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Everton's JV Partner, Azimut, Reappraises the Gold Potential of the Opinaca A Property, Eleonore Mining Camp, James Bay Region, Quebec
(via TheNewswire) Ottawa, Ontario / TheNewswire / July 6, 2017 - Everton Resources I...
About this update from Evolve Royalties Ltd.
[{"type":"text","content":"Everton's JV Partner, Azimut, Reappraises the Gold Potential of the Opinaca A Property, Eleonore Mining Camp, James Bay Region, Quebec(via TheNewswire)\n \n \nOttawa, Ontario / TheNewswire / July 6, 2017 - Everton Resources Inc. (\"Everton\" or the \"Corporation\") (TSX-V:EVR) is pleased to announce that its JV Partner Azimut has reassessed the gold potential of its Opinaca A Property based on previous exploration work and new regional information. Two major gold prospects (Charles and Inex) are located along an inferred 20-km prospective trend defined by geophysical, geological and geochemical parameters, including gold anomalies in till. Only limited drilling has been completed so far on these prospects, and additional drilling is needed to better appraise their potential. Figures 1 to 3 (see attached) show the Property's magnetic footprint and a compilation of salient exploration results to date.\n\n \n \nThe Opinaca A Property is adjacent to Goldcorp's Eleonore mine property, just 3.4 km north of the Eleonore deposit. Opinaca A comprises 247 claims covering 128.7 km2 and is jointly held by Everton and its partner Azimut Exploration Inc. (TSXV: AZM). Azimut is manager of the project. A new exploration program is being prepared.\n\n \n \nThe two main gold prospects on the Property are described as follows:\n\n \n \nThe Charles Prospect is a 1-km-long gold prospect hosted in biotite-rich paragneiss with quartz veins and up to 15% sulphides (pyrite, pyrrhotite), marked by several high-grade grab samples (up to 42.34 g/t Au). Detailed mapping and sampling is planned to further define drill targets. \n\n \n \nThe Inex Prospect is a 1.7-km-long gold prospect associated with a garnet-biotite-amphibole-silica-rich rock hosted in paragneiss. Gold is free or associated with pyrite and pyrrhotite. The best grade among the numerous mineralized grab samples is 50.9 g/t Au. As for the Charles Prospect, additional mapping and sampling is also planned for this prospect prior to drilling.\n\n \n \nFor both prospects, the surface sampling data correlate well with drilling data to define a gold-mineralized corridor measuring 50 to 100 m wide at each location (frequent values of >0.1 g/t Au).\n\n \n \nThe current reappraisal focuses on a 20-km-long prospective area that potentially links the Charles and Inex prospects. This underexplored sect...