ANI Animas Resources Ltd.

Animas Resources Ltd. (TSX VENTURE:ANI) is pleased to report that Mr. Alan
Noble, P.E., Principal Engineer for Ore Reserves Engineering ("O.R.E."),
completed a review and updated several of the historic gold resource estimates
at Santa Gertrudis to NI 43-101 compliant resource estimates. The updated NI
43-101 compliant resource estimates for seven gold deposits at Santa Gertrudis,
plus the previous estimate for the Cristina deposit, contain inferred resources
of 557,000 ounces of gold. The updated resource estimates represent an increase
of over 300% from the NI 43-101-compliant resource estimate filed on July 2,
2009 and are all in the inferred resource category, as summarized in Table 1,
and are consistent with historical resources estimates for these deposits. A
revised NI 43-101 Technical Report to be filed on www.sedar.com within 45 days.




Table 1                                                                     
Inferred Resource Estimates for the Santa Gertrudis Project                 
----------------------------------------------------------------------------
                                   Cutoff     Tonnes      Grade    Contained
Deposit                           (ppm Au)  (1,000's)   (ppm Au) Ounces Gold
----------------------------------------------------------------------------
Trinidad                             0.30      1,100       1.69       59,900
Escondida                            0.30      1,389       1.16       52,000
Greta                                0.30        800       2.41       62,000
La Gloria                            0.30        500       2.68       43,100
Tigre                                0.30        350       1.94       21,900
Tracy                                0.30        500       2.42       38,900
Dora                                 0.30      1,200       2.53       97,600
Mirador                              0.30        520       1.80       30,100
----------------------------------------------------------------------------
Total O.R.E. Oct 2010 Estimates                                             
 (1,2,3,4,5,6)                       0.30      6,359       1.98      405,500
----------------------------------------------------------------------------
Cristina (MDA 2009) (1,5,7,8,9)      0.30      7,139       0.66      151,500
----------------------------------------------------------------------------
Project Total                        0.30     13,498       1.28      557,000
----------------------------------------------------------------------------

1.  CIM definition standards were followed for the resource category
    estimates. 
2.  The 2010 resource models by O.R.E. use inverse-distance-power (IDP)
    grade estimation within three-dimensional block models with mineralized
    envelopes defined by wire-framed solids. Grade zones were defined using
    nearest-neighbor assignment. A block size of 2x2x2-meters was used for
    the block models. 
3.  A total of 48,815.47 meters of drilling in 574 drill holes were used in
    the 2010 resource estimates by O.R.E. The majority of the drilling is
    reverse circulation (RC) drilling. 
4.  Dilution is included for a minimum mining width of 2.0 m in the 2010
    estimates O.R.E. Estimates for reserves will require additional dilution
    depending on the mining method and selectivity. 
5.  Mineral Resources that are not mineral reserves do not have economic
    viability 
6.  Resources may contain sulfide material that may be significantly less
    economically viable than oxide material. 
7.  The 2009 resource model for Cristina, by MDA, used IDP grade estimation
    within mineral zone outlines interpreted on N60 degrees E looking cross-
    sections. A block size of 6x6m horizontally and 3m vertically was used
    for the block model. 
8.  A total 7,159 meters of drilling in 13 core holes and 58 RC holes were
    used for the Cristina estimate. 
9.  MDA resource parameters/methodology are detailed in the previously
    released Animas NI 43-101 report on Santa Gertrudis. 
10. Additional drilling and geologic modeling will be necessary to upgrade
    these resources to indicated or measured status. 



Cutoff Grade & Metallurgy 

The resource size is sensitive to an assumed cut-off grade, which is, in turn,
very sensitive to metallurgical operating costs. Cuff-off grades used in this
study are reasonable given historic operating data and current market
conditions.


Mineral Resources are not Reserves 

Mineral resources that are not mineral reserves do not have demonstrated
economic viability. Mineral resource estimates do not account for minability,
selectivity, mining loss and dilution. These mineral resource estimates are
inferred mineral resources that are normally considered too speculative
geologically to have economic considerations applied to them that would enable
them to be categorized as mineral reserves. There is also no certainty that
these inferred mineral resources will be converted to measured and indicated
mineral resource categories through further drilling, or into mineral reserves
once economic considerations are applied.


Quality Assurance 

The mineral resource estimate was completed by Mr. Alan C. Noble, P.E.,
principal engineer of Ore Reserves Engineering, and is based on geological
interpretations supplied by the Company to ORE and subsequently modified by ORE.
Mr. Noble is an independent qualified person for the purposes of National
Instrument 43-101 standards of disclosure for mineral projects of the Canadian
Securities Administrators and has verified the data disclosed in this release.


Gregory E. McKelvey, President of Animas Resources Ltd. commented: "We are
pleased that the gold resources in these deposits are remarkably close to the
historic resources. We focused on the largest of the known deposits with an eye
to identifying which deposits might be potentially considered for gold
production."


About Animas Resources Ltd. 

Animas Resources Ltd., a North American mineral resource company focused on
acquisition and discovery, consolidated the Santa Teresa District's Santa
Gertrudis precious metal and related deposits and prospects within a 562 square
kilometer land holding. 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. Golden Arrow and Kinsley Mountain are the
most recent additions to the Animas exploration property portfolio.


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. 


You may register to receive future news 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

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