Everton and Brigus Announce More Positive Drill Results on the La Lechoza VMS Prospect in the Dominican Republic
February 02 2011 - 7:30AM
Marketwired Canada
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.
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