Animas Signs Definitive Agreement With GoGold Resources and Increases Purchase Price

Animas Resources Ltd. (TSX VENTURE:ANI) has now signed the Definitive Agreement
with GoGold Resources Inc. ("GoGold") to sell the Santa Gertrudis Gold project
to GoGold. 


The purchase price was also increased due to the receipt of a competing bid
which was matched by GoGold. The purchase price is now as follows:




--  $250,000 deposit payable upon signing of the definitive agreement
    (received); 
--  $4,750,000 payable on closing; 
--  A 3% net smelter returns royalty for gold and silver and a 2% net
    smelter returns royalty for all other metals on the Santa Gertrudis
    project (the "NSR"). The NSR will be calculated and paid before any tax,
    VAT, or withholding tax. GoGold will also have the right to purchase
    one-third of the NSR at any time for $5 million; and, 
--  Starting January 1, 2017, a minimum advance royalty of $250,000 annually
    for a period of 4 years in the event that the mine is not in production.
    These advance royalty payments will be credited against any payments of
    the NSR. 



GoGold is a TSX-listed Canadian-based mineral resource company currently putting
the Parrall Silver-Gold tailings project into production in Mexico, and
capitalized with approximately $50 million in available cash. 


Mr. Mark T. Brown, President and CEO, noted that "GoGold had the right to match
any competing offer received by Animas and an unsolicited offer was received
shortly after the transaction was announced, and it was matched, and slightly
improved, by the GoGold team."


The Definitive Agreement is subject to certain conditions being met, including
shareholder approval and TSX Venture Exchange approval. 


The Santa Gertrudis Gold Project (the "SG Property"), located 180 km north of
Hermosillo, Sonora, Mexico, was discovered by Phelps Dodge in 1986 and advanced
to open pit heap leach production in 1991. From May 1991 to October 2000, the
Santa Gertrudis Property produced 564,000 ounces of gold at an average grade of
2.13 grams per tonne. Phelps Dodge sold part of the Santa Gertrudis Property to
Campbell Resources in 1994 for US$10 million. Campbell later ceased mining and
processing activity due to low gold prices during the late 1990's and settled
some outstanding debts by assigning several core area concessions, including the
un-mined Cristina deposit, to certain local Mexican contractors. The Amelia
Mine, also on Animas' project area, was estimated to have historically produced
over 1 million tonnes at 2.88g Au/tonne. 


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 John R. Wilson, a Qualified Person as defined by National
Instrument 43-101 of the Canadian Securities Administrators, and a director of
Animas. 


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


Mark T. Brown, President & CEO

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Animas Resources Ltd.
Mark T. Brown
President & CEO
604-687-6197
www.animasresources.com

Animas Resources Ltd. (TSXV:ANI)
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