NEWS RELEASE
March 19, 2008
Andean American Intersects 7.76 g/t Gold over 3.3 Metres at the Invicta Project
Andean American Mining Corp. (TSX.V-AAG) (FWB-AQN) (BVL-AAG) is pleased to reportresults from additional infill diamond drilling on the Atenea Structure at its Invicta property inPeru. The 41,500 hectare Invicta Project hosts massive to semi-massive style gold-silver-coppermineralization. The Project is located in west central Peru approximately 250 kilometers by roadnorth east of the city of Lima at an altitude of 3,400 meters.
Drill Hole AE-DDH-07-33 was drilled on Section ATE-5NW, and intersected the AteneaStructure approximately 105 metres below surface, and approximately 50 metres down dip fromDrill Hole 4411-97-16 drilled by Pangea in 1997.
Drill Hole AE-DDH-07-33 intersected:
| Interval(m) | Width(m) | Est.True Width(m) | Au g/t | Ag g/t | Cu% | Pb% | Zn% |
| 182.4 – 183.5 | 1.1 | 0.9 | 0.10 | 8.7 | 0.49 | 0.07 | 0.04 |
| 187.5 – 188.8 | 1.3 | 1.0 | 0.15 | 7.7 | 0.43 | 0.06 | 0.03 |
| 190.5 – 194.8 | 3.4 | 3.34 | 7.76 | 3.4 | 0.08 | 0.10 | 0.06 |
This intersection has upgraded a previous indicated resource block to the measured resourcecategory. The results from the ongoing 10,000m drill program, in conjunction with continuedunderground sampling and drilling from the 3400 Level adit, are designed to upgrade the resource estimates.
"The results from the deeper drilling indicate that the mineralized system continues to depth andappears to be widening." states President Andrew Gourlay. "This confirms our belief that theAtenea Structure is well mineralized and demonstrates the need to further define the potential forhigh gold grades from the structure through continued drilling and sampling."
Current resources estimates include 4,739,500 tonnes grading 2.73 g/t Au, 18.3 g/t Ag and 0.45%Cu in the measured and indicated categories, with an additional 6,088,700 tonnes grading 1.44 g/tAu, 15.7 g/t Ag and 0.53% Cu in the inferred category. Resource estimates are from the NI 43-101 Invicta Technical Report filed on SEDAR and dated July 24, 2007. Wardrop EngineeringInc. is currently preparing an updated resource estimate based on data from the 13,000m 2007drill program.
The Atenea Structure is the most advanced target of the eight identified on the Invicta Property,which covers 41,500 hectares. The Atenea Vein Structure consists of quartz-cementedhydrothermal breccia with variable amounts of pyrite, chalcopyrite, galena, sphalerite and tracesof bornite. The quartz varies from white to grey, and displays acicular crystals, cockade texturesand open spaced filling, with rare vugs lined with quartz crystals to 5cm size. The sulphideswithin the quartz vary from disseminated to massive. The bounding faults dip to the south atbetween 60 and 70 degrees.
Mr. Andrew Gourlay, P. Geol., President of Andean American Mining Corp. is a QualifiedPerson as defined in the Canadian Securities Administrators National Instrument 43-101 with theability and authority to verify the authenticity and validity of technical and scientific data. Thisnews release has been prepared under Mr. Gourlay's supervision. All samples were prepared andanalyzed by CIMM Labs in Lima, Peru, an ISO-accedited laboratory. Standard referencematerials, blanks and field duplicates were inserted prior to shipment from site to monitor thequality control of the analytical data.
On behalf of Andean American Mining Corp.,
"John Huguet"
John Huguet
Chairman & CEO
Andean American Mining Corp. (TSX.V:AAG) (FWB:AQN) (BVL:AAG) is an international mining andexploration company focused on growth both organically and through acquisitions. The Company isactively pursuing new targets of potential early stage gold and silver prospects in Peru and currently hasthree key assets: the 41,500 hectare Invicta gold-silver-copper advanced exploration stage project; 58% ofSinchao Metals Corp., owner of the Sinchao zinc-copper-silver-gold-lead mineralization project; and the9,000 hectare Santa Rosa property, which is a small producing open-pit mine.
For further informationcall(604)681-6186ortollfree:1-888-356-4784orvisitwww.andeanamerican.com
This news release may contain forward-looking information within the meaning of the Securities Act(Ontario) ("forward-looking statements"). Such forward-looking statements may include the Company'splans for its mineral projects, the overall economic potential of its properties, the availability of adequatefinancing and involve known and unknown risks, uncertainties and other factors which may cause theactual results, performance or achievements expressed or implied by such forward-looking statements to bematerially different. Such factors include, among others, risks and uncertainties relating to potentialpolitical risks involving the Company's operations in a foreign jurisdiction, uncertainty of production andcosts estimates and the potential for unexpected costs and expenses, physical risks inherent in miningoperations, currency fluctuations, fluctuations in the price of gold and other metals, completion ofeconomic evaluations, changes in project parameters as plans continue to be refined, the inability or failureto obtain adequate financing on a timely basis, and other risks and uncertainties, including those describedin the Company's Financial Statements, Management Discussion and Analysis and Material ChangeReports filed with the Canadian Securities Administrators and available at www.sedar.com.
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