Andean Amer Mining Corp.

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.

 
 Andean American Mining Corp  
 Symbol   AAG  
 Shares Issued   52,403,489  
 Close 2007-07-23   C$ 0.53    
 Recent Sedar Documents

2007-07-24 13:11  0.53  News Release  Andean American drills 14 m of 18.45 g/t Au at Invicta  

2007-07-24 13:05  0.53  Resume Trading  Andean American to resume at 10:45 a.m. PT  

2007-07-24 12:05  0.53  Halt Trading  Andean American halted at 9:03 a.m. PT  

2007-07-04 17:52  0.54  News Release  Andean American retracts Invicta projections etc.  

2007-07-04 13:41  0.51  News Release  Andean American recounts the last 15 months  

Vol  #Tr  Bid  Ask  
2007-07-25  V :  586,389    

2007-07-24  V :  1,333,455  

In Deutschland steigt man erst ein, wenn in Canada schon 50% gemacht wurden.

0,62 $  = 0,434 €

Canada 0,65$ = 0,45€

11:05:37  V  0.65  +0.03  1,000  15  UBS  79  CIBC  K  

11:05:37  V  0.63  +0.01  2,000  15  UBS  80  National Bank  K  

10:55:50  V  0.61  -0.01  3,000  2  RBC  15  UBS  K  

Rohstoff Investor empfiehlt Andean zum Kauf mit einem Kursziel von CAD 1.40 auf kurze Sicht

Kann das einer bestätigen.

Lets start with Santa Rosa: small scale producer high in the Andes, highest production was around 20k ounces gold. Andean did start with this project years ago and brought the mine into production without huge diluation and with limited financial resources. Santa Rosa is a good mine from the cashflow perspective - it is not a company maker since I believe the geological potential is limited. There are some problems at Santa Rosa now - production has collapsed due to metallurgical problems. Since Andean is a micro producer it is not uncommon to see such things happen - BUT a solution is already under way and should be implemented shortly. This means for the long run production somewhere around 20 to 30k p.a. as low cost producer. Exploration targets are in sight as well.

Sinchao: polymetal project in the proximity of Yanaccocha, Candente and others. They drilled in 1997/98 and came out with great mineralization - very consistent and good grades. The grades were not great and at this time to low to mine economically. As for today the grades and the overall potential is very good! The project has been spun off into a separate entity (Sinchao Metals - SMZ.V) this project alone might be a future company maker, but further drilling has to prove it up

Now lets check out Invicta: Andean bought Invicta from Barrick Gold (Barrick still holds a buy back in option for 51% if Andean outlines more than 2 million ounces of gold - RESERVES, so Barrick is pretty much aware of the projects potential....) Andean has identified around 600k ounces of gold (indicated & measured) and around 500k ounces of gold (inferred) additionally Andean has identified 1mm ounces of gold equiv. in copper, silver, lead and zinc. The project has GREAT potential. Why has market not catched up so far? Well, Andean has only 600k ounces of gold (indicated & measured) this is not enough to trigger significant institutional buying. Ok, will this change? YES, the 500k inferred gold resources are being upgraded to indicated & measured, this means Andean will have at least 1 million ounces of gold compliant to NI 43-101 as indicated & measured resources, HIGH GRADE GOLD! Additionally Andean has more than 1 million of production credits in copper (very strong grades as well), silver, zinc and lead. This will bring Andean on many radar screens - nobody can neglect a high grade gold deposit with over 1 million ounces of gold as indicated & measured resources! So far Andean is only on the way to reach this target - but as the last results have shown the gold grades are fantastic. The deposit has great potential - 1 million is easy to achieve.

BLUESKY POTENTIAL: the current resources are only based on the current structure. Andean has already identified new mineralized zones that are currently being drill tested. The bluesky potential is BIG!

PATH TO PRODUCTION: resources are the start and production the target: Andean has a advanced staged project which means many issues are already being implemented or currently underway (water, energy, roads, etc.) this project will hit production within 2 years.

Management and board of directors: as a company is growing changes on the board of directors and management have to take place as well. Andean has already added very experienced directors to its board of directors. Those people have technical or financial backgrounds: such as COO at EuroZinc or VP Finance Teck Cominco, etc. Andean has a strong management crew down in Peru, but appears a bit weak in Canada. John Huguet, CEO is doing an excellent job in bringing forward the company on the project front, but he should also boost the executive positions in Canada. I guess changes and new people joining Andean is underway.

Once Santa Rosa is fixed, Sinchao shows the next round of drilling results and Invicta hits 1 million GOLD only resources (m&i) Andean will be revalued greatly. Previous highs at 1.50 $ will look cheap at this point IMHO. The stock is building a base now at 0.65 $ and has already attracted many new houses (number of trades and number of houses buying has gone up significantly). This is not a one way road, but the tide has changed for the good now.

www.andeanamerican.com/news_events/news_german/2007_g.htm

Ich hätte nie gedacht, dass ich das mal hier schreiben würde, aber freue mich deshalb um so mehr.

Andean der Fels in der Brandung in einem katastrophalen Umfeld  

Aus "Intersections Volume 62" von Research Captail - WAYNE HEWGILL, P.GEO.

Andean American Mining (AAG) announced results from the first infill hole on its 100% owned Invicta gold project in Southern Peru.

The results included 14.2 metres grading 18.4 g/t Au, 18.0 g/t Ag, and 0.46% Cu starting from 146 metres. Following the high-grade zone is a section of 18.5 metres grading 2.1 g/t Au, 56.1 g/t Ag, and 2.87% Cu. The high-grade zone comprised several high-grade samples within the massive sulphide mineralization, but maintained a consistency of average grade throughout most of the section.

Neono

2007 results

Andean recorded a net loss of $19,547,282, or 38 cents per share, for the year compared with net earnings of $730,777, or two cents per share, in 2006. In addition to the writedown of the carrying values of the Santa Rosa mine and certain exploration projects in the amount of $9,594,206 and the $6,086,167 loss on dilution incurred on the sale of Corp. Minera Sinchao (CMS), the loss was due to low recoveries, low volumes of material treated and higher unit costs from the processing of recycled material. Production of gold equivalents was 8,397 ounces compared with 16,971 ounces in fiscal 2006 when fresh ore was being processed.

Revenues were $5,901,665 in 2007 compared with $9,038,330 in 2006. The revenue decrease in 2007 was due to lower sales volumes partially offset by higher prices for gold and silver.

Cash flow in 2007 was a deficit of $2,099,870, compared with $2,544,024 of positive cash flow in 2006. The reduction in cash flow from operations in 2007 was due to the reduction of gold and silver sold and an increase in the cost of sales mainly due to poor recoveries, lower volumes of recycled material treated and elimination of processing fresh ore until the metallurgical problems were solved.

At March 31, 2007, the company had a net cash deficit of $44,231 and long-term debt of $101,217. At March 31, 2006, the company had an available cash balance of $810,500 and a restricted cash balance of $265,597.

"We have taken a decision to write down the values of our Santa Rosa mine to the fair market value of material for recycling and minable reserves only. We have not given credibility to the potential as yet undiscovered at Santa Rosa. Andean is committed to fulfilling its goal to produce 200,000 ounces of gold and gold equivalents by 2010. In order to reach this goal, we have focused our efforts on exploration and development at the Invicta and Sinchao properties," stated John Huguet, chairman and chief executive officer of Andean American. "We have had some exciting drill hole results from our drill programs at Invicta and Sinchao, and we look forward to releasing more results as we receive them in the near future," he continued.

Investors are cautioned that the company has not yet completed a feasibility study and there is no certainty that the projections will be achieved, or that the proposed operations will be economically viable. The Invicta property is not currently in production. The prefeasibility report for the Invicta property is expected within 60 days.


        CONSOLIDATED STATEMENT OF OPERATIONS AND (DEFICIT)
                                                            Years ended
                                                  March 31,    March 31,
                                                      2007         2006
Revenue
Sales of metals                                $  5,901,665 $  9,038,330
                                              ------------ ------------
Operating expenses
Direct operating costs                            6,215,261    4,659,345
Royalty expense                                     104,644      152,784
Amortization and depletion                          864,670    1,155,998
Selling expenses                                    159,252      207,048
Stock based compensation                            615,767      573,099
Reclamation                                          22,486       16,200
                                              ------------ ------------
                                                 7,982,080    6,764,474
                                              ------------ ------------
Gross profit (loss)                              (2,080,415)   2,273,856
                                              ------------ ------------
Other expenses
General and administrative expenses              (1,679,082)  (1,379,367)
Interest expense                                   (107,103)    (286,441)
Other income                                         74,054       12,109
Foreign exchange (loss) gain                       (440,519)     110,620
(Loss) on dilution                               (6,086,167)           -
Writedown of mineral properties                  (7,715,233)           -
Writedown of property, plant and equipment       (1,286,674)           -
Write-off of exploration properties                (592,299)           -
                                              ------------ ------------
                                               (19,913,438)     730,777
                                              ------------ ------------
Less minority interest                              366,156            -
                                              ------------ ------------
Net income (loss) for the year                 $(19,547,282)$    730,777
(Deficit) -- beginning of year                  (16,357,225) (17,088,002)
                                              ------------ ------------
(Deficit) -- end of year                       $(35,904,507)$(16,357,225)
                                              ============ ============
Earnings (loss) per common share
Basic                                          $      (0.38)$       0.02
Diluted                                        $      (0.38)$       0.02

Ressourcen, die höher ausgefallen waren. Daraufhin hatte die Börsenaufsicht angefordert, dass innerhalb
von 45 Tagen nach der Veröffentlichung ein neuer technischer Report nach NI 43-101 veröffentlicht wird,
der inzwischen überfällig ist.
Das Management von Andean American Minerals ist inzwischen in Verhandlungen mit der Börsenaufsicht
darüber, wie der Fehler aus der Welt geschafft werden kann. Wenn man sich auf eine revidierte
Veröffentlichung einigt, wird die Handelsaussetzung voraussichtlich innerhalb von ein paar Tagen wieder
aufgehoben werden. Wenn allerdings ein neuer technischer Bericht nach NI 43-101 gefordert wird, kann
es etwas länger dauern, da die unabhängigen Labore, in denen diese Berichte erstellt werden, zur Zeit
chronisch überlastet sind. Weil allerdings die Pre-Feasability-Studie aktuell in Arbeit ist, müssen die Daten
im Moment sowieso bei einem autorisierten Institut verarbeitet werden, das dann auch die angeforderte
Stellungnahme abgeben kann.
Wie auch immer, es kann eigentlich nicht mehr passieren, als dass die Daten entsprechend der jüngsten
NI-43-101-Studie korrigiert werden müssen, bis ein neuer autorisierter Bericht vorliegt. Das Management
Profi tieren Sie von der Rohstoff-Hausse, die mindestens noch bis 014 andauern wird

Pinetree Capital aus Toronto - eine kanadische Beteiligungsgesellschaft hat an Andean eine Beteiligung von 2 Mio. Shares mal schauen, was daraus wird....

Hat jemand etwas neues gehört?

Seit gfast 2 Monaten kann man die Aktie nicht mehr handeln. Wann kommt denn nun endlich der erlösende technischer Report nach NI 43-101? 45 Tage sind doch schon um, oder wann wird angefangen zu zählen?

 

It did not sufficiently disclose methodology used to estimate inferred resources. The company retracts the prior estimate of inferred resources and its revised inferred resource estimate is included in this news release;
The October, 2006, report presented a 14-million-tonne estimate of exploration potential without giving ranges of grades and tonnes, without required cautionary language, and without disclosing how the estimate was derived. The company advises that the estimate should not be relied on, and retracts estimates of potential exploration targets for Invicta.

As a result, the author has modified the report in order to address the issues raised and to satisfy NI 43-101 reporting requirements. The author has restated the current Invicta resource estimate and deleted its estimates of exploration potential. The company is filing an amended Invicta report on SEDAR with an effective date of July 24, 2007.

The revised report includes mineral resources shown in the resource estimate tables within this news release.


        VALIDATED MEASURED RESOURCES

                              Grades
Cut-off     Tonnes   Au (g/t) Ag (g/t) Cu (%)

1.0      1,103,984     3.88    15.77    0.26
1.5      1,103,984     3.88    15.77    0.26
2.0      1,010,505     4.11     16.8    0.27
2.5        985,920     4.17    17.02    0.28
3.0        832,544     4.51    19.03     0.3

Validated measured resources



        VALIDATED INDICATED RESOURCES

                             Grades
Cut-off     Tonnes  Au (g/t)  Ag (g/t) Cu (%)

1        3,635,540     2.39    19.14    0.51
1.5      3,483,118     2.48     19.7    0.52
2        3,175,407     2.63    20.94    0.54
2.5      2,408,011     3.21    24.17    0.57
3        2,129,468     3.39    25.16    0.62

Validated indicated resources



TOTAL VALIDATED MEASURED AND INDICATED RESOURCES

Tonnes             Au (g/t)    Ag (g/t)    Cu (%)

4,739,500            2.73        18.3        0.45

Total validated measured and indicated resources
considering a cut-off grade of 1.0 g/t Au for
measured resources and 1.0 g/t Au for indicated
resources


        SUMMARY OF VALIDATED RESOURCES AT THE INVICTA PROPERTY

                          True
Zone            Type    width (m) S.G.   Tonnes    Au (g/t) Ag (g/t) Cu (%)

Atenea        Measured    15.04   2.69 1,103,984     3.88    15.77   0.26
Atenea        Indicated   22.28   2.84 2,028,584     1.95    25.31   0.71
Pucamina      Indicated   10.64   2.76   750,432     3.27     8.98    0.1
Zones 4 and 6 Indicated    4.01   2.76   856,523     2.63    13.44   0.39
                                      ---------    -----    -----   ----
Total                                  4,739,500     2.73    18.36   0.45
                                      =========    =====    =====   ====

Total validated measured and indicated resources by mineralized structure


TOTAL INFERRED RESOURCES BY MINERALIZED STRUCTURE

Structure     Tonnes     Au (g/t) Ag (g/t) Cu (%)

Atenea     5,187,775       1.43     17.35    0.61
Pucamina     900,941       1.47      6.21    0.07
          ---------      -----     -----    ----
Total      6,088,700       1.44      15.7    0.53
          =========      =====     =====    ====

Inferred resources from all known mineralized
structures at a one-gram-per-tonne gold cut-off


Non-compliant disclosure of preliminary assessment

In its news releases of April 5, 2007, and July 4, 2007, the company disclosed economic analysis at Invicta including work by three arm's-length engineering firms. This included annual production schedules expressed over the mine life as tonnes and equivalent grade per year, ounces of saleable gold and gold equivalent, after-tax profits, internal rates of return, net present value, payback period, mine life, year of start-up, design milestones achieved, and other parameters. The information appeared in news releases, on the company's website and in investor materials.

The economic analysis should not have been relied on, in part because the company did not disclose that it included inferred resources that are considered too speculative to have economic considerations applied that would categorize them as mineral reserves, and there is no certainty that the analysis will be realized. The company did not disclose the basis of the economic analysis such as the grades, size and classes of the input mineral resource, assumptions made on recoverability of precious and base metals, the names of the qualified persons who conducted the analysis or the other qualifications and assumptions they made.

Andean hereby retracts this information in its entirety. A preliminary assessment has commenced that will address these issues.

Erroneous disclosure of a new resource estimate

In its news release in Stockwatch of June 14, 2007, Andean erroneously reported measured and indicated resources totalling 4.8 million tonnes grading 3.58 g/t gold, 33.46 g/t silver and 0.68 per cent copper. The statement should have read: measured and indicated resources totalling 4.8 million tonnes grading 2.73 g/t gold, 18.36 g/t silver and 0.45 per cent copper. This error occurred when the historical, non-National-Instrument-43-101-compliant resource grades determined by previous operator Pangea were mistakenly inserted instead of the Oct. 24, 2006, NI 43-101 technical resource estimate.

Non-compliant disclosure of potential exploration targets

The company disclosed a 14-million-tonne estimate of potential exploration targets at Invicta in news releases, on its website and in investor materials. The tonnage appeared in the October, 2006, technical report without giving ranges of grades and tonnes, without required cautionary language and without disclosing how the estimate was derived. The company retracts estimates of potential exploration targets at Invicta. The amended July, 2007, technical report does not support any estimates of potential.

The company also disclosed and subsequently clarified a 28-million-tonne estimate of potential for Invicta, and in its July 4, 2007, clarification news release in Stockwatch, attributed this to the company's October, 2006, report. The October, 2006, report contained no such estimate and, as indicated above, the company formally retracts estimates of potential exploration targets for Invicta.

Adding inferred resources to other categories

In its news releases in Stockwatch of Nov. 17, 2006, Dec. 5, 2006, Jan. 8, 2007, Jan. 9, 2007, March 5, 2007, and July 4, 2007, Andean erroneously combined inferred resources with measured and indicated resources. NI 43-101 prohibits adding inferred mineral resources to any other resource categories and Andean therefore retracts this disclosure. This error was also included in website materials, including a fact sheet, a video and a third party article. These materials have been removed from the website. Inferred resources have a great amount of uncertainty as to their existence and economic feasibility. It cannot be assumed that any part of an inferred mineral resource will ever be upgraded to a higher category. Investors are cautioned not to assume that part or all of an inferred resource exists or is economically minable. Andean retracts this non-compliant disclosure of resources information in its entirety.

Reporting gross in situ metal values

In materials on its website and otherwise Andean improperly reported gross in situ metal values on a deposit scale or per-tonne basis and did not take into consideration operating and capital costs, recoveries, smelter costs and other factors relating to the potential mining, extraction and recovery of metals. The disclosure of gross value for expected mill feed and material in process is misleading when given out of context. This disclosure is hereby retracted and has been removed from Andean's website and other materials.

Failure to name the qualified person

In its news release in Stockwatch of Dec. 15, 2006, Andean did not designate the qualified person responsible for the scientific and technical information in that release. The news release pertains to an announcement of a new metallurgical flow sheet with significantly improved recoveries, which is material to the future success of the Santa Rosa operation. The company relied on the authority of Juan Zegarra Wuest, MSc, DICEng, who has a master of science (MSc) degree in mineral processing, Royal School of Mines, London University, England, and a diploma of the Imperial College (DIC) in mining and metallurgical technology, London University, England, as well as engineering degrees from the National University of Engineering, Lima, Peru. The news release had been prepared under the supervision of Mr. Zegarra Wuest. Mr. Zegarra Wuest verified the data disclosed by the release including analytical and test data underlying the information. Mr. Zegarra Wuest is not a qualified person as defined by NI 43-101 and the information was not prepared by or under the supervision of a qualified person. The company is in the process of applying for a one-time exemptive order regarding Mr. Zegarra Wuest's professional qualifications. In future written disclosure the company intends to name the qualified person who prepares or supervises all technical and scientific disclosure as required by NI 43-101.

Andrew Gourlay, PGeol, president of Sinchao Metals Corp., is a qualified person as defined in the Canadian Securities Administrators NI 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. Andean American Mining holds 67 per cent of Sinchao Metals. Mr. Gourlay is also a member of the Andean American Mining advisory board.

We seek Safe Harbor.



 
Top  

Was haltet Ihr davon? Ziemlich schlecht oder?  

Nur hier nicht!

laut WO noch heute in D.
Wird aber auch Zeit.

Recent Trades - Last 10  
Time     Ex Price  Change  Volume   Buyer     Seller Markers
12:01:54  V  0.64  -0.07  500  1  Anonymous  2  RBC  K  

12:00:15  V  0.64  -0.07  500  1  Anonymous  2  RBC  K  

11:59:35  V  0.64  -0.07  500  1  Anonymous  2  RBC  K  

11:57:45  V  0.64  -0.07  500  1  Anonymous  2  RBC  K  

11:57:45  V  0.64  -0.07  500  1  Anonymous  2  RBC  K  

11:57:45  V  0.64  -0.07  500  1  Anonymous  2  RBC  K  

11:57:45  V  0.64  -0.07  500  1  Anonymous  2  RBC  K  

11:57:45  V  0.64  -0.07  500  1  Anonymous  2  RBC  K  

11:57:01  V  0.65  -0.06  500  1  Anonymous  80  National Bank  K  

11:55:16  V  0.65  -0.06  500  1  Anonymous  83  Research Cap  K  

Minus und der Handel wird aufgenommen. Danke Börse Frankfurt

Time Ex      Price Change  Volume        Buyer    Seller Markers
14:18:14  V  0.56  -0.15  462,000  83  Research Cap  83  Research Cap  K  


462000 Stück

Ich werde nicht verkaufen

der Aufstieg beginnen

Ich denke der Rebound geht weiter.Immer noch grosse Stückzahlen in Canada.

hochgezogen.
Das warten hat sich gelohnt.

  Time   Ex Price Change Volumen    Buyer          Seller Markers
13:43:14  V  0.65  +0.05  500  9  BMO Nesbitt  33  Canaccord  K  

13:41:26  V  0.65  +0.05  500  9  BMO Nesbitt  33  Canaccord  K  

13:39:37  V  0.65  +0.05  500  9  BMO Nesbitt  33  Canaccord  K  

13:37:57  V  0.65  +0.05  500  9  BMO Nesbitt  33  Canaccord  K  

13:35:36  V  0.65  +0.05  500  9  BMO Nesbitt  33  Canaccord  K  

13:32:15  V  0.66  +0.06  500  9  BMO Nesbitt  2  RBC  K  

13:30:52  V  0.66  +0.06  500  9  BMO Nesbitt  2  RBC  K  

13:30:43  V  0.66  +0.06  500  9  BMO Nesbitt  2  RBC  K  

13:28:55  V  0.66  +0.06  500  9  BMO Nesbitt  2  RBC  K  

13:26:21  V  0.66  +0.06  500  9  BMO Nesbitt  2  RBC  K  

Schlußkurz Canada 0,77 $

Eröffnung hier am Montag 0,55 €

und sie beinhalten Kupfer, Gold, Silber,
Zink und Blei. Sinchao Metals Corp., an der
Andean American nach dem Stand vom 24.
August 2007 einen 67 %igen Anteil hält, wurde
im April 2006 gegründet, um den
Anteilseignern die Möglichkeit zu geben,
direkt an der Entwicklung dieses profilierten
Projekts teilzuhaben.
Santa Rosa ist ein Tagebau, der sich bereits in
der Produktionsphase befindet. Im
Geschäftsjahr bis 31.03.2007 produzierte die
Mine ca. 8.400 Unzen Gold und Äquivalent. Im
kommenden Geschäftsjahr sind ca. 26.000
Unzen Gold- und 1,2 Mio. oz
Silberproduktion vorgesehen. Das Projekt
bietet Potential für Erweiterungen und
zusätzliche Exploration. Die in der Nähe liegenden
Projekte Rio und Mamara befinden
sich derzeitig in der Explorationsphase.
Andean American ist weiterhin bestrebt, die
exzellenten Beziehungen zur Gemeinde aufrecht
zu erhalten, die Gesellschaft sieht sich
zudem in der Verantwortung, immer auf
umweltgerechtes Vorgehen zu achten. Die
Gesellschaft besitzt ein starkes Management-
Team, das auf einen Erfahrungsschatz aus
über 60 Jahren zurückgreifen kann. Im
Bereich der Unternehmensführung wird
nach besten Ergebnissen und
Zusammenarbeit gestrebt. Andean American
Mining verpflichtet sich, ein dynamisches
Explorations- und Entwicklungsprogramm
durchzuführen.
Management
John F. Huguet, Chairman u. CEO, besitzt
über 35 Jahre Erfahrung bei der Entwicklung
von natürlichen Ressourcen, die er in
Amerika und Südost-Asien gesammelt hat.
Von 1963 bis 1997 arbeitete er für
Unternehmen der Atkinson Gruppe, darunter
8 Jahre als Präsident der Atkinson Holding.
1997 trat er bei Andean American ein.
Zunächst fungierte hier als Sanierer der
Firma und wandte sich dann der
Entwicklung des Santa Rosa -Projekts zu.
Oscar Rolando Davila, Generalmanager Peru,
besitzt Universitätsabschlüsse in Ingenieurwesen
und Betriebswirtschaft. Er hat über 35
Jahre Erfahrung im operativen Bereich und
beim Projektmanagement der Ressourcenindustrie
von Peru, Amerika und Asien.
Bryan Morris, CFO, arbeitete bis 2003 bei Teck
Cominco als Vizepräsident für Geschäftsentwicklung
und war dort für das Auffinden, die
Verhandlungsführung und den Erwerb von
Zinkprojekten verantwortlich. Zuvor war er
Vizepräsident für Finanzen und Direktor der
Cominco Resources International Ltd. Herr
Morris ist Mitglied des Chartered Institute of
Management Accountants (UK) und Direktor
mehrerer Junior Minen-Gesellschaften.
Andean American Mining Corp.
355 – 601 West Cordova Street
Vancouver, B.C., V6B 1G1, Kanada
Tel.: (604) 681 6186 Fax: (604) 681 3652
Webseite: www.andeanamerican.com
Email: IR@andeanamerican.com
Text zur Anzeige gekürzt. Gesamtes Posting anzeigen >>>

Andean American drills 14.4 m of 7.76 g/t Au at Invicta


2007-10-30 13:25 ET - News Release

Mr. John Huguet reports

ANDEAN AMERICAN REPORTS DRILL RESULTS INCLUDING 14.4 METRES GRADING 7.76 G/T GOLD, 75.91 G/T SILVER AND 1.74% COPPER AT THE INVICTA PROJECT, PERU

Andean American Mining Corp. is releasing an update on the Invicta project. The 16,900-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, Peru, at an altitude of 3,400 metres.

The drill program at Invicta originally proposed two components:


An infill drill program of 3,458 metres to be completed by Sept. 30, 2007;
An exploration program of 7,200 metres, plus mapping and trenching to be completed by Dec. 21, 2007.

Actual progress

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  

ich erst auch so  einsam.

in Canada gehandelt.
in 4 tagen in Canada 2,2 Mill Stück.


Andean am Wochenende in München auf der Messe.

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  

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  

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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Nächste Woche will sie jeder.

 #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 !

Wenn es so bleibt,dann morgen hier 0,55€

in Canada gehandelt.

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!

wurden in Canada schon fast 500.000 Stück gehandelt.

Wenn hier der newsflow in den nächsten Wochen stimmt, dann werden wir die 1 sehen.

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.

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.

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.

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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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.

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.

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20080207 0735
office@ir-world.com

Andean American Mining Corp.


(END) Dow Jones Newswires

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

www.stockwatch.com/swnet/newsit/...95&symbol=AAG&news_region=C