Minera Andes drilling cuts 217 meters (712ft) of 0.77 percent primary copper mineralization at Los Azules project

    TSX: MAI

    SPOKANE, WA, June 6 /CNW/ - Minera Andes Inc. (TSX: MAI; US OTC: MNEAF)
is pleased to report assay results from the remaining core holes drilled
during the 2007-2008 exploration field season at the Los Azules porphyry
copper project. The best intercept is from hole AZ-08-37A which encountered
112 meters of 0.98 % copper within a larger zone of 217 meters of 0.77 %
copper. This hole represents the largest interval of primary copper
mineralization identified on the property to date, it extends the known
mineralization an additional 400 m to the north and is the deepest hole
drilled to date on the property by Minera Andes further confirming the limits
of the copper system have not been defined.

                                  Intersection                         Total
                     TD         From          To       Interval(*)    Copper
    Drill Hole       (m)         (m)          (m)          (m)          (%)
    AZ-08-34        451.8        148         451.8        303.7         0.44
    includes                     148           262          114         0.57
    AZ-08-35      earlier       news       release
    AZ-08-36        387.8        104           182           78         0.42
    AZ-08-37        229.1        114        143.95         29.5         0.52
    AZ-08-37A         541        324           541          217         0.77
    includes                     382           494          112         0.98
    AZ-08-38        341.3        115           304        106.9         0.37
    AZ-08-39    Failed to      reach        target        depth
    AZ-08-40(xx)    146.5        104         146.5         40.9         0.69
    AZ-08-40B(xx)  204.75      124.2         162.2           38         0.56
    AZ-08-41       400.15        133           369          236         0.40
                                 133           285          152         0.47
    AZ-08-42    Failed to      reach        target        depth
    AZ-08-43       137.35         67           131           64         0.69
    AZ-08-44       413.05        164           348          184         0.21
    includes                     322           344           22         0.41
    (*)  True thickness of the copper mineralization is undetermined.
    (xx) Hole abandoned in copper mineralization and failed to reach targeted

    A total of 5,438.34 meters were drilled in 15 vertical core holes during
the 2007-2008 field season to complete Stage I of the exploration program
discussed in Minera Andes News Releases dated November 14 and December 11,
2007. In this recent drilling holes AZ-08-39 and 42 failed to reach the copper
target due to difficult drilling conditions and hole AZ-08-40, and its
redrilled extension AZ-08-40B, only partially penetrated the copper target
bottoming in copper mineralization. AZ-07-37 and -37A were drilled 400 meters
north of the currently defined copper mineralization (see attached map, holes
AZ-06-17 and AZ-07-30). AZ-07-37 was drilled to a depth of 229.1 meters before
being abandoned due to poor drilling conditions. The hole was re-drilled as
AZ-07-37A and encountered primary copper mineralization occurring as
chalcopyrite and bornite from 324 meters to the end of the hole at 541 meters.
Drill holes AZ-08-34, -38, -40, and -40B extended the drilled area to the east
and indicate that medium to high grade copper mineralization is present to the
eastern limit of drilling. Hole AZ-08-41 has expanded copper mineralization to
the west of the known copper mineralization. Hole AZ-08-44 was drilled east of
the high-grade copper mineralization intersected in hole AZ-08-37A and
encountered only low grade copper mineralization, but may have been abandoned
due to bad ground prior to reaching the deep mineralization encountered in
hole AZ-08-37A. Holes AZ-08-36 and 43 further establish the continuity of
mineralization in the core of the copper target.
    Allen Ambrose, president of Minera Andes said "This field season's
program has delivered exceptional copper results at Los Azules and the size of
the target has expanded throughout the drilling program. Drill hole AZ-07-37A
is exciting in that it shows our copper system is open to the north and has
significant potential for target expansion. Our team of engineering
consultants is completing a resource estimate and the necessary work on a NI
43-101 Preliminary Assessment (scoping study) that will include an economic
analysis of the project."
    The exploration program at Los Azules is designed to define an inferred
resource and provide sufficiently detailed engineering and technical
information to allow the completion of an economic scoping study (a
Preliminary Assessment as defined by NI 43-101) of the property by the fourth
quarter of this year.
    Minera Andes is advancing the Los Azules project under an option
agreement (see news release dated November 14, 2007) with Xstrata Copper, one
of the commodity business units within Xstrata plc (London Stock Exchange:
XTA.L and Zurich Stock Exchange: XTRZn.S). The scope and size potential of the
project increased dramatically in 2006 when the Minera Andes drilling
discovered a near surface high-grade area of copper mineralization, when
AZ-06-19 encountered 221 meters of mineralization averaging 1.62% copper that
was 200 meters from hole AZ-06-20 containing 173 meters of 1% copper. Drilling
in several holes ended in copper mineralization, including two holes that
bottomed in high-grade copper over 1%.
    During the last few years, more than half the drilling to define a copper
resource has been completed and drilling this field season was over the known
area of leachable (chalcocite) and sulfide (chalcopyrite) copper
mineralization as currently defined. The area drilled covers approximately 2.5
kilometers by 0.9 kilometers within the enriched copper target currently
identified at Los Azules that is about 3.3 kilometers long and 0.9 kilometers
wide. Holes were drilled at a nominal grid spacing of 200 meters east-west and
400 meters north-south. Where needed, select infill holes were drilled on the
200 meter north-south grid lines.
    Most of the recent drilling has focused on the northern half of the
mineralized copper target. The holes are being drilled to a depth of
approximately 350-500 meters. This drilling tested a known area of leachable
(chalcocite) and sulfide (chalcopyrite) copper mineralization currently
defined by 40 drill holes.
    All results have been reviewed by Brian Gavin, Minera Andes' vice
president of exploration, an appropriately qualified person as defined by
National Instrument 43-101. All samples were collected in accordance with
industry standards. Splits from the drill core samples were submitted to Alex
Stewart Assayers, Argentina, S.A., in Mendoza, Argentina, for sample pulp
preparation and to ALS Chemex Laboratories.

    Minera Andes is a gold, silver and copper exploration company working in
Argentina. The Corporation holds about 304,000 acres of mineral exploration
land in Argentina including the 49% owned San José silver/gold mine that has
recently commenced production. As discussed above, Minera Andes is 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 189,402,435 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. 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 base 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. 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.

    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.

    /NOTE TO PHOTO EDITORS: A photo accompanying this release is available on
    the CNW Photo Network and archived at http://photos.newswire.ca.
    Additional archived images are also available on the CNW Photo Archive
    website at http://photos.newswire.ca. Images are free to accredited
    members of the media/

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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