Animas Resources Ltd. (TSX VENTURE:ANI) continues to advance its land access
case against several Mexican citizens, and the Company hopes to regain property
access and surface rights shortly. While work continues on the land access
issues, Animas has contracted Process Engineering L.L.C. to advise the Company
on metallurgical test work. Additionally, the Company has received all
environmental permits necessary for exploration drilling at the Santa Gertrudis
gold project, and a drill contractor has been selected. Exploration program
planning for the 100% owned Desierto property also is in progress.


Santa Gertrudis Property Access Update

In October, 2011, Animas announced that a Mexican citizen and his associates had
blocked access to a large portion of the 100% owned Santa Gertrudis Gold
Property, and had sampled material from the heap leach pads that remain on-site
from previous mining operations (Campbell Resources and Phelps Dodge Corp).
These leach pads are located on mineral concessions currently held in good
standing by Animas, and the Company also has a current surface rights/use
agreement with the surface owners (Ejido Seis de Enero).


Since October, Animas has been vigorously fighting this illegal action through
the Mexican legal system, and to date, the Company has made significant progress
towards resolving the issue. A criminal legal action against the involved
Mexican individuals was filed late last year with the Ministerio Publico in
Magdalena, Sonora, and in recent months, the Company has had very productive
discussions with both the Sonora State Attorney General's office (Procuraduria
General) and the office of the Secretary of Economy (Secretaria de Economia).
The State Attorney General and the Secretary of Economy both strongly support
the Company's position, and it is expected that the Company will be granted
provisional restitution (full access) of the property while the matter moves
through the Mexican court system.


Santa Gertrudis Gold Project Exploration & Metallurgical Plans

Although only a relatively minor amount of physical work has been done on the
property since October 2011, during this time the Company has made extensive
plans for future work on the project. Process Engineering L.L.C. (Eugenio
Iasillo P.E.) of Tucson, Arizona has been contracted to advise the Company on a
metallurgical test program to support the flow sheet contemplated for the
project, and bids for this planned work have been received from three
highly-respected, competent independent, metallurgical test labs (Kappes Cassidy
and Associates, Metcon Research, and McClelland Laboratories). Discussions have
also be held with Herbert E. Welhener of Independent Mining Consultants, Inc.
(IMC) of Tucson, Arizona, and IMC have agreed to provide preliminary resource
modeling, mine planning, and preliminary economic scoping studies for Animas.
Environmental and drilling permits have now been approved by SEMARNAT, and Major
Drilling de Mexico SA de CV has been contracted to do a minimum of 5,000 meters
of diamond core drilling in the Cristina, Trinidad, and Silicoso areas of the
Santa Gertrudis Gold Project.


Additional Activities Planned for 2012 - Desierto and Ariel Properties

In addition to the legal activities and program planning work at Santa
Gertrudis, the Company has continued to review high quality gold submittals
within the Sonora Gold Belt, plan for additional work on the 100% Animas-held
Desierto prospect near Sonoyta, Sonora, and review possible high-quality
mergers/acquisitions.


The Company continues to have outside interest in the Ariel copper porphyry
prospect near Nacozari, Sonora. Two major companies recently reviewed Animas'
data from the property and their interest was strong enough that they have
scheduled site visits for mid-April 2012. 


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 through development,
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. 


For additional information, contact Animas Resources Ltd. at 604-687-6197, or
you may register to receive future news releases at www.animasresources.com.


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.


Animas Resources Ltd. (TSXV:ANI)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Animas Resources Ltd. Charts.
Animas Resources Ltd. (TSXV:ANI)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Animas Resources Ltd. Charts.