Andean American Mining Reports 2010 Audited Financial Results

- July 30th, 2010

Andean American Mining Corp. (TSX VENTURE:AAG)(FRANKFURT:AQN) reported that for the year ended March 31, 2010, it incurred a loss of $691,552 or $0.01 per share compared to a loss of $5,738,809 or $0.07 for the same period in 2009.

Andean American Mining Corp. (TSX VENTURE:AAG)(FRANKFURT:AQN) reported that for the year ended March 31, 2010, it incurred a loss of $691,552 or $0.01 per share compared to a loss of $5,738,809 or $0.07 for the same period in 2009.

The press release is quoted as saying:

Andean American Mining Corp.’s main focus is on the Invicta Project held through its 100% owned Peruvian subsidiary Invicta Mining Corp. SAC. The Company maintains an ownership interest in various other mineral properties in Peru, including the Sinchao properties through its 60.17% ownership of Sinchao Metals Corp. (‘Sinchao’), the Mamara properties and those properties adjacent to the Santa Rosa mine which was previously operated by Andean.

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