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Additional Information
Market: TSX-V
Sector: General Mining
EPIC: ANI
Latest Price: 0.09  (0,00%)
52-week High: 0.34
52-week Low: 0.08
Market Cap: 4.78M
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Animas Resources
www.animasresources.com

Animas Resources is a North American exploration company with diversified mining interests in Mexico. Building from the historic resource base at the Santa Gertrudis deposit (within a 214 sq. mile concession), the company will strategically expand the near surface and deeper resources to the economic decision points that increase shareholder value. The company also plans to evaluate numerous targets within its 296 sq. Kilo metre Shirley concession with the intent to form joint venture opportunities.

Full Animas Resources profile here
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Animas Resources taps investors for $1.4 million to fund Santa Gertrudis drill program

14th May 2010, 11:25 am
Animas Resources taps investors for $1.4 million to fund Santa Gertrudis drill program

Junior mineral exploration company Animas Resources (TSX-V:ANI) has topped up its bank balance through a  non-brokered private placement of 4 million units at 35 cents per unit, raising gross proceeds of CDN$1.4 million.


The company intends to use the funds to move ahead with additional exploration work on its key projects; the Golden Arrow and Kinsley Mountain Gold Properties, and for a new drill program at the Santa Gertrudis Gold Project in Mexico.


Each of the units included one common share and one half warrant exercisable at a price of 55 cents per share.


Gregory E. McKelvey, President & CEO of Animas commented, "We are excited to be continuing our aggressive drilling at Santa Gertrudis, Mexico, and concurrently advancing two quality programs in Nevada toward drilling for additional indications of gold mineralization. We expect drilling on Golden Arrow to commence in the fall and we are excited about testing new gold targets and extending known ones. Our planned program at Kinsley Mountain starts with a sound boot-leather approach augmented by select modern geophysics both designed to continue and update, with modern thinking, the exceptional work completed in the past. We are encouraged by near-by discoveries that have significantly changed the geologic thinking in this part of Nevada."

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