Evrim Resources Corp.: Drilling, Geophysical and Geochemical Program Approved at Suaqui Verde
24 Juin 2013 - 2:05PM
Evrim Resources Corp. (TSX-V:EVM) ("Evrim" or the "Company") is
pleased to announce that exploration partner First Quantum Minerals
Ltd. ("First Quantum") has approved additional geophysics and
drilling on the Company's wholly owned Suaqui Verde project in
Sonora, Mexico. The Suaqui Verde project comprises 65 square
kilometres of prospective ground within the Sonora
copper-molybdenum porphyry belt, approximately 130 kilometres
southeast of Hermosillo.
"This round of exploration at Suaqui Verde follows-up on the
results of the 2012-2013 program," commented Paddy Nicol, President
and CEO of Evrim. "Specifically, exploration will focus on the area
of drill holes DHSV12016 and DHSV13017, where a new zone of
porphyry-style alteration and mineralization was discovered beneath
post-mineral cover." (announced May 30, 2013).
The exploration program at Suaqui Verde will comprise a ground
magnetics survey and grid soil geochemistry. The ground magnetics
survey will be conducted on lines spanning the basin area at a
line-spacing of 200 metres, over an area measuring approximately
4.0 kilometres by 3.0 kilometres. The magnetics and soil
geochemistry will be utilized along with the 2012-13 IP/resistivity
data and the phyllic alteration and biotite-magnetite hornfels in
holes DHSV12016 and DHSV13017 as vectors to locate one 600-metre
diamond drill hole. The total cost for the program including
contingency and taxes is estimated at US$550,000.
About the Suaqui Verde Project
The Suaqui Verde project covers approximately 65 km² of ground
located in the southern portion of the highly prospective Sonora
porphyry belt, host to the world class Cananea and La Caridad
porphyry deposits. The project covers two copper mineralized
systems: the Adriana porphyry centre on its western flank, and the
possible extension to the Suaqui Verde copper oxide resource on its
eastern margin.
Suaqui Verde is currently under option to First Quantum Minerals
Ltd. First Quantum can earn a 60% interest in the project by paying
$250,000 in cash and conducting $5 million in exploration over five
years (announced February 2011). Evrim is operator on the
project.
Qualified Person Statement
Evrim's disclosure of technical or scientific information in
this press release has been reviewed and approved by Stewart
Harris, P.Geo. Vice President, Exploration for the Company. Mr.
Harris serves as a Qualified Person under the definition of
National Instrument 43-101.
About Evrim Resources
Evrim is a mineral exploration company with a diverse portfolio
of quality gold and copper projects, and a geological database
covering Mexico and portions of southwestern United States. Evrim's
business plan is to generate exploration targets that it will
advance through option and joint venture agreements with industry
partners to create shareholder value. The projects generated to
date form a solid foundation for Evrim's execution of the joint
venture business model, which will be further enhanced by a
pipeline of new internally developed projects.
For further information on Evrim please visit
www.evrimresources.com.
On Behalf of the Board
EVRIM RESOURCES CORP.
Paddy Nicol
President & CEO
To find out more about Evrim Resources Corp., please contact
Paddy Nicol, President or Rob Duncan, VP Business Development at
604-248-8648.
Forward Looking Information
This news release includes certain statements that may be deemed
"forward looking statements". All statements in this news release,
other than statements of historical facts, that address events or
developments that Evrim Resources Corp. (the "Company") expects to
occur, are forward looking statements. Forward looking statements
are statements that are not historical facts and are generally, but
not always, identified by the words "expects", "plans",
"anticipates", "believes", "intends", "estimates", "projects",
"potential" and similar expressions, or that events or conditions
"will", "would", "may", "could" or "should" occur.
Although the Company believes the expectations expressed in such
forward looking statements are based on reasonable assumptions,
such statements are not guarantees of future performance and actual
results may differ materially from those in the forward looking
statements. Factors that could cause the actual results to differ
materially from those in forward looking statements include market
prices, exploitation and exploration successes, and continued
availability of capital and financing, and general economic, market
or business conditions. Investors are cautioned that any such
statements are not guarantees of future performance and actual
results or developments may differ materially from those projected
in the forward looking statements. Forward looking statements are
based on the beliefs, estimates and opinions of the Company's
management on the date the statements are made. Except as required
by securities laws, the Company undertakes no obligation to update
these forward looking statements in the event that management's
beliefs, estimates or opinions, or other factors, should
change.
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.
CONTACT: Evrim Resources Corp.
Paddy Nicol, President
Rob Duncan, VP Business Development
604-248-8648
Evrim Resources (TSXV:EVM)
Graphique Historique de l'Action
De Jan 2025 à Fév 2025
Evrim Resources (TSXV:EVM)
Graphique Historique de l'Action
De Fév 2024 à Fév 2025