest level of the mine, approximately
40 metres below the surface, has exposed a north-south trending
mineralized breccia unit over a strike length of 20 metres and a width
of 6 to 10 metres. The breccia is composed of angular fragments of
volcanic rock in a matrix of quartz-pyrite with chalcocite. The
mineralization remains open to the north and to depth but is terminated
to the south by a late fault. A forty tonne consignment of sulphide
mineralization recently mined and processed from this area had a
reported grade of 3.2% copper, 1.2 grams/tonne gold and 7.7 grams/tonne
silver.

It is anticipated that drilling will be completed by the end of March
and that assay results will be released by mid-April.

Mr. Mike Hodgson, P. Geol, is the Qualified Person, as defined by
National Instrument 43-101, responsible for the Gitana exploration
program. Mr. Hodgson has reviewed and approved the exploration plans and
technical information discussed within this press release.

Andina is an Americas focused exploration company with a diversified
portfolio of gold, copper and silver 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.



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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Andina Minerals Inc.
    Carl Hansen
    President and CEO
    (416) 203-3488
    or
    Andina Minerals Inc.
    Anu Dhir
    Corporate Secretary
    (416) 777-0001
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release