Andina Granted Environmental Impact Declaration for Volcan Gold Project
 
TORONTO, ON Ð Andina Minerals Inc. reported that it has received approval for the Environmental Impact Declaration permit for its Volcan Gold Project, located in Chile's Maricunga Gold Belt, 120 kilometres east of Copiapo. The permitting process required the input and approval from numerous state agencies including the National Environmental Commission, the National Forestry Commission and the National Indigenous Development Corporation. The permit, granted by Chile's Regional Environmental Commission of Region III, Atacama and requiring the concurrence of seventeen administrative bodies of the State, certifies that the project environmental declaration complies with the environmental regulations and formalizes the conditions for further advanced stage exploration activities at Volcan.
"The approval of this Declaration is a significant step forward for Andina as we change our focus from exploration to advancing toward the development of the Volcan Project", said George Bee, President and CEO of Andina. "We will continue to move forward with the Volcan Gold Project in a fully compliant manner as set out in the Declaration, ensuring that we act responsibly and as a good neighbour to all stakeholders in the region."
A limited drilling program has begun with a single diamond drill rig focused on infill drilling in key areas of the Dorado West deposit. It is anticipated that the 2008/2009 drill program will not exceed 6,000 metres with the majority of the drilling focused on the Dorado West deposit in support of gathering information for project development.
Andina has been granted exploration rights to the Rio Astaburuaga aquifer located fifteen kilometres southeast of the Volcan property. The concession is situated twenty kilometres south of Andina's existing water concession which has approved extraction rights of 340 litres per second, thought to be adequate for development of the Volcan property. To-date, Andina has completed twenty one kilometres of geophysical surveys identifying a favourable horizon of sands and gravels representing a high priority aquifer target. An eight hole exploration drilling program is ongoing and, if results warrant, a program of pump testing will commence immediately. Water resources are a strategic asset in Chile, especially on the Maricunga Belt.
The companyÕs address is 56 Temperance St., Suite 300?Toronto, ON?M5H 3V5, 416-203-3488, fax: 416-203-3438, email: [email protected].