Everton and Brigus Announce More Positive Drill Results on the La Lechoza VMS Prospect in the Dominican Republic
February 02 2011 - 9:30AM
Marketwired
Everton Resources Inc., (TSX VENTURE: EVR)(FRANKFURT: ERV) and its
partner Brigus Gold Corp. (TSX and NYSE Amex: BRD) are pleased to
announce the latest results received from the core drilling program
currently underway at the La Lechoza VMS Prospect on the Ampliacion
Pueblo Viejo property, located adjacent to the Pueblo Viejo gold
deposit, in Central Dominican Republic. Highlights are:
-- Hole APV11-01: 0.34 g/t Au, 7.69 g/t Ag, 0.45% Cu and 0.26% Zn over
33.00 metres.
-- Hole APV11-02: 2.46 g/t Au, 26.73 g/t Ag over 27.00 metres.
-- Hole APV11-04: 2.89 g/t Au and 28.58 g/t Ag over 17.50 metres.
Commenting on these developments, Everton's CEO and President,
Andre Audet, said: "The ongoing drill program continues to confirm
the mineralization discovered at La Lechoza, and points towards new
and significant targets defined on the basis of geological,
geochemical and geophysical surveys completed in the previous
years."
Table of assay intercepts:
APV11-01 -Pon Hill - down-dip crossing APV10-07 and 10-16.
----------------------------------------------------------------------------
From m To m Length m Au g/t Ag g/t Cu % Zn % Comments
6.50 39.50 33.00 0.34 7.69 0.45 0.26
Including
8.00 11.00 3.00 1.55 28.50 0.40 0.33
and
36.50 38.00 1.50 0.47 13.14 1.27% 0.42
Final
----------------------------------------------------------------------------
APV11-02 - North Hill - 15 m SW of APV10-30
----------------------------------------------------------------------------
From m To m Length m Au g/t Ag g/t Cu % Zn % Comments
- 27.00 27.00 2.46 26.73 - -
Including
- 7.00 7.00 8.42 16.25 0.12 -
And including
3.50 6.00 2.50 21.86 25.06 - -
30.20 36.00 5.80 - - 0.53 -
greater
than
39.00 44.00 5.00 - - 0.31% -
Including
greater
than
41.00 42.00 1.00 - - 1.00% -
Final
----------------------------------------------------------------------------
APV11-03 - Spanish Pit - Low values
----------------------------------------------------------------------------
----------------------------------------------------------------------------
APV11-04 - North Hill - 15 m NE of APV10-30
----------------------------------------------------------------------------
From m To m Length m Au g/t Ag g/t Cu % Zn % Comments
- 3.00 3.00 - 28.53 - -
6.00 9.00 3.00 - - 0.15 -
9.00 26.50 17.50 2.89 28.58 - -
Including
9.00 13.50 4.50 10.02 46.43 - -
33.75 51.00 17.25 - - 0.44 -
Including
greater
than
35.75 38.50 2.75 - - 1.00% -
greater
than
54.00 62.00 8.00 - - 0.39% -
Including
greater
than
60.00 61.00 1.00 - - 1.00% -
Final
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This press release was reviewed by Robert Wheatley, P. Geo. and
VP Exploration of Everton, who acts as Everton's Qualified Person
as defined by NI 43-101. Personnel, at the project, photograph each
individual core box from each core hole prior to measuring core
recovery and geologically logging the hole. The core is then sawn
in half with one half going to the lab and the other half kept for
reference. All sample shipments are sealed and shipped to Acme
Analytical Laboratories (R.D.) S.A. at Maimon for preparation.
Prepared samples are then sent to the Acme Analytical Laboratories
Ltd. in Vancouver for analysis. Acme's quality control system
complies with the requirements for the International Standard ISO
9001:2000 by monitoring analytical accuracy and precision with the
insertion and analysis of blanks, reference standards and duplicate
samples. Everton's Quality Control is further assured by the use of
in-house blanks. The use of certified standards and independent
analysis of duplicate samples is being initiated.
Everton
Everton is partnered with Brigus Gold on actively exploring in
the Dominican Republic adjacent to the US$3 billion Pueblo Viejo
project, currently being developed by the world's largest gold
mining company, Barrick Gold Corporation (60%) (NYSE/TSX: ABX) in
partnership with Goldcorp (40%) ("Goldcorp") (NYSE: GG, TSX: G).
Planned divestiture of its 100%-owned subsidiary Hays Lake Gold
containing the Shoal Lake Gold Project in Kenora, Ontario is
expected to provide internal funding to advance the Ampliacion
Pueblo Viejo project. Everton also holds an interest in the Opinaca
region of James Bay, Quebec where the Company has partnered with
Aurizon Mines Ltd. who is advancing Everton's interest by funding
100% of all exploration work on one of the largest land packages
adjacent to Goldcorp's Eleonore gold deposit.
This news release contains certain forward-looking statements
that involve risks and uncertainties, such as statements of
Everton's plans, objectives, strategies, expectations and
intentions. The words "may", "would", "could", "will", "intend",
"plan", "anticipate", "believe", "estimate", "expect" and similar
expressions, as they relate to Everton, or its management, are
intended to identify such forward-looking statements. Many factors
could cause Everton's actual results, performance or achievements
to be materially different any future results, performance or
achievements that may be expressed or implied by such
forward-looking statements. The forward-looking statements included
in this press release represent Everton's views as of the date of
the release. While Everton anticipates that subsequent events and
developments may cause its views to change, it specifically
disclaims any obligation to update these forward-looking
statements, except in accordance with applicable securities laws.
Accordingly, readers are advised not to place undue reliance on
forward-looking information. All subsequent written and oral
forward-looking statements attributable to Everton or persons
acting on its behalf are expressly qualified in their entirety by
this notice.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Everton Resources Inc. Andre Audet Chairman and CEO
613-241-2332 613-241-8632 (FAX) andre@evertonresources.com Everton
Resources Inc. Wendy Pemberton Manager, Corporate Communications
613-241-2332 613-241-8632 (FAX) wendy@evertonresources.com
www.evertonresources.com
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