Animas Resources

Published : January 31st, 2011

Mineral Exploration Projects

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Keywords :   Molybdenum |


Animas Updates Mineral Exploration Projects

 



Animas Resources Ltd (TSX.V:ANI) Animas Resources Ltd. outlines its plans and progress on its gold exploration programs in Mexico and Nevada and its growth strategy for 2011. Animas has received considerable interest in both the gold resources and the molybdenum potential at its Santa Gertrudis property in Sonora Mexico. Several substantial and producing companies are returning for more in-depth closer reviews of the data and property.

Santa Gertrudis, Mexico

In 2010, Animas completed the updated NI 43-101-compliant resource estimate technical report (see news release on January 5, 2011) and as part of that process, has identified 14 specific untested targets with valid exploration potential to add to the near surface precious metal resource base at Santa Gertrudis. At the same time, the Company is assessing the risks and rewards of potentially advancing or venturing the El Tigre molybdenum discovery. The gold resources have similar interest and potential.

During 2011 Animas is hosting field and data reviews of the Santa Getrudis gold and molybdenum targets and entertaining qualified proposals to advance the project. Tours of the property are underway and will continue in February. Animas plans to make the strategic decision as to which options are best for its shareholders during the first quarter of 2011. Options under consideration include signing a joint venture or selling either or both of the gold and molybdenum assets at Santa Gertrudis or advancing the programs within Animas.

Ariel, Mexico

The Ariel prospect, located east of the large Nocazari Cu-Mo deposit in northern Sonora, Mexico, covers approximately 50% of a large outcropping alteration/mineralization system. A major mining company was the successful winner of a recent land auction for the lands surrounding the Ariel concessions. Animas is in contact with that company to explore business opportunities to advance the exploration on that target.

Golden Arrow and Kinsley Mountain, Nevada, USA

Animas has completed its 2010 contractual obligations for the Golden Arrow projects in Nevada completing 16 holes totaling 14,185 feet in search of new and larger deposits at Golden Arrow. At Kinsley Mountain, Animas completed a "back to basics" geologic mapping, soil, stream and rock sampling and ground gravity. Currently Animas and its consultants are synthesizing the data in detail on both projects to identify quality targets.

For 2011, Animas plans to review the properties for additional quality gold targets and concepts. These plans may include conducting additional drilling or advancing the projects with other geological assessments to determine the potential to expand the gold deposits on these projects.

New Project Acquisitions

During 2011, Animas will also continue to seek out quality exploration prospects with potential for new ideas or new techniques that could lead to large and company making new discoveries. To that end, Animas is reviewing several targets in Mexico, Nevada and other North American locations

Gregory E. McKelvey, President of Animas Resources Ltd., commented: "Santa Gertrudis has two valuable assets, near surface gold and a new molybdenum discovery. Our previous exploration focused on discovering large deposits knowing all along that the near surface resources and potential offers a unique opportunity for small scale production. We continue to look to acquire high quality properties that have large deposit potential that our exploration teams can quickly and efficiently identify and effectively test."

About Animas Resources Ltd.

Animas Resources Ltd., a North American mineral resource company focused on acquisition and discovery, consolidated the Santa Teresa District's Santa Gertrudis precious metal and related 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

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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