Drilling Begins at Evrim's Suaqui Verde Copper Project
07 Settembre 2011 - 2:00PM
Marketwired
Evrim Resources Corp. (TSX VENTURE: EVM) ("Evrim" or the "Company")
is pleased to announce that drill crews have mobilized to the
Suaqui Verde copper project in Sonora, Mexico. Evrim's exploration
funding partner, Inmet Mining Corporation, has planned to drill 12
holes totaling 4,700 metres.
Paddy Nicol, President of Evrim stated, "The drill program at
Suaqui Verde is the result of a series of geochemical, geological
mapping, and geophysical studies that took place over the past
seven months. We're excited to move forward with Evrim's first
drill campaign."
Drilling at Suaqui Verde will focus on magnetic and ZTEM
geophysical targets at the Adriana showing where surface mapping,
sampling and historic drilling has defined an exposed copper -
molybdenum mineralized porphyry system characterized by alteration
over a two by three kilometre area before being obscured by post
mineral gravels and cover rocks within a fault bound basin.
Historic drilling within the Adriana target area has only tested
the outermost margins of the system, and above the core of the ZTEM
target, returning moderate intervals of strongly anomalous copper
+/- molybdenum +/- gold mineralization. Additional drilling will
test targets beneath post mineral gravels and cover rocks within
the basin that exhibit a similar magnetic and ZTEM signature to
mineralization exposed at Adriana. Please visit our news section at
www.evrimresources.com for maps of the Suaqui Verde area and drill
program.
Evrim will be the operator for the drill program.
About the Suaqui Verde Property
The Suaqui Verde copper project covers 63 km2 of ground located
in the southern portion of a highly prospective belt of porphyry
copper deposits ranging from Sonora, Mexico through to central
Arizona. The belt hosts numerous mines, including the Cananea
Copper Mine (7.1 billion tons @ 0.42% copper)(i) in Sonora and the
Morenci Copper Mine (4.7 billion tons @ 0.27% copper)(i) in central
Arizona. This copper trend accounts for the second largest
concentration of porphyry copper deposits in the world where mining
for copper has been continuous for over 100 years. ((i) non-43-101
compliant resources)
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
The content of this release has been reviewed by David Hladky,
P.Geo.,General Manager, Exploration for the Company. Mr. Hladky is
a Qualified Person as defined under the terms of National
Instrument 43-101.
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.
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.
Contacts: Evrim Resources Corp. Paddy Nicol President & CEO
604-248-8648 604-646-4622 (FAX) Evrim Resources Corp. Rory
Kutluoglu VP Business Development 604-248-8648 604-646-4622 (FAX)
www.evrimresources.com
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