Animas Resources Ltd.
TSX VENTURE : ANI
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February 05, 2009 16:00 ET
Animas Resources Ltd.: Mirador Proves to Be a Major Thermal Center; Mapping Continues to the Southeast Area of the District to Define Additional Thermal Centers
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 5, 2009) - Animas Resources (TSX VENTURE:ANI) is pleased to report that assay results are available from three holes (ARMR-001 through ARMR-003) drilled at Mirador, totaling 1,028.6 meters, and one hole (ARDO-001) drilled at Dora, totaling 254.3 meters. The locations for these holes are shown on the plan map below and intervals of greater than 0.1 grams per tonne gold over at least two meters are summarized in the following table.
Mirador holes ARMR-001 and 002 were drilled to test for gold mineralization within favorable lithologies below zones of surface alteration and mineralization, and down-dip from the Mirador mineralized zone. Hole ARMR-003 was a deep test to explore for gold mineralization within hornfels with an associated Induced Polarization anomaly. The interpretation of these features is that iron sulfide mineralization may be associated with an intrusive; a good exploration target for gold mineralization. All three holes encountered anomalous gold in hornfelsed siltstone with less altered limestone beds (see ARMR-001/003 cross section). The hornfels contains abundant quartz and calcite veining. In addition to the several gold mineralized intervals, ARMR-003 contains strongly anomalous arsenic to 441.85 meters down the hole with localized intervals of anomalous antimony, mercury, and zinc. These trace elements with anomalous gold suggest that ARMR-003 may have encountered the margins of the larger gold system. "Significant trace element intercepts coincident with a major hornfels event and cross cutting veining with numerous gold occurrences over hundreds of meters is an exciting verification of a significantly larger gold target than was understood in the past. Mirador deserves more study and clearly additional drilling. The scale of the system is impressive and vectoring geochemistry studies underway by Dr. Jeff Jaacks will assist in documenting the sequence of mineralization and the scale of the step out drilling necessary to test this exciting target. It is increasingly apparent that small deposits mined in the 1990's are likely more distal deposits possibly caused by a sequence of large hydrothermal events. Focus on these zones at Amelia, Mirador and Greta is clearly a priority," commented Gregory E. McKelvey, President of Animas Resources.
SUMMARY OF IMPORTANT GOLD INTERCEPTS IN MIRADOR AND DORA HOLES
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Drill Bear- Inclin- Hole Thick- Average
Hole ing ation Depth From To ness Grade
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ARMR-001 N40E -60 262.50 m 69.10 m 71.20 m 2.10 m 0.236 gpt Au
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93.85 m 96.85 m 3.00 m 0.279 gpt Au
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171.45 m 174.20 m 2.75 m 0.432 gpt Au
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230.40 m 233.20 m 2.85 m 0.228 gpt Au
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244.90 m 248.55 m 3.65 m 0.179 gpt Au
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ARMR-002 N45E -70 280.55 m 33.80 m 50.20 m 16.4 m 0.183 gpt Au
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75.65 m 79.00 m 3.35 m 0.144 gpt Au
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105.00 m 107.50 m 2.50 m 0.194 gpt Au
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116.45 m 128.05 m 11.6 m 0.289 gpt Au
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165.55 m 168.00 m 2.45 m 0.534 gpt Au
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246.60 m 254.10 m 7.50 m 0.203 gpt Au
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ARMR-003 N40E -75 486.00 m 33.70 m 39.40 m 5.70 m 0.165 gpt Au
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184.95 m 186.45 m 1.50 m 2.480 gpt Au
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234.40 m 238.75 m 4.35 m 0.240 gpt Au
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342.35 m 344.45 m 2.10 m 1.127 gpt Au
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397.90 m 400.40 m 2.50 m 0.233 gpt Au
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416.90 m 431.70 m 14.80 m 0.150 gpt Au
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467.75 m 470.65 m 2.90 m 0.148 gpt Au
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ARDO-001 -90 254.30 m No Significant Intervals
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To view Mirador Prospect maps please click on the following link:
http://media3.marketwire.com/docs/Mirador.pdf
The Dora hole (ARDO-001) was drilled to off-set mineralization in DO-163 and along a northwest projection of mineralization in the Dora pit below gravel cover. While the hole encountered strongly fractured and brecciated interbedded calcareous siltstone and sandstone, there were no significant gold occurrences. Pathfinder trace elements were also subdued suggesting that additional gold mineralization in the area is not likely.
To view Dora Prospect maps please click on the following link:
http://media3.marketwire.com/docs/Dora.pdf
Geologic mapping and surface rock sampling continues to the southeast from the main district. Surface alteration mapping is proving to be a valuable tool in the identification of major thermal centers especially when coupled with IP geophysics and surface geochemistry. These thermal centers likely reflect area of igneous intrusives that may contain associated gold mineralization.
QUALITY ASSURANCE AND CONTROL
Split core samples were prepared and analyzed at Skyline Assayers & Laboratories in Tucson, Arizona and at Assayers Canada in Vancouver, British Columbia. Prepared standards and duplicates were inserted at the project site to monitor the quality control of the assay data. Analyses for gold was by one assay ton fire assay with an AA finish (Skyline's FA-1 procedure), and an additional one assay ton gravimetric fire assay for samples containing more that 3 gpt Au in the original assay (Skyline's FA-3 procedure). Multi-element analyses were by Aqua Regia leach analyzed by ICP/OES for 34 elements (Skyline's TE-2 procedure). The quality assurance program is continually reviewed by Dr. Roger Steininger, an independent Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators.
Drill intersections described in the news release are based on core lengths and may not reflect the true width of mineralization.
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.