Animas Resources Drills 26.6 Meters of 1.405 gpt gold in the Santa Teresa District

Animas drills 26.6 m of 1.405 g/t Au at Santa Gertrudis

 

2009-02-23 16:43 ET - News Release

Mr. Gregory McKelvey reports

ANIMAS RESOURCES DRILLS 26.6 METERS OF 1.405 GPT GOLD IN THE SANTA TERESA DISTRICT

Aninmas Resources Ltd. has released gold assay results from eight of the remaining 11 holes of the 2008 core drilling program completed on the company's 100-per-cent-owned Santa Gertrudis property in northern Sonora, Mexico. Highlights of this Santa Teresa drilling program include an intercept of 26.6 metres at 1.405 grams per tonne (g/t) gold (Au), plus many other gold mineralized intercepts.

These results include four core holes (ARPR-001, ARPR-002, ARPR-003 and ARPR-003A) totalling 509.10 metres from the Pininole Este area, two core holes (ARST-001 and 002) in the Sta. Teresa area, and two reverse circulation holes (ARGA-001 and ARGA-002) in the Gravas area. Significant intervals of more than 1.5 metres that average greater than 0.10 g/t gold are shown in the table.

 

                                                                         Au
            Drill                Incli-   Depth    From     To  Width  grade
Area        hole       Bearing  nation     (m)     (m)     (m)   (m)  g/t Au

Pirinola
Este        ARPR-001   S10W        -60   190.00   57.30  58.20   0.90  1.015
                                                 137.25 141.75   4.50  0.195
            ARPR-002   S10W        -60   200.00   44.40  46.60   2.20  1.370
            ARPR-003   S10W        -60    55.10     NSA
            ARPR-003A  S10W        -60   130.50   88.50 109.50  21.00  0.446
Sta.
Teresa      ARST-001   S45E        -60   243.30   98.60 100.10  1.50    3.04
                                                 128.80 133.55  4.75   0.793
            ARST-002   S35E        -65   155.50   21.85  24.60  2.75   1.091
                                                  81.20  84.20  3.00   0.923
                                                  90.20 116.40 26.60   1.405
Gravas      ARGA-001               -90   150.00   81.00  84.00  3.00   0.243
            ARGA-002               -90   237.00     NSA

Note: NSA is no significant gold assays.

 

The two Sta. Teresa holes were drilled to test extensions of mineralization in historic Roca Roja holes that contain several metres of greater than 1.0 g/t Au. Both holes encountered significant gold mineralization and associated trace elements, the most significant of which is a 26.60-metre interval of 1.405 g/t Au that contains 8.15 metres that average 3.88 g/t Au.

Of the four holes drilled at Pirinola Este, drill hole ARPR-003 was terminated short of its objective and was redrilled as ARPR-003A. These holes demonstrate an eastward extension of the Pirinola mineralization and off-set a historic drill hole that contained 0.40 g/t to greater than 1.0 g/t Au in several intervals. Two holes of the four holes encountered narrow intervals of greater than 1.0 g/t Au while PR-003A contains a 21-metre interval of nearly a half of gram of gold per tonne. This better mineralized interval also contains a broader zone of anomalous arsenic with associated antimony and zinc.

The two Gravas holes were drilled through alluvial cover to test a large magnetic anomaly west of the mine area. Hole GA-001 contains a narrow interval of anomalous gold and both holes contain erratic weakly anomalous arsenic and zinc. While neither hole encountered significant mineralization there is sufficient encouragement that additional investigation in the area may define additional targets.

"The elevated grades at Santa Teresa are encouraging for both the near-surface oxide potential of this deposit in the Amelia/Lixivian area. The trace element halos are consistent with the interpretation that much of the gold mineralization is zoned away from thermal centres. Drilling to date has tested some mineralization extensions downdip and along strike, and it has also provided sound information on the controls of gold mineralization at Santa Gertrudis. Planning for the company's next round of drilling to find larger gold occurrences will be guided by the results from this drilling, the existence of the relevant trace elements, the new surface geologic maps and extensive geophysical survey data," said Gregory E. McKelvey, president, Animas Resources.

Split core samples were prepared and analyzed at Skyline Assayers & Laboratories in Tucson, Ariz., and at Assayers Canada in Vancouver, B.C. 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 three g/t Au in the original assay (Skyline's FA-3 procedure). Multielement 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”

 

____________________

 

Gregory E. McKelvey, President & Director

 

 

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

 

  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