Aug 31 2016
Everton Resources Inc. is pleased to announce that it has contracted Prospectair Geosurveys Inc. for a detailed helicopter-borne magnetic and Time Domain electromagnetic survey of its 100% owned Detour Lake Gold project in Quebec. The 136 claims cover 7,437 hectares (74.37 square kilometres). The Detour Gold Quebec project area is a highly prospective area for gold deposits associated with the Sunday Lake and Lower Detour deformation zones. It is mostly known for hosting the Detour Lake mine, which has a gold reserve measured over 15.5 million ounces (reference: Detour Lake 2014 National Instrument 43-101 technical report), and the Casa Berardi mine.
The claims were acquired using Diagnos Inc.'s property computer-aided resource detection system (CARDS) to target the gold potential in the Detour Lake area of Quebec. The CARDS technology uses powerful pattern recognition algorithms to analyze digitally compiled exploration data and identifies precise areas (gold targets) with, geological, topography and geophysical signatures similar to areas of know mineralization. Based on analysis and on known lithology and structural geology in the region, over six high-priority gold targets were identified and staked. One of these priority gold targets is located 16 kilometres north of the Casa Berardi mine and overlaps the road.
The survey is expected to be completed by early September. Once the survey is completed, Joel Dubé, Eng., a consultant specialized in geophysics will generate anomalies and targets for follow up prospecting and potential drilling. These results should be available by mid-September.
The technical content of this release was reviewed by Remi Charbonneau, P.Geo., a qualified person as defined by the National Instrument 43-101.