EVERTON ACQUIRES JOBO CLARO CONCESSION ADJACENT TO PUEBLO VIEJO GOLD MINE IN THE DOMINICAN REPUBLIC
For 9:00 AM Release
September 28, 2005
Everton Resources Inc. (EVR:TSXV) is pleased to announce that it has signed an agreement to acquire 100% interest in the Jobo Claro concession adjacent to the Pueblo Viejo Mine, in the Dominican Republic.
The 53-square kilometre Jobo Claro concession is located 1.5 km east of the Pueblo Viejo gold mine, where Placer Dome announced the approval for the development and the production of 12 million ounces of gold (press release, September 27, 2005).
The Jobo Claro concession is covered by the volcanic and sedimentary rocks of the Los Ranchos Formation, the same rock unit that hosts the Pueblo Viejo Mine. A regional stream sediment sampling program carried out between 1997 and 2000 by Sysmin for the Mining Office (Direccion General de Mineria) of Dominican Republic, covered the Jobo Claro concession. From the 17 stream sediment samples collected on the concession, three of them returned anomalous gold values ranging from 11 to 75 ppb as well as two others, yielded copper values of 83 and 93 ppm, for a respective background of 3 ppb gold and 24 ppm copper.
A first phase of exploration work comprising a systematic stream sediment sampling and a geological reconnaissance program will be undertaken in October 2005 at Jobo Claro. A follow-up program on high potential zones is planned for early December.
Everton has the exclusive option to evaluate the Jobo Claro project for a period of 180 days from the effective date of September 10th, 2005, by paying US$30,000. After that period, Everton can acquire 100% interest in the project from a local concession holder by paying US$150,000. The Jobo Claro concession title is in good standing and registered at the Direccion General de Mineria.
This press release was prepared by Everton under the supervision of Marc L’Heureux, P.Geo., Vice President Exploration of Everton, who serves as the Qualified Person (NI 43-101) for the project.
Everton is a well-financed junior company with gold and base metal properties in the Dominican Republic, Uruguay and James Bay, Quebec.
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
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