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Everton Resources Inc. (TSX VENTURE:EVR - News; FRANKFURT:ERV - News) 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.
Contact:
Andre Audet
Everton Resources Inc.
Chairman and CEO
613-241-2332
613-241-8632 (FAX)
andre@evertonresources.com |
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