Animas Resources Purchases Three Separate Royalty Agreements at Santa Gertrudis
Thu Jan 3, 4:05 PM
ca.news.finance.yahoo.com
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 3, 2008) - Animas Resources (TSX VENTURE: ANI.V) has purchased the three outstanding royalty agreements on certain properties inside the 323.75 square kilometer Santa Gertrudis gold deposits and exploration concessions.
Royalty purchase terms
- From Yukon-Nevada Gold Corp. -- 1 and 1/3% net smelter return royalty in certain properties located in the State of Sonora - Animas Resources will pay 50,000 common shares @ $1.25 per share for a value of $62,500.
- From Campbell Resources Inc. -- 2/3% net smelter return royalty in certain properties located in the State of Sonora - Animas Resources paid $31,250 cash.
- From Campbell Resources Inc. and Sotula Gold Corp. -- 1% net smelter return royalty plus production royalty of US$0.10 per ton for an aggregate of US$2,000,000 for certain properties located in the State of Sonora - Animas Resources paid $56,250 cash.
"We believe the purchase of the outstanding royalties on the formerly producing Santa Gertrudis gold mines and surrounding concessions will prove to be a very well bought asset for our shareholders," commented Gregory McKelvey, CEO of Animas Resources.
About Animas Resources Ltd.
Animas Resources Ltd., a North American mineral resource company focused on acquisition and discovery in Latin America, has re-consolidated the Santa Teresa District's Santa Gertrudis gold deposits and prospects within a 323.75 square kilometer land holding. The Company also controls the 274 square kilometer Shirley exploration concession in the Bacanuchi area of Northern Mexico.
This news release was prepared by Company management, who take full responsibility for content.
For additional information, contact Animas Resources Ltd. at 604-687-6197, or you may register to receive future press releases at www.animasresources.com.
Gregory E. McKelvey, M.S. (Geol.), President & Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contacts
Gregory E. McKelvey
Animas Resources Ltd.
President & Director
(604) 687-6197
(604) 688-3392 (FAX)
Website: www.animasresources.com |
