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ANIMF: Finra deleted symbol:
http://www.otcbb.com/asp/dailylist_detail.asp?d=04/23/2014&mkt_ctg=NON-OTCBB
Animas advances metallurgical test work planning and land access at the Santa Gertrudis Gold Project, Mexico.
Animas Resources Ltd. (TSX.V: ANI) continues to advance its land access case against several Mexican citizens, and the Company hopes to regain property access and surface rights shortly. While work continues on the land access issues, Animas has contracted Process Engineering L.L.C. to advise the Company on metallurgical test work. Additionally, the Company has received all environmental permits necessary for exploration drilling at the Santa Gertrudis gold project, and a drill contractor has been selected. Exploration program planning for the 100% owned Desierto property also is in progress.
Santa Gertrudis Property Access Update
In October, 2011, Animas announced that a Mexican citizen and his associates had blocked access to a large portion of the 100% owned Santa Gertrudis Gold Property, and had sampled material from the heap leach pads that remain on-site from previous mining operations (Campbell Resources and Phelps Dodge Corp). These leach pads are located on mineral concessions currently held in good standing by Animas, and the Company also has a current surface rights/use agreement with the surface owners (Ejido Seis de Enero).
Since October, Animas has been vigorously fighting this illegal action through the Mexican legal system, and to date, the Company has made significant progress towards resolving the issue. A criminal legal action against the involved Mexican individuals was filed late last year with the Ministerio Publico in Magdalena, Sonora, and in recent months, the Company has had very productive discussions with both the Sonora State Attorney General's office (Procuraduria General) and the office of the Secretary of Economy (Secretaria de Economia). The State Attorney General and the Secretary of Economy both strongly support the Company's position, and it is expected that the Company will be granted provisional restitution (full access) of the property while the matter moves through the Mexican court system.
Santa Gertrudis Gold Project Exploration & Metallurgical Plans
Although only a relatively minor amount of physical work has been done on the property since October 2011, during this time the Company has made extensive plans for future work on the project. Process Engineering L.L.C. (Eugenio Iasillo P.E.) of Tucson, Arizona has been contracted to advise the Company on a metallurgical test program to support the flow sheet contemplated for the project, and bids for this planned work have been received from three highly-respected, competent independent, metallurgical test labs (Kappes Cassidy and Associates, Metcon Research, and McClelland Laboratories). Discussions have also be held with Herbert E. Welhener of Independent Mining Consultants, Inc. (IMC) of Tucson, Arizona, and IMC have agreed to provide preliminary resource modeling, mine planning, and preliminary economic scoping studies for Animas. Environmental and drilling permits have now been approved by SEMARNAT, and Major Drilling de Mexico SA de CV has been contracted to do a minimum of 5,000 meters of diamond core drilling in the Cristina, Trinidad, and Silicoso areas of the Santa Gertrudis Gold Project.
Additional Activities Planned for 2012 - Desierto and Ariel Properties
In addition to the legal activities and program planning work at Santa Gertrudis, the Company has continued to review high quality gold submittals within the Sonora Gold Belt, plan for additional work on the 100% Animas-held Desierto prospect near Sonoyta, Sonora, and review possible high-quality mergers/acquisitions.
The Company continues to have outside interest in the Ariel copper porphyry prospect near Nacozari, Sonora. Two major companies recently reviewed Animas' data from the property and their interest was strong enough that they have scheduled site visits for mid-April 2012.
ANIMAS PROVIDES FINANCING UPDATE & SANTA GERTRUDIS GOLD PROJECT UPDATE
Animas Resources Ltd. (TSX.V:ANI) has closed on $1.2 million of the financing with Ernesto Echavarria as the sole participant. Mr. Echavarria may fund Animas with additional funds at a future date as approved by the shareholders for up to a 39.1% interest in Animas. Mr. Echavarria now owns approximately 27.7% of the issued and outstanding common shares of Animas.
Mr. Echavarria has been a strong supporter of Animas and the Company is pleased to have him as a significant shareholder. Mr. Echavarria has also funded other exploration companies which have been very successful and may participate in future private placements completed by Animas.
Santa Gertrudis Property Update
In October 2011, Animas announced that a Mexican citizen and his associates blocked access to a portion of the Santa Gertrudis Property, 100% owned by Animas, and had taken some samples from the old gold leach pads that are on site from the former gold mining operations.
Animas is opposing this illegal action in the Mexican court system, and the Company has held meetings with various Sonora State governmental officials, all of whom strongly support Animas’ case. Animas continues to believe that this situation will be decided in the Company's favor but that it will take additional time to resolve the issue within the Mexican legal and governmental systems.
Currently, Animas has a drilling contract in place with Major Drilling and an approved environmental drilling permit, and the Company continues to plan and design a metallurgical test program on gold mineralized material from Santa Gertrudis.
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 development, 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.
Animas Acquires Large Gold Property in the Sonora Gold Belt, Mexico
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Animas Resources Ltd (TSX.V:ANI) ("Animas" or the "Company") recently acquired a large property position within the Sonora Gold Belt of western Sonora State, Mexico called the Desierto Project by way of staking. This highly prolific region of known gold mineralization/production is located along the Arizona-Sonora Megashear, and it contains the large Penmont (Fresnillo-Newmont) Herradura gold mine complex (10+MM ozs Au) and numerous other, smaller gold mines and prospects (Noche Buena, La Choya, San Francisco, El Chanate, etc.).
This new Desierto property totals 27,757 hectares and was originally identified by Animas personnel during the second quarter of 2011. Animas has been conducting reconnaissance exploration within this highly prospective region of northern Mexico for most of 2011, and this prospect is a direct result of this ongoing exploration work.
The Desierto area is comprised of deformed Mesozoic meta-volcanics, meta-sedimentary, and meta-intrusive rocks which have been intruded by an undeformed, post-mineral Laramide granite. Numerous gold occurrences exist along the southeastern margin of the prospect area, and in one area, a very small scale mining operation is in progress. The gold occurrences in this area are associated with relatively flat lying quartz veins and shears, and are hosted in highly deformed meta-volcanic rocks of presumed Mesozoic age. The area west of the gold occurrences is covered by recent gravels and based on an airborne magnetic survey by the SGM (Servicio Geologico Mexicano), the gravels in this area are believed to be relatively thin. The known gold occurrences trend northwesterly and it is believed that a significant gold deposit may exist to the northwest under thin, post-mineral gravel cover.
Additional, more detailed geological mapping, rock-chip/biogeochemical sampling, and gravity surveying are scheduled for the Desierto Project during the 4th Quarter of 2011, and it is expected that a shallow, RAB-type drilling program will be initiated within the area during the 1st Quarter of 2012.
John R. Wilson, President of Animas Resources Ltd., commented: "This region of northern Sonora is known to host world class gold deposits, and Animas' continuing work within the region strengthens our belief that additional, large gold deposits remain to be discovered. The majority of the known deposits within the region were discovered in outcrop, and we believe that the shallow, alluvial-covered basins offer exceptional, untested, discovery potential."
Animas is also continuing further work at its flagship Santa Gertrudis Gold Project in Mexico but has experienced some delays in certain areas caused by barriers put up on access roads by a group that has been sampling the heaps from the former gold mining operations at Santa Gertrudis. Animas has notified the authorities about these illegal "miners" and is taking strong legal action on multiple fronts to resolve this issue.
Animas has also set the date for the Special General Meeting for its shareholders to vote on the increase in ownership of the Company by Mr. Ernesto Echavaria to approximately 39% by way of a $3.4 million financing.
ANIMAS PLANS AN AGGRESSIVE PROGRAM IN Q4 AT SANTA GERTRUDIS
? Commencement of a Pre-feasibility Study to preliminarily assess the economic viability of new gold production at Santa Gertrudis
? Limited exploration drilling within the Cristina, Silicoso and Trinidad areas (Santa Gertrudis) ? Continuing generation of new projects within the Sonora Gold Belt (Herradura-type gold
systems) ? Continue review of high quality acquisition targets / properties throughout Mexico
Animas Resources Ltd (TSX.V:ANI) Animas Resources Ltd. plans to begin an aggressive exploration/pre-feasibility program at the Santa Gertrudis gold project in northern Mexico. This program will be financed by the $3.4 million financing announced with a strategic shareholder earlier today, and from cash on hand. The program will shift Animas from an exploration approach at Santa Gertrudis to moving the project towards gold production.
John R. Wilson, President of Animas Resources Ltd., commented: “Santa Gertrudis has two valid assets: near surface, potentially mineable gold resources and a new molybdenum discovery at El Tigre. Previously, exploration had been focused on discovering large deposits while knowing all along that the near surface gold resources offered a unique opportunity for relatively near-term gold production. We continue to look to acquire high quality targets that have large deposit potential that our exploration teams can quickly and efficiently identify and effectively test.”
Prefeasibility Study for gold production at Santa Gertrudis
The commencement of a major prefeasibility mining study at Santa Gertrudis, Mexico is in the planning stages and will begin in Q4, 2011. The Santa Gertrudis gold project has a NI 43-101 compliant resource of 557,000 ounces announced on January 5, 2011 (see Table 1), and this study will begin an in depth evaluation of the economic viability of these resources. The program to complete the PFS will include infill drilling within the known resource areas, block modeling, engineering studies, metallurgical test work, and mine/plant design. Concurrently with the pre-feasibility program, the Company will conduct selective exploration drilling within the Silicoso, Cristina Deep, and Trinidad areas for the purpose of adding significant additional gold resources to the existing resource base in these areas.
Selective new project review program
Animas will also continue working on selective prospect and project review for gold, silver and copper projects within northern Mexico. This program has been ongoing for most of 2011, and it is primarily targeted at identifying new gold acquisition targets for the Company. This program is planned to be continued during the remainder of 2011, and the Company is optimistic that high quality gold projects can be identified and acquired.
ANIMAS RESOURCES LTD. TSX-V: ANI
#410 - 325 Howe St., Vancouver, BC Canada V6C 1Z7 • Tel: 604-687-6197 • Fax: 604-688-3392 •
Exploration programs
The Company will continue with reconnaissance exploration within the Sonora Gold Belt of western Sonora, Mexico (Arizona-Sonora Megashear). This project also has been ongoing for most of 2011, and it is designed to identify early-stage, Herradura-type, orogenic gold prospects with the potential for 1MM+ ounces of gold. Numerous prospects have been reviewed during this program, and one, highly prospective, covered gold target currently is being acquired. Additional information on this project will be provided as it becomes available.
Ariel Copper Project
The Company will continue to look for JV/Option partners for the Ariel property near the very large Nacozari Cu-Mo porphyry deposit (Grupo Mexico). Teck Resources Ltd. has staked a large area of ground adjoining the Ariel property.
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 development, 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 Roger C. 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.
ANIMAS TERMINATES GOLDEN ARROW OPTION
& PROVIDES PROJECT UPDATES
Animas Resources Ltd (TSX.V:ANI) (“Animas”) has terminated the Mining Option Agreement for the Golden Arrow property in Nye County, Nevada effective March 11, 2011. Animas completed a detailed review of the geology, geophysics, geochemistry, and drilling results, and, determined that the remaining potential at the Golden Arrow property does not meet Animas’ business criteria for new discovery.
Animas tested certain areas of the project for gold mineralization in the fall of 2010. Other areas of the project may still be prospective for expansion of the known resources and new discoveries at Golden Arrow, but Animas has determined that they do not meet Animas’ size criteria. As such, the Company terminated its Mining Option Agreement on the Golden Arrow property dated March 30, 2010 with Nevada Sunrise Gold Corp. (“Nevada Sunrise”) and Intor Resources Corporation.
Project Updates
Animas is continuing with the Kinsley Mountain earn-in joint venture with Nevada Sunrise and is planning for an early spring program of selective follow-up soil and rock sampling looking for evidence of leakage from favorable host rocks and environments that are capped by less reactive overlaying dolomite units. The extensive geochemical data at Kinsley Mountain is being reprocessed in light of evolving ideas on the style of gold mineralization in eastern Nevada.
Animas is also continuing to evaluate options for the El Tigre molybdenum discovery at Santa Gertrudis and has allowed site visits by qualified parties to review the gold resources and near surface potential at Santa Gertrudis.
The Ariel prospect in Sonora, Mexico is also under review by a qualified third party. Animas is also currently reviewing certain specific quality precious metal prospects in Mexico. Animas’s team is focused on making valuable mineral discoveries through detailed analytical work which leads to new interpretations and ideas before drill testing targets, and the team continues to review projects with the potential for significant valuable mineral deposits.
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.
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
Animas Files Resource Estimate Report for Santa Gertudis Project
http://www.sys-con.com/node/1665691
ANIMAS ANNOUNCES THREE-FOLD INCREASE IN GOLD RESOURCE ESTIMATES FOR THE SANTA GERTUDIS PROJECT FROM THE PRIOR NI 43-101 REPORT
http://www.animasresources.com/i/pdf/2010-11-17_NR.pdf
Updates On Golden Arrow, Nevada
Nov. 9, 2010 (Market News Publishing) --
ANIMAS RESOURCES LTD ("ANI-V") - Updates On Golden Arrow, Nevada
Animas Resources Ltd.
Exploration drilling at the Golden Arrow project has been completed. The drilling program included 4 diamond core holes for 3,785 feet drilled by Major Drilling and 10 reverse-circulation drill holes for 10,400 feet drilled by Envirotech Drilling. Drill core has been saw-split, and all drill samples are being analyzed for gold and multielement geochemistry by American Assay Laboratories of Sparks, Nevada. The drilling program was designed to test both for additional centers of "hot-springs style" gold mineralization similar to resources already defined on the property, as well as for "Round Mountain-style" disseminated gold mineralization near the volcanic caldera margin within poorly-welded rhyolite tuff.
A NI 43-101-compliant Technical Resource Estimate Report for the Golden Arrow gold project dated June 9, 2010 can be found on www.sedar.com and on the Company's website.
Gregory E. McKelvey, President of Animas Resources Ltd. commented: "Drilling encountered rock exhibiting visual evidence of strong hydrothermal alteration, however until assays are received, it is impossible to know for sure if our gold target concepts are valid. The technical information received represents a significant advancement for this exciting gold exploration project."
About Animas Resources Ltd.
Animas Resources Ltd.'s mission is to grow the Company through discovery and acquisition of high-quality mineral deposits of a significant size and to build upon the historic and current gold resources. The Company maintains a pipeline of only the highest quality projects including Santa Gertrudis in Sonora Mexico, Golden Arrow and Kinsley Mountain in Nevada, USA.
This news release was prepared by Company management, who take full responsibility for its content.
You may register to receive future news releases at www.animasresources.com.
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.
Capitalization Report for Animas Resources Ltd
Shares Issued: 41777251
Shares Escrow: 3973928
TSX Venture closing price for Animas Resources
Date: 2010/11/08
Closing Price: 0.430
Animas Resources Announces $1.6 Million Financing
VANCOUVER, BRITISH COLUMBIA, Nov. 2, 2010 (Marketwire) -- Animas Resources Ltd. (TSX VENTURE:ANI) is pleased to announce that it has agreed to complete a non-brokered private placement of 4,571,428 units (a "Units") at $0.35 per Unit for gross proceeds of $1.6 million, subject to acceptance by the TSX Venture Exchange. Each Unit is comprised of one common share and one-half of one non-transferable common share purchase warrant. Each warrant entitles the holder to purchase one additional common share for a period of 24 months at a price of $0.55 per common share.
The financing will be taken up by a group of strategic investors who have been long term supporters of Animas in the past, both financially, and by assisting with growth strategies and contact networks. Insiders of Animas will be participating for more than 25% of the placement. The securities will have a four-month hold from closing.
The financing proceeds will be used for mineral exploration in the Golden Arrow and Kinsley Mountain properties in Nevada and general corporate purposes. Finder's fees of 7% cash and 7% warrants may be paid on a portion of these offerings.
About Animas Resources Ltd.
Animas Resources Ltd.'s mission is to grow the Company through discovery and acquisition of high-quality mineral deposits of a significant size and to build upon the historic and current gold resources. The Company maintains a pipeline of only the highest quality projects including Santa Gertrudis in Sonora Mexico, Golden Arrow and Kinsley Mountain in Nevada, USA.
This news release was prepared by Company management, who take full responsibility for its content.
You may register to receive future news releases at www.animasresources.com.
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.
Animas Resources Ltd. President & Director 604-687-6197 604-688-3392 (FAX) www.animasresources.com
Latest news. . .
http://www.animasresources.com/i/pdf/El-Tigre-Mo-RS.pdf
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