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LOS ANDES COPPER INTERSECTS 138 METRES GRADING 0.71% CU EQUIVALENT WITHIN 653.2 METRES GRADING 0.43% CU EQUIVALENT


June 12, 2008

Vancouver, BC – Los Andes Copper Ltd. ("Los Andes", or the "Company", TSX Venture Exchange: LA) announces results from the latest four holes of the phase II drilling program currently underway at the Vizcachitas Project in Chile.

Highlights of the results include Hole LAV-124 that intersected 0.34% Cu and 0.014% Mo (0.43% Cu eq.*) over 653.2 metres, including an 88 metre intersection grading 0.65% Cu and 0.016% Mo (0.76% Cu eq.*), Hole LAV-123 that intersected 0.49% Cu and 0.01 % Mo (0.56% Cu eq.*) over 234 metres including 0.60% Cu over 38 metres and LAV-120 that intersected 0.44% Cu and 0.013% Mo (0.53% Cu eq.*) over 183 metres including 0.69% Cu and 0.01% Mo (0.76% Cu eq.*) over 16 metres.

LAV-120 and 124 were drilled on section 1000NE on the east side of the Rocin River. The highest grade mineralization in these holes occurs in biotite–magnetite altered breccia and porphyritic andesite containing chalcopyrite and minor chalcocite. These two holes also include higher than normal molybdenum values. LAV-120 intersected 0.027% Mo over 42 metres, and  LAV-124 intersected 0.03% Mo over 126 metres including 74 metres grading 0.038% Mo.

LAV-123 was drilled on section 1100NE approximately 100 metres north of Hole LAV-120. A higher grade near surface interval occurs in biotite-magnetite altered porphyritic andesite containing chalcocite, covellite and traces of native copper in addition to chalcopyrite. This hole was stopped at 270 metres, despite grading 0.73% Cu over the last 12 metres, because of very high water pressure in the hole. The depth extent of this higher grade interval will be tested in a future hole.

Higher grade intervals in Holes LAV-120, 123 and 124 are consistent with higher grades intersected in other holes in this area, including: previously announced intervals of 90 metres grading 0.60% Cu and 0.013% Mo (0.69% Cu eq.*) in Hole LAV-81, 68 metres grading 0.50% Cu and 0.026% Mo (0.67% Cu eq.*) in LAV-109 and intervals from historical holes of 111.75 metres grading 0.64% Cu and 0.012% Mo (0.72% Cu eq.*) in V-32 and 55.06 metres grading 0.60% Cu and 0.012%Mo (0.68% Cu eq.*) in hole V-47.

LAV-122 was drilled on section 800NE on the west side of the Rocin River. Copper mineralization consisting of chalcopyrite and chalcocite with traces of bornite, is associated with weakly altered porphyritic andesite.

A summary of results from the four holes is given in the table below. Drill hole location maps and sections can be viewed at the Los Andes website www.losandescopper.com.

Hole ID

Total Depth  (m)

 Inclination

 Azimuth

From
(m)

To
(m)

interval
(m)

CuT
(%)

Mo 
(%)

Cu eq
%*

LAV-120

450

-67

110

48

450

402

0.34

0.009

na

including

 

 

 

48

230

183

0.44

0.013

0.53

including

 

 

 

48

168

120

0.45

0.016

0.56

including

 

 

 

48

68

20

0.54

0.010

0.61

and

 

 

 

152

168

16

0.69

0.010

0.76

 

 

 

 

 

 

 

 

 

 

LAV-121

85.85

-80

110

Abandoned due to wall collapse

 

 

 

 

 

 

 

 

 

 

LAV-122

250

-70

290

42

250

208

0.22

0.001

na

 

 

 

 

42

98

56

0.34

0.002

na

 

 

 

 

64

80

16

0.42

0.001

na

 

 

 

 

 

 

 

 

 

 

LAV-123

270

-82

110

36

270

234

0.49

0.010

0.56

including

 

 

 

258

270

12

0.73

0.006

na

and

 

 

 

36

108

72

0.56

0.012

0.64

including

 

 

 

44

82

38

0.60

0.009

na

including

 

 

 

46

62

16

0.66

0.010

0.73

 

 

 

 

 

 

 

 

 

 

LAV-124

717.2

-75

110

64

717.2

653.2

0.34

0.014

0.43

including

 

 

 

194

568

374

0.42

0.019

0.55

including

 

 

 

238

376

138

0.60

0.016

0.71

including

 

 

 

238

326

88

0.65

0.016

0.76

including

 

 

 

264

298

34

0.71

0.015

0.81

including

 

 

 

286

298

12

0.77

0.013

0.86

 (*Copper equivalent is calculated for Mo values greater than 0.01% using US$1.50/lb Cu and US$10.00/lb Mo according to the formula Cu eq% =Cu% + (Mo% x 10.00/1.50) and is not adjusted for metallurgical recoveries or net smelter return which remain uncertain and are assumed to be 100%).

Based on drilling to date, the Vizcachitas mineralization remains open to the south, east and at depth and drilling continues in order to define the limits of the mineralization. An updated resource calculation is currently underway, and a scoping study/initial economic assessment will begin in mid June, with results anticipated in September.

Roger Moss, Ph.D., P.Geo, is the qualified person as defined by National Instrument 43-101 for the Vizcachitas Project. Logging, sampling and splitting of the drill core is conducted at the Vizcachitas site by independent consultants Geologica LTDA. under the direct supervision of geologist Ramon Fam. Samples are securely transported by Geologica staff to the SGS Laboratory in Santiago Chile and analyzed for copper and molybdenum by atomic absorption following a three acid digestion. Dr. Moss and Mr. Fam have visited the laboratory and are satisfied that the sample preparation and analytical procedure is consistent with standard industry practice. Los Andes routinely inserts standards, duplicates and blanks into the sample stream and sends 5% of sample rejects to Actlabs for check analysis.

About Vizcachitas

The Vizcachitas Project offers potential for a low strip, open pit operation in an area of low elevation with excellent infrastructure, including water and power in central Chile. The Vizcachitas deposit occurs in the same metallogenic belt as the large copper-molybdenum porphyries Rio Blanco-Los Bronces, Los Pelambres-El Pachon and El Teniente. Based on 68 drill holes previously completed by General Minerals Corporation and Placer Dome, the project contains an indicated resource of 232 million tonnes grading 0.46% copper and 0.014% molybdenum and an inferred resource of 619 million tonnes grading 0.38% copper and 0.013% molybdenum at a 0.30% copper cutoff  as detailed in the NI43-101 compliant technical report of A.C.A. Howe International Limited dated February 7, 2007. The technical report, as well as additional information about the Vizcachitas Project is available on our website at www.losandescopper.com.

For more information please contact:           

Michael Kuta, Corporate Secretary        Tel: 604-697-6201 or

Roger Moss, President                           Tel: 416-516-6050

E-Mail: info@losandescopper.com  or visit our website at: www.losandescopper.com

This document contains certain forward looking statements which involve known and unknown risks, delays and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or expectation implied by these forward looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.

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