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EVRRF Molecule Holdings Inc (PK)

0.0025
0.00 (0.00%)
07 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Molecule Holdings Inc (PK) USOTC:EVRRF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0025 0.0025 0.10 0.00 14:30:20

Everton Continues to Expand New Mineralized Zones at Ponton, New Results from Jarabacoa Project

21/03/2013 3:01pm

OTC Markets


Ottawa, March 21, 2013 — Everton
Resources Inc. (“Everton”or the “Company”) (TSX-V: EVR, Frankfurt: ERV, OTCQX:
EVRRF) is pleased to announce new results from the Ponton property in the
Dominican Republic.  Outcrop and float mineralization
uncovered in two drainages in the south-central sector of Ponton have returned
values of 1.7 g/t gold, 5.1 g/t silver, 0.17% copper, 1.42% zinc, and 0.16%
lead.  Six other samples assay are over 0.1
g/t gold.  These samples were collected
in a drainage where previous rock samples assayed over 0.5 g/t gold (see news
release dated February 13, 2013). Everton currently owns a 50% interest in
Ponton and will own a 100% interest upon the closing of its previously
announced acquisition agreement with Brigus Gold Corp. (see news release dated
October 24, 2012).



Assays for an additional
74 rock grab, float and outcrop channel samples collected along strike with
mineralized structure containing a sulfide rich hydrothermal breccias include gold
values of 1.13g/t and 1.73 g/t, and silver values of 8.4g/t and 7.3 g/t and
included lead and zinc values.



A soil grid has
been sampled covering the locations of interest and 143 samples are being
rush-assayed at Acme Labs together with an additional 33 rock samples collected
from the same areas.



Jarabacoa
Project



A
reconnaissance survey on the Jarabacoa concession (application for a 100%
interest pending granting) was conducted during February and March and resulted
in values of 6.78 g/t gold, 28.3 g/t silver and 1.64% copper, with other
anomalous values in copper and molybdenum. 
Two parallel zones of gossanous metavolcanics and thick quartz veins in
contact with foliated tonalities have been mapped over an extension of at least
4 kilometres.  These results are being
followed up by additional rock sampling and a soil grid survey is planned to
cover these mineralized zones.  The
Jarabacoa concession is adjacent to and in the same geological setting as the
“Las Animas” VMS prospect where GoldQuest Mining Corp. (“GoldQuest”) has
published a mineral resource estimate in compliance with National Instrument
43-101 (“NI 43-101”).



André Audet,
Chairman and Chief Executive Officer of Everton said, “We are encouraged by the
new results at Ponton and Jarabacoa. The results to date on these properties
show the potential for new discoveries in the mineral rich Dominican Republic.”



In other news



On February 28,
2013 the Company entered into a Royalty Purchase Agreement with Diagnos Inc. on
the Labrador Trough gold, nickel, copper and zinc properties. Everton will
acquire all of Diagnos’ rights, title and interest to the royalty on these
properties in exchange for 2,000,000 common shares and 500,000 common share
purchase options. Each option will allow the holder to purchase an additional
common share in Everton with at a $0.10 until 5 years from the date of grant.
The transaction is subject to regulatory approval.



 



Qualified Person



Hugo Dominguez,
M.Sc., C.P.G., General Manager of Everton Minera Dominicana SRL, and a
qualified person in accordance with National Instrument 43-101, is responsible
for supervising the exploration program and has reviewed and approved the
technical information contained in this news release.



About Everton Resources Inc.



Everton is
actively exploring in the Dominican Republic adjacent to the Pueblo Viejo
project, currently being mined 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 Aurizon Mines Ltd. which is advancing Everton's
interest by funding 100% of all exploration work on one of the largest land
packages adjacent to Goldcorp's Eleonore gold deposit.



For
further information on Everton Resources Inc. please visit
www.evertonresources.com or contact:



 



Andre Audet, Chairman and CEO



andre@evertonresources.com



 



Tel: 613-241-2332



Fax: 613-834-8166



 



This
news release contains certain forward-looking statements that involve risks and
uncertainties, such as statements of Everton’s plans, objectives, strategies,
expectations and intentions.  The words
“may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”,
“estimate”, “expect” and similar expressions, as they relate to Everton, or its
management, are intended to identify such forward-looking statements.  Many factors could cause Everton’s actual
results, performance or achievements to be materially different any future
results, performance or achievements that may be expressed or implied by such
forward-looking statements.  The
forward-looking statements included in this press release represent Everton’s
views as of the date of the release.  While Everton anticipates that subsequent
events and developments may cause its views to change, it specifically
disclaims any obligation to update these forward-looking statements, except in
accordance with applicable securities laws.  Accordingly, readers are advised not to place
undue reliance on forward-looking information.  All subsequent written and oral
forward-looking statements attributable to Everton or persons acting on its
behalf are expressly qualified in their entirety by this notice.



Neither
TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


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