Everton holds a 100% interest in eight polymetallic concessions totalling 63.4 km² within the Maimon Formation, host of the Cerro de Maimon volcanogenic massive sulphide deposit scheduled to commence production in 2008.

Compilation of historical work on some of the blocks indicates copper, zinc and gold-in-soil anomalies coincident with ground geophysical conductors. During the year, reconnaissance work was conducted over the eight blocks of concession, but detailed mapping and sampling was conducted on only two of the concessions, namely La Yautia and El Llano. The eight polymetallic concessions were flown by airborne Mag/EM geophysical survey. An exploration program, including diamond drilling, will be proposed in the spring 2008.

Please review our press releases for updates