Andes Gold Corporation Continues to Show Financial Growth Through Increased Mining Operations

Andes Gold Corporation Continues to Show Financial Growth Through Increased 
Mining Operations 
BOCA RATON, FL -- (Marketwired) -- 05/08/13 --  Andes Gold
Corporation (PINKSHEETS: AGCZ) a gold and silver mining company with
existing operations in Ecuador, today released its financial results
for the first quarter ended March 31, 2013. The financial report was
filed and is available on the Pink Sheets. 
The financial statements for the first quarter ended March 31, 2013
show revenue of $1,391,923 versus $1,269,965 for the same period last
year. This represents an increase in revenue of $121,958 in the first
quarter. The net profit for the first quarter ended March 31, 2013
was $308,236 versus $202,176. This represents an increase in profit
of 52.5%. The financial results obtained in the first quarter were
achieved despite a downtime of 28 days while the company upgraded its
milling operations by installing flotation cells. Installation of
flotation cells increases the yield of the mill. 
Revenue for the year end December 31, 2012 was $6,732,311. Based on
expanded mining operations and the upgrading of the mill, the company
is projecting revenue for the year ending December 31, 2013 of
$9,350,000 with profits of $1,963,500 or an increase of 40%. The
company is showing excellent growth. 
The company processes its own proven reserves as well as processing
ore for other miners that do not have milling operations. Contract
milling has become very profitable for the company and it is expected
that contract milling will increase in 2013. 
Andes Gold Corporation trades in the United States on the OTC Pink
under the symbol "AGCZ". For further information, please contact the
Company at (561) 210 8496 or www.andesgoldmine.com or investors can
find real time quotes and market information for the Company on
www.otcmarket.com. 
NOTE: This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
involving risks and uncertainties. Results, events and performances
could vary from those contemplated. These statements involve risks
and uncertainties which may cause actual results, expressed or
implied, to differ from predicted outcomes. Risks and uncertainties
include but are not limited to product demand, m
arket competition and
Andes Gold's ability to meet current or future plans. Investors
should study and understand all risks before making an investment
decision. Readers are recommended not to place undue reliance on
forward-looking statements or information. Andes Gold is not
obligated to publicly release revisions to any forward-looking
statement, to reflect events or circumstances afterward or to
disclose unanticipated occurrences, except as required under
applicable law. 
Andes Gold Corporation
(561) 210 8496
www.andesgoldmine.com 
 
 
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