Progress Report At Minera Andes’ 100 Percent Owned Los Azules Porphyry Copper/Gold Project, Argentina. Press Release, 2004.

Progress Report At Minera Andes’ 100 Percent Owned Los Azules Porphyry Copper/Gold Project, Argentina. Press Release, 2004.

SPOKANE, WASHINGTON–Minera Andes Inc. (TSX-V: MAI; NASD OTCBB: MNEAF) is pleased to announce that the current drill program is progressing on schedule at the Los Azules porphyry copper/gold system in San Juan province, central Argentina and may be expanded if weather conditions allow. In addition to the drilling, a geophysical survey using Xstrata Copper Americas’ proprietary MIMDAS deep penetration, high resolution induced polarization (IP) system is in progress on the property. This survey will assist in selecting drill targets beneath the extensive talus and glacial debris cover on the property.

This work is being undertaken by Nivaldo Rojas and Associates under the supervision of Minera Andes’ technical staff. The geophysical data is being collected by Xstrata Copper Americas under a cooperative arrangement between Minera Andes and Xstrata, a subsidiary of Xstrata PLC (London Stock Exchange: XTA.L and Zurich Stock Exchange: XTRZn.S).

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Progress Report At Minera Andes’ 100 Percent Owned Los Azules Porphyry Copper/Gold Project, Argentina. Press Release, 2004.