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