Andover Ventures Inc.

Andover Ventures Inc.

January 22, 2008 09:01 ET

Andover Announces New Senior Operational Management-2008 Objectives & Operational Targets

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 22, 2008) - Andover Ventures Inc. ("Andover" or the "Company") (TSX VENTURE:AOX) is pleased to announce the appointments of Mr. Bruce F. Riederer as President and Mr. John C. Thornton as Chief Development Officer. Mr. Riederer and Mr. Thornton bring Andover a combined 80 years of experience in exploration, mine development and project management. They will manage an aggressive work program designed to rapidly add shareholder value to Andover's 100% wholly owned flagship property, the SUN, a Polymetalic deposit, located in the Ambler Mining District in the Brooks Range in Northwestern Alaska.

2008 Operational Objectives:

- Complete a scoping study (3-D modeling of the SUN deposit) and updated 43-101 compliant mineral resource estimation.

- Initiation of a 25,000 meter drilling program (5 times the size of the 2007 drill program) to expand the main SUN deposit and test additional targets.

- A regional scale geophysical survey over Andover's 12,800 acres in the Ambler to identify additional drilling targets.

- Commencement of a Pre-feasibility Study at the end of the 2008 drilling season.

Mr. Riederer has 35 years of exploration, development and mining experience throughout the Western United States and Australia. He has project managed a myriad of Federal and State permitting requirements, fast tracked numerous pre-feasibility/feasibility studies and EPCM for base and precious metal projects.

Mr. Thornton has 45 years of experience in the mining industry beginning with the Anaconda Copper Co. in the Butte underground mines. Following completion of a graduate degree from NYU he spent six years with Anaconda followed by 13 years with Amax Inc. in mine planning and construction management. In the 1980's he moved to South Africa to become owner/operator of a gold mine.

In 1991 he joined Mintec Inc., where he was responsible for resource and reserve estimations and mine planning in many feasibility studies and project financings. For the past two and a half years, as COO of Gammon Lake Resources, he managed the on-budget construction of the Ocampo gold silver mines complex in Chihuahua, Mexico.

Robert Gardner, Chairman of Andover Ventures, states, "The resources found in the Ambler District in Alaska, and those within the lands controlled by Andover Ventures are surely one of the larger undeveloped deposits on the planet. The additions to the Andover team of seasoned professionals led by Mr. Riederer and Mr. Thornton, whose direct responsibility and accountability are to advance, manage, and ensure the next stages of delineating the SUN deposit and advancing the project toward feasibility. This will be the catalyst to unlock the vast potential of the SUN."


Robert Gardner, Chairman of the Board

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