EVM Evrim Resources Corporation

Evrim Resources Corp. (TSX VENTURE:EVM) ("Evrim" or the "Company") is pleased to
announce that geological work has commenced under an agreement with Callinan
Royalties Corporation (TSX VENTURE:CAA) ("Callinan") for a four year, C$1.5
million regional exploration alliance (the "Alliance") in Mexico. The Alliance
will initially focus on generating gold and silver targets within a 40,000
square kilometre area of interest (AOI). Callinan has already provided the
initial funding of C$500,000 for the first year of exploration. 


Callinan will provide annual funding to the Alliance and Evrim will conduct
generative exploration within the AOI to stake and acquire new projects (the
"Projects") and develop the Projects for joint venture purposes. Projects
acquired within the AOI during the term of the Alliance will be 100% owned by
Evrim and subject to a 1.5% Net Smelter Royalty (NSR) in the case of precious
metals and a 1.0% NSR in the case of base metals and other minerals to Callinan.
Evrim will grant to Callinan a Right of First Offer on the sale of any royalties
owned by Evrim on Alliance properties.


The initial phase of the program will consist of compilation of geological and
land tenure data within the AOI to identify high-priority targets. The second
phase will be to conduct field examination of available targets including
surface geochemical sampling and geological mapping and prospecting. 


"We are excited to start project generation in another geological terrane in
Mexico," commented Paddy Nicol, President and CEO of Evrim. "Evrim's regional
and local expertise will provide the Alliance with a head start in identifying
new opportunities for new and existing exploration partners. Moreover, it will
provide Callinan the potential for the creation of a new portfolio of precious
and base metal royalties for its shareholders."


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.

About Callinan Royalties

Callinan Royalties is a Canadian company that creates and acquires mineral
royalties. The company uses its royalty income to provide alternative financing
options to mineral exploration and development companies with attractive
projects. Callinan's strategy is to create shareholder value over the long term
by generating a portfolio of profitable mineral royalties.


The Corporation currently has two producing royalties. Callinan holds a 6 2/3%
net profits interest royalty and a $0.25 per ton royalty on lands that include
the 777 Mine owned by HudBay Minerals Inc. located in Flin Flon, Manitoba,
Canada as well as the adjacent 777 North Mine scheduled for production in 2012.
Callinan also holds the 777 Deeps (War Baby) property and an associated royalty
option on the property, which is located adjacent to the 777 Mine. 


Callinan is a dividend paying Tier 1 company listed on the TSX Venture Exchange
under the symbol CAA. The Corporation has a strong financial position with no
debt, approximately $30 million in cash and approximately 48.2 million shares
outstanding.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Evrim Resources Corp.
Paddy Nicol
President & CEO
604-248-8648
604-248-8663 (FAX)


Evrim Resources Corp.
Rob Duncan
Vice President, Business Development
604-248-8648
604-248-8663 (FAX)
www.evrimresources.com

Grafico Azioni Evrim Resources (TSXV:EVM)
Storico
Da Dic 2024 a Gen 2025

Grafico Azioni Evrim Resources (TSXV:EVM)
Storico
Da Gen 2024 a Gen 2025