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 DECEMBER, 2004.
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: DECEMBER 09, 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
December 09, 2004
3. PRESS RELEASE
The press release was released on December 09, 2004 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
December 09, 2004.
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 December 09, 2004
TRENCHING RETURNS 40M OF 740 G/T (21.6 OZ PER TON) SILVER
ON THE LOMA DE LA PLATA ZONE AT NAVIDAD
IMA EXPLORATION INC. (IMR - TSX.V, IMXPF - OTC.BB) is please to announce that
surface sampling has returned high silver grades over significant widths from
the important new zone "Loma de la Plata" at the Company's 100% owned Navidad
project in Patagonia, Argentina. Loma de la Plata is a new discovery that was
announced on November 2, 2004, and is located approximately 4 km west of IMA's
Galena Hill deposit.
Prospecting and a significantly expanded soil grid have been completed to the
southeast of Loma de la Plata to evaluate a potential new trend parallel to the
Navidad and Esperanza trends. Indicated resources at the Navidad project
currently stand at 268 million ounces of silver (80.8 Mt @ 103 g/t silver,
estimated using a 50 g/t silver equivalent cut-off).
LOMA DE LA PLATA ROCK CHIP SAMPLING RESULTS
LENGTH WEIGHTED AVERAGE
SAMPLE LINE LENGTH GRADESILVER
(METRES) (GRAMS PER TONNE)
Line 1 40.1 740
Line 2 39.3 322
Line 3 42.9 684
Line 4
- sampled length 72.5 298
- bedrock not reached 63.4 -
Line 4 (gaps at zero grade) 135.9 159
Line 5 24.0 260
Line 6 15.0 384
Line 7
- sampled length 29.5 499
- bedrock not reached 19.0 -
Line 7 (gaps at zero grade) 48.5 304
These results are the first systematic rock samples from this important new
target at the Navidad Project. Twelve lines of channel samples covering an area
of 400 by 400 meters have been completed at Loma de la Plata to date, results
are available for the first seven. These seven sample lines tested an
outcropping area of about 190 by 250 metres and comprised 153 individual samples
ranging from 0.7 to 2.5 metres in length. Silver values of the individual
samples ranged from 4 to 4,740 grams per tonne silver. Of the 153 samples, 127
contained greater than 50 grams per tonne silver.
Geological mapping indicates that the mineralization lies within a unit of
massive latite volcanics with quartz eyes overlain by a sequence of limestones
and sandstones that dip to the northeast at 15 to 45 degrees. This host unit is
underlain by a sequence of aphyric andesite or latite volcanic flows which to
date have not been found to host mineralization. The horizontal width of the
favourable quartz eye latite is about 300m, but the true thickness is
interpreted to be significantly less due to the shallow dip. Mineralization
consists of minor amounts of galena and green copper oxides with occasional
fine-grained native silver and probable silver sulphides. The mineralization
NEWS RELEASE DECEMBER 9, 2004
IMA EXPLORATION INC. PAGE 2
occurs in micro-veinlets and narrow veins and has the appearance and
distribution of a stockwork with local development of hydrothermal breccia.
Gangue minerals include calcite, barite and minor silica. Base metal values are
economically insignificant and typically range from 0.05 to 0.2% for both lead
and copper over the full lengths of the sample lines.
Soil and rock sampling results are pending from a large area to the southeast of
Loma de la Plata. These were collected to test the theory that the
mineralization at Loma de la Plata and the Sector Zeta showings may indicate a
completely new trend of mineralization parallel to, but offset by about 3km,
from the Navidad trend that includes Calcite, Navidad, Galena and Barite Hills.
This new soil sampling coverage extends for roughly 7km to the southeast from
Loma de la Plata and ranges in width from 1.5 to 2.5km. It is contiguous with
the prior soil sampling. A total of 1366 new soils samples were collected
including blanks and duplicates. Final results of these new soil samples are
expected shortly.
Dr. Paul Lhotka is IMA's Qualified Person for the Navidad project and has
overseen all aspects of the current program. For more information and a drawing
depicting the work described herein please visit IMA's web site at
http://www.imaexploration.com/.
IMA is well financed to execute several significant drill programs to continue
to test the numerous remaining targets at Navidad as well as conduct a regional
review of the Company's large adjoining land package. 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, 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 34