(TheNewswire)
Ottawa, Ontario / TheNewswire / June 19, 2017 -- Everton Resources Inc. ("Everton" or the "Corporation") (TSX-V:EVR) is pleased to announce that Hecla Mining Company ("Hecla") (NYSE-HL) has commenced a 2,500-metre diamond drilling program on the Opinaca B Gold Property held by Everton and its partner Azimut Exploration Inc. (TSXV: AZM).
The aim of the 7-hole drilling program is to test two targets with strong gold discovery potential: the Dominic area and the Fishhook structure. Hecla greatly improved the definition of these targets during the 2016 program, which included a detailed interpretation of previous magnetic data and comprehensive field work (see press release dated January 23, 2017).
The Opinaca B Property, comprising 248 claims covering 129.7 km2, is situated in a highly prospective part of the Eleonore mining camp where significant drilling results have been recently released for the Eleonore South Property (Azimut-Goldcorp-Eastmain JV) and the Cheechoo Property (Sirios Resources) (see attached figure).
Hecla has the option to acquire a 50% interest in the Opinaca B Property by incurring $6 million in exploration work. This expenditure should be complete by November 2017. Following this first option, Hecla was granted a second option according to the terms disclosed in Azimut's press releases of September 16, 2010 and April 21, 2016.
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 an exploration company with concessions 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 which is advancing Everton's interest in the Opinaca B project by funding 100% of all exploration work on one of the largest land packages adjacent to Goldcorp's Eleonore gold deposit. Everton also owns two other properties: the Blue Sky Jackpot lithium property in Ontario and the Detour Lake gold property in Quebec.
For further information on Everton Resources Inc., please visit: www.evertonresources.com
Everton Resources Inc.
Andre Audet
Chairman and CEO
Tel.: 613-241-2332
Fax: 613-422-0773
andre@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.
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