Animas Resources

Published : May 20th, 2009

announces 23 % increase in the Cristina oxidized gold deposit at Santa Gertrudis, Mexico

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Re:        News Release - Tuesday, May 19, 2009
Title:     Animas Resources Ltd announces 23 % increase in the Cristina oxidized gold deposit at Santa Gertrudis, Mexico

Animas Resources Ltd. (TSX-V: ANI) ("Animas" or the "Company") is pleased to announce the completion of a new NI 43-101-compliant resource estimate for its oxidized Cristina gold deposit at Santa Gertrudis, Mexico. Mine Development Associates, Inc. (MDA) of Reno, Nevada, as part of completing a new NI 43-101 report for Animas, provided the new resource estimate. The new estimate represents a 23% increase from the historic estimate for the deposit and the Cristina resource is considered open locally to the south and west. Animas continues to work on the geology cross-sections and data for other deposits within the district concentrating in those areas considered to have the best potential for larger gold systems. The Company is due to release the complete NI 43-101 technical report within 45 days.



MDA states that at Cristina "The gold mineralization occurs predominantly above a low-angle fault zone gently dipping at about 30o to the west-southwest. The deposit as it is presently defined is traceable along strike for at least 600 meters and down dip for at least 300 meters. At a 0.3g Au/t cut-off, the Cristina deposit contains an Inferred resource of 7,139,000 tonnes at an average grade of 0.66g Au/t for a total of 152,000 ounces of gold. The supporting geologic interpretations and the apparent predictability of the deposit suggest that with a few infill drill holes for verification and some density measurements and more metallurgy, a good portion of the deposit resource could be upgraded to at least Indicated." Metallurgical work by Phelps Dodge in 19911 indicates the potential for reasonable heap leach recoveries. MDA states that "The results of 57 bottle roll cyanide leach tests, and 2 bulk column cyanide leach tests, indicate that a 70% gold extraction rate can be used to determine an economic cut-off for the reported resource". The Cristina gold deposit crops out and is a potentially low strip-ratio, open pit operation.

Total Gold Resources for Cristina: Inferred
Cutoff
g Au/t
Tonnes Grade
g Au/t
Ounces
Au
0.2 10,879,000 0.52 181,000
0.3 7,139,000 0.66 152,000
0.4 5,526,000 0.75 134,000
0.5 4,425,000 0.83 118,000
0.6 3,480,000 0.91 102,000
0.7 2,671,000 0.99 85,000
0.8 1,893,000 1.08 66,000
0.9 1,241,000 1.21 48,000
1 851,000 1.33 36,000
1.5 167,000 1.96 11,000
2 49,000 2.58 4,000
3 11,000 3.36 1,000




Cross Section of the Cristina Geology, Gold Domains, and Block Model (Section 500)





Gregory McKelvey, President & CEO of Animas commented "Cristina is one of the oxide gold deposits at Santa Gertrudis and it has untested extensions to the south and west. A similar geologic setting exists to the north which represents an exploration opportunity. This new Inferred resource compares favorably with the historic resource estimates listed from previous reports. Anderson and Hamilton (2000) listed Cristina at 126,029 historic ounces gold contained within 6,030,000 tonnes at an average grade of 0.65g Au/t using a 0.3g Au/t cut off. The Company continues to review the oxide deposits in the Cristina area that may have economic potential. Cristina is one of the 30 known deposits within the Santa Teresa Mining District and it was not mined by previous operators because of the then-prevailing low gold prices and the distance to the leach pads and extraction infrastructure."

1 This metallurgical data is historical in nature and is presented here as an indication of the leachability of the deposit.

About Animas Resources Ltd.

Animas Resources Ltd., a North American mineral resource company focused on acquisition and discovery in Latin America, has re-consolidated the Santa Teresa District's Santa Gertrudis gold deposits and prospects within a 562 square kilometer land holding. Our mission is to grow Animas Resources through discovery and acquisition of high quality mineral deposits and to build upon the historic gold resource base at Santa Gertrudis, Mexico, and maintain a pipeline of only the highest quality projects.

This news release was prepared by Company management, who take full responsibility for its content. The technical disclosure in this press release has been reviewed by Dr. Roger Steininger, a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators.

For additional information, contact Animas Resources Ltd. at 604-687-6197, or you may register to receive future news releases at www.animasresources.com.

"Gregory E. McKelvey"
____________________
Gregory E. McKelvey, President & Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains "forward-looking information" which may include, but is not limited to, statements with respect to drilling plans, timing of our planned NI 43-101 resource report, timing of assays, resource estimates, projections, our planned exploration and drilling programs, the availability of future financing for exploration and other plans, projections, estimates and expectations. Such forward-looking statements reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions, including, the risks and uncertainties outlined in our most recent financial statements and reports and registration statement filed with the Canadian securities administrators (available at www.sedar.com). Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated or expected


Copyright � 2009 ANIMAS RESOURCES LTD. (ANI) All rights reserved. For more information visit our website at http://www.animasresources.com/ or send email to info@animasresources.com ..

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Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

Animas Resources

EXPLORATION STAGE
CODE : ANI.V
ISIN : CA0352651073
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Animas Res. is a gold and molybdenum exploration company based in Canada.

Its main exploration properties are SANTA GERTRUDIS and BACANUCHI in Mexico.

Animas Res. is listed in Canada. Its market capitalisation is CA$ 14.0 millions as of today (US$ 12.7 millions, € 9.2 millions).

Its stock quote reached its highest recent level on March 07, 2008 at CA$ 2.14, and its lowest recent point on November 15, 2013 at CA$ 0.03.

Animas Res. has 73 630 000 shares outstanding.

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Annual reports of Animas Resources
2008 Annual Report
Annual report 2007
Financings of Animas Resources
10/9/2013Extends Warrant Expiry Date
5/7/2013Completes $625,000 Financing
4/29/2013Private Placement Terms Amended
4/4/2013Arranges $600,000 Private Placement
6/21/2011Closes $1,015,000 Financing
Nominations of Animas Resources
12/2/2013appoints Mark T. Brown as President & CEO
Project news of Animas Resources
11/25/2013(Santa Gertrudis)agrees to sell Santa Gertrudis to GoGold Resources
10/4/2012(Santa Gertrudis)s on Gold Exploration at Santa Gertrudis, Mexico
4/20/2012(Santa Gertrudis)advances metallurgical test work planning and land access at...
10/7/2011Acquires Large Gold Property in the Sonora Gold Belt, Mexico
9/21/2011sells Kinsley Mountain interest to Pilot Gold Inc.
3/22/2011(Golden Arrow)Terminates Golden Arrow Option & Provides Project Updates
7/22/2010Encounters Molybdenum System At El Tigre, Starts New Ni43-10...
3/25/2010(Santa Gertrudis)Plans Exploration at Ariel Copper/Gold Target and Updates on...
11/19/2009(Santa Gertrudis)Updates Drill Progress at Santa Gertrudis; Grants Options
10/23/2009(Santa Gertrudis)Announces the drilling program has started at Santa Gertrudi...
9/28/2009(Santa Gertrudis)Announces Targets for Santa Gertrudis drilling program and M...
8/27/2009(Santa Gertrudis)signs contract for Santa Gertrudis drilling program.
7/3/2009(Santa Gertrudis)announces filing of its NI 43-101 report For the Santa Gertr...
5/20/2009(Santa Gertrudis)announces 23 % increase in the Cristina oxidized gold deposi...
3/2/2009(Santa Gertrudis)Drills 8.5 meters of 2.814 gpt Gold Which Includes 0.8 meter...
2/23/2009(Santa Gertrudis)Drills 26.6 Meters of 1.405 gpt Gold in the Santa Teresa Dis...
9/16/2008(Bacanuchi)Identifies Five Covered Porphyry Copper Targets and Complete...
6/20/2008(Santa Gertrudis)drill targets
3/6/2008(Santa Gertrudis)Acquires the San Enrique and Greta Properties
1/29/2008(Santa Gertrudis)Stakes an Additional 5,000 Hectares
Corporate news of Animas Resources
4/23/2014GoGold and Animas Announce Successful Acquisition of Animas ...
4/16/2014Animas Shareholders' Meeting - Approval of Arrangement
2/19/2014Encourages Shareholders to Tender Shares to GoGold Offer
1/8/2014mails Directors' Circular and cancels Special Meeting
12/30/2013Responds to GoGold proposal to Acquire Animas
9/12/2013(Santa Gertrudis)s on Ejido Election and Santa Gertrudis
7/19/2013(Santa Gertrudis)' Deal with DKM at Santa Gertrudis Expires
3/25/2013Clarifies Some of Its Prior Technical Disclosure
2/25/2013(Santa Gertrudis)Joint Ventures Santa Gertrudis for Gold Production
6/28/2012(Santa Gertrudis)Regains Full Access to Santa Gertrudis
8/31/2011to Raise $3.4 Million From a New Controlling Shareholder
6/9/2011Announces $1 Million Financing
5/3/2011(Santa Gertrudis)Commisions Study to Advance Santa Gertrudis, Prepares for Ad...
1/31/2011 Mineral Exploration Projects
7/20/2010Advances Exploration At Golden Arrow Gold Property, Nevada
2/11/2010Reports Encouraging Assay Results From the Escondida & Pirin...
11/3/2009Announces a second drill will be added at Santa Gertrudis.
7/6/2009Names Bob Bishop to Advisory Board; Reports on Larger Tonnag...
7/3/2009Al Korelin Interviews Bob Bishop and Greg McKelvey, Presiden...
6/30/2009Graduated to Tier One
1/8/2009Forms Special Committee to Evaluate Business Opportunities a...
9/10/2008and market update
7/22/2008recent coverage
6/27/2008begins new drilling
6/10/2008adopts sharholders rights plan
5/9/2008project development update press release
3/25/2008Stakes an Additional 10,770 Hectares
1/17/2008Transfers Outstanding Data to Mine Development Associates
1/15/2008Forms Geophysical Special Projects Group
1/10/2008Upcoming conference
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