EVERETT RESOURCES LTD. ANNOUNCES PROPERTY ACQUISITION - STEWART MINING CAMP

Sep. 22, 2009 (TheNewswire.ca) --

Vancouver, B.C. - (September 22, 2009 - TSX-V: EAR) Everett Resources Ltd. (TSXV:EAR) ("Everett") is pleased to announce that it has entered into an agreement with Blair Naughty (the "Vendor") dated September 21, 2009 (the "Agreement") whereby the Vendor has granted Everett an option to acquire a 100% interest in two claim blocks comprising a total of 1,000 hectares located in the Stewart mining camp (the "Property") in the vicinity of the new Montrose Gold discovery announced by Decade Resources Ltd. (OOTC:DECXF) (TSXV:DEC) (TSX-V: DEC) on its Red Cliff property.

Pursuant to the terms of the Agreement, to earn its option, Everett must pay the Vendor $15,000 in cash, issue a total of 2,000,000 shares in the capital of the Company over six months and incur a total of $225,000 in expenditures on the Property, $25,000 on or before July 1, 2010 with the balance on or before December 1, 2010. The Vendor has retained a 3% net smelter return royalty of which Everett can buy-down 1% through the payment of $1,000,000 in cash or shares to the Vendor prior to commercial production. A finder's fee in cash and securities may be payable with respect to the acquisition.

The Property is located southeast of the discoveries made by Decade Resources Ltd. and in the area of the holdings of Auramex Resource Corp. (TSXV:AUX) (TSX-V: AUX) and cover an historic B.C. Geological Survey Minfile gold showing. The Willoughby Creek showing is a placer gold (OOTC:PGCR) occurrence previously identified on the Property for which the gold source is documented as never having been located. Decade Resources Ltd. recently announced drilling results of 7.3 grams per ton of gold across 28.3 metres and 5.78 grams per ton across 28.4 metres (DEC September 14, 2009 news release) and 7.5 grams per ton gold across 32.5 metres (DEC September 3, 2009 news release).

Located in the area of Stewart in north western British Columbia, the Stewart mining camp hosts significant gold mineralization in several structurally controlled, sulphide-replacement zones occurring within a well-mineralized trend of the Hazelton group volcanic rocks common to the Stewart-Iskut-Eskay Creek gold district. The Jurassic Hazelton group in this area is the main host for significant precious and base metal deposits including the Silbak Premier, the Big Missouri, the Silver Coin, the Sulphurets, the Red Mountain and the Eskay Creek deposits.

The acquisition is subject to the acceptance for filing by the TSX Venture Exchange.

EVERETT RESOURCES LTD.

Per: "Michael Waggett"

Michael Waggett, President

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