Everton Updates Its Recent Exploration Activities in the Dominican
OTTAWA, ONTARIO -- (Marketwire) -- 01/09/13 -- Everton Resources Inc.
("Everton") (TSX VENTURE:EVR)(OTCQX:EVRRF)(FRANKFURT:ERV) is pleased
to provide an update for its exploration projects located in the
Dominican Republic ("DR").
Ampliacion Pueblo Viejo II ("APV")
The APV property is located along the western and northern boundaries
of Barrick - GoldCorp's Pueblo Viejo gold mine (Proven and Probable
Reserves of 25.3 M ounces) (refer to Barrick Gold's financial
statements for their year end December 31, 2011) which commenced gold
production on August 14, 2012. The APV property is divided into three
project areas: APV North, APV Central and APV South.
During November and December 2012 Everton carried out a detailed
sampling and mapping survey in the southern sector of the Ampliacion
Pueblo Viejo project, adjacent to the Monte Negro pit of the Pueblo
Viejo mine. The survey consisted of auger soil and rock sampling of
an area 600 x 900 metres in the target Arroyo Hondo North. It is
believed that structures controlling mineralisation in the Arroyo
Hondo I and II pits of Pueblo Viejo may extend into the APVS sector
in this area. Previous exploration on drill holes APV09-03 and
APV11-33 in this target intersected anomalous intervals of 55 metres
@ 0.25 g/t and 54 metres @ 0.29 g/t Au, including 43.5 m @ 0.18% Cu.
A total of 140 auger soils and rock samples were collected. Of these,
80 samples were scanned with a Niton XRF (X-ray fluorescence)
analyzer and 60 samples were sent for ICP-MS assaying at Acme
Laboratories. The gold values are clustered over an area of outcrop
of breccia of possible hydrothermal origin. Elevated values of Cu and
Mo also occur associated with Au over the breccia.
Everton plans to follow up on these results with a close spaced
diamond drilling program and a deep penetration ground IP survey
aimed to locating and defining any possible structurally controlled
mineralisation in this sector.
APV Figure 1
The Pun-Ponton property, which covers 6,725 ha, is situated in the
south central region of the Dominican Republic approximately 20 km
east of the Pueblo Viejo mine. It includes the mineral prospects of
Majagual Hill, Copey Hill a
nd Los Cumanies-Granadillo (Cumani).
Majagual Hill has characteristics of porphyry Cu-Au-Mo
mineralization, Copey Hill epithermal, high-sulphidation Au
mineralization, and Cumani volcanogenic massive sulphide (VMS)
Since 2007, Everton has conducted a regional exploration program over
the property including active stream sediments, soils and rock
geochemistry, trenching and pit excavation and geologic mapping. No
geophysical surveys have been completed on this property.
The 2011 and 2012 exploration program results define several
multi-element anomalies associated with the mineral occurrences.
Extensive surface hydrothermal alteration has also been mapped in the
areas of the geochemical anomalies. The anomalies are principally
associations of Cu-Au-Mo on Majagual Hill, Au-Ag-Cu on Copey and
Cu-Zn-Au- Ag on Cumanies-Granadillo. Maximum values recorded in rock
samples from these areas are 4 g/t Au, 29.8 g/t Ag, 0.63% Cu and
0.67% Zn and anomalous concentrations of Mo (136 ppm) and Pb (0.12%)
(Figure 2A) (Figure 2B)
Four trenches and one hand-dug pit have been excavated on the
Majagual Hill target on the site of the best gold and copper values
in soils. The pit averaged 0.3 g/t Au over 15 m and a maximum value
of 1.7 g/t over a 1 m interval. On the Cumanies-Granadillo target,
three trenches were excavated with anomalous Cu values.
Geologic mapping and PIMA (portable infrared electromagnetic
spectrometer) and XRD (X-ray diffraction) alteration mineral mapping
define a zoning of alteration patterns from propylitic to phyllic and
advanced argillic - potassic alterations over Majagual Hill. Textural
breccias mapped in outcrop show remarkable similarity to breccias in
high sulphidation epithermal systems. Two regional structural
orientations have been mapped: 1) A NW-SE regional fault system
parallel to the regional corridor generated during the formation of
the island arc, and 2) A set of NE-SW faults (transfer structures).
These second structures are syngenetic with N-S lineaments. The
conceptual model of these structures is orthogonal convergence. Key
elements (Au-Ag-As-Hg-Sb-B-Bi-Mo) are grouped along regional
orthogonal structures. The association of these elements with an
advance argillic alteration zone or transitional to potassic
alteration zone delineate the centre of a hydrothermal (mineralized)
Everton plans to follow up on these results with extensions of these
trenches, a deep penetration ground IP survey and eventually with an
exploration drilling program, once the required environmental permits
See Pun-Ponton - Technical Report
In other news, Everton announces that Viking Gold has decided to not
proceed with the option agreement to earn up to a 60% interest in two
mining concessions in the Dominican Republic.
Sampling, Assaying and Quality assurance / Quality control (QA/QC)
All sample shipments are sealed and shipped to Acme Analytical
Laboratories (R.D.) S.A. at Maimon, Dominican Republic for
preparation. Prepared samples are then sent to the Acme Analytical
Laboratories Ltd. in Vancouver for analysis. ACME is an ISO 9001:2008
qualified assayer that performs and makes available internal assaying
Hugo Dominguez, M.Sc., C.P.G., General Manager of Everton Minera
Dominicana SRL, and a qualified person in accordance with National
Instrument 43-101, is responsible for supervising the exploration
program and has reviewed and approved the technical information
contained in this news release.
About Everton Resources Inc.
Everton is actively exploring in the Dominican Republic adjacent to
the Pueblo Viejo project, currently being mined 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 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
For further information on Everton Resources Inc. please visit
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as of the date of the release. While Everton anticipates that
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specifically disclaims any obligation to update these forward-looking
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Chairman and CEO
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