Andes Gold Corporation announced earnings results for the six months ended June 30, 2012. For the period, the company reported total revenues of $2,793,923 compared to revenues of $1,824,363 for the six months ended June 30, 2011. This is an increase of $960,560 or 53% over the prior year. Net profits were $481,871 compared to $265,303 last year. This represents an increase in profits of 81.6%.

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.