Minera Andes announces new Chief Financial Officer

    TSX: MAI

    SPOKANE, WA, Nov. 9 /CNW/ - Minera Andes Inc. (TSX: MAI and US
OTC: MNEAF) announces the appointment of Henry John as Chief Financial Officer
of the Company.
    Mr. John, a chartered accountant in British Columbia since 1974 and a
certified public accountant in Washington State since 1998, has accounting and
auditing experience with public corporations, including junior
exploration/mining companies. In Spokane, he has been associated with the
accounting firm of LeMaster & Daniels where his duties included audits, review
and regulatory oversight compliance. During 2006, while with LeMaster &
Daniels, Mr. John performed Sarbanes-Oxley work for Minera Andes, and is
familiar with the company through this engagement. Mr. John succeeds William
Schara who has been named chief executive officer for a start-up exploration
    Allen V. Ambrose, president of Minera Andes said, "I am pleased to
welcome Henry John to Minera Andes. His broad-based experience in accounting
and administrative oversight will benefit the Company as it experiences
increased silver/gold production at the San José mine and progresses its Los
Azules copper exploration project. I also wish to take this opportunity to
thank Bill Schara for his service as CFO of Minera Andes. We wish Bill well in
his new position."

    Minera Andes is a gold, silver and copper exploration company working in
Argentina. The Corporation holds about 410,000 acres of mineral exploration
land in Argentina including the co-owned San José silver/gold mine that has
started initial production. Minera Andes is also exploring the Los Azules
copper project in San Juan province, where an exploration program is underway
to define a resource. Other exploration properties, primarily silver and gold,
are being evaluated in southern Argentina. The Corporation presently has
166,832,517 shares issued and outstanding.

    This news is submitted by Allen V. Ambrose, president and director of
Minera Andes Inc.

    Caution Concerning Forward-Looking Statements:
    This press release contains certain "forward-looking statements",
including, but not limited to, the statements regarding the Company's
strategic plans, evolution of mineral resources and reserves, work programs,
development plans and exploration budgets at the Company's San José Project.
Investors should be aware that the introduction of new technology such as ILR
can create added risk in achieving metallurgical performance. The
forward-looking statements express, as at the date of this press release, the
Company'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, dilution risks to it 49% ownership by not being able to contribute
pro-rata to Minera Santa Cruz S.A. cash calls, and other risks. Reference is
made to the risk factors and uncertainties described in the Company's
continuous disclosure record, a copy of which is available under the Company's
profile at www.sedar.com. In addition, Minera Andes' joint venture partner, a
subsidiary of Hochschild Mining plc, and its affiliates do not accept
responsibility for the use of project data or the adequacy or accuracy of this

    Cautionary Note to U.S. Investors:
    The United States Securities and Exchange Commission (the "SEC") permits
mining companies, in their filings with the SEC, to disclose only those
mineral deposits with "mineral reserves" that a company can economically and
legally extract or produce. We use certain terms in this press release, such
as "mineral resources", that the SEC guidelines strictly prohibit us from
including in our filings with the SEC.

For further information:

For further information: 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: info@minandes.com;
Vancouver Office,  911-470 Granville Street, Vancouver, B.C., V6C 1V5, Phone:
(604) 689-7017, (877) 689-7018, E-mail: ircanada@minandes.com

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