company properties investors interviews gallery news
contact
sitemap
May 5, 2008
 
bg_dark
  ______________________
  2008 News Releases
spacer
  2007 News Releases
spacer
  2006 News Releases
spacer
  2005 News Releases
spacer
  2004 News Releases
spacer
  2003 News Releases
spacer

 

News Release Print This News Article

8/9/2006
EVERTON BEGINS DRILLING THE TRES BOCAS MASSIVE SULFIDE DISCOVERY, LOMA EL MATE CONCESSION, DOMINICAN REPUBLIC

Everton Resources Inc. (EVR – TSX-V)is pleased to announce that a 9-hole drill program has begun at the Tres Bocas Prospect on the Loma el Mate concession, located 5 kilometres southeast of Barrick Gold’s Pueblo Viejo mine, in the Dominican Republic.

The drill program aims at defining the continuity and the extensions of the high grade massive sulphide intercepts discovered in May 2006, where a cut of 10.58 meters, grading 2.96 g/t gold, 104.91 g/t silver, 2.03% copper and 9.41% zinc was obtained in hole TBM-07.  Hole TBM-12, collared 50 metres southeast of hole TBM-07, intercepted 4.57 metres, grading 1.36 g/t gold, 119.98 g/t silver, 0.75% copper and 8.05 % zinc (press release of May 17, 2006).

The drill program is based on a recent review of all geophysical and geological data followed by detailed mapping on the Tres Bocas discovery area. Two of the nine holes proposed in this program will also be testing a surface gold-bearing gossan overlying the massive sulphides, where a 6-metre intercept returned 1.67 g/t gold (press release of Jan 17, 2006).

Everton and Linear Gold Corp. are joint venture partners sharing an equal interest in the Loma el Mate concession.

This press release was prepared by Marc L’Heureux, P. Geo. And Vice President of Exploration of Everton who acts  as the “Qualified Person” for the purpose of the National Instrument 43-101 Standards of Disclosure for Mineral Properties.

Everton Resources  is actively exploring in the Opinaca region near James Bay Quebec where Everton has amassed one of the largest land claims adjacent to the Eleonore Gold discovery where Goldcorp Inc. (NYSE:GG TSX:G) is proposing to spend several hundreds of millions of dollars developing its recent property acquisition.  Everton Resources is also actively drilling in the Dominican Republic adjacent to where the world’s largest gold mining company, Barrick Gold (NYSE-TSX:ABX), is partnering with Goldcorp to develop the Pueblo Viejo gold deposit, one of the world’s largest deposits, at an estimated cost of US$1.4 billion.

 

For more information, please contact:

Todd Opalick, Manager Investor Relations
Email address: todd @evertonresources.com
Tel: 613.241.2332   Fax: 613.241.6005
www.evertonresources.com
André Audet Chairman & CEO
Email address: [email protected]
Tel: 613 241 2332   Fax: 613 241 6005
www.evertonresources.com

 

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”

 

Back to top

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