Evrim Resources Corp.: Second Phase Drill Program Approved at the Suaqui Verde Property

Evrim Resources Corp. (TSX VENTURE:EVM) ("Evrim" or the "Company") is pleased to
announce that a second phase drilling and exploration program has been approved
by partner Inmet Mining Corporation ("Inmet") (TSX:IMN) at the Company's Suaqui
Verde copper-molybdenum porphyry project in Sonora, Mexico. Evrim and Inmet have
also received remaining assay results from the first phase drilling program. The
approved program is designed to test a combination of geophysical targets and
exposed surface targets within the Adriana system and the surrounding basin and
will include preliminary geological and geophysical work on the Cardelena
project, recently optioned by Inmet. 


Drill Highlights (Previously released)



--  Drill holes DHSV11003 and DHSV11004, collared within the Adriana system
    and located 1,000 metres apart, returned long intersections from surface
    of copper mineralization hosted within biotite-albite-K-feldspar altered
    (potassic alteration) granodiorite intrusive rocks. 
--  Drill hole DHSV11003 returned 402.2 metres of 0.13% copper, 0.04 g/t
    gold, 1.1 g/t silver and 0.005% molybdenum including 116.2 metres of
    0.19% copper, 0.07 g/t gold, 1.3 g/t silver and 0.006% molybdenum. 
--  Drill hole DHSV11004 returned 354.6 metres of 0.14% copper, 0.04 g/t
    gold, 1.1 g/t silver and 0.002% molybdenum including 58 metres of 0.22%
    copper, 0.06 g/t gold, 1.8 g/t silver and 0.002% molybdenum. 
--  An east-northeast corridor of anomalous copper mineralization measuring
    1,700 metres by 500 metres has now been outlined by drilling.



The Adriana system at Suaqui Verde exhibits an exposed two kilometre by four
kilometre propylitic-phyllic-potassic alteration foot print indicative of a
copper-molybdenum porphyry system before it was covered by post mineralization
basin fill. Current drilling at Adriana has focused on testing deeper parts of
the system in a series of wide step outs ranging from 500 metres to 1,300
metres. Drilling within the basin has focused on finding new porphyry centres or
extensions to the Adriana system. 


The remaining drill holes completed are DHSV11007, DSHV11008 and DHSV12009 -
DHSV12012. DHSV11009, located 840 metres north of DHSV11003, intersected
sporadic weakly anomalous copper mineralization in predominantly moderately to
strongly quartz-sericite-pyrite altered (phyllic alteration) andesite volcanic
rocks with minor monzonite intrusive rocks and quartz-tourmaline breccia. Holes
DHSV11007, DHSV11008 and DHSV12010 - DHSV12012 all successfully penetrated the
pre-mineral sequence beneath post mineral basin fill east of the Adriana system.
All holes encountered andesitic rocks with variable weak to moderate
quartz-sericite-pyrite (phyllic) alteration or epidote - chlorite (propylitic)
alteration indicative of the zonation encountered within porphyry systems.


Based on these encouraging results, Inmet has approved an exploration program
that will consist of investigation of the basin west of the Adriana system,
located on the Cardelena property, by Induced Polarization surveys and follow up
drilling at Adriana itself. This work is slated to begin in the fall of 2012.
The budget approved for this phase of drilling is approximately $1.378 million. 


A complete table of assays and collar locations along with strip logs and select
sections and plan maps is provided on Evrim's website at the following link:
http://www.evrimresources.com/s/SuaquiVerde.asp


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.


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. General Manager,
Exploration for the Company. Mr. Harris serves as a Qualified Person under the
definition of National Instrument 43-101. Quality assurance and quality control
procedures include the systematic insertion of blanks and standards into the
drill core sample string. Samples are placed in sealed bags and shipped directly
to the ALS Minerals in Hermosillo, Mexico prior to gold fire assay and ICP-AES
analysis. 


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 12 2024 まで 1 2025