Andean is an Australian based mineral resource company engaged, through its subsidiaries, in the acquisition, exploration and
development of precious metals properties. The company is listed on both the Australian Stock Exchange and the Toronto
Stock Exchange and remains well funded. To date, the Company has focused entirely on its 100% owned Cerro Negro highgrade
gold and silver project located in the Santa Cruz Province of Southern Argentina. Andean recently completed its
prefeasibility study (“PFS”) of the Cerro Negro project. The PFS was completed based on the previously released gold and
silver mineral resource estim ates at the Vein Zone and Eureka West deposits. The company continues to successfully expand
contained gold resources and prepare for future growth.