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 JUNE , 2004.
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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
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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 by furnishing the information contained in this
Form, the registrant 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
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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.
Date: JUNE 10, 2004 /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
June 10, 2004
3. PRESS RELEASE
The press release was released on June 10, 2004 through various
approved public media and filed with the TSX Venture Exchange and the
British Columbia, Ontario and Alberta 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
June 10, 2004.
/s/ Joseph Grosso
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Joseph Grosso, President & CEO
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 JUNE 10, 2004
IMA IDENTIFIES FOUR NEW SILVER ANOMALIES ALONG
8.5 KM STRIKE LENGTH PARALLEL TO NAVIDAD
IMA EXPLORATION INC. (IMR-TSX.V, IMXPF-OTC.BB) is pleased to announce that four
significant new silver anomalies in soil samples have been identified over an
8.5 km strike length along a trend parallel to the 5.8 km Navidad Trend. These
anomalies include the Fold zone, the Esperanza Trend, the Esperanza northeast
extension, and Sector Zeta. Rock samples collected while prospecting the soil
anomalies have returned values of 1.0 to 10,650 g/t silver from exposed veinlets
and breccias at the Sector Zeta and values of <0.2 to 1,925 g/t silver from the
Esperanza Trend (see attached map or visit www.imaexploration.com).
Current Phase II drilling is exploratory in nature with the goal of identifying
more resources to add to the Galena Hill Deposit where an INDICATED RESOURCE OF
207 MILLION OUNCES OF SILVER AND 1.1 MILLION TONNES OF LEAD (63.6 MILLION TONNES
@ 101 G/T SILVER AND 1.76% LEAD) has been recently estimated by Snowden Mining
Industry Consultants Inc. (see IMA press release of May 25, 2004).
Recent surface work has included approximately 36 additional kilometres of
pole-dipole IP geophysics, a significantly expanded soil sample grid (2546 new
samples including duplicates and standards) and rock sampling and prospecting
(204 new samples) of new anomalous zones identified by the soil samples
(anomalous soil samples defined as >2 g/t silver). Geophysical results are
currently being processed; significant results will be released when they become
available.
To date, approximately 1,800 metres of HQ core have been drilled in the Navidad
Phase II winter drilling program that will ultimately include 8,000 to 10,000
metres in 50 to 60 diamond drill holes. Drilling to date has included holes at
Navidad Hill, Barite Hill, the Esperanza Trend and two holes drilled for
metallurgical purposes on Galena Hill. Results from the initial drill holes are
expected shortly and will be released periodically as they become available.
The Company's exploration activity is focused on the Navidad claims and on
continuing quality exploration work designed to define economic gold and silver
deposits in Argentina and Peru. IMA has put together an enviable property
portfolio including over 37 well-located, high-potential projects and is
continuing to add this package through grass-roots exploration and staking.
ON BEHALF OF THE BOARD
/s/ Joseph Grosso
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Mr. Joseph Grosso, President & CEO
For further information please contact Joseph Grosso, President & CEO, or Sean
Hurd, Investor Relations Manager, 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.
2004 NUMBER 20
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