Target Exploration and Mining Corp

Published : June 11th, 2009

preliminary geochemical interpretations and Targeting at Santa Gertru

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Keywords :   G Mexico | Gold | Iron | Mexico | Vanadium |

Re:        News Releases - Monday, June 08, 2009
Title:     Animas Resources Ltd announces preliminary geochemical interpretations and Targeting at Santa Gertrudis, Mexico

Animas Resources Ltd. (TSX-V: ANI) ("Animas" or the "Company") is pleased to announce that the geological team is completing targeting for the next round of drilling. Animas will drill approximately 10,000 meters in 2009. The targets selected are focused on the most attractive large targets.

The geologic mapping of much of the main portion of the district is nearing completion and Dr. Jeff Jaacks has provided Animas with his initial interpretations of the extensive rock and soil sample data set. Animas has collected over 2,000 surface rock samples and the historic date base consists of well over 29,900 rock samples and 20,000 soil samples. The combination of favorable geology, wide spread alteration, high precious and halo element mineralization, and responsive geophysics at 1) Toro - Gregorio, 2) Mirador, 3) Greta - Tigre, and 4) La Bonita - Lixivian makes these separate project areas our highest priority. Specific drill targets are being further refined with detailed geophysical electrical surveys, detailed geologic cross sections and further review of the geochemistry, geology and geophysical data sets. The detailed Induced Polarization(IP) survey over the Toro - Gregorio target area is being completed. The data processing and 2D modeled interpretation of this survey will be available shortly.


Dr. Jaacks commented in his preliminary report that "The anomalies outlined are the clusters of soil gold anomalies. Arsenic in soils provides useful guides for targeting. All of the known deposits are contained within the arsenic contours. On another note, scandium and vanadium, resulting from the destruction of mafic minerals, indicate that there may be a deep seated intrusive system between Amelia and El Toro Norte. The gold deposits, Amelia, Trinidad, Santa Teresa Este, Viviana, El Toro Norte, and La Vibora are all on the periphery of this signature. Iron in soils forms a halo around this signature and the deposits are all about the periphery of this feature. The system appears similar to the Greta - Tigre hornfels target area. A later stage mineralization has remobilized the gold from this system into NW structural systems as can be seen from the NW linears crosscutting this iron in soils feature".



Arsenic in soils with gold anomalies



Geology and gold anomalous areas

Gregory McKelvey, President & CEO of Animas commented "It is indeed exciting to have collaborative data and ideas all pointing to specific targets which have the potential for large gold deposits. Independent data and verifies quality targets provides Animas with the necessary tools to focus future drilling. With a mining district as large as Santa Teresa, we cannot test all the ideas and anomalies. These new interpretations outline what may identify the centers of mineralization."

Durango Geophysical Operations is currently collecting electrical conductivity information over the Toro - Gregorio alteration and surface gold in rock anomaly target .



100 meter IP program Toro - Gregorio Target Area

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 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. The technical disclosure in this press release has been reviewed by Dr. Roger Steininger, a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators.

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

"Gregory E. McKelvey"
____________________
Gregory E. McKelvey, President & Director

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.

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


Copyright � 2009 ANIMAS RESOURCES LTD. (ANI) All rights reserved. For more information visit our website at http://www.animasresources.com/ or send email to info@animasresources.com ..
Message sent on Wed Jun 10, 2009 at 4:47:06 AM Pacific Time
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Target Exploration and Mining Corp

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Target exploration is a exploration company based in Canada.

Target exploration is listed in Canada. Its market capitalisation is CA$ 29.3 millions as of today (US$ 23.6 millions, € 17.4 millions).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.35, and its lowest recent point on February 12, 2016 at CA$ 0.01.

Target exploration has 162 730 000 shares outstanding.

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