Minera Andes Reports Second Quarter 2010 Results

Company News

Minera Andes Inc. (TSE:MAI) announce net income of $4.6 million ($0.02 per share basic and diluted) for the three month period ended June 30, 2010, compared to net income of $0.9 million for the three months ended June 30, 2009.

Minera Andes Inc. (TSX:MAI) announce net income of $4.6 million ($0.02 per share basic and diluted) for the three month period ended June 30, 2010, compared to net income of $0.9 million for the three months ended June 30, 2009.

The press release is quoted as saying:

Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: A 49% interest in Minera Santa Cruz SA, owner of the San José Mine, a large primary silver producer that produced 4,998,000 oz of silver and 77,070 oz gold in 2009; 100% ownership of the Los Azules copper deposit; and a portfolio of exploration properties in the highly prospective Deseado Massif region of Santa Cruz Province in southern Argentina. The company has no bank debt.

Click here to access the entire press release

Click here to access Minera Andes Inc. Corporate Site

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