Andean Amer Mining Corp.


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1353 Postings, 6753 Tage RöttgenAndean Amer Mining Corp.

 
  
    #1
2
25.07.07 17:43
Nach den News ausgebrochen. Große Chance auf Rebound


Andean American drills 14 m of 18.45 g/t Au at Invicta


2007-07-24 13:11 ET - News Release

Mr. John Huguet reports

ANDEAN AMERICAN MINING CORP.: DIAMOND DRILL HOLE AE-DDH-07-30 INTERSECTS 14.25M GRADING 18.45 G/T GOLD AND 18.50M GRADING 2.87% COPPER AT THE INVICTA PROJECT, PERU

Andean American Mining Corp. has received assays for the interval from 123.5 metres to 180.2 metres. Drill hole AE-DDH-07-30 intersected porphyritic medium-grained andesite and a structure of brecciated andesite cemented with multiple quartz veins. The quartz veins vary from white to light grey, and commonly display open space filling with well-developed quartz crystal terminations.


                SIGNIFICANT INTERSECTIONS

From          To    Interval      Gold    Silver   Copper
    m         m           m       g/t       g/t        %

145.95    160.20       14.25     18.45     18.02     0.46
159.22    177.75       18.50      2.13     56.12     2.87


All the samples were submitted to CIMM Labs in Lima, Peru, for prep and analytical work. CIMM Labs is a certified and accredited laboratory of international standards.

The mineralized structure contains abundant hematite alteration and up to 40 per cent sulphides as blebs of pyrite and chalcopyrite. The sulphide blebs are composed of masses of very fine-grained pyrite and chalcopyrite, and blebs range in size from one millimetre to 10 mm diameter. The distribution of the anomalous gold values and anomalous copper values suggests two separate mineralizing events.

Drill hole AE-DDH-07-30 is the first new infill drill hole that will upgrade inferred resources on the Atenea vein to measured and indicated resources. Core recoveries averaged 97.85 per cent. Quality control and quality assurance programs are in place equal to all National Instrument 43-101 standards.


                                   AE-DDH-07-30

Sample      From       To   Width   Au g/t   Ag g/t    Cu %    Pb %   Zn %

000146    139.55   140.55    1.00     0.15     33.5    1.85    0.08   0.13
000147    140.55   141.55    1.00     0.38     74.9    1.84    0.03   0.06
000148    141.55   142.44    0.89     0.33     22.0    1.36    0.04   0.10
000149    142.44   143.44    1.00     0.02      0.6    0.01    0.00   0.11
000150    143.44   144.44    1.00    -0.01     -0.5    0.00    0.00   0.08
000151    144.44   145.95    1.51     0.22     -0.5    0.02    0.00   0.06
000152    145.95   146.95    1.00    31.92     19.4    0.13    0.24   0.67
000153    146.95   147.95    1.00     1.41     16.5    0.49    0.36   0.12
000154    147.95   148.95    1.00    31.23      8.6    0.16    0.05   0.08
000156    148.95   149.95    1.00    28.13      5.4    0.07    0.01   0.04
000157    149.95   150.95    1.00    21.03     34.1    0.46    0.04   0.07
000159    150.95   151.95    1.00    27.61     34.3    1.03    0.24   0.42
000161    151.95   153.00    1.05     3.15     15.5    1.20    0.21   0.07
000162    153.00   154.00    1.00    13.50     11.3    0.40    0.02   0.06
000163    154.00   155.23    1.23    42.56     22.2    0.30    0.01   0.06
000164    155.23   156.23    1.00     9.43      5.0    0.07    0.02   0.06
000165    156.23   157.22    0.99     0.25      4.4    0.20    0.19   0.06
000166    157.22   158.22    1.00     7.83     10.1    0.38    0.09   0.06
000167    158.22   159.22    1.00    25.83     21.1    0.16    0.05   0.05
000168    159.22   160.20    0.98     9.31     43.9    1.44    0.38   0.67
000169    160.20   161.20    1.00     0.34     19.6    1.04    0.22   0.36
000170    161.20   162.20    1.00     1.31     42.3    1.67    0.06   0.02
000171    162.20   163.20    1.00     0.50     48.8    4.18    0.53   0.64
000172    163.20   164.20    1.00     1.39     43.4    2.72    0.18   0.41
000173    164.20   165.20    1.00     1.81     55.3    1.13    0.09   0.05
000174    165.20   165.95    0.75     0.35     28.4    1.37    0.18   0.20
000176    165.95   166.70    0.75     0.54     46.5    3.09    2.16   1.18
000177    166.70   167.80    1.10     0.35      157    3.05   21.78   2.51
000179    167.80   168.80    1.00     0.86     18.7    0.96    0.06   0.05
000180    168.80   169.80    1.00     2.56     51.3    2.46    0.04   0.03
000182    169.80   170.80    1.00     1.66     88.4    5.89    0.04   0.03
000183    170.80   171.80    1.00     0.92     33.7    2.50    0.05   0.03
000184    171.80   172.80    1.00     2.05     61.2    4.48    0.03   0.03
000185    172.80   173.80    1.00    11.47      183    4.24    0.03   0.02
000186    173.80   174.80    1.00     0.64     41.7    1.86    0.02   0.03
000187    174.80   175.75    0.95     0.38     20.0    1.31    0.02   0.02
000188    175.75   176.75    1.00     0.40     14.1    0.82    0.04   0.04
000189    176.75   177.75    1.00     2.02     19.4    1.48    0.02   0.01
000190    177.75   178.75    1.00     0.18      9.5    0.12    0.01   0.02
000191    178.75   179.35    0.60     0.41     41.4    0.64    0.04   0.07
         139.55   179.35   39.80     7.38    34.85    1.46    0.73   0.22


At Invicta the diamond drill program continues to upgrade the inferred resources to the measured category and results will be released as they are received. There are currently two drills working on the property with an additional two machines programmed for the end of the month. A minimum of 3,500 metres of drilling will be completed at the Atenea vein system. In addition, approximately 7,200 metres of drilling will commence on the Ydalia vein and zones 4, 5, 7, Azulmina and Manuel structures, which have not been drill tested. Further work currently being done includes a 150-tonne metallurgical sample being taken at 3,587 metres and a three by three m exploration adit being drifted at 3,400 metres which will be enlarged to 4.2 m by 4.5 m for exploitation. This 600 m long adit is advancing at 150 m per month. This will facilitate deeper exploration and possibly initial production.

A geophysical survey comprising 80 line kilometres of ground magnetometry has been completed over the Atenea and Ydalia vein systems and an 80-line-kilometre induced polarization survey has commenced. Regional mapping and sampling will evaluate geochemical and satellite anomalies, and other reported mineralized showings on the 16,900-hectare Invicta property.

Current measured and indicated resources total 4.8 million tonnes grading 3.58 g/t gold, 33.46 g/t silver and 0.68 per cent copper with additional inferred resources of 8.3 million tonnes with a grade of 2.14 g/t gold, 15.10 g/t silver and 0.47 per cent copper per NI 43-101 technical report of October, 2006.

The NI 43-101 technical report outlined additional geological potential of 14 million tonnes averaging 2.82 g/t Au, 34.13 g/t Ag, 1.16 per cent Cu, 0.54 per cent Zn and 0.49 per cent Pb.

Andrew Gourlay, PGeo, is the qualified person for the technical information in this news release.
 
29 Postings ausgeblendet.
Seite: < 1 | 2 | 3 >  

1353 Postings, 6753 Tage RöttgenVolumen nimmt zu

 
  
    #31
30.10.07 19:46
Time      Ex Price  Change Volume Buyer Seller    Markers
14:18:21  V  0.72  +0.01  41,000  1  Anonymous  79  CIBC  K  

14:18:21  V  0.72  +0.01  9,000  1  Anonymous  79  CIBC  K  

14:18:12  V  0.74  +0.03  35,000  1  Anonymous  80  National Bank  K  

14:18:12  V  0.73  +0.02  15,000  1  Anonymous  1  Anonymous  K  

14:17:45  V  0.72  +0.01  4,000  1  Anonymous  9  BMO Nesbitt  K  

14:17:12  V  0.73  +0.02  12,000  1  Anonymous  1  Anonymous  K  

14:17:12  V  0.73  +0.02  11,000  1  Anonymous  89  Raymond James  K  
 

1353 Postings, 6753 Tage Röttgen0,74

 
  
    #32
30.10.07 20:05

1353 Postings, 6753 Tage RöttgenBei Advanced Ex. war

 
  
    #33
30.10.07 20:22
ich erst auch so  einsam.  

1353 Postings, 6753 Tage Röttgen0,5 Mill. Stücke

 
  
    #34
31.10.07 09:55
in Canada gehandelt.
in 4 tagen in Canada 2,2 Mill Stück.


Andean am Wochenende in München auf der Messe.  

1353 Postings, 6753 Tage RöttgenWieder starkes Volumen in Canada

 
  
    #35
31.10.07 16:24
Time     Ex Price Change  Volume Buyer Seller Markers
10:59:43  V  0.72  +0.01  10,000  7  TD Sec  2  RBC  K  

10:17:05  V  0.71  -      15,000  79  CIBC  83  Research Cap  K  

10:12:56  V  0.71  -      25,000  79  CIBC  15  UBS  K  

10:06:14  V  0.72  +0.01  15,000  9  BMO Nesbitt  2  RBC  K  

10:04:56  V  0.71  -      10,000  79  CIBC  80  National Bank  K  

10:02:12  V  0.72  +0.01  25,000  79  CIBC  2  RBC  K  

10:02:03  V  0.72  +0.01  17,000  79  CIBC  2  RBC  K  

09:59:11  V  0.72  +0.01  3,000  15  UBS  2  RBC  K  

09:55:59  V  0.72  +0.01  3,500  79  CIBC  2  RBC  K  

09:44:47  V  0.72  +0.01  40,000  59  PI  2  RBC  K  
 

1353 Postings, 6753 Tage RöttgenBis jetzt 400000 Stück gehandelt

 
  
    #36
31.10.07 17:06
Andean ist in München auf der Messe.


  Time   Ex Price Change  Volume  Buyer Seller Markers
11:38:13  V  0.72  +0.01  20,000  59  PI  64  Octagon  K  

11:37:24  V  0.72  +0.01  30,000  59  PI  64  Octagon  K  

11:34:27  V  0.72  +0.01  20,000  27  Dundee  64  Octagon  K  

11:33:20  V  0.72  +0.01  50,000  27  Dundee  64  Octagon  K  

11:27:21  V  0.72  +0.01  55,000  59  PI  2  RBC  K  

11:24:59  V  0.70  -0.01  4,500  2  RBC  80  National Bank  K  

11:18:31  V  0.72  +0.01  20,000  27  Dundee  2  RBC  K  

10:59:43  V  0.72  +0.01  10,000  7  TD Sec  2  RBC  K  

10:17:05  V  0.71  -   15,000  79  CIBC  83  Research Cap  K  

10:12:56  V  0.71  -   25,000  79  CIBC  15  UBS  K  
 

1353 Postings, 6753 Tage RöttgenNews

 
  
    #37
31.10.07 17:50

Andean American names Gourlay president, director


2007-10-31 12:24 ET - News Release

Mr. John Huguet reports

ANDEAN AMERICAN APPOINTS ANDREW GOURLAY AS PRESIDENT

Andean American Mining Corp. has appointed Andrew Gourlay, PGeol, as president and director.

Mr. Gourlay brings many years of successful international exploration and technical background experience to the company. Mr. Gourlay is an accomplished mineral exploration geologist who has worked for about three decades as a professional geologist, qualified person and author of numerous National Instrument 43-101 reports. A graduate of the University of British Columbia in 1977, Mr. Gourlay has extensive exploration and management experience throughout Asia, North America and South America. Mr. Gourlay is a professional geologist registered with the Association of Professional Engineers, Geologists and Geophysicists of Alberta and a fellow of the Geological Association of Canada. Mr. Gourlay is the president of Sinchao Metals Corp., of which Andean American owns 67 per cent.


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1353 Postings, 6753 Tage Röttgen700000 Stück gehandelt

 
  
    #38
31.10.07 17:51
Nächste Woche will sie jeder.  

1353 Postings, 6753 Tage RöttgenAus dem WO

 
  
    #39
05.11.07 16:53
 #1185 von haemahigemao    05.11.07 10:34:50    Beitrag Nr.: 32.287.585
Dieses Posting:   versenden |  melden |  drucken |  Antwort schreiben |    
 

Folgende Antwort bezieht sich auf Beitrag Nr.: 32.286.282  von Zwiebeltretter am 05.11.07 08:44:43
--------------------------------------------------
Abgeschrieben aus nem Börsebrief:

Folgende Gründe sprechen für ein Halten oder einen Kauf : demnächst Erstnotiz in Peru !!! , während der Handelsaussetzung in Canada wurde weiter gebohrt, die Ergebnisse werden sich sehen lassen und für den Newsflow der nächsten Wochen ist gesorgt. Und last but not least ist AAG 2/3 Teilhaber bei Sinchao (SMZ) - allein diese haben sich binnen 4 Wochen verdreifacht und der Wert dieser Beteiligung liegt höher, als die aktuelle Markkapitalisierung !!!! Eine unmittelbare Verdoppelung noch heuer würde dieser Entwicklung am ehesten entsprechen

Freunde kauft sonst läuft sie davon !

 

1353 Postings, 6753 Tage Röttgen10 % + in Canada

 
  
    #40
05.11.07 18:37
Wenn es so bleibt,dann morgen hier 0,55€  

1353 Postings, 6753 Tage RöttgenFast 430.000 Stück

 
  
    #41
05.11.07 20:18
in Canada gehandelt.  

1353 Postings, 6753 Tage RöttgenImmer schön langsam

 
  
    #42
06.11.07 16:51

1353 Postings, 6753 Tage RöttgenImmer nach oben.

 
  
    #43
06.11.07 17:06
Wie oben berichtet, war unsere Perle am Wochenende in München auf der Messe.
Seit dem ist der Umsatz hier etwas grösser geworden.Ich bin guter Hoffnung
das wir Unterstützung gekommen durch eine BB.

Viel Glück



Advanced wurde von RSR seit letzter Woche unterstützt.

Vieleicht nächste Woche hier!
 

1353 Postings, 6753 Tage RöttgenBis jetzt

 
  
    #44
06.11.07 17:08
wurden in Canada schon fast 500.000 Stück gehandelt.  

1353 Postings, 6753 Tage Röttgenfast 850.000 stück in Can

 
  
    #45
06.11.07 17:47

1353 Postings, 6753 Tage RöttgenWAs für ein Volumen in Can

 
  
    #46
06.11.07 18:01
Wenn hier der newsflow in den nächsten Wochen stimmt, dann werden wir die 1 sehen.  

1353 Postings, 6753 Tage RöttgenWarum solange warten

 
  
    #47
06.11.07 20:50

1353 Postings, 6753 Tage Röttgen+15% 1,2Mill Stück gehandelt

 
  
    #48
07.11.07 06:31

1353 Postings, 6753 Tage RöttgenVon Gestern

 
  
    #49
23.11.07 19:57

Andean American grants 76-cent option to director


2007-11-22 19:46 ET - Options Proposed

Mr. John Huguet reports

ANDEAN AMERICAN MINING CORP.: CORPORATE UPDATE

Andean American Mining Corp. has granted 100,000 options to a director of the company. The options will have a term of five years. The options will vest over 12 months and have an exercise price of 76 cents.

 

1353 Postings, 6753 Tage RöttgenVom 26.11.07

 
  
    #50
1
29.11.07 17:36

Andean American prepares NI 34-101 report for Invicta


2007-11-26 14:18 ET - News Release

Mr. John Huguet reports

ANDEAN AMERICAN MINING ANNOUNCES PREPARATION OF NI 43-101 TECHNICAL REPORT ON THE INVICTA PROPERTY, PERU

Andean American Mining Corp. has engaged Wardrop Engineering Inc. to prepare a National Instrument 43-101 technical report on its advanced exploration Invicta property in Peru. The report will be an update to the NI 43-101 Invicta technical report dated July 24, 2007. The report will provide an updated resource estimate which will include drill results from the current continuing 13,000-metre drill program. Work on the technical report is expected to be completed in February, 2008. If warranted, a feasibility report could be initiated upon completion of the updated NI 43-101 technical report.

Tom Stubens, PEng, a senior geologist at Wardrop Engineering, has been appointed the qualified person to author the report. Mr. Stubens has over 25 years of experience in the mining industry. He has geological and operational field experience and an advanced knowledge of geostatistics and resource estimation. Prior to joining Wardrop, Mr. Stubens was a senior geologist with Canico Resource Corp. In addition, he worked with Placer Dome Inc. from 1989 to 2001, where he worked as the manager of exploration and resource estimation for a number of projects and was also the manager of the resource exploration group. Mr. Stubens is a member of the association of professional engineers and geoscientists (British Columbia) and a member of the Canadian Institute of Mining.

The 22,200-hectare Invicta project hosts low-sulphidation epithermal-style gold-silver-copper mineralization. The project is located in west-central Peru in the department of Lima, the province of Huaura, approximately 250 kilometres by road northeast of the city of Lima, at an altitude of 3,400 metres.

We seek Safe Harbor.

 

1353 Postings, 6753 Tage RöttgenNews

 
  
    #51
1
11.12.07 18:13

Andean American samples 18 m of 3.47 g/t Au at Invicta


2007-12-11 10:07 ET - News Release

Mr. John Huguet reports

ANDEAN AMERICAN MINING CORP.: UNDERGROUND SAMPLING OF 3400 LEVEL CROSSCUT INTERSECTS SIGNIFICANT GOLD AT THE INVICTA PROJECT, PERU

Andean American Mining Corp. has provided initial results from underground sampling of the 3,400-level crosscut on the Atenea vein, at the Invicta property in Peru.

The 3,400-level adit is being driven parallel to, and in the hangingwall of, the Atenea vein structure to provide access to drill test the Atenea vein at a depth below 3,400-metre elevation. The anticipated total length of the 3,400-level adit is 600 metres. The adit has presently been advanced to 215 metres length and a crosscut of approximately 200 metres has been driven off to the north from the 200-metre point. The Atenea vein structure was intersected at approximately 150 metres in the crosscut, with apparent widths of 18 m and 15.5 m exposed in the west and east walls respectively. True widths are estimated to be approximately 85 per cent of the apparent widths. In both walls, there are zones of higher grade mineralization adjacent to the north and south contacts.


    PANEL SAMPLING RESULTS

West wall                 East wall

18.0 m (full width)       15.55 m (full width)
3.47 g/t Au               2.16 g/t Au
36.9 g/t Ag               42.9 g/t Ag
0.80% Cu                  0.92% Cu
0.93% Pb                  1.15% Pb
0.82% Zn                  0.81% Zn

Including (south side)    Including (south side)
7.0 m                     6.0 m
5.74 g/t Au               4.14 g/t Au
48.5 g/t Ag               46.6 g/t Ag
1.33% Cu                  1.12% Cu
1.93% Pb                  2.68% Pb
1.66% Zn                  1.58% Zn

and                       and

4.0 m (north side)        2.6 m (north side)
3.86 g/t Au               2.33 g/t Au
67.5 g/t Ag               117.5 g/t Ag
0.87% Cu                  1.53% Cu
0.52% Pb                  0.43 Pb
0.35% Zn                  0.25% Zn

A tunnel of approximately 80 metres length has been driven along the Atenea vein to the east and short crosscuts of approximately 15 m to 20 m length have been made at 20-metre intervals. These crosscuts are being mapped and sampled. Mineralization is continuous over the 80 m of strike length and remains open in both directions.

The Atenea vein mineralization consists of a quartz-cemented hydrothermal breccia with variable amounts of pyrite, chalcopyrite, galena, sphalerite and traces of bornite in the quartz. The sulphides are generally coarse grained and vary from disseminated to massive. Breccia fragments are chiefly altered andesite. Both the footwall and hangingwall contacts are sharp and defined by a zone of fault gouge. The bounding faults dip to the south at between 60 and 70 degrees.

The 3,400-level adit intersected massive andesite, cut by quartz veinlets ranging in width for one centimetre to 40 cm. The crosscut intersected the same massive andesite and medium grained diorite, with weak chlorite and epidote alteration and traces of disseminated pyrite. In the crosscut both rock types are cut by nine quartz veins ranging in width from two cm to 1.5 m, which trend subparallel to the Atenea vein structure. Assays for these veins ranged from background to peak values of 14.98 grams per tonne (g/t) Au, 136.0 g/t Ag, 3.39 per cent Cu, 9.64 per cent Pb and 24.77 per cent Zn, generally over narrow widths. The connection, if any, of these hangingwall veins with the main Atanea vein has yet to be determined.

The Atenea vein has been traced for over 350 metres on surface and to a depth of approximately 350 metres, and remains open along strike and to depth.

The recently completed drill program, in conjunction with the underground sampling and drilling, is designed to upgrade the current resource estimates of 4,739,500 tonnes grading 2.73 g/t Au, 18.3 g/t Ag and 0.45 per cent Cu in the measured and indicated categories, with an additional 6,088,700 tonnes grading 1.44 g/t Au, 15.7 g/t Ag and 0.53 per cent Cu in the inferred category. Resource estimates are from the National Instrument 43-101 Invicta technical report filed on SEDAR and dated July 24, 2007.

The Atenea vein is the most advanced target of eight identified in the Invicta property, which covers 22,200 hectares. The company is very pleased with the initial results of the underground exploration program and additional results will be released as they are received.

We seek Safe Harbor.
 

1353 Postings, 6753 Tage RöttgenNews

 
  
    #52
21.12.07 18:07

Andean American drills 8.09 m of 7.19 g/t Au at Invicta


2007-12-21 10:12 ET - News Release

Mr. John Huguet reports

ANDEAN AMERICAN INTERSECTS 8.09 METRES GRADING 7.19 G/T AU, 196.2 G/T AG AND 0.95% CU AT THE INVICTA PROJECT, PERU

Andean American Mining Corp. is releasing the results from additional infill diamond drilling on the Atenea structure in its Invicta property in Peru.

Hole AE-DDH-07-34 was drilled on Section ATE-6NW and intersected the Atenea structure approximately 125 metres below surface, between drill holes 4411-97-06 and 4411-97-15, drilled by Pangea in 1997. Drill hole 4411-97-06 intersected 5.92 grams per tonne (g/t) gold (Au), 20.5 g/t silver (Ag) and 0.29 per cent copper (Cu) over a true width of 16.66 metres, and drill hole 4411-97-15 intersected 0.96 g/t Au, 125.1 g/t Ag and 3.55 per cent Cu over a true width of 1.54 metres.


                          DRILL HOLE AE-DDH-07-34

         From      To       Width    Estimated true    Au      Ag      Cu
          (m)      (m)       (m)        width (m)     (g/t)   (g/t)    (%)

        120.35   147.36     27.01         18.5        4.15     93.7    0.60
incl.    120.8    127.7       6.9           3.17       1.33     26.9    0.65
        134.0    145.9      11.9           8.09       7.19    196.2    0.95



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1353 Postings, 6753 Tage Röttgennews vom 7.1

 
  
    #53
10.01.08 18:37

Andean samples 15.45 m of 1.3 g/t Au, 55.3 g/t Ag


2008-01-07 09:46 ET - News Release

Mr. John Huguet reports

ANDEAN AMERICAN MINING CORP.: UNDERGROUND DEVELOPMENT CONTINUES TO ENCOUNTER SIGNIFICANT WIDTHS AND GRADES AT THE INVICTA PROJECT, PERU

Andean American Mining Corp. has provided results from sampling of crosscut 1S on the 3,400-level adit on the Atenea vein structure, at the Invicta property in Peru.

The 3,400-level adit is being driven at the 3,400-metre elevation parallel to, and in the hangingwall of, the Atenea vein structure, to provide access to drill test the Atenea vein structure below the 3,400 m level. The anticipated total length of the 3,400-level adit is 600 metres. A crosscut of approximately 200 metres has been driven north from the 200-metre point. The Atenea vein structure was intersected at approximately 150 metres in the crosscut, and with widths of 18 m and 16 m for the west and east walls, respectively (see news in Stockwatch on Dec. 11, 2007).

A tunnel of approximately 80 metres length has been driven along the Atenea vein structure to the east, and four short crosscuts of approximately 15 m to 20 m length have been made at 20-metre intervals. The crosscuts are designed to determine the width of the Atenea vein structure and provide access for mapping and sampling. Mineralization is continuous over the 80 m of strike length and remains open in both directions. Results have been received for crosscut 1S, the first crosscut. True widths are estimated to be 85 per cent of the apparent widths.


 SIGNIFICANT INTERSECTIONS

West wall           East wall

15.45 m             14.0 m
1.31 g/t Au         5.17 g/t Au
55.3 g/t Ag         78.7 g/t Ag
1.53% Cu            2.06% Cu
2.26% Pb            2.32% Pb
1.42% Zn            0.72% Zn

These intersections are consistent with those previously reported in the access crosscut and confirm the potential of the Atenea vein structure in this area to be significantly wider than that estimated from drilling.

The Atenea vein structure consists of quartz-cemented hydrothermal breccia with variable amounts of pyrite, chalcopyrite, galena, sphalerite and traces of bornite. The quartz varies from white to grey, and displays acicular crystals, cockade textures and open-spaced filling, with rare vugs lined with quartz crystals to five-centimetre size. The sulphides within the quartz vary from disseminated to massive. The bounding faults dip to the south at between 60 and 70 degrees.

The 3,400-level adit intersected massive andesite and medium grained diorite, with weak chlorite and epidote alteration and traces of disseminated pyrite. The diorite and the andesite in the crosscut are both cut by nine quartz veins ranging in width from two cm to 1.5 m, which trend subparallel to the Atenea vein structure. On surface, the Atenea structure has been traced for over 350 metres and has been traced by drilling to a depth of approximately 350 metres. The structure remains open along strike and to depth.

The recently completed drill program, in conjunction with the underground sampling and drilling, is designed to upgrade the current resource estimates of 4,739,500 tonnes grading 2.73 grams per tonne (g/t) Au, 18.3 g/t Ag and 0.45 per cent Cu in the measured and indicated categories, with an additional 6,088,700 tonnes grading 1.44 g/t Au, 15.7 g/t Ag and 0.53 per cent Cu in the inferred category. Resource estimates are from the National Instrument 43-101 Invicta technical report dated July 24, 2007.

The Atenea structure is the most advanced target of eight identified in the Invicta property, which covers 22,200 hectares. The company is very pleased with the initial results of the underground exploration program and additional results will be released as they are received.

Andrew Gourlay, PGeol, president of Andean American Mining, is a qualified person as defined in the Canadian Securities Administrators National Instrument 43-101 with the ability and authority to verify the authenticity and validity of technical and scientific data. This news release has been prepared under Mr. Gourlay's supervision. All samples were prepared and analyzed by CIMM Labs in Lima, Peru, an ISO-accedited laboratory. Standard reference materials, blanks and field duplicates were inserted prior to shipment from site to monitor the quality control of the analytical data.

We seek Safe Harbor.
 

1353 Postings, 6753 Tage RöttgenNews

 
  
    #54
07.02.08 12:21
DJ IRW-PRESS: Andean American Mining Corp.: Andean American an der Lima Stock Exchange gelistet

08:10 07.02.08  


Andean American an der Lima Stock Exchange gelistet

Andean American Mining Corp. (TSX.V-AAG) (FWB-AQN) freut sich mitzuteilen,
die Genehmigung, Stammaktien an der  Bolsa de Valores de Lima" (die "Börse
Lima") zu handeln, erhalten zu haben. Der Handel wird am 7. Februar 2008
unter dem Symbol AAG beginnen. Gefördert wird Andean American dabei von der
Scotia Bolsa S.A, das Brokerhaus der Scotiabank in Peru, wo diese als
drittgrößte Bank gilt.

Der Hauptindex der Börse Lima stieg von Dezember 2004 bis Dezember 2007 um
286,1%. Der Mining-Index, welcher mehr als 50% der Börsenlistings in Lima
ausmacht, konnte einen Zuwachs von 367% im selben Zeitraum vermerken. Der
Junior-Sektor der Börse Lima wächst schnell. Der Anfang wurde 2005 mit einem
Gesamtkapital von $13,92 Mio. US-Dollar gemacht, welches bis Ende 2007 auf
$444,33 Mio. US-Dollar gesteigert wurde. Aufgrund des starken Interesses der
peruanischen Investoren am Bergbau wird erwartet, dass der Zuwachs sich
weiter fortsetzt.

John Huguet, Chairman und CEO, sagte dazu: "Peru verfügt über eine weite
Entwicklung im Bergbau und die Mehrheit der an der Börse in Lima gelisteten
Unternehmen sind in Mining involviert. Andean American ist sehr daran
interessiert, der peruanischen Anlegerschaft die Möglichkeit zu bieten, am
Wachstum unseres Unternehmens teilzuhaben; vor allem mit dem Projekt
Invicta, das sich auf die Machbarkeitsstudien-Phase zubewegt und den
Fortschritten des Sinchao Projektes. Das Listing an der Börse Lima wird den
Ablauf sehr vereinfachen.

Andean American Mining Corp. (TSX.V: AAG) (FWB: AQN) ist ein internationales
Bergbau- und Explorationsunternehmen, dessen Schwerpunkt auf Wachstum durch
Käufe liegt. Das Unternehmen ist aktiv auf der Suche nach neuen Zielen mit
potenziellen Gold- und Silbergrundstücken in Peru, die sich noch in einem
frühen Stadium befinden, und besitzt zurzeit drei wesentliche Aktiva: das
22.200 Hektar große Gold-Silber-Kupfer-Projekt Invicta, das sich bereits in
einem fortgeschrittenem Explorationsstadium befindet; 58% von Sinchao Metals
Corp., dem Besitzer des Zink-Kupfer-Silber-Gold-Blei-Projektes Sinchao; und
das 9.000 Hektar große Grundstück Santa Rosa - eine kleine produzierende
Tagebaumine.

Im Namen von Andean American Mining Corp.,

"John Huguet"

John Huguet

Chairman & CEO

Für weitere Informationen rufen Sie bitte (604) 681-6186 oder gebührenfrei:
1-888-356-4784. Sie können uns auch im Internet besuchen:
www.andeanamerican.com

Diese Pressemitteilung könnte vorausblickende Informationen gemäß dem
Securities Act (Ontario) ("vorausblickende Aussagen") enthalten. Solche
vorausblickenden Aussagen könnten die Pläne des Unternehmens hinsichtlich
seiner Mineralprojekte, des gesamten wirtschaftlichen Potenzials seiner
Grundstücke sowie der Verfügbarkeit einer entsprechenden Finanzierung
beinhalten und bergen bekannte und unbekannte Risiken, Ungewissheiten und
andere Faktoren in sich, die dazu führen könnten, dass sich die
tatsächlichen Ergebnisse, Leistungen oder Erfolge erheblich von jenen
unterscheiden, die in solchen vorausblickenden Aussagen zum Ausdruck
gebracht wurden. Solche Faktoren beinhalten unter anderem Risiken und
Ungewissheiten hinsichtlich potenzieller politischer Gefahren, da die
Betriebe des Unternehmens einer fremden Rechtssprechung unterliegen,
Ungewissheiten bezüglich der Produktions- und Kostenschätzungen und des
Potenzials für unerwartete Kosten und Ausgaben, physische Gefahren eines
Bergbaubetriebes, Kursschwankungen von Währungen, Preisschwankungen bei Gold
und anderen Metallen, Abschluss von wirtschaftlichen Evaluierungen,
Änderungen der Projektparameter durch geänderte Pläne, das Ausbleiben einer
zeitgerechten Finanzierung sowie andere Risiken und Ungewissheiten,
einschließlich jener, die in den Financial Statements, Management Discussion
and Analysis und in den Material Change Reports des Unternehmens mit den
Canadian Securities Administrators veröffentlicht wurden und auf
www.sedar.com aufgerufen werden können.

Die TSX Venture Exchange hat diese Pressemitteilung nicht überprüft und
übernimmt keine Verantwortung für die Richtigkeit derselben.

Für die Richtigkeit der Übersetzung wird keine Haftung übernommen! Bitte
englische Originalmeldung beachten!
20080207 0735
office@ir-world.com

Andean American Mining Corp.


(END) Dow Jones Newswires

February 07, 2008 01:37 ET (06:37 GMT)

 

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