Replies to post #500248 on Zeev's Turnips Patch-No Politics (ZEEV)

[dietmar w]

Good morning Dan


bought FNI.TO today


regards

Dietmar

[basserdan]

*** Gold related post (EVR.V/EVRRF) ***


Everton Resources and Linear Gold Intersect More Massive Sulphide Mineralization...

Wednesday October 11, 8:52 am ET

...at Tres Bocas, Loma El Mate Concession, Dominican Republic

OTTAWA, ONTARIO--(CCNMatthews - Oct. 11, 2006) - Everton Resources Inc. (TSX VENTURE:EVR - News) and its joint venture partner Linear Gold Corp. (TSX:LRR - News) are pleased to announce the results of the summer drilling program at the Tres Bocas target, on the Loma el Mate concession, in central Dominican Republic.
A 12-hole drill program totaling 1,064 meters was completed in late August at Tres Bocas to test the continuity and extensions of the high grade massive sulphide intercepts discovered last spring, where discovery hole TBM-07 cut 10.58 meters at 2.96 g/t gold, 104.91 g/t Ag, 2.03% copper and 9.41% zinc. The 12 step-out drill holes covered a strike length of 550 meters and were located to test soil and induced polarization (I.P.) anomalies. Drilling indicates continuity of massive sulphide mineralization over a surface area of 100 meters X 100 meters which remains open laterally and down dip. The table below presents selected data of the higher grade sections from three holes:

 
 -------------------------------------------------------------------- 
 Drill Hole    From    To   Interval   Gold   Silver   Copper   Zinc 
                             (meters)    g/t      g/t        %      % 
 -------------------------------------------------------------------- 
 TBM-19       44.20 47.24       3.04    0.13      5.4        -   1.27 
 -------------------------------------------------------------------- 
 TBM-23       40.84 41.44       0.60    0.74    35.40     0.92   1.55 
              45.72 47.85       2.13    1.24    53.00        -   8.65 
 -------------------------------------------------------------------- 
 TBM-24       36.00 44.20       8.20       -    65.40        -   4.20 
              48.76 56.39       7.63    0.19    12.61        -   3.90 
 -------------------------------------------------------------------- 
 

Drill hole TBM-19 was collared 40 meters north of discovery hole TBM-07, and cut semi-massive sulphides from 44.0 meters to 54.0 meters. The top part of the intercept returned anomalous grades over 3.04 meters.

Drill hole TBM-23, collared 41 meters south-west of discovery hole TBM-07, intercepted multiple semi-massive sulphide horizons between 40.9 meters and 59.0 meters, that contained a 2.13 meter interval of 1.24 g/t gold, 53.0 g/t silver and 8.65% zinc between 45.72 meters and 47.85 meters. A second intercept of 0.6 meters, averaging 0.74 g/t gold, 35.40 g/t silver, 0.92% copper and 1.55% zinc was returned between 40.84 meters and 41.44 meters.

Drill hole TBM-24 located 25 meters east of discovery hole TBM-07 returned 8.2 meters of semi-massive to massive sulphide mineralization, averaging 65.40 g/t silver and 4.20% zinc between 36.00 meters and 44.20 meters. Another 7.63-meter intercept of 0.19 g/t gold, 12.61 g/t silver and 3.90% zinc was cut between 48.76 meters and 56.39 meters.

The mineralization consists of semi-massive to massive pyrite-chalcopyrite-sphalerite horizons hosted at the interface between altered mafic fragmental pyroclastic rocks and quartz sericite schists. This latter unit is cut by the Hatillo fault.

To facilitate a more effective follow-up exploration program, Everton Resources and Linear Gold are currently analyzing all the drill data received from the Loma el Mate concession. This data will be analyzed by Everton Resources in conjunction with the drill results expected shortly from the recently completed drill campaign on the Cuance concession, immediately to the south, which is a joint venture between Everton Resources and Globestar Mining.

Samples were analysed by ALS Chemex Laboratory of Vancouver, B.C. for gold by 30g digestion Fire Assay - AA finish and for other metals by ICP.

This press release was prepared under the supervision of Marc L'Heureux, P.Geo., Everton's Vice- President of Exploration, who acts as the "Qualified Person" as described by NI 43-101.

Everton Resources is actively exploring in the Opinaca region of James Bay, Quebec where Everton Resources has amassed one of the largest land claims adjacent to the Eleonore gold discovery, and where Goldcorp Inc. (NYSE:GG, TSX:G) is proposing to spend several hundreds of millions of dollars developing its recent property acquisition. Everton Resources is also actively drilling in the Dominican Republic adjacent to where the world's largest gold mining company, Barrick Gold (NYSE/TSX:ABX), is partnering with Goldcorp to develop the 15 million ounce Pueblo Viejo gold deposit, one of the world's largest undeveloped gold deposits, at an estimated cost of $1.4 billion.

http://biz.yahoo.com/ccn/061011/200610110351376001.html?.v=1