company properties investors interviews gallery news
contact
sitemap
November 29, 2006
 
bg_dark
  ______________________
  2006 News Releases
spacer
  2005 News Releases
spacer
  2004 News Releases
spacer
  2003 News Releases
spacer

 

News Release Print This News Article

08/17/2005
Everton updates its activities in James Bay, Quebec

Ottawa August 17th, 2005. Everton Resources (TSXV-EVR)

Wildcat (100% Everton)

Everton Resources Inc. has now begun its field program on its Wildcat Project located in the Virginia’s Eleonore gold discovery area, of James Bay Quebec. The Wildcat Project is comprised of 7 different blocks covering a total of 302.8 km2. One of the blocks is located 3 km from the Eleonore gold discovery. The program consists mainly of rock sampling and till sampling. A systematic lake-bottom sediment survey of 265 samples was recently completed and results are pending. Rock samples will be sent for assaying on a regular basis to the laboratory. The objective of this program is to generate target areas that will be followed up with a more focused exploration program in the fall.

Opinaca (option to earn up to 65% from Azimut)

The reconnaissance program is well underway over the four blocks of the 285 km2 Opinaca project. Systematic reconnaissance lines with an emphasis on aggressive rock sampling are being conducted on four different blocks of the project. Two blocks are adjacent to Virginia’s properties. First observations allowed for the recognition of metamorphosed sediments and volcanics in contact with intrusive rocks. Sediments are often mineralized with finely bedded or disseminated pyrite and arsenopyrite. More than 200 lake-bottom sediment samples were also collected in order to define high potential exploration sectors on the properties. The first phase of reconnaissance is to be completed by the end of August. A second phase of field work will begin in early September on the most prospective sectors.

Based on field observations a total of 70 claims covering 37 km2 were recently added to one of the Opinaca block to secure a larger land package.

Other properties in James Bay (100% Everton)

Everton holds 10 other blocks of properties covering 995 km2 in the James Bay area. All the blocks are characterized by the presence of lake-bottom anomalies in gold. Work programs are currently being designed to advance these new properties. One of the blocks, the Eastmain block, is covered by metasediments and metavolcanic rocks in contact with intrusive rocks. This block is situated between two properties optioned independently to Azimut Exploration Inc. by Placer Dome Inc. and Cambior Inc.

All rock samples are assayed at the Laboratoires Expert of Rouyn-Noranda, Quebec and field work is conducted by IOS Services Géoscientifiques of Chicoutimi, Quebec under the supervision of Marc L’Heureux, P.Geo., who act as the “Qualified Person” as requested by the NI 43-101.

Everton is a well-financed junior company with gold and base metal properties in the Dominican Republic, Uruguay and James Bay, Quebec.

-30-

The TSX Venture Exchange neither approves nor disapproves of the information contained in this News Release. The Company’s Shares are listed on the TSX Venture Exchange and trade under the symbol “EVR”.

For more information, please contact

André Audet
Chairman & CEO
Tel: 613 241 2332 Fax: 613 241 6005
[email protected]
www.evertonresources.com

 

Back to top

 
bg_dark
______________________________________________________
HOME - COMPANY - PROPERTIES - INVESTORS - GALLERY - NEWS - CONTACT - SITEMAP