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, 2006.

                        Commission File Number: 001-32558


                              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.
                                           -------------------------------------

Date: January 18, 2006                     /s/ Joseph Grosso
     ------------------------------        -------------------------------------
                                           Joseph Grosso,
                                           President & CEO





                              IMA EXPLORATION INC.
                            (A Grosso Group Company)
                      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    American Stock Exchange: IMR
                 Frankfurt & Berlin Exchanges: IMT (WKN 884971)

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                         NEWS RELEASE - JANUARY 18, 2006

                        COMMENTS ON IMA'S MARKET ACTIVITY


Mr. Joseph Grosso,  on behalf of the Company would like to comment on the latest
market activity and confirm that there are no fundamental changes to report. The
Company is  proceeding  with the 10,000  meter  exploration  drill  program  and
commencing the scoping study (pre-feasibility) on the Navidad project.

The most likely cause of this recent volatility could be the result of a 16-page
summary that forecasts Aquiline Resources Inc. to win its litigation against IMA
Exploration  that is being  circulated  on the  Internet  by Mr.  Blaise  Yerly,
Chairman of Aquiline.  It has been written by a Director of a small London based
financing  firm who is a neither a lawyer or a judge and did not attend a single
day in  court.  In Mr.  Yerly's  email he has  described  the  author as a large
shareholder of Aquiline.

IMA's  Management are extremely  disappointed  that Aquiline's  Management would
choose to  circulate  this biased  summary via the  Internet  while the court is
reviewing  the  matter.  This  document  only  serves  to play on the  fears  of
investors prior to the verdict.  The Judge is currently  reviewing the thousands
of pages of transcripts  from the two month long trial along with testimony from
numerous  witnesses and the lengthy arguments  submitted by both parties.  It is
the Judge and not the author of the summary  being  circulated  by Aquiline that
will  determine  the outcome of the case.  IMA has the  highest  respect for the
Judge and remains confident of the outcome. IMA will continue to restrain itself
from  participating  in this type of propaganda and will only report on material
facts as they relate to the Company.


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.
                                                                   2006 NUMBER 1