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Minera Andes Announces Argentina Results

Minera Andes Inc. (MAI.TO) announced the results of exploration drilling at its 49% owned San Jose mine in Santa Cruz Province, Argentina. Drilling during the first half of the year was mainly dedicated to infill drilling, whereas drilling during the second half will focus on exploration for new resources. A total drilling program of 50,600 meters is planned for 2011. During the second quarter a total of 58 diamond core holes totaling 14,300 meters were drilled compared to 24 core holes totaling 5,411 meters during the first quarter.

The drilling successfully extended the Dos Lauras vein several hundred meters to the northwest and the known vein strike length is now just over 1,000 meters. In addition, infill drilling was completed with good results on the Micaela, Luli, Susana and Marta veins. Resources defined by the drilling will be reported as part of the year end resource update that will be released near the end of the first quarter of 2012.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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