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Everton reports encouraging drilling results on the Opinaca B Property, Eleonore Mining Camp, James Bay Region, Quebec

(via TheNewswire) Ottawa, Ontario / TheNewswire / November 9, 2017 - Everton Resourc...

articleEvolve Royalties Ltd.November 9, 20175/company/evolve-royalties-ltd/news/everton-reports-encouraging-drilling-results-on-the-opinaca-b-property-eleonore-mining-camp-james-bay-region-quebec
Everton reports encouraging drilling results on the Opinaca B Property, Eleonore Mining Camp, James Bay Region, Quebec

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[{"type":"text","content":"Everton reports encouraging drilling results on the Opinaca B Property, Eleonore Mining Camp, James Bay Region, Quebec(via TheNewswire)\n\n \nOttawa, Ontario / TheNewswire / November 9, 2017 - Everton Resources Inc. (\"Everton\" or the \"Corporation\") (TSX-V:EVR) is pleased to report that Hecla Mining Company (\"Hecla\") (NYSE-HL) has obtained encouraging results following a 2,945-metre diamond drilling program on the Opinaca B Property held by Everton and its partner Azimut Exploration Inc. (\"Azimut\") (TSXV: AZM). Best result is 0.61 g/t Au over 30.7 m (starting in mineralization), including 2.38 g/t Au over 2.0 m and 3.21 g/t Au over 1.7 m in hole OP-17-51 (see attached figure). A follow-up work program including mechanized trenching is planned in 2018.\n\n\n \nThe drilling campaign comprised 12 holes for a total of 2,945 metres of drilling on the following targets: Dominic (4 holes), Fishhook (4 holes), D8 (2 holes), Eric (1 hole) and the eastern extension of Claude (1 hole).\n\n\n \nThe Dominic Prospect, where the most significant results have been obtained, corresponds to a folded epidote-amphibole-quartz-feldspar vein hosted in metasediments close to a felsic intrusion. Starting in mineralization, hole OP-17-51 intersected 0.61 g/t Au over 30.7 m in a chloritic breccia, including two higher grade intervals: 2.38 g/t Au over 2.0 m and 3.21 g/t Au over 1.7 m. These results warrant additional evaluation during the next field program, including trenching.\n\n\n \nThe Fishhook Prospect is a magnetic anomaly related to an iron-rich sedimentary unit. Drill targets correspond to possible alteration zones and faulting. Hole OP-17-49 returned 1.06 g/t Au over 1.5 m related to a fault zone.\n\n\n \nThe D8 Prospect corresponds to an arsenopyrite-tourmaline-rich shear zone (0.55 g/t Au over 4.0 m in previous trenching) and to amphibolite-hosted quartz veins (2.3 g/t Au over 1.0 m). No significant values were obtained in the two holes. At Eric and the eastern extension of Claude, only marginal values were obtained in the two holes. \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 results have been recently released for the Eleonore South Property (Azimut-Goldcorp-Eastmain JV). Hecla has the option to acquire a 50% interest...

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