Minera Andes Welcomes Lundin Group Mining Executive to Board

    TSX: MAI

    SPOKANE, WA, July 29 /CNW/ - Minera Andes Inc. (TSX: MAI and US OTC:
MNEAF) is pleased to announce that Richard P. Clark, president and CEO of Red
Back Mining Inc, a Lundin Group company, of Vancouver, B.C., has joined the
board of directors of Minera Andes Inc. His appointment represents an
expansion of the board to seven members.
    "It is a pleasure to welcome Rick to the Minera Andes board," said Allen
V. Ambrose, president. "He has the background in South American mining,
project finance and development that compliments our plan to grow the Company.
As Minera Andes completes its first year of production and cash flow from its
San José gold/silver mine in Argentina, and pursues its major copper
opportunity at Los Azules, Rick's professional skills are a welcome addition
to our board."
    A mining professional with more than 20 years experience, Mr. Clark is a
mining lawyer who has wide ranging business experience in the mining sector
from managing exploration companies to developing mines into emerging mid-tier
producing companies with projects Latin America and Africa. Mr. Clark has
grown Red Back from a market capitalization of $40 million to over $1.5

    Minera Andes is a gold, silver and copper exploration company working in
Argentina. The Company holds about 304,000 acres of mineral exploration land
in Argentina including the 49% owned San José silver/gold mine that has
commenced production last year. Minera Andes is also exploring the Los Azules
copper project in San Juan province, where an exploration program is underway
to define a resource and scoping study. Other exploration properties,
primarily silver and gold, are being evaluated in southern Argentina. The
Corporation presently has 189,456,935 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.

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

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