Animas Resources Ltd.
TSX VENTURE: ANI
|
Jan 23, 2009 09:00 ET
Animas Resources Confirms the Presence of a Large Target at Amelia/Lixivian Thermal Area at Their Santa Gertrudis Projects, Sonora, Mexico
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 23, 2009) - Animas Resources Ltd. (TSX VENTURE:ANI) is pleased to report that assay results are available from three holes (ARAS-001 through ARAS-003) drilled at Amelia Sur, totaling 703.75 meters, and two holes (ARRV-001 and ARAV-002) drilled at Real Viejo, totaling 351.80 meters. The locations for these holes are shown on the attached plan map (http://media3.marketwire.com/docs/AN... ) and intervals of greater than 0.1 grams per tonne gold over at least two meters are summarized in the following table.
SUMMARY OF IMPORTANT GOLD INTERCEPTS IN AMELIA SUR AND REAL VIEJO HOLES
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Inc-
Drill Bear- lina- Hole Thick- Average
Hole ing tion Depth From To ness Grade
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ARAS-001 S15W -60 332.45 m 61.0 m 64.0 m 3.0 m 0.196 gpt Au
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205.90 m 208.70 m 2.8 m 1.33 gpt Au
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291.5 m 295.2 m 3.7 m 0.433 gpt Au
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324.60 m 327.10 m 3.85 m 0.193 gpt Au
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ARAS-002 S23W -70 191.30 m 106.80 m 109.80 m 3.0 m 0.458 gpt Au
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118.40 m 122.25 m 3.85 m 0.228 gpt Au
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151.55 m 163.80 m 12.25 m 0.596 gpt Au
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ARAS-003 S23W -80 180.00 m 49.70 m 52.10 m 2.4 m 0.488 gpt Au
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57.70 m 61.45 m 3.75 m 0.267 gpt Au
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103.10 m 113.15 m 10.05m 0.186 gpt Au
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164.40 m 169.0 m 4.6 m 1.306 gpt Au
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ARRV-001 South -70 158.80 m 1.50 m 6.00 m 4.5 m 0.238 gpt Au
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40.50 m 43.50 m 3.0 m 0.438 gpt Au
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70.35 m 80.10 m 9.75 m 0.267 gpt Au
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115.90 m 123.55 m 7.65 m 0.196 gpt Au
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134.75 m 141.05 m 6.8 m 1.76 gpt Au
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ARRV-002 South -55 193.0 m No Significant Intervals
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The three Amelia Sur holes were drilled to test two parallel mineralized zones stratigraphically below the main Amelia zone, south of the Amelia pit. At the surface each zone is up to 15 meters thick with abundant iron oxides (after pyrite) and strongly anomalous (up to 6 ppm) gold in rock chip samples. Most of the better grade intervals from these three holes were in broken and breccciated zones with associated quartz veining and anomalous silver, arsenic, and zinc in hornfels, except for the deeper interval in ARAS-003 which is in a broken zone within a carbonate formation. The importance of the anomalous trace elements is that they commonly have wider distribution than gold mineralization and can assist in defining important exploration targets (see attached Amelia Sur cross sections (
http://media3.marketwire.com/docs/AN... ) and table listing trace elements below). As noted on the cross sections, anomalous trace element distributions, particularly arsenic, are associated with important gold intercepts, but over a wider interval. There are a few trace element anomalies without associated gold intercepts which may suggest the margins of gold zones. While geological interpretations are still in progress for the Amelia area, these data suggest that significant gold mineralization may exist outside of the main Amelia deposit and additional drilling is clearly warranted.
INTERVALS OF ANOMALOUS TRACE ELEMENTS IN THE AMELIA SUR AND REAL VIEJO
DRILL HOLES
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Anomalous Anomalous Anomalous Anomalous
+ 100 ppm + 100 ppm + 100 ppm Detectable
Arsenic Zinc Antimony Mercury
Hole Intervals Intervals Intervals Intervals
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ARAS-001 37.80-68.50 m 7.80-11.30 m 95.10-118.05 m
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104.55-133.40 m 41.90-55.40 m
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161.60-170.10 m 140.90-145.10 m
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222.65-237.05 m 202.35-210.20 m
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291.50-297.80 m 228.65-236.15 m
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256.00-313.40 m
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ARAS-002 1.50-15.0 m 82.65-103.80 m 4.50-15.0 m
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99.90-172.30 m 117.10-163.80 m 95.45-172.30 m
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185.10-191.30 m
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ARAS-003 32.25-169.0 m 47.0-54.70 m 35.0-41.90 m
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101.6-124.6 m 103.1-155.0 m
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144.65-165.0 m
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ARRV-001 1.50-8.40 m 4.50-8.40 m 1.50-8.40 m
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42.0-104.85 m 126.4-136.9 m 63.45-80.10 m
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115.9-123.55 m 126.4-141.05 m
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134.25-141.05 m
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ARRV-002 163.65-172.7 m 23.1-34.90 m
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58.70-62.70 m
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Real Viejo holes were drilled to off-set gold intercepts in historic holes in areas of surface geochemical anomalies generated by Animas Resources. Only drill hole ARRV-001 encountered significant mineralization (see summary table above and Real Viejo sections attached (http://media3.marketwire.com/docs/AN... )), most of which is low grade. The 6.8 meters of 1.76 gpt Au is in a structural zone immediately below a diorite sill that may represent a solution channel-way, with an associated trace element signature.
"While the drilling a Real Viejo and Amelia Sur did not uncover better mineralization than previously known, the drilling not only varied the extensive alteration mapped by Animas at the surface, it provided valuable data and clues to the likelihood of larger targets and the tools to use to identify, locate, quantify and test for larger deposits. The extensive hornfels alteration, stockwork veining and persistence of halo zoning elements, including zinc, arsenic, antimony and mercury surrounding the known gold mineralization, is encouraging. These provide us with valuable indication of major thermal areas within this expansive district. Analogies with districts in Nevada give us guidance as to how to identify and focus within these expansive thermal centers for larger deposits. These tools and ideas allow us to shift and refine our discovery approach," Commented Gregory E. McKelvey, President of Animas Resources Ltd.
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 624 square kilometer land holding. The Company also controls the 294 square kilometer Shirley exploration concession in the Bacanuchi area of Northern Mexico. 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 press releases at www.animasresources.com.
Gregory E. McKelvey, President & Director
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.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For more information, please contact
Animas Resources Ltd.
Gregory E. McKelvey
President & Director
(604) 687-6197
(604) 688-3392 (FAX)
Website:
www.animasresources.com
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