Animas Resources Ltd.
TSX VENTURE : ANI

Animas Resources Ltd.

December 19, 2007 09:00 ET

Animas Resources Identifies Six Large Areas to Prepare for Drill Testing

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 19, 2007) - Animas Resources' (TSX VENTURE:ANI) technical team has initially identified six high-quality areas within the main Santa Gertrudis historic gold-producing part of the Santa Teresa mining district, each one of which appears to contain valid potential for multi-million ounce targets. Animas Resources identified these areas by consolidating several past operators' data into a modern GIS data base system and through extensive work in the field. These potentially could produce stand alone gold deposits and are characterized as follows:

- Corral - Sofia: A 2 km long by 350 m wide, northwest alignment of known historic producing mines (Corral, Corral Northwest, Hilario, and Sofia) and listed historic resources, within one of the most favorable host rocks known in the district. This project has very limited drilling outside of the immediate pit areas, anomalous rock samples up to 8 gpt Au. Induced Polarization (IP) anomalies, calcareous / carbonaceous sedimentary rocks that host known gold mineralization, and vertical mineralized structures ("feeder") within the known pits suggest that the area also may have excellent potential for deeper Au mineralization. The Corral - Sofia project contains both targets for extensions of known deposits and targets between known deposits

- El Toro - Agua Blanca: A 2.5 km by 350 m northwest alignment of past-producing mine for leach gold mines, non-43-101 compliant historic resources(1), surface gold (rock and soil), with associated pathfinder trace elements and coincident IP anomalies along a major feeder-type structure cutting the most favorable host rocks. There is only limited drilling between the historic mines.

- Berta NW: This area is anchored by ore grade intercepts under the former office and plant sites, is 3.5 km long by 1 km wide, is a northwest-trending zone of very anomalous Au soil/rock geochemistry with highly anomalous As, Zn, and Mo in soils, a distinct radiometric signature, and a major IP anomaly within a highly prospective stratigraphic sequence. Berta contains both extensions from known deposits type targets and more distal type targets.

- Amelia - Trinidad: A 4 km long by 500 m wide east-west alignment of past producing deposits with corresponding rock and soil gold and trace element anomalies. The zone of alteration extends well beyond the known deposits and there is only limited drilling between the Amelia and Trinidad deposits. A northwest-trending zone containing a historic non-43-101 compliant gold resource(1) (Trinidad - 8,000 +/- ounces Au), seven anomalous gold and locally coincident rock/soil geochemical anomalies (rock chips up to Au 8 gpt), and a distinctive radiometric anomaly in a highly prospective stratigraphic sequence. This zone parallels the main Amelia - Pirinola and Toro - Corral trends and may be a previously unrecognized mineral trend. The Amelia - Trinidad project contains both extensions of known deposits type targets and distal type targets.

- Dora / Cristina: A 4 km long by 400 m alignment of high level gold deposits, IP anomalies, and surface rock and soil gold and trace element anomalies with a historic non-43-101 compliant Au resource(1) (88,600 +/- ounces) that extends north along strike and west under gravel cover, a major three line IP anomaly, and a well-defined, high-angle mineralized structure ("feeder") that may have excellent potential for controlling deep Au mineralization. Dora contains both extensions of known deposits and distal type targets.

- Greta / Ontario: large area of historic non-43-101 compliant gold resources(1) within both favorable stratigraphy and major structures. Greta Ontario contains both extensions of known deposits type targets and distal type targets.

In addition to specific defined targets, each potentially large enough to add significant value for Animas, the team is working on concepts and ideas such as:

- Great circle anomaly: A 3 km diameter circle defined by an apparent ring of historic oxidized gold mines and non-43-101 compliant historic resources(1), and a distinct coincident deeper seated magnetic anomaly. Nine of the known historic mines are located along the margin of this circular feature and the main Berta target is located within the feature. There is a 2-line strong IP anomaly within the eastern portion of the zone (no IP lines to the west). This target may be located over a mineralizing "source" intrusive as suggested by the airborne magnetic survey. The area is being considered as one of potentially several source intrusive for the wide-spread gold mineralization in the Santa Gertrudis area.

- Christina Sag is a 2.5 km circular topographic low with several gold deposits and target areas coincident with the topographic feature. These include Cristiana (a non-43-101 compliant resource(1) of 126,000 +/- ounces Au) soil geochemical anomalies including gold, molybdenum, and zinc. And, a prominent magnetic edge shelf feature. IP and magnetic anomalies exist along a northwest northeast fabric, circular low in EM, radiometric donut; all three are circular features.

- Espiritu is located on a north east structure and it consists of 3-4 m wide vein zone of unknown dimensions of altered host rocks and strong soil and rock geochemistry.

The remaining portions of the district may well contain viable targets under post-mineral cover, within host lithologies not exposed at the surface, deep seated structures / feeder zones, and pre-mineralization structurally prepared areas. The size of this mineralized district offers potential beyond the six large targets identified and is being prepared for drill testing.

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.

Gregory E. McKelvey, President & Director

(1) 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 commented upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

Contact Information

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