Andes Gold Corporation Announces Earnings Results for the Six Months Ended June 30, 2012; Provides Earnings Guidance for the Year Ending December 31, 2012
The company also provides earnings guidance for the year ending December 31, 2012. For the year, the company expects total revenues in excess of $6,000,000 and net profits in excess of $1,000,000 for the year ended December 31, 2012. The projections are based on existing production, increasing mining production by 20% and increasing milling operations. As development continues, the Company will continue growing at an accelerated rate.