Everton and Linear Discover High Grade Polymetallic Massive Sulfides at the Loma El Mate Concession, Dominican Republic
OTTAWA, ONTARIO--- May 17, 2006) - Everton Resources Inc. (EVR) and its partner Linear Gold Corp. (LRR) are pleased to announce that they have cut a 10.58-metre intercept, grading 2.96 gram per tonne gold, 104.91 grams per tonne silver, 2.03% copper and 9.41% zinc, and a 4.57-metre intercept in another hole, grading 1.36 grams per tonne gold, 120.0 grams per tonne silver, 0.75% copper and 8.05% zinc at the Las Tres Bocas target, on the Loma el Mate concession in central Dominican Republic. These intersections include higher-grade sections as presented in the table below.
Andre Audet, Chairman and CEO of Everton, says: "We are very excited about this new VMS discovery in the Dominican Republic. This confirms the huge mineral potential of this country and maybe the making of an emerging polymetallic camp."
The 10-hole drilling program that was completed on April 28 was designed to follow-up the 3-hole program carried out in November 2005. The objective of the follow-up program was to test the continuity of a massive sulfide intercept and to test a number of Induced Polarization geophysical anomalies.
Hole TBM-07 was collared approximately 100 metres SE of hole TBM-02, where a 0.4 metres intersection of 1.3 grams per tonne gold, 106 grams per tonne silver, 2.47% copper and 1.35% zinc was cut during fall 2005 (press release of Jan. 17, 2006). Hole TBM-07 intercepted an 11 metre interval of massive pyrite-chalcopyrite-sphalerite mineralization (greater than75% coarse-grained sulfides). The volcanogenic massive sulfide (VMS) intercept occurs above a thick interval of strong altered and mineralized section of quartz-sericitic schist, similar to the one observed in hole TBM-02. A 5.32-metre interval of mineralized rock at the basal contact of the VMS intercept in hole TBM-07 returned poor recovery due to drilling technical difficulties and is omitted from the average grade calculations. Assays are listed in the table below:
DHole From To Interval Grams per Grams per Copper Zinc
(metres) tonne tonne % %
Gold Silver
TBM-07 20.20 30.78 10.58 2.96 104.91 2.03 9.41
incl. 20.20 23.60 3.40 5.38 109.00 2.60 13.40
incl. 25.91 30.78 4.87 2.59 148.80 2.51 10.98
TBM-07 30.78 36.10 5.32 Poor Poor 0.18 5.95
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