AndeanGold Announces Board of Directors Appointment

AndeanGold Ltd. ("the Company" or "AndeanGold") (TSX VENTURE:AAU)(LMA:AAU) is
pleased to announce that Mr. Sergio Stiglich has been appointed to AndeanGold's
board of directors. Mr. Stiglich, who is based in Lima, Peru, has over 20 years
of experience in the Financial Industry. He is Chief Executive Officer of Numa
Americas Corp (USA), a subsidiary of Numa Asset Management ("Numa"), and also
serves as the lead portfolio manager of the Numa Defender Fixed Income Fund. He
joined Numa in 2012 after almost 14 years with Bank of America Merrill Lynch.
Prior thereto, he was affiliated with Banco de Credito del Peru. Mr. Stiglich
holds 2 Bachelors of Arts and a Master of Arts in Financial Management from the
Catholic University of America. He has also completed a Post Graduate Degree on
Capital Markets from the Pontificia Universidad Catolica del Peru. Numa is a
diversified financial services firm providing the capital markets with
innovative strategies through quantitative and qualitative research, portfolio
and risk management expertise, wealth management, investment advisory, financial
structuring, hedging strategies and complex use of derivatives. 


Anthony F. Ciali, President & CEO said, "We are extremely pleased to have
someone with Sergio's extensive financial experience and relationships in the
Americas, and in particular, in Peru, join the board. He was instrumental in
assisting the Company with its recent financing, and will be invaluable to
AndeanGold as we advance the Company's interests in Peru and, in particular, the
Urumalqui Project." 


About AndeanGold Ltd:

AndeanGold Ltd. is engaged in the acquisition, exploration and potential
development of primarily precious metals properties, principally in Peru and
Ecuador. The focus of the Company's exploration activities is presently in
advancing its Urumalqui Project, as well as pursuing mineral property
acquisitions, in Peru. In Ecuador, the Company's activities have been limited to
administrative and legal matters due to the Mining Mandate issued by the Ecuador
Constituent Assembly on April 18, 2008. In November 2009, President Correa
signed the Mining Regulations into law pursuant to the requirements of the new
Mines Law, which was passed in January 2009. This was the final legal precursor
to the re-initiation of exploration and mining development in Ecuador. The
Company has been issued new mining titles under the new Mines law to its three
key Ecuadorian projects and has filed the requisite documents with the Ministry
of Non-Renewable Natural Resources and Ministry of Environment ("MRNNR") in
support of the Company's request to renew exploration programs on its key
projects in Ecuador. In September 2012, the Company received authorization from
the MRNNR to renew exploration programs on its Curiplaya Project.


Please refer to AndeanGold's website at www.andeangoldltd.com for further
information on the Company's projects and activities.


On Behalf of the Board of Directors of ANDEANGOLD LTD. 

Anthony F. Ciali, President, CEO and Director 

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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Corporate Office:
AndeanGold Ltd.
Tony Ciali
732.940.5487
[e-mail]
www.andeangoldltd.com


Investor Relations:
Jamie Mathers
778.879.5084
[e-mail]