Evrim Starts Exploration in the Trans Mexican Volcanic Belt

Evrim Resources Corp. (TSX VENTURE:EVM) is pleased to announce the commencement
of exploration work in the Trans Mexican Volcanic Belt ("TMVB") in Mexico. The
program is being jointly operated and funded by Evrim and regional exploration
partner Newmont Ventures Limited ("Newmont").


A systematic exploration program has been designed to define prospective
exploration targets and areas within the TMVB. The backbone of the program will
be the collection of stream sediment samples utilizing Newmont's proprietary
bulk leach extractable gold (BLEG) analysis that can quickly and reliably assess
large tracts of ground. BLEG is a proven geochemical method that analyses the
cyanide extractable gold in sediment samples. The technique utilizes large
sample weights that allow for better sampling statistics with low detection
limits, making BLEG a useful method for reconnaissance gold exploration. This
initial phase of the program is expected to continue into the third quarter of
2012. 


"Evrim continues to create value by leveraging the technical and financial
strength of its partnerships to generate quality exploration opportunities with
the chance for discovery. Cost effective exploration initiatives such as our
work in the TMVB not only benefit Evrim's shareholders but our exploration
partners as well," stated Paddy Nicol, President and CEO of Evrim.


About the Trans Mexican Volcanic Belt

A major characteristic of the TMVB is the extensive Neogene to Quaternary
volcanism, which includes the active Colima, and Popocatepetl stratovolcanoes.
Examples of low and high sulphidation, porphyry, breccia related and hot springs
types of mineralization all occur within the TMVB. Rocks of the TMVB have been
deposited onto a complex basement that include southward extensions of the older
Sierra Madre volcanic province, the Mesa Central, and the Sierra Madre Oriental
fold and thrust belts. These older rocks are exposed locally in erosional or
non-depositional windows within the volcanic rocks of the TMVB and can include
gold and silver veins, VMS deposits, and intrusive-centered polymetallic
districts. Younger rocks of the TMVB host active geothermal systems and numerous
areas of high-level clay and silica alteration with associated epithermal
mineralization that are also prospective exploration targets. 


About the Regional Exploration Initiative

Under the terms of a regional exploration agreement announced January 16, 2012,
Evrim and Newmont will conduct generative exploration programs within study
areas in the TMVB in Mexico. The program will focus on identifying gold, silver,
and gold-copper porphyry targets using Evrim's generative capabilities in Mexico
and Newmont's proprietary bulk leach extractable gold analysis. Evrim and
Newmont will fund the exploration program to a maximum of $250,000 US each.
Projects that are acquired within the study areas will be 100% owned by Evrim,
subject to a 1.5% Net Smelter Royalty and a five-year Right of First Offer to
Newmont. 


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

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.

Evrim Resources (TSXV:EVM)
過去株価チャート
から 1 2025 まで 2 2025