Everton Announces Hecla Quebec Will Start a Diamond Drilling Program on the Opinaca A Gold Property, James Bay Region
February 13, 2014 (Source: Marketwired) — Everton Resources Inc. (“Everton” or the “Company“) (TSX VENTURE:EVR)(FRANKFURT:ERV)(OTCQX:EVRRF) is pleased to report that Hecla Quebec Inc. (“Hecla”), a wholly owned subsidiary of Hecla Mining Company, will start a 5-hole diamond drilling program totalling 1,200 metres on the Opinaca A property, adjacent to Goldcorp’s Eleonore gold mine in James Bay region of Quebec.
The drilling program will test the Smiley target where a major gold anomaly in glacial sediments (till), associated with a gold-arsenic anomaly in soil, has been outlined by previous surveys. Located 8 km northeast of the Eleonore mine, this 1-km-long target is associated with an E-W trending deformation corridor at the intersection with other subsidiary structures.
In 2014, Hecla intends to spend $350,000 on the Opinaca A & B properties, including $205,000 for this drilling program. Hecla has the option to earn up to a 60% interest in the properties from Azimut Exploration Inc. and Everton, each company currently owning a 50% interest in the properties.
This press release was prepared by geologist Jean-Marc Lulin acting as Azimut’s Qualified Person under NI 43-101.
About Everton Resources Inc.
Everton is actively exploring in the Dominican Republic adjacent to the Pueblo Viejo Mine, owned by the world’s two largest gold mining companies, Barrick Gold Company (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 Hecla Mining Company (formerly Aurizon Mines Ltd.) which 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.
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For further information on Everton Resources Inc., please visit www.evertonresources.com.
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Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>