Everton Resources Inc. provided an update for its exploration projects located in the Dominican Republic. The APV property is located along the western and northern boundaries of Barrick - GoldCorp's Pueblo Viejo gold mine which commenced gold production on August 14, 2012. The APV property is divided into three project areas: APV North, APV Central and APV South. During November and December 2012 Everton carried out a detailed sampling and mapping survey in the southern sector of the Ampliacion Pueblo Viejo project, adjacent to the Monte Negro pit of the Pueblo Viejo mine. The survey consisted of auger soil and rock sampling of an area 600 x 900 metres in the target Arroyo Hondo North. It is believed that structures controlling mineralisation in the Arroyo Hondo I and II pits of Pueblo Viejo may extend into the APVS sector in this area. Previous exploration on drill holes APV09-03 and APV11-33 in this target intersected anomalous intervals of 55 metres @ 0.25 g/t and 54 metres @ 0.29 g/t Au, including 43.5 m @ 0.18% Cu.
A total of 140 auger soils and rock samples were collected. Of these, 80 samples were scanned with a Niton XRF analyzer and 60 samples were sent for ICP-MS assaying at Acme Laboratories. The Pun-Ponton property, which covers 6,725 ha, is situated in the south central region of the Dominican Republic approximately 20 km east of the Pueblo Viejo mine. It includes the mineral prospects of Majagual Hill, Copey Hill and Los Cumanies-Granadillo. Majagual Hill has characteristics of porphyry Cu-Au-Mo mineralization, Copey Hill epithermal, high-sulphidation Au mineralization, and Cumani volcanogenic massive sulphide polymetalic mineralization. The 2011 and 2012 exploration program results define several multi-element anomalies associated with the mineral occurrences. Extensive surface hydrothermal alteration has also been mapped in the areas of the geochemical anomalies. The anomalies are principally associations of Cu-Au-Mo on Majagual Hill, Au-Ag-Cu on Copey and Cu-Zn-Au-Ag on Cumanies-Granadillo. Maximum values recorded in rock samples from these areas are 4 g/t Au, 29.8 g/t Ag, 0.63% Cu and 0.67% Zn and anomalous concentrations of Mo and Pb.