Welcome!

News Feed Item

Everton Exploration Update: Hecla Mining Starts $800,000 Exploration Program in James Bay, Quebec

OTTAWA, ONTARIO -- (Marketwired) -- 06/26/14 -- Everton Resources Inc. ("Everton" or the "Company") (TSX VENTURE:EVR)(FRANKFURT:ERV) is actively exploring for precious metals in both Canada and the Dominican Republic and is pleased to report on the results of winter drilling and exploration plans for 2014.

Quebec

Hecla Quebec Inc. ("Hecla"), a wholly owned subsidiary of Hecla Mining Company, has advised Everton that it has completed its previously announced (February 27, 2014) winter drill program on the Wildcat 1 property. The Wildcat property is a strategically- located assemblage of claims partially surrounding the Goldcorp's Eleonore mine, which is currently under construction. Hecla has the option to earn up to a 65% interest in the property.

The drill program tested one isolated gold-in-till anomaly exploration target within the Wildcat 1 claim blocks. The target was supported by a 500 metre-wide gold-in-till anomaly coincident with a gold-arsenic anomaly in soil. Although no significant drill assays were encountered in this program, the three holes drilled initiated the investigation of this area entirely covered by overburden.

Hecla has advised that it plans to undertake detailed ground work, on the Wildcat property, this summer with a budget in the order of $800,000. The program will include infill sampling in the areas of the winter drilling as well as other targets where the results were promising. The sampling will be done to better define exploration vectors and allow the delineation of targets that could be the basis of a drill program later this year.

Dominican Republic

Everton completed a diamond core drill program at the Ampliacion Pueblo Viejo property. A total of 2,525 metres were drilled in 10 holes. All of the holes except hole #4 achieved the intended depths. The holes were planned to test potential structures and associated mineralization interpreted from previous drill campaigns, ground and airborne geophysics, soils and rock geochemistry and geological mapping.

Although the drilling did not include results that could be considered potential high grade mineralization, several intervals of anomalous gold, copper, silver and pathfinder elements were encountered. The maximum gold value encountered was 0.93 g/t over an interval of 1.52 metres in holes 14-01 and 03. Other gold assays are in the range of 0.52 g/t to 0.61 g/t (3 intercepts) over interval lengths of 1.04 to 1.52 metres. Silver assays in the range of 5.5 g/t to 22 g/t over intervals of 0.99 to 2.96 metres and copper assays in the range of 1.18% to 2.05% over intervals of 0.55 to 1.13 metres in hole 14- 04. A total of 1,844 samples were collected and assayed at Acme Laboratories ("Acme").

The samples were prepared at the Acme facilities in Maimon, Dominican Republic and sent to Acme in Vancouver, British Columbia, for assaying. The assay preparation is the standard Acme for rocks R200, and assayed by Aqua regia digestion followed by ICP/MS (Acme assay code AQ200). Certified standards and blanks were inserted in the sample stream, as well as duplicates and un-mineralized limestone samples for QA/QC control.

On the Ponton concession (100% Everton) in the Dominican Republic, planning is underway for line cutting and an Induced Polarization ("IP") survey to be conducted. This work will commence upon receipt of permitting. It is hoped that the geophysics will be completed and evaluated this summer and will be used to define targets for a drill program later this year. Previous work on the concession by Everton has identified interesting gold mineralization in soil anomalies within the area to be surveyed with IP. These surficial anomalies will be targeted by the proposed drill program.

Everton recently announced (April 1, 2014) the successful acquisition of options on six mining concessions in the Dominican Republic that are described in the news release dated October 25, 2013. Everton is currently compiling information related to these concessions and formulating plans to advance these strategic properties.

The technical information on the Dominican Republic in this news release has been reviewed and approved by Mr. Hugo Dominguez, C.P.G., who acts as Everton's Qualified Person, as defined under National Instrument 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 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 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.

For further information on Everton Resources Inc., please visit www.evertonresources.com

This news release contains certain forward-looking statements that involve risks and uncertainties, such as statements of Everton's plans, objectives, strategies, expectations and intentions. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to Everton, or its management, are intended to identify such forward-looking statements. Many factors could cause Everton's actual results, performance or achievements to be materially different any future results, performance or achievements that may be expressed or implied by such forward-looking statements. The forward-looking statements included in this press release represent Everton's views as of the date of the release. While Everton anticipates that subsequent events and developments may cause its views to change, it specifically disclaims any obligation to update these forward- looking statements, except in accordance with applicable securities laws. Accordingly, readers are advised not to place undue reliance on forward-looking information. All subsequent written and oral forward-looking statements attributable to Everton or persons acting on its behalf are expressly qualified in their entirety by this notice.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

More Stories By 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.

Latest Stories
Continuous testing helps bridge the gap between developing quickly and maintaining high quality products. But to implement continuous testing, CTOs must take a strategic approach to building a testing infrastructure and toolset that empowers their team to move fast. Download our guide to laying the groundwork for a scalable continuous testing strategy.
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
CenturyLink has announced that application server solutions from GENBAND are now available as part of CenturyLink’s Networx contracts. The General Services Administration (GSA)’s Networx program includes the largest telecommunications contract vehicles ever awarded by the federal government. CenturyLink recently secured an extension through spring 2020 of its offerings available to federal government agencies via GSA’s Networx Universal and Enterprise contracts. GENBAND’s EXPERiUS™ Application...
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Big Data engines are powering a lot of service businesses right now. Data is collected from users from wearable technologies, web behaviors, purchase behavior as well as several arbitrary data points we’d never think of. The demand for faster and bigger engines to crunch and serve up the data to services is growing exponentially. You see a LOT of correlation between “Cloud” and “Big Data” but on Big Data and “Hybrid,” where hybrid hosting is the sanest approach to the Big Data Infrastructure pro...
In his session at 18th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., and Logan Best, Infrastructure & Network Engineer at Webair, focused on real world deployments of DDoS mitigation strategies in every layer of the network. He gave an overview of methods to prevent these attacks and best practices on how to provide protection in complex cloud platforms. He also outlined what we have found in our experience managing and running thousands of Linux and Unix ...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
We all know the latest numbers: Gartner, Inc. forecasts that 6.4 billion connected things will be in use worldwide in 2016, up 30 percent from last year, and will reach 20.8 billion by 2020. We're rapidly approaching a data production of 40 zettabytes a day – more than we can every physically store, and exabytes and yottabytes are just around the corner. For many that’s a good sign, as data has been proven to equal money – IF it’s ingested, integrated, and analyzed fast enough. Without real-ti...
"We view the cloud not really as a specific technology but as a way of doing business and that way of doing business is transforming the way software, infrastructure and services are being delivered to business," explained Matthew Rosen, CEO and Director at Fusion, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
"Software-defined storage is a big problem in this industry because so many people have different definitions as they see fit to use it," stated Peter McCallum, VP of Datacenter Solutions at FalconStor Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
With 15% of enterprises adopting a hybrid IT strategy, you need to set a plan to integrate hybrid cloud throughout your infrastructure. In his session at 18th Cloud Expo, Steven Dreher, Director of Solutions Architecture at Green House Data, discussed how to plan for shifting resource requirements, overcome challenges, and implement hybrid IT alongside your existing data center assets. Highlights included anticipating workload, cost and resource calculations, integrating services on both sides...
In his session at @DevOpsSummit at 19th Cloud Expo, Yoseph Reuveni, Director of Software Engineering at Jet.com, will discuss Jet.com's journey into containerizing Microsoft-based technologies like C# and F# into Docker. He will talk about lessons learned and challenges faced, the Mono framework tryout and how they deployed everything into Azure cloud. Yoseph Reuveni is a technology leader with unique experience developing and running high throughput (over 1M tps) distributed systems with extre...
"We are a well-established player in the application life cycle management market and we also have a very strong version control product," stated Flint Brenton, CEO of CollabNet,, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.