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 21, 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 21, 2005
3. PRESS RELEASE
The press release was released on January 21, 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 21, 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 21, 2005
SOIL SAMPLING REVEALS A 6 KM MINERALIZED TREND
PARALLEL TO THE NAVIDAD AND ESPERANZA TRENDS
IMA EXPLORATION INC. (IMR-TSX.V, IMXPF-OTC.BB) is pleased to announce results of
ongoing surface work at its 100% owned Navidad project in Patagonia, Argentina.
A large expansion to the soil sample grid and follow-up prospecting has
uncovered a series of new mineralized zones to the southeast of Loma de la
Plata. The newly named "ARGENTA TREND" includes Sector Zeta and Loma de la Plata
and extends approximately six kilometres to the southeast, parallel with the
Esperanza and Navidad Trends. Ongoing prospecting and detailed rock sampling
continue to define this exciting new trend and individual mineralized zones
along it.
1366 new samples (including blanks and duplicates) were collected at 50m
intervals on lines spaced 200m apart and cover an area of over 1300 hectares to
the south of the previous grid (see http://www.imaexploration.com/s/Navidad.asp
for updated maps showing results of the entire Navidad soil grid). The Argenta
Trend is highlighted by anomalous silver, lead and zinc values with subordinate
and sporadic anomalous copper.
Prospecting and geological mapping along the Argenta Trend has found several new
zones of silver-lead, lead-silver, and silver-copper mineralization. Results
have been received to date from 32 rock chip and grab samples, these range from
below detection to high-grade silver, lead, and copper. Highlights include eight
samples containing over 100 g/t silver (up to 290g/t Ag), ten samples with over
10% lead (up to 29.7% Pb), and two samples with over 1% copper (up to 1.42%).
Detailed sampling along the Argenta Trend is ongoing with the objective of
defining size and average grade of individual mineralized zones, results will be
reported as they become available.
Mineralization along the Argenta Trend occurs mainly within latite volcanic
rocks that appear similar to those at Galena and Navidad Hills and the newly
discovered Loma de la Plata zone. However, mineralization in the Argenta Trend
also occurs in sandstones and limestones with which the volcanics are
interbedded. The sequence is interpreted to be at the same stratigraphic level
as mineralization defined at Galena Hill, but with some differences in that
sedimentary facies are coarser grained. An interesting and unusual feature of
the Argenta Trend is the presence of a more than 5 km long continuous strontium
in soil anomaly caused by a bed of celestite (strontium sulfate) that appears to
have an exhalative hydrothermal origin. Much more restricted beds of celestite
have previously been found on the flanks of Navidad and Galena Hill. At both
Navidad and the Argenta Trend the celestite lies stratigraphically above the
levels most favorable for silver mineralization.
Volcanic strata outcropping along the Argenta Trend dip shallowly to the
northeast towards the Navidad and Galena Hill area (see previously published map
and cross-section of Loma de la Plata on IMA's web-site). Based on geological
mapping it is interpreted that this same favourable stratigraphic level is
present at depth between the Argenta and Esperanza Trends, a distance of over
2.4 kilometers. Geophysical crews are currently on site surveying this area with
the objective of developing additional targets that may be present along this
favourable stratigraphic level but not exposed on surface.
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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IMA is well financed to continue to test the numerous exploration targets at
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
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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 3
NEWS RELEASE
IMA EXPLORATION INC. PAGE 3
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[GRAPHIC OMITTED][GRAPHIC OMITTED]
OMITTED GRAPHIC IS:
MAP OF NAVIDAD PROJECT
RESOURCES, NAMED ZONEA AND TRENDS
TO VIEW MAP PLEASE VISIT THE COMPANY'S WEBSITE: www.imaexploration.com
OR
CANADIAN SEDAR FILING WEBSITE: www.sedar.com