Animas Resources Ltd.
TSX VENTURE : ANI

Animas Resources Ltd.

January 14, 2008 16:00 ET

Animas Resources Forms Geophysical Special Projects Group

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 14, 2008) - Animas Resources (TSX VENTURE:ANI) is pleased to announce the formation of a Geophysical Special Projects (GSP) group to assist with the current exploration program at the Santa Gertrudis project area. The GSP group will focus on analysis of the extensive geophysical database acquired from the previous operations in the Santa Gertrudis area and begin new, target-specific, ground geophysical operations to assist the geological team, headed by John Wilson, V.P. Exploration, with further drill target delineation. John Reynolds of Durango Geophysical Operations will oversee and coordinate the activities of the GSP group.

- Dr. Craig Beasley of Wave Geophysics L.L.C., Evergreen, Colorado will lead the aeromagnetic data reprocessing and 3D inversion efforts and take a primary role in the integration of the geophysical datasets with the geological and geochemical information.

- Condor Consulting Inc., Lakewood, Colorado, recognized experts in the field of airborne electromagnetics have been retained to perform a detailed interpretation of the existing airborne EM data.

- Quantec Geoscience, Reno, Nevada, will commence a detailed induced polarization and resistivity survey in January to further delineate targets for our Santa Gertrudis drilling program.

The goal of this program is the integration of the geophysical data sets and model products with the extensive focused geologic GIS database consolidated by Animas Resources' technical team. Additionally, Durango Geophysical Operations will focus a specialized reconnaissance induced polarization (RIP) program in January to help identify additional prospective target areas in the extensive gravel covered areas to the northwest of the main historical Santa Gertrudis production zone. This RIP technique will explore southeast of the Santa Gertrudis trend beyond the known Greta/Ontario/El Tigre zone recently optioned to Animas Resources from MetalQuest Minerals. Preliminary review of the existing aeromagnetic data suggests that favorable conditions for additional Santa Gertrudis type mineralization extend to the southeast.

Past operations by Phelps Dodge and Campbell Resources have produced over 5100 line-kilometers of helicopter aeromagnetic data, of which over 3200 line-kilometers also include multi-frequency EM data, radiometric data, and VLF-EM data. These existing data are of very high quality and provide comprehensive coverage of the past producing areas at Santa Gertrudis. These data have been used minimally by the past owners and only to the extent then possible by processing techniques of the mid-1990's. Significant technical strides have been made within the geophysical community across the last 12 years and having very high quality airborne magnetic, electromagnetic, and radiometric data sets will allow Animas to help understand the mechanisms of mineralization control and at the same time to generate new prospective target zones.

The GSP group efforts will be focused on locating additional shallow gold oxide resources within the footprint of past mining operations in addition to looking at all potential projects for large Carlin-like gold occurrences in the Santa Gertrudis project area of the Santa Teresa District.

"Any time we can apply new ideas and techniques to extensive high quality historic data in a productive district, we often identify more targets than we initially expect. Wave Geophysics, Condor Consulting, Quantec Geoconsulting, and Durango Geophysical Operations all have proven abilities to identify the best targets and opportunities whether they are in line with existing concepts or represent totally new targets and/or concepts of exploration never previously considered," commented Gregory McKelvey, CEO of Animas Resources.

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 323.75 square kilometer land holding. The Company also controls the 274-square-kilometer Shirley exploration concession in the Bacanuchi area of Northern Mexico.

This news release was prepared by Company management, who take full responsibility for content.

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

Gregory E. McKelvey, M.S. (Geol.), President & Director

The historical estimates are based on internal reports prepared by prior owners and as such have not been prepared in accordance with NI 43-101, thus their reliability has not been verified. The estimates did not use resource or reserve categories accepted by the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM").

This press release was reviewed by Dr. Roger C. Steininger, a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators. 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 SEC (available at www.sec.gov) and with 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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Animas Resources Ltd.
    Gregory E. McKelvey, M.S. (Geol.)
    President & Director
    (604) 687-6197
    (604) 688-3392 (FAX)
    Website: www.animasresources.com