ADM Andina Minerals Inc.

ANDINA Minerals Inc. (TSX VENTURE: ADM) (the "Company") is pleased to announce the appointment of Mr. Derrick Weyrauch as Chief Financial Officer of the Company, effective immediately.

Mr. Weyrauch has 20 years of senior financial leadership experience in mining and the contract, automotive and medical device manufacturing industries. Mr. Weyrauch brings extensive senior management experience including financing, corporate turnaround and restructuring, strategic planning and M&A transactions. He is currently the Chief Financial Officer of Malbex Resources Inc., a publicly traded gold mining company, and will continue in that capacity until January 31, 2011 to assist Malbex in their transition.

Previously, Mr. Weyrauch was the Treasurer and Director of Finance for Gabriel Resources Ltd., also a publically traded gold mining company. Mr. Weyrauch is a Chartered Accountant having earned his CA designation with KPMG LLP in 1990. He is also a member of the Institute of Chartered Accountants of Ontario and holds a Bachelor of Arts degree in Economics.

George Bee, President and CEO commented, "Mr.Weyrauch's mine development background combined with his broad and varied senior financial leadership and management experience will be very valuable to Andina as it completes a prefeasibility study for the Volcan Gold project in early 2011 and beyond through Volcan's continued development."

Mr. Weyrauch was granted 365,000 stock options in the capital of the Company. The options are priced at $1.40 and expire on November 1, 2015.

The Company also announces that on November 1, 2010, it granted 70,000 stock options in the capital of the Company to consultants who perform Investor Relations functions for the Company. The options are priced at $1.40 and expire on November 1, 2015.

About Andina Minerals Inc.

Andina's primary focus is mining exploration and development in Chile. The Company's flagship development project is the 100%-owned Volcan Gold Project, strategically located in the prolific Maricunga Gold Belt. Andina is progressing with a prefeasibility study for Volcan, targeted for completion in early 2011.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Andina Minerals Inc. George M. Bee President & CEO 416 203 3488 Andina Minerals Inc. Investor Relations 416 203 3488 www.andinaminerals.com