North Bergen, New Jersey 10/10/2009 1:36:02 AM
News / Business

Minera Andes Announces the Third Quarter 2009 Production Results from the San Jose Mine

Minera Andes Inc. (TSX: MAI) has announced their production results for the San Jose mine for the third quarter of 2009. During the third quarter the mine produced 1,402,000 ounces of silver and 22,470 ounces of gold of which 49% it attributable to Minera Andes. The production in the third quarter for silver was 11% higher and gold production was 24% higher compared to the second quarter of 2009. Sales of silver were 4% higher and gold was 28% higher in the third quarter of 2009 compared to the second quarter from the higher production and products inventory decrease.

 

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Minera Andes Inc. (Minera Andes) is engaged in the exploration and development of mineral properties, located in the Republic of Argentina with a focus on gold, silver, and copper. The Company’s properties and projects consist of mineral rights and applications for mineral rights covering approximately 304,221 acres in Argentina. The Company operates two projects: San Jose Project and Los Azules Project.

 

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