BC Securities Commission Issues Cease Trade Order in British Columbia.

LIMA, Peru -- On May 4, 2005, the BC Securities Commission issued a cease trade order, effective only in British Columbia, against Andresmin Gold Corporation ("Andresmin" or the "Company") (OTCBB:ADGD). Pursuant to the terms of the cease trade order, the Executive Director of the British Columbia Securities Commission ("BCSC") ordered that trading (with exceptions for non-insiders) in the securities of Andresmin cease in British Columbia until:

1. it files the required technical report, completed in accordance with the British Columbia Securities Act and the regulations, and

2. the Executive Director of the BCSC makes an order under section 171 of the Act revoking this order.

The Executive Director of the BCSC also provided that, despite this order, a British Columbian beneficial shareholder of Andresmin, who is not, and was not at the date of this order, an insider or control person of Andresmin, may sell securities of Andresmin acquired before the date of this order if:

1. the sale is made through a market outside Canada,

2. the sale is made through an investment dealer registered in British Columbia, and

3. the investment dealer maintains a record of the details of the sales made under this provision.

The Company disputes the allegations of the BCSC which form the basis of the cease trade order, and specifically denies that its head office is in Vancouver or that the BCSC has any jurisdiction over the Company's activities. Nonetheless, as Andresmin makes every effort to be cooperative with regulators it will, as a good faith matter, attempt to alleviate the concerns of the BCSC.

About Andresmin Gold Corporation

Andresmin is committed to building shareholder value through the acquisition, exploration, and development of high quality mineral projects in the prime Central Andes region of South America, which annually produces 42% of the world's copper (over $18 billion each year). The Company has an impressive property portfolio with ten projects of merit encompassing 16,400 hectares of strategically located and highly prospective ground. The Winicocha copper-gold project in southern Peru is Andresmin's flagship project. Exploration is ongoing on all projects. Andresmin trades under the symbol ADGD on the NASDAQ over-the-counter bulletin board.