Ann: Drilling and Project Update , page-3

Sydney, 20 October 2009
Andean Announces Drilling and Project Update
Andean Resources (ASX/TSX:AND) today announced continued drilling success at the high grade Bajo Negro vein at the Company’s 100% owned Cerro Negro gold project in Southern Argentina.
Today’s results, covering 16 drill holes, continued to extend the Bajo Nego vein by another 150 meters along strike to the north west of previous drilling, in addition to successful delineation drilling. The vein remains open along strike and to depth along the majority of its currently defined strike length of 1.1 kilometers.
The Company also announced its plans to include the resource from Bajo Negro, which will be completed in the first quarter 2010, in the Bankable Feasibility Study. The inclusion of the Bajo Negro resource is expected to add significantly to the already robust economics of the Cerro Negro project. This modified study, including the new high grade vein, will be completed in the June quarter of 2010.
The 2009/10 Cerro Negro exploration program continues as planned with float sampling, geological mapping, ground magnetics and induced polarization surveys underway at the Mariana and San Marcos targets. Drill testing of these new targets is anticipated during the current Quarter.


cheers