UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of JANUARY, 2005.
Commission File Number: 0-30464
IMA EXPLORATION INC.
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(Translation of registrant's name into English)
#709 - 837 West Hastings Street, Vancouver, British Columbia, V6C 3N6, Canada
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(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F: FORM 20-F [X] FORM 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): _______
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): _______
Indicate by check mark whether the registrant by furnishing the information
contained in this Form, is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
YES [ ] NO [X]
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3- 2(b): 82-_____________
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf of the
undersigned, thereunto duly authorized.
IMA EXPLORATION INC.
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Date: JANUARY 13, 2005 /s/ Joseph Grosso
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Joseph Grosso,
President & CEO
BC FORM 51-102F3
MATERIAL CHANGE REPORT
1. NAME AND ADDRESS OF COMPANY
IMA Exploration Inc. (the "Issuer")
#709 - 837 West Hastings Street
Vancouver, BC
V6C 3N6
Phone: (604) 687-1828
2. DATE OF MATERIAL CHANGE
January 13, 2005
3. PRESS RELEASE
The press release was released on January 13, 2005 through various
approved public media and filed with the TSX Venture Exchange and the
British Columbia, Ontario, Alberta and Quebec Securities Commissions.
4. SUMMARY OF MATERIAL CHANGE(S)
See attached press release for details.
5. FULL DESCRIPTION OF MATERIAL CHANGE
See attached press release for details.
6. RELIANCE ON SUBSECTION 7.1(2) OR (3) OF NATIONAL INSTRUMENT 51-102
Not Applicable
7. OMITTED INFORMATION
Not Applicable
8. EXECUTIVE OFFICER
Joseph Grosso
Phone: (604) 687-1828
9. DATE OF REPORT
January 13, 2005.
IMA EXPLORATION INC.
Suite 709 - 837 West Hastings Street,
Terminal City Club Tower,
Vancouver, B.C. V6C 3N6
Tel: 604-687-1828 Fax: 604-687-1858 Toll Free: 800-901-0058
Internet: www.imaexploration.com E-mail: info@imaexploration.com
TSX Venture Exchange: IMR OTC Bulletin Board: IMXPF
Frankfurt & Berlin Exchanges: IMT (WKN 884971)
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NEWS RELEASE JANUARY 13, 2005
PHASE III DRILLING INTERSECTS THICK MINERALIZED BODY AT CALCITE HILL,
470 METRES NORTHWEST OF NAVIDAD HILL
IMA EXPLORATION INC. (IMR - TSX.V, IMXPF - OTC.BB) is pleased to announce the
results from the first 13 holes completed during the Company's Phase III drill
program on it's 100% owned Navidad silver discovery in Patagonia, Argentina.
Seven of the holes were infill drilling on Navidad Hill and the Connector zone
and six holes targeted Calcite Hill in the area of hole 88 defining a thick
mineralized body that remains open on three sides. Hole 88 intersected 72.3m of
202 g/t silver (reported on Sept. 8, 2004) and is located 470 metres northwest
of the nearest drilling at Navidad Hill. Prior to today's announcement, hole 88
was the only hole completed in the vicinity of the Calcite Hill target (see
attached map and table).
AT CALCITE HILL, HIGHLIGHTS INCLUDE HOLES 124 AND 126 THAT INTERSECTED 122.6
METRES OF 195 G/T SILVER (5.7 OZ/TON) AND 196.1 METRES OF 113 G/T SILVER (3.3
OZ/TON), RESPECTIVELY. Continued phase III drilling will target extensions to
this zone with the objective of defining resources at Calcite Hill and adding to
the 268 million ounces of silver (80.8 Mt @ 103 g/t silver, see December 1, 2004
release) currently reported at Galena, Connector, and Navidad Hills.
Drilling to date at Calcite Hill (seven drill holes ranging in length from 149.1
to 283.5 metres) has defined a wedge-shaped body of silver mineralization which
increases in thickness towards the northeast and is hosted within a
trachyandesitic flow-dome similar to that which hosts mineralization at Navidad
and Galena Hills. Holes 125, 88, and 124, all drilled on section 49,200E
(section posted at www.imaexploration.com), define this wedge that reaches a
maximum vertical thickness of approximately 120 metres in hole 124 and remains
open further to the northeast. Mineralization consists of a lead-rich upper zone
of breccias and veinlets filled by galena with lesser calcite and barite and a
lower zone dominated by calcite-barite veinlets with common native silver and
fine silver sulphides/sulphosalts. Drill holes 121, 123, and 125 were drilled to
the south or southeast of the thin edge of the wedge and intersected minimal
thicknesses of the volcanic host rock that contains the silver mineralization.
Drill holes 127 to 131 were collared at the Connector Zone and holes 132 and 133
at Navidad Hill in order to further define the margins of the previously
reported resource. The Connector Zone holes appear to have intersected both
stratigraphically and structurally controlled styles of mineralization that will
require further interpretation and drilling. Hole NV04-133 on the flank of
Navidad Hill intersected breccias with galena and barite mineralization with an
interval of higher grade mineralization containing 3.9m of 450 g/t silver within
a broad zone of lower grade mineralization in trachyandesite volcanic rocks.
This intersection is important in that it may open possibilities of additional
mineralization styles at Navidad Hill.
Dr. Paul Lhotka is IMA's Qualified Person for the Navidad project under National
Instrument 43-101 regulations and has overseen all aspects of the current
program. For more information and maps depicting the work described herein
please visit IMA's web site at http://www.imaexploration.com/.
NEWS RELEASE
IMA EXPLORATION INC. PAGE 2
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Navidad with significant drill programs. The Company has over 10 years
experience in Argentina and is focused on the exploration and development of
its' 100% owned Navidad silver discovery.
ON BEHALF OF THE BOARD
/s/ Joseph Grosso
__________________________________
Mr. Joseph Grosso, President & CEO
For further information please contact Joseph Grosso, President & CEO, or Sean
Hurd, Vice President Investor Relations, at 1-800-901-0058 or 604-687-1828, or
fax 604-687-1858, or by email info@imaexploration.com, or visit the Company's
web site at http://www.imaexploration.com.
The TSX Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or the accuracy of this release. CAUTIONARY NOTE TO US INVESTORS:
This news release may contain information about adjacent properties on which we
have no right to explore or mine. We advise U.S. investors that the SEC's mining
guidelines strictly prohibit information of this type in documents filed with
the SEC. U.S. investors are cautioned that mineral deposits on adjacent
properties are not indicative of mineral deposits on our properties. This news
release may contain forward-looking statements including but not limited to
comments regarding the timing and content of upcoming work programs, geological
interpretations, receipt of property titles, potential mineral recovery
processes, etc. Forward-looking statements address future events and conditions
and therefore involve inherent risks and uncertainties. Actual results may
differ materially from those currently anticipated in such statements.
2005 NUMBER 2
NEWS RELEASE
IMA EXPLORATION INC. PAGE 3
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TABLE 1: PHASE III DIAMOND DRILL RESULTS
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LWA LWA LWA
DDH LOCATION FROM TO LENGTH SILVER COPPER LEAD
(METRES) (METRES) (METRES) (G/T) (%) (%)
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NV04-121 Calcite Hill no significant results
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NV04-122 Calcite Hill 152.27 199.83 40.78 70 0.08 0.23
including 179.61 199.83 20.22 102 0.13 0.29
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NV04-123 Calcite Hill no significant results
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NV04-124 Calcite Hill 72.45 195.05 122.60 195 0.09 0.74
including 72.45 104.00 31.55 476 0.13 2.46
and 116.50 127.76 11.26 308 0.17 0.13
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NV04-125 Calcite Hill no significant results
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NV04-1262 Calcite Hill 87.40 283.50 196.10 113 0.05 0.44
including 87.40 187.66 100.26 156 0.05 0.83
and 270.17 283.50 13.33 232 0.06 0.00
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NV04-127 Connector Zone 97.08 111.39 14.31 56 0.01 0.44
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NV04-128 Connector Zone 54.60 80.09 25.49 58 0.04 0.54
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NV04-1293 Connector Zone no results - drillhole did not reach target
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NV04-130 Connector Zone 38.56 41.04 2.48 111 0.02 2.39
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NV04-131 Connector Zone 10.33 91.45 81.12 61 0.05 0.25
including 60.57 67.80 7.23 152 0.07 0.29
and 79.22 91.45 12.23 126 0.07 0.30
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NV04-132 Navidad Hill 49.55 56.75 7.20 31 0.05 0.86
and 96.71 101.00 4.29 62 0.10 0.50
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NV04-133 Navidad Hill 94.80 105.32 10.52 80 0.14 0.38
and 153.97 172.80 18.83 113 0.13 0.11
including 163.80 167.70 3.90 450 0.30 0.36
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NOTES:
1. All length weighted averages (LWA) results are "uncut".
2. Hole NV04-126 was shut down in mineralization at a depth of 283.5m due to
limitations of the drill when drilling at the shallow dip of -50(Degree).
The full depth extent of this mineralization will be investigated with
subsequent drillholes.
3. Hole NV04-129 was shut down before reaching it's intended target due to
problems with drilling conditions. Hole 130 was collared from the same
location and reached the intended target.
4. A table with full results to date and drill hole locations, orientations,
and lengths is available at IMA's website: www.imaexploration.com
NEWS RELEASE
IMA EXPLORATION INC. PAGE 4
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[GRAPHIC OMITTED][GRAPHIC OMITTED]
OMITTED GRAPHIC IS:
CALCITE HILL
DRILL HOLE LOCATIONS
JANUARY 13, 2005
TO VIEW THIS MAP PLEASE VISIT THE COMPANY'S WEBSITE: www.imaexploration.com
OR
THE SEDAR WEBSITE: www.sedar.com