Animas Acquires Large Gold Property in the Sonora Gold Belt, Mexico
October 06 2011 - 4:15PM
Marketwired
Animas Resources Ltd. (TSX VENTURE:ANI) ("Animas" or the "Company")
recently acquired a large property position within the Sonora Gold
Belt of western Sonora State, Mexico, called the Desierto Project
by way of staking. This highly prolific region of known gold
mineralization/production is located along the Arizona-Sonora
Megashear, and it contains the large Penmont (Fresnillo-Newmont)
Herradura gold mine complex (10+MM ozs Au) and numerous other,
smaller gold mines and prospects (Noche Buena, La Choya, San
Francisco, El Chanate, etc.).
This new Desierto property totals 27,757 hectares and was
originally identified by Animas personnel during the second quarter
of 2011. Animas has been conducting reconnaissance exploration
within this highly prospective region of northern Mexico for most
of 2011, and this prospect is a direct result of this ongoing
exploration work.
The Desierto area is comprised of deformed Mesozoic
meta-volcanics, meta-sedimentary, and meta-intrusive rocks which
have been intruded by an undeformed, post-mineral Laramide granite.
Numerous gold occurrences exist along the southeastern margin of
the prospect area, and in one area, a very small scale mining
operation is in progress. The gold occurrences in this area are
associated with relatively flat lying quartz veins and shears, and
are hosted in highly deformed meta-volcanic rocks of presumed
Mesozoic age. The area west of the gold occurrences is covered by
recent gravels and based on an airborne magnetic survey by the SGM
(Servicio Geologico Mexicano), the gravels in this area are
believed to be relatively thin. The known gold occurrences trend
northwesterly and it is believed that a significant gold deposit
may exist to the northwest under thin, post-mineral gravel
cover.
Additional, more detailed geological mapping,
rock-chip/biogeochemical sampling, and gravity surveying are
scheduled for the Desierto Project during the 4th Quarter of 2011,
and it is expected that a shallow, RAB-type drilling program will
be initiated within the area during the 1st Quarter of 2012.
John R. Wilson, President of Animas Resources Ltd., commented:
"This region of northern Sonora is known to host world class gold
deposits, and Animas' continuing work within the region strengthens
our belief that additional, large gold deposits remain to be
discovered. The majority of the known deposits within the region
were discovered in outcrop, and we believe that the shallow,
alluvial-covered basins offer exceptional, untested, discovery
potential."
Animas is also continuing further work at its flagship Santa
Gertrudis Gold Project in Mexico but has experienced some delays in
certain areas caused by barriers put up on access roads by a group
that has been sampling the heaps from the former gold mining
operations at Santa Gertrudis. Animas has notified the authorities
about these illegal "miners" and is taking strong legal action on
multiple fronts to resolve this issue.
Animas has also set the date for the Special General Meeting for
its shareholders to vote on the increase in ownership of the
Company by Mr. Ernesto Echavaria to approximately 39% by way of a
$3.4 million financing.
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.
This news release was prepared by Company management, who take
full responsibility for its content.
John R. Wilson, President & CEO
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.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Animas Resources Ltd. John R. Wilson President &
CEO 604-687-6197www.animasresources.com
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