Tsafi

[popeyej]

09:00 EST Thursday, February 07, 2008

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 7, 2008) - Andean American Mining Corporation (TSX VENTURE:AAG)(FRANKFURT:AQN)(BVL:AAG) is pleased to announce the acquisition by staking of an additional 7,500 hectares at the Invicta Project, bringing the total land position to 29,700 hectares or 73,390 acres. Invicta hosts low-sulphidation epithermal style gold-silver-copper mineralization and is located in the Department of Lima, Province of Huara, approximately 225 kilometers north of the city of Lima at an altitude of 3,400 metres. Andean American acquired an option to purchase 100% of an advanced exploration stage project of 3,700 hectares, which it named Invicta, from a Barrick wholly owned subsidiary, Minera ABX Exploraciones SA in 2005. Subsequent to this date, Andean American independently acquired an additional 26,000 hectares contiguous to the property and brought the land position for the project to 29,700 hectares.

For an updated property map, please visit: http://www.ccnmatthews.com/docs/aag0207.pdf