Everton Updates Drilling on Ampliacion Pueblo Viejo in Dominican Republic
30 April 2014 - 10:30PM
Marketwired
Everton Updates Drilling on Ampliacion Pueblo Viejo in Dominican
Republic
OTTAWA, ONTARIO--(Marketwired - Apr 30, 2014) - Everton
Resources Inc. ("Everton" or the "Company")
(TSX-VENTURE:EVR)(FRANKFURT:ERV) is pleased to provide an update on
the core drilling program on its 100% owned Ampliacion Pueblo Viejo
concession located adjacent to the Pueblo Viejo gold mine
(Barrick/Goldcorp) in the central Dominican Republic. The drill
program started on March 10th and ten holes totaling approximately
3,000 meters have been completed. As previously announced, the
drill program initially contemplated 10-15 holes, 200 to 300 meters
deep representing approximately 5,000 meters in total.
The program is designed to test anomalies interpreted from
airborne and ground geophysics, soils and rock geochemistry,
geological mapping and results from previous drilling
campaigns.
The drilling has intersected several intervals of moderate to
strong hydrothermal alteration and sulphide mineralization. These
include moderate to advanced argillic alteration, locally strong to
massive silicification and regional propyllitic alteration in
volcanics, minor sedimentary units and fine grained intrusives.
The core is being logged, photographed and sampled at the core
shack facilities in Cotui. To date two job batches have been sent
to the samples preparation facilities of Acme Laboratories in
Maimon, for processing and shipping to Vancouver, BC for assaying.
Drill results are expected to be released as soon as they are
available.
Sampling and QA/QC
procedures
The core is received at the drill sites by the Everton geologist
in charge and transported by ground to the core processing
facilities in Cotui, where the boxes are quick logged, sample
intervals are marked and the boxes are photographed before cutting.
The core is split with electric diamond rock saw and sampled in 1.5
metres average intervals. Commercial standards and blanks are
inserted in the sample chain, as well as regularly duplicating
samples by quartering. Everton also regularly inserts limestone
samples known to have no gold or base metals mineralization for
further internal control.
The cutting and sampling is continuously supervised by the
geologist in charge. The samples are bagged in plastic bags,
labelled and sealed. The holes are being sent to the preparation
lab once each hole is completely sampled. The assay protocols used
are standard of Acme Labs PRP85-250 and assay by ICP-MS code
AQ200.
The technical information in this news release has been reviewed
and approved by Mr. Hugo Dominguez, C.P.G., who acts as Everton's
Qualified Person as defined under National Instrument 43-101.
About Everton Resources Inc.
Everton is actively exploring in the Dominican Republic adjacent
to the Pueblo Viejo Mine, owned by the world's two largest gold
mining companies, Barrick Gold Corporation (60%) in partnership
with Goldcorp Inc. (40%) ("Goldcorp"). Everton also holds an
interest in the Opinaca region of James Bay, Quebec where the
Company has partnered with Hecla Mining Company (formerly Aurizon
Mines Ltd.) which is advancing Everton's interest by funding
exploration work on one of the largest land packages adjacent to
Goldcorp's Eleonore gold deposit.
For further information on Everton Resources Inc., please visit
http://www.evertonresources.com/.
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.
Everton Resources Inc.Andre AudetChairman and
CEO613-241-2332613-424-5682andre@evertonresources.comwww.evertonresources.comInvestor
Cubed Inc.:Neil Simon(647) 258-3311, (888)
258-3323info@investor3.cawww.investor3.ca
Everton Resources (TSXV:EVR)
Historical Stock Chart
From Oct 2024 to Nov 2024
Everton Resources (TSXV:EVR)
Historical Stock Chart
From Nov 2023 to Nov 2024