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Everton announces 2,500 metres of Diamond Drilling on the Opinaca B Gold Property, Eleonore Mining Camp, James Bay Region, Quebec
(via TheNewswire) Ottawa, Ontario / TheNewswire / June 19, 2017 -- Everton Resources...
About this update from Evolve Royalties Ltd.
[{"type":"text","content":"Everton announces 2,500 metres of Diamond Drilling on the Opinaca B Gold Property, Eleonore Mining Camp, James Bay Region, Quebec(via TheNewswire)\n \n \nOttawa, 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).\n\n \n \nThe 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).\n\n \n \nThe 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).\n\n \n \nHecla 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.\n\n \n \nThis press release was prepared by geologist Jean-Marc Lulin, acting as Azimut's Qualified Person under NI 43-101.\n\n \n \nAbout Everton Resources Inc.\n\n\n \nEverton 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 pro...