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home / news releases / evergold secures option on high potential drill read


EVER - Evergold secures option on high-potential drill-ready gold-silver project in British Columbia

(NewsDirect)

Evergold Corp CEO Kevin Keough joinedProactive's Stephen Gunnion with details of an option agreement toacquire a 100% interest in the DEA gold-silver property in BritishColumbia.

Keough told Proactive themove comes after months of seeking a property with high discoverypotential and ticks all the boxes for Evergold, including exceptionalgeochemistry linked to strong induced polarization geophysicsresponses. It also remains untouched by drilling, making it anattractive prospect, with the property's road access and locationin British Columbia adding to its appeal.

Keough said the strategic acquisition complements Evergold'sexisting portfolio by providing a readily drillable asset, which isessential as some of the company's other assets face access andfinancial constraints.

Oncefinancing is secured, the work program - contingent on 43-101technical report results - will determine the drilling timeline. Hesaid the acquisition reflects Evergold's commitment to maximizingshareholder value through targeted exploration.

With an eye onsuccess in the coming year, this move positions Evergold forsignificant growth in the mining sector.

ContactDetails

Proactive Investors Canada

+1604-688-8158

na-editorial@proactiveinvestors.com

Copyright (c) 2023 TheNewswire - All rights reserved.

Stock Information

Company Name: EverQuote Inc.
Stock Symbol: EVER
Market: NASDAQ
Website: everquote.com

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