AAU Angold Resources Ltd

AndeanGold Ltd. ("the Company" or "AndeanGold") (TSX VENTURE:AAU) is pleased to
announce that it has signed a drilling agreement with Explomin Del Peru S.A.C.
("Explomin"), based in Lima, for its advanced-stage Urumalqui Au-Ag exploration
project (the "Project") in Peru. Explomin is in the process of mobilizing the
diamond core drill rig, and drilling is expected to commence at the Project
during the week of March 28, 2011.


The Phase I drill program (the "Program") will focus on infill drilling to a
depth of 200 meters along the central and southeastern segments of the Urumalqui
Vein, which cover 1.0 kilometre of the 1.5 kilometre Urumalqui Vein outcrop
where the majority of the Project's historical drilling programs was
concentrated. The Program will include a minimum of 3,000 metres of diamond core
infill drilling, which is intended to achieve an overall drill hole spacing of
approximately 50 metres over the 1.0 kilometre vein strike, to a depth of 200
metres. This level of drilling density should optimize the results of a NI
43-101 resource estimate, which the Company plans to commission upon completion
of the Program.


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 in support of the
Company's request to renew exploration programs on its key projects in Ecuador.
The Company is actively working with government officials to achieve this end.


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

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