SPOKANE, WA, June 18 /CNW/ - Minera Andes Inc. (the "Corporation" or
"Minera Andes") (TSX: MAI and US OTC: MNEAF) announces that following the
Corporation's annual general and special meeting today, Mr. Robert R. McEwen
has been appointed interim President and Chief Executive Officer of the
Corporation effective immediately, replacing Mr. Allen Ambrose. Mr. Ambrose
was re-elected to the Board of Directors of the Corporation.
Minera Andes would like to thank Mr. Ambrose, a founder of the
Corporation, for his dedication and service to the Corporation. Under Mr.
Ambrose's stewardship, Minera Andes grew from a junior exploration company to
a company with exploration success in Argentina and a significant interest in
a producing mine.
Minera Andes is a gold, silver and copper exploration company working in
Argentina. The Company holds approximately 304,000 acres of mineral
exploration land in Argentina. The producing San José silver/gold mine is 49%
owned by Minera Andes through a joint venture. Minera Andes is also exploring
the Los Azules copper project in San Juan province, where an exploration
program has defined a resource and a scoping study has been completed. Other
exploration properties, primarily silver and gold, are being evaluated in
southern Argentina. The Corporation presently has 230,538,851 shares issued
Caution Concerning Forward-Looking Statements:
This press release contains certain forward-looking statement and
information. The forward-looking statements and information express, as at the
date of this press release, the Corporation's plans, estimates, forecasts,
projections, expectations or beliefs as to future events and results.
Forward-looking statements involve a number of risks and uncertainties, and
there can be no assurance that such statements will prove to be accurate.
Therefore, actual results and future events could differ materially from those
anticipated in such statements. Risks and uncertainties that could cause
results or future events to differ materially from current expectations
expressed or implied by the forward-looking statements include, but are not
limited to, factors associated with fluctuations in the market price of
precious metals, mining industry risks, risks associated with foreign
operations, the state of the capital markets, environmental risks and hazards,
uncertainty as to calculation of mineral reserves and other risks.
For further information:
For further information: please contact: Art Johnson at the Spokane
office, or Krister A. Kottmeier, investor relations - Canada, at the Vancouver
office; Visit our Web site: www.minandes.com; Spokane Office, 111 East
Magnesium Road, Ste. A, Spokane, WA, 99208, USA, Phone: (509) 921-7322,
E-mail: email@example.com; Vancouver Office, 911-470 Granville Street,
Vancouver, B.C., V6C 1V5, Phone: (604) 689-7017, (877) 689-7018, E-mail: