Ms. Trish Moran reports

ANDEAN PRECIOUS METALS ANNOUNCES FIRE AT GOLDEN QUEEN'S SECONDARY CRUSHER; OPERATIONS CONTINUE

Operations continue at Andean Precious Metals Corp.'s Golden Queen despite a fire at the secondary crusher. There were no injuries due to the fire and applicable regulatory authorities have been notified.

The fire started last night at approximately 9 p.m. PT within the secondary crusher around the screen deck. Most of the fire lasted for an hour. The company will be conducting extensive inspections to ascertain the cause of the fire and the full extent of the damage.

While the full impact of the fire is yet to be fully assessed, the secondary crusher will be down until repaired, delaying the stacking of new ore on the pad. The company will continue to leach and produce metal; however, it is expected that there will be an impact on solution grade. Short-term mine production plans will be in effect.

The company will provide a further update once a full assessment is completed.

The company has insurance in place, which includes business interruption coverage.

About Andean Precious Metals Corp.

Andean is a growing precious metals producer focused on top-tier jurisdictions in the Americas. The company owns and operates the San Bartolome processing facility in Potosi, Bolivia, and the Soledad Mountain mine in Kern county, California, and is well financed to act on future growth opportunities. Andean's leadership team is committed to creating value; fostering safe, sustainable and responsible operations; and achieving its ambition to be a multiasset, mid-tier precious metals producer.

We seek Safe Harbor.