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) |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion