Andina Grants Options

TORONTO, ONTARIO - (Marketwire - Oct. 10, 2008) - ANDINA Minerals Inc. (TSX VENTURE:ADM) ("Andina") announces that it has granted an aggregate of 1,497,500 options of which 875,000 were granted to Andina's officers and directors and 622,500 were granted to employees and consultants. The options are exercisable at $1.50 and expire on October 8, 2013. Andina is a Chilean-focused exploration company, with a portfolio of precious metals exploration projects, including its flagship Volcan Gold Project, strategically located in Chile's Maricunga Gold Belt. Volcan hosts measured and indicated resources of 6.62 million contained ounces of gold (241.7 million tonnes grading 0.85 grams per tonne gold ("g/t Au")) in addition to 3.28 million ounces of gold (114.0 million tonnes grading 0.90 g/t Au) in the inferred resource category. With... [read full story]