Printer Friendly
The Free Library
14,800,529 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Everton Resources Inc.: Ground Geophysics Confirms 1.2 km I.P. Anomaly on Loma el Mate and Cuance Concessions - Drilling to Begin Next Week.


OTTAWA -- Everton Resources Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
 VENTURE:EVR EVR Enhanced Vapor Recovery
EVR Electronic Video Recording
EVR Equine Viral Rhinopneumonitis
EVR Extravehicular Robotics
EVR Expanded Virtual Register
EVR Exudative Vitreoretinopathy, Familial, Autosomal Dominant
EVR Eläinten Vapautus Rintama
) and its partners GlobeStar Mining Corp. and Linear Gold Corp. are pleased to announce the completion of a 28-line kilometers induced polarization Induced polarization (IP) is a geophysical imaging technique used to identify subsurface materials, such as ore. The method is similar to electrical resistivity tomography, in that an electric current is induced into the subsurface through two electrodes, and voltage is  (I.P.) geophysical program over the Las Tres Bocas target situated within its Loma el Mate and Cuance concessions, in the Dominican Republic Dominican Republic (dəmĭn`ĭkən), republic (2005 est. pop. 8,950,000), 18,700 sq mi (48,442 sq km), West Indies, on the eastern two thirds of the island of Hispaniola. The capital and largest city is Santo Domingo. .

The program was conducted to follow-up a northwest-trending soil geochemical anomaly in copper and gold covering an area of 1.5 kilometer by 200 meters, and where selected float samples on Loma el Mate returned values up to 29.4 g/t Au (press release of June 7, 2005).

A total of 14 high-priority I.P. anomalies are present and distributed equally on each of the concessions. These anomalies constitute potential targets for semi-massive to massive metallic sulphide mineralization Mineralization
The process by which the body uses minerals to build bone structure.

Mentioned in: Rickets

mineralization,
n the bioprecipitation of an inorganic substance.
 in the bedrock at relatively shallow depth, between 40 to 60 meters.

A 8 to 10 drill hole program totaling 950 meters is planned to begin next week. The drilling program will first test I.P. targets on the Cuance concession and then move to the Loma el Mate concession after.

The I.P. survey was carried out by TMC TMC Technology Marketing Corporation (Norwalk, Connecticut)
TMC Texas Medical Center (Houston, TX)
TMC Traffic Message Channel
TMC The Movie Channel
TMC Traffic Management Center
 Geophysics of Val d'Or, Quebec, using a time-domain system and a 25-meter dipole-dipole array, N equals 1 to 6. The interpretation was done by Gerard Lambert Geosciences of St-Andre-Avellin, Quebec.

Everton has the option to earn up to 70-per-cent interest from GlobeStar Mining Corp. on the Cuance concession, and up to 50-per-cent interest from Linear Gold Corp. on the Loma el Mate concession. The two concessions are adjacent.

This press release has been prepared under the supervision of Marc L'Heureux, P.Geo., vice-president exploration of Everton Resources Inc., who is acting as the qualified person for the projects.

Everton is a well-financed junior company with gold and base metal properties in James Bay, Quebec, the Dominican Republic, and Uruguay.

The TSX Venture Exchange TSX Venture Exchange

Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors.
 neither approves nor disapproves of the information contained in this News Release. The Company's Shares are listed on the TSX Venture Exchange and trade under the symbol "EVR".

Everton Resources Inc. (TSX VENTURE:EVR)
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1CANA
Date:Oct 20, 2005
Words:348
Previous Article:SBC Communications Announces Multimillion Dollar Contract to Provide Voice and Data Services to the Golden 1 Credit Union; New Contract Expands...
Next Article:O2, Manx Telecom and Lucent Technologies to Launch First Commercial 3G HSDPA Network in Europe; Lucent-Supplied HSDPA Network to Enable Manx Telecom...
Topics:



Related Articles
Caledonia Mining Corporation: 2002 Financial Results and General Update.
GlobeStar and Everton Announce a New Copper Porphyry Discovery at Dona Loretta; First Drilling Reports 93 m. Grading 0.6% Copper Including 15 m....
Everton Begins Exploration Work on the Jobo Claro Concession, and Appoints a Manager for the Dominican Republic.
Everton Announces the Granting of New Polymetallic Concessions in the Dominican Republic.
African Gold Group, Inc.: Nyankumasi, Ghana: 4 Kilometre Mineralized Strike Length Identified; All Ghana And Mali Drill Samples Now In Canada For...
Everton Intersects Gold Mineralization from Drilling at the Tres Bocas Prospect, Loma El Mate Concession, Dominican Republic.
Everton to Proceed to a Second Year Option on the Opinaca Project, in James Bay, Quebec-New Assay Results Confirm the High Gold Values on the 1.7-Km...
Everton Confirms the Presence of New Gold and Multi-Element Targets on the Wildcat Project in James Bay, Quebec.
GoldQuest Reviews 2005 and Outlines Work Programs for 2006.
Everton Begins Drill Program at the Tres Bocas Prospect, Loma el Mate Concession, Dominican Republic.

Terms of use | Copyright © 2010 Farlex, Inc. | Feedback | For webmasters | Submit articles