Second Drill Deployed as Everton Accelerates Drilling Program in the Dominican Republic
02 December 2010 - 1:00AM
Marketwired
Everton Resources Inc. (TSX VENTURE: EVR)(FRANKFURT: ERV) is
pleased to report that it has added a second drill to the 6,000
meter, Phase One exploration drill program on the Ampliacion Pueblo
Viejo concession, contiguous to Barrick and Goldcorp's Pueblo Viejo
Project. Drilling is well underway with approximately one third, or
2,000 meters completed. Phase One drilling is comprised of
approximately 30 holes, averaging 200 meters with the deepest being
300 meters.
"We have accelerated our current drill schedule by engaging a
second drill which started last Friday with assay results expected
before mid December," stated Andre Audet, Chairman and CEO of
Everton. "A third, larger drill will be deployed as soon as we can
arrange for a contractor and set up at our site on the western
border of the Pueblo Viejo concession. We are very pleased with our
strategic plan to focus all our energy in the Dominican Republic
and we plan to provide additional insight on our Dominican Republic
properties when we release upcoming drill results."
About Everton
Everton is partnered with Brigus Gold on actively exploring in
the Dominican Republic adjacent to the US$3.0 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.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
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 from 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. 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. Gary Economo Manager, Corporate Communications
613-241-2332 613-241-8632 (FAX) gary@evertonresources.com
www.evertonresources.com
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