News

VANCOUVER, BRITISH COLUMBIA-- - Andean American Mining Corp. reports that for the year ended March 31, 2010, it incurred a loss of $691,552 or $0.01 per share compared to a loss of $5,738,809 or $0.07 for the same period in 2009.

MONTREAL, QUEBEC-- - Strateco Resources Inc. is pleased to provide an update on its 2009 drilling program and its 2010 and 2011 drilling objectives for the Matoush project, located 275 km north of Chibougamau in Quebec's Otish Mountains.

VANCOUVER, BRITISH COLUMBIA-- - Andean American Mining Corp. is pleased to announce the appointment of David Rae as President effective June 16, 2010.

VANCOUVER, BRITISH COLUMBIA-- - Andean American Mining Corp. is pleased to announce the appointment of Mr. Juan C. Ortiz to the Board of Directors effective June 1, 2010.

MONTREAL, QUEBEC-- - Strateco Resources Inc. is pleased to announce that another important step has been taken for the Matoush uranium project, located 275 km north of Chibougamau, in Quebec's Otish Mountains.

BOUCHERVILLE, QUEBEC-- - Strateco Resources Inc. has held its Annual General and Special Meeting yesterday at Montreal. The meeting enabled the election of the members of the Board of Directors, the nomination of the auditors and the renewal of the shareholders' rights plan.

VANCOUVER, BRITISH COLUMBIA-- - Andean American Mining Corp. is pleased to announce that the Optimized Feasibility Study for the Invicta Project has been filed on SEDAR at www.sedar.com.

VANCOUVER, BRITISH COLUMBIA-- - The Board of Directors of Andean American Mining Corp. wishes to announce the closing of the non-brokered private placement of 7.5 million shares at a price of C$0.40 per share as announced on March 24 and March 30, 2010.

VANCOUVER, BRITISH COLUMBIA-- - Andean American Mining Corp. is pleased to announce the appointment of Bruce Ramsden as Vice President, Finance and Chief Financial Officer and the appointment of Mark Zabel as Vice President, Corporate Development as of July, 2010.

VANCOUVER, BRITISH COLUMBIA-- - The Board of Directors of Andean American Mining Corp. is pleased to announce that the non-brokered private placement of 6,623,682 million shares at a price of C$0.50 per share reported on July 20, 2010, has received conditional acceptance from the TSX Venture Exchange.

VANCOUVER, BRITISH COLUMBIA-- - The Board of Directors of Andean American Mining Corp. wishes to announce that it has entered into a strategic relationship with the Trafigura Beheer B.V. , a privately-held international commodity trader, in regards to the Invicta Mining Project located in the Province of Lima, Peru.