News Image

Evergold Awaits New Drill Assays from DEM Porphyry “Halo”, Identifies Likely Location of Intrusive Centre

Provided By GlobeNewswire

Last update: Oct 9, 2024

TORONTO, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Evergold Corp. (TSX-V: EVER, WKN: A2PTHZ) (“Evergold” or the “Company”) is pleased to report that a limited program of follow-up drilling to last season’s greenfield precious and strategic metals discovery at the road-accessible DEM porphyry prospect, located near Fort St. James in central B.C., has achieved encouraging new intersections of the DEM sulphide vein system within DEM Mountain, in what is now interpreted to be the alteration “halo” around a large intrusion anchoring the system and located downslope to the west, below and masked by thick glacial till (see Figures 1 to 5) – a situation potentially akin to management’s experience with the deep till-covered nature of the giant Saddle discovery for GT Gold some years ago.   Drill core has been shipped to Penticton, B.C. for cutting and sampling, with laboratory assay results anticipated in November.

Read more at globenewswire.com
Follow ChartMill for more