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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.

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Animas Resources advances target development efforts at Kingsley multi-element property

9th Jul 2010, 12:38 pm
Animas Resources advances target development efforts at Kingsley multi-element property

Animas Resources (TSX:ANI) has advanced its exploration efforts at its Kinsley Mountain project in Nevada, which included the completion of a geochemical survey covering the entire property, a new geological map of the property with selective geochemical sampling and the conclusion of an environmental audit.

The company has also completed a ground gravity geophysical survey, scanned historic technical data and is currently building a GIS (Geographic Information System) database.

A total of 1,610 samples are being analyzed by ALS Chemex for multi-element geochemistry.

“Our approach at Kinsley Mountain is to return to the basics of geological mapping, geochemical sampling, gathering up-to-date geophysical information and integrate it in light of new gold discoveries in this part of Nevada while using the new data and modern ideas to develop sound exploration targets,” said president Gregory McKelvey.

The work that has so far been carried out on the property includes compilation and integration of all technical information within a GIS for interpretation and exploration targeting, the completion of a 424 station property-wide gravity geophysical survey and the purchase of propriety regional aeromagnetic survey data for the region surrounding Kinsley Mountains from GETECH of Denver Colorado.

The Kinsley Mountain property consists of 141 unpatented lode mining claims covering an area of approximately 1,136 ha (hectares). Alta Gold produced some 135,000 ounces of gold from the property from 1994 to 1999 before abandoning it in 2000. Most of the property has not recently been systematically explored.

Animas Resources is involved in discovery and acquisition of mineral deposits, currently focused on its Santa Gertrudis precious metal and related deposits and prospects within a 562 square kilometer land holding in the Santa Teresa district. Golden Arrow and Kinsley Mountain are the most recent additions to the Animas exploration property portfolio.

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