Everton Reports Additional Results From La Lechoza Including 11.26 g/t Au and 235 g/t Ag, 0.76% Cu, 6.99% Zn, 1.05% Pb Over 1.50
April 13 2011 - 8:30AM
Marketwired Canada
Everton Resources Inc., ("Everton") (TSX VENTURE:EVR)(FRANKFURT:ERV) is pleased
to report additional results from the La Lechoza prospect at the Ampliacion
Pueblo Viejo concession, immediately adjacent to Barrick/Goldcorp's Pueblo Viejo
gold deposit in the Dominican Republic.
Highlights include in drill hole APV11-30: 10.50 m at 2.29 g/t Au, 65 g/t Ag,
0.64% Cu and 3.43% Zn, including 1.50 m at 11.26 g/t Au, 235 g/t Ag, 0.76% Cu,
6.99% Zn and 1.05% Pb.
"The latest La Lechoza numbers continue to prove the value of our strategy to
focus our exploration and discovery operations exclusively on Ampliacion Pueblo
Viejo," said Andre Audet, President and CEO of Everton Resources Inc.
"Last year, Everton Resources Inc. began divesting its Canadian gold properties
to enable its management to re-focus its energies on the company's Dominican
Republic gold, silver and copper resources immediately adjacent to the 24
million ounce Barrick/Goldcorp Pueblo Viejo gold deposit.
"We've positioned ourselves perfectly - financially and operationally - to
deliver the potential our shareholders and backers expect from us," he said.
"Our positioning has led to the progress we've seen today. The growing
understanding of our mineralized geology brings us a step closer towards
initiating the calculation of a resource estimate in compliance with National
Instrument 43-101" Mr. Audet said.
Other results include:
APV11-30 - Between Pon Hill and Spanish Pit
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From To Length Au Ag Cu Zn Notes
m m m g/t g/t % %
----------------------------------------------------------------------------
12.50 23.00 10.50 2.29 65.00 0.64% 3.43%
Including
12.50 15.50 3.00 7.16 166.10 0.96% 5.25%
And including
12.50 14.00 1.50 2.97 97.00 1.15% 3.52%
And
14.00 15.50 1.50 11.26 235.00 0.76% 6.99% 1.05% Pb
----------------------------------------------------------------------------
Note: assays 30.50 m to 147.50 m pending.
APV11-29 - North Hill
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From To Length Au Ag Cu Zn Notes
m m m g/t g/t % %
----------------------------------------------------------------------------
155.00 158.00 3.00 1.75 4.80 - -
----------------------------------------------------------------------------
APV11-28 - Pon Hill
----------------------------------------------------------------------------
From To Length Au Ag Cu Zn Notes
m m m g/t g/t % %
----------------------------------------------------------------------------
8.00 11.00 3.00 0.23 10.00 0.90% 0.64%
Including
9.50 11.00 1.50 0.29 19.00 1.46% 0.40%
32.00 36.50 4.50 0.22 7.50 - -
----------------------------------------------------------------------------
APV11-26 - Spanish Pit
---------------------------------------------------------------------------
From To Length Au Ag Cu Zn Notes
m m m g/t g/t % %
---------------------------------------------------------------------------
108.50 122.00 13.50 0.72 3.10 - -
Including
110.00 111.50 1.50 1.35 4.50 - -
And
116.00 117.50 1.50 1.08 4.00 - 0.60%
And
119.00 125.50 6.50 1.56 3.30 - -
Also:
98.00 186.50 88.50 - - - 0.23%
Including
128.00 162.50 34.50 - - - 0.35%
And including
134.00 143.00 9.00 - - - 0.61%
And including
134.00 135.50 1.50 - - - 1.21%
And
141.50 143.00 1.50 - - - 1.91%
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APV11-25 - Spanish Pit
---------------------------------------------------------------------------
From To Length Au Ag Cu Zn Notes
m m m g/t g/t % %
---------------------------------------------------------------------------
- 14.00 14.00 - 10.35 - -
Including
1.00 3.50 2.50 - 13.20 - -
And
6.50 9.50 3.00 - 23.10 - -
And
12.50 14.00 1.50 - 17.20 - -
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APV11-22 - Frank's Farm
---------------------------------------------------------------------------
From To Length Au Ag Cu Zn Notes
m m m g/t g/t % %
---------------------------------------------------------------------------
1.00 6.50 5.50 29.97
Including
1.00 2.00 1.00 78.40
---------------------------------------------------------------------------
APV11-21 - Cd Target
---------------------------------------------------------------------------
From To Length Au Ag Cu Zn Notes
m m m g/t g/t % %
---------------------------------------------------------------------------
0.00 2.00 2.00 0.13 7.50 - -
---------------------------------------------------------------------------
APV11-18 - North Hill
---------------------------------------------------------------------------
From To Length Au Ag Cu Zn Notes
m m m g/t g/t % %
---------------------------------------------------------------------------
1.00 2.00 1.00 0.14 - - -
20.00 21.50 1.50 - 11.10 - -
---------------------------------------------------------------------------
APV11-16 - Alfredito Farm
---------------------------------------------------------------------------
From To Length Au Ag Cu Zn Notes
m m m g/t g/t % %
---------------------------------------------------------------------------
8.50 16.00 7.50 0.21 - - -
37.00 49.00 12.00 0.41 3.96 - 0.30%
Including
43.00 44.50 1.50 1.92 6.60 - 0.34%
55.00 59.50 4.50 0.31 2.63 - 0.36%
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(i)APV11-31-North Hill, APV11-27-MJ Target, APV11-24-North Hill, APV11-23-Jasper
Field, APV11-20-Alfredito Farm, APV11-19-Alfredito Farm, APV11-17-Alfredito
Farm; have no meaningful values or low values.
The deep drilling program designed to test the theory of deep mineralization
covered by a barren silica lithocap was started on March 24 and is currently
underway. Hole APV11-33 is in progress. The drilling program is being conducted
by the local contractor Geocivil, S.A., in partnership with Cubanex and Heath
and Sherwood.
This news 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 and Brigus Gold Corp hold 50-50% interests in the Ampliacion Pueblo
Viejo ("APV") and Loma El Mate projects, which are managed by Everton and are
contiguous with Barrick's and Goldcorp's US$3 billion Pueblo Viejo gold project.
Everton has the right to earn an additional 20% interest in each of the projects
by investing further. 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.
Click here to view corporate video:
http://www.evertonresources.com/flash/everton_video.swf
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.
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