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Andina Minerals Inc.

Published : March 11th, 2010

Grants 1,665,000 Options to officers, directors and employees

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Andina Grants Options

TORONTO, March 11, 2010 - ANDINA Minerals Inc. (TSX-V:ADM) (the �Company�) announces that it has granted an aggregate of 1,665,000 options of which 1,325,000 were granted to Andina�s officers and directors and 340,000 were granted to employees and consultants. The options are exercisable at $1.20 and expire on March 11, 2015. The option grants are made today as part of Andina�s annual review of company compensation.

About Andina Minerals Inc.
Andina�s primary focus is mining exploration and development in Chile. The Company�s flagship property is the 100%-owned Volcan Gold Project, strategically located in the prolific Maricunga Gold Belt. In September 2009, Andina provided an updated resource estimate for Volcan including measured and indicated mineral resources of 492.5 million tonnes at an average grade of 0.62 g/t Au for 9.8 million measured and indicated ounces of contained gold and inferred mineral resources of 36.8 million tonnes at an average grade of 0.65 g/t Au for 768,000 ounces of gold.


For further information please contact:

George M. Bee
President & CEO
416 203 3488

Keith McKay
Chief Financial Officer
416 203 3488

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Andina Minerals Inc.

EXPLORATION STAGE
CODE : ADM.V
CUSIP : 034219105
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Andina Min. is a gold and silver exploration company based in .

Andina Min. holds various exploration projects in Chile.

Its main exploration properties are ENCRUCIJADA, PAMPA BUENOS AIRES and VOLCAN in Chile.

Andina Min. is listed in Canada and in United States of America. Its market capitalisation is CA$ 102.1 millions as of today (US$ 99.4 millions, € 74.4 millions).

Its stock quote reached its lowest recent point on December 30, 2005 at CA$ 0.07, and its highest recent level on December 31, 2007 at CA$ 5.50.

Andina Min. has 129 271 000 shares outstanding.

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In the News and Medias of Andina Minerals Inc.
4/4/2006New analysis
Annual reports of Andina Minerals Inc.
2007 Annual report
2006 Annual report
Option Grants of Andina Minerals Inc.
4/26/2011Grants 80,000 Options to an employee
3/11/2010Grants 1,665,000 Options to officers, directors and employee...
3/6/2009Grants 500,000 Options to Mr. Keith McKay and 200,000 to Mr....
5/10/2007Grants 760,000 Stock Options
4/18/2006Grants 1,566,000 options
9/29/2005Issues 471,000 Stock Options
2/7/2005Grants 1,485,000 stock options to directors, employees and c...
Nominations of Andina Minerals Inc.
1/8/2013Reconstitutes Board of Directors as Hochschild Achieves Mini...
Financials of Andina Minerals Inc.
5/29/2012First Quarter 2012 Update
6/21/2011Files Amended Q1 2011 Financial Statements
Project news of Andina Minerals Inc.
7/20/2011(Pampa Buenos Aires)announces progress on Pampa Buenos Aires, Vein Float Samples...
5/25/2011(Volcan)drills 266 m at 1.00 g/t Au, including 56 m at 2.6 g/t Au at...
2/15/2011(Volcan)Drills 104 m at 2.21 g/t Au, Including 30 m at 3.98 g/t Au a...
6/7/2010(Volcan)Drills 110 Metres of 1.72 g/t Gold in the Dorado West Zone
6/1/2010(Volcan)Concludes 2009 Barrick Land Acquisition and Issues 1,408,980...
9/11/2009(Volcan)Increases Measured & Indicated Resources at Volcan Gold Proj...
Corporate news of Andina Minerals Inc.
2/20/2013Hochschild Completes Compulsory Acquisition of Andina Common...
1/14/2013Announces Expiry of Successful Bid by Hochschild Mining plc
11/8/2012Agrees to Friendly Business Combination With Hochschild Mini...
9/27/2012Permit Update
4/25/2012presents at the Denver Gold Group Forum and Precious Metals ...
10/5/2011Provides Corporate Update
12/18/2009Trenching at Ojo de Agua East Encounters Widespread Minerali...
12/10/2009announces exercise of over-allotment option
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