Andean Resources (ASX/TSX:AND) today announced continued good drilling success at the high-grade Bajo Negro vein located 10kms's east of the Company's flagship Eureka West Deposit at the Company's 100% owned Cerro Negro gold project in southern Argentina.

Today's results, covering 19 Diamond drill holes, have delivered good step-outs in both directions along the Bajo Negro Vein, extending the vein by over 125 metres to a total strike extent currently of approx. 650m. Bajo Negro is continuing to exhibit excellent grades over minable widths. Highlights from today's results include;

• BDD - 925 which returned 9.4m @ 22.1 g/t Au and 42 g/t Ag from 197m;
• BDD - 932 which returned 15.4m @ 12.0 g/t Au and 28g/t Ag from 260m;
• BDD - 935 which intercepted 5.8m @ 34 .8 g/t Au and 29 g/t Ag from 142m; and
• BDD - 937 which intercepted 9.6m @ 22.1 g/t Au and 30.2 g/t Ag from 266m

The winter drilling programs at Cerro Negro are proceeding very well. Currently, 2 rigs are working to extend the vein to the north-west where quartz vein continues to be intersected a further 150m along strike from the holes reported today. Assays for these latest holes are pending.

A full copy of today's ASX/TSX release, which includes a long section illustrating all the Bajo Negro results received so far, is attached.

Regards,
Morrice Cordiner
Director, Andean Resources
T: +61 2 9276 1245
M: 0412 270 761
E: morrice@bigpond.net.au
Level 7, 151 Macquarie Street, Sydney NSW 2000

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