Your Feedback
Marion wrote: I am a sea lover. Seems to be an interesting cruise. david martin Abrahams would love to travel on it.


YV&C Current Issue


YV&C Recommended Yacht Charter Links

Everton Starts 6,000-Metre Drill Program in the Dominican Republic
Everton Starts 6,000-Metre Drill Program in the Dominican Republic

OTTAWA, ONTARIO -- (MARKET WIRE) -- 07/03/08 -- Everton Resources Inc. (TSX VENTURE: EVR)(FRANKFURT: ERV)("Everton" or the "Company") is pleased to announce the start of a 6000-metre diamond drill program in the Dominican Republic. This 40 to 50 hole drill program will test multiple gold and polymetallic targets on the El Llano, La Yautia, Fresso and Ampliacion Pueblo Viejo properties.

"This is the Company's most aggressive drill program yet in the Dominican Republic," stated Everton's President & CEO, Andre Audet. "After extensive exploration work, we have generated multiple ready-to-drill targets for gold and base metals that will be tested over the next two to three months."

El Llano & La Yautia

The first phase of the drill program will consist of 10 diamond drill holes totalling 2,000 metres on Everton's 100%-owned El Llano and La Yautia polymetallic concessions. This phase of the drill program is designed to test polymetallic copper-zinc-gold-silver volcanogenic massive sulphide ("VMS") targets which were identified by the 2007 helicopter-borne magnetic and electromagnetic surveys, the recent 32-km ground induced polarization ("IP") survey and the soil geochemical anomalies. The El Llano and La Yautia concessions, covering 1,512 hectares, are located in an area underlain mostly by mafic metavolcanics of the Maimon Formation, host of GlobeStar Mining Inc.'s ("GlobeStar") Cerro de Maimon VMS deposit (currently under development), located approximately 12 km to the southeast along strike.

Fresso

The second phase of the drill program will consist of 5 to 10 diamond drill holes of depths ranging between 75m and 150m, totaling 1,000 metres on the newly optioned Fresso polymetallic exploration concession (Everton has the option to acquire a 100% interest - see news release dated June 12, 2008), located in the north-western part of the Dominican Republic, on the Haiti border. Following the completion of the drill campaign, Everton will conduct a thorough surface evaluation of the property including geological mapping and geochemical sampling.

The 6,650 hectare Fresso concession has an extensive zone of disseminated sulphide mineralization occurring within the siliceous bedded chert. The area is underlain mostly by mafic metavolcanics and cherts of the Duarte Formation (Lower Cretaceous), in contact with intrusive tonalites.

Ampliacion Pueblo Viejo

The final phase of the drill program will consist of 3,000 metres on the 4,045 hectare Ampliacion Pueblo Viejo concession (option to acquire up to 65% from Linear Gold Corp.) located adjacent to Barrick/Goldcorp's Pueblo Viejo deposit, in central Dominican Republic. Details of this drill phase will be outlined in mid summer.

New website

Investors are invited to visit the new Everton Resources website at the following address: www.evertonresources.com. It is a valuable source of relevant information concerning the Company and its projects. Interested parties may also wish to join the mailing list to receive press releases and other company information.

This press release was prepared under the supervision of Marc L'Heureux, P. Geo. and VP Exploration of Everton, who acts as Everton's Qualified Person as defined by National Instrument 43-101.

Everton is well funded and actively exploring in the Opinaca region of James Bay, Quebec where the Company has amassed one of the largest land claims adjacent to Goldcorp Inc.'s ("Goldcorp") (NYSE: GG, TSX: G) Eleonore gold deposit which currently hosts an estimated mineral resource of 3.68 million ounces of gold (December 31, 2007 at $650/oz. Au). Everton is also actively exploring in the Dominican Republic adjacent to the US$2.7 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%). Pueblo Viejo is estimated to contain 20.4 million ounces of gold, 2.6 billion pounds of zinc, 423.6 million pounds of copper and 117.3 million ounces of silver.



The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. The Company's shares are listed on the TSX Venture Exchange and trade under the symbol "EVR".

Contacts:
Everton Resources Inc.
Maureen Doherty
Manager Corporate Communications
613-241-2332
613-241-8632 (FAX)
maureen@evertonresources.com

Everton Resources Inc.
Andre Audet
President & CEO, Chairman
613-241-2332
613-241-8632 (FAX)
andre@evertonresources.com
www.evertonresources.com

About Marketwired .
Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Subscribe to the World's Most Powerful Newsletters !
Receive Breaking Yacht Charters News as it Happens...
Yacht Charter Newsletter
Jet Charter Newsletter
 
SuperYacht Newsletter
SuperYacht Conference
Your E-Mail: 
State: 
Zip Code: 




Type the characters you see in this picture (lower case):   


YV&C Recommended Yacht Charter Links

Latest YV&C Stories
The Borneo International Yachting Challenge 2007 (BIYC) scheduled for September, which will have as its highlight a 100-nautical mile passage race from Labuan to here, is expected to attract 30 sailing teams.
Cloud Expo, Inc. announced on Thursday that Cloud Expo 2011 New York, the 8th International Cloud Computing Conference & Expo, will take place June 6-9, 2011, at the Javits Center in New York City. The International Cloud Computing Conference & Expo series is the world’s leading Cloud-...
Magnum Nautica is the first and foremost Croatia yacht charter company. It has added a luxury charter yacht, Sunseeker Manhattan 60, named ‘Rej,’ to its existing fleet of 10 luxury and charter yachts. This new addition to its fleet, with a capacity to accommodate 6 guests, is a great l...
The website, Lookflorida.com states: 'A group of Florida real estate agents have agreed to participate in the FREBS program. These agents will give you a cash stimulus at closing on your Florida real estate purchase. You could be eligible for up to $150,000' The stimulus program ...
Books are now open for Crystal Cruises' 16th annual, 110-day 2011 World Cruise. Fares for the "Grand Exotic Expedition" World Cruise aboard Crystal Serenity are now available online, along with Full World Cruise and segment itinerary details, and attractive promotional and savings info...
A JetBlue Embraer ERJ-190, registration N279JB performing flight B6-904 from Chicago O'Hare, IL to New York JFK, NY (USA) with 64 passengers and 4 crew, was on final visual approach to JFK's runway 31R descending through 2000 feet, when the crew reported they needed to abort the approa...


YV&C Recommended Yacht Charter Links