Andes Gold Corporation Increases Gold Production
August 22 2013 - 7:13PM
Marketwired
Andes Gold Corporation (PINKSHEETS: AGCZ), a gold mining and
milling company with operations in Ecuador and Peru, projects that
it will produce 4700 ozs of gold in the second half of 2013 and
sell the gold at an average market price of $1300.00 per oz.
The projections are based on the current processing capacity of
its mill and the ore ready to be processed. Revenue in the first
half of the fiscal year was $3,006,554 with a net profit of
$646,446. The Company continues to increase production as it
increases milling capacity. The Company is showing excellent growth
and expects this growth to continue through 2013 and 2014.
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.otcmarkets.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, market
competition and Andes's ability to meet current and 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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