Evergold: Well Financed and Soon to Drill Again
Focused on Northern B.C.
Evergold Corp. has been assembled by a team with a record of recent success in B.C., namely, the founding of GT Gold Corp. and the discovery, both of which occurred in 2017, of the massive Saddle South and Saddle North gold-copper deposits, now encompassing more than 20 million ounces gold equivalent in all categories, and currently being acquired by Newmont Corporation.
The company’s flagship assets consist of the wholly-owned Snoball property, located in the heart of BC’s famed Golden Triangle, where an initial phase of drilling in 2020 achieved the discovery of a new high-grade, gold-silver system at the highest elevations on Pyramid Peak; the wholly-owned Golden Lion property, east of Snoball in B.C.’s Toodoggone region, where Phase 1 drilling in 2020 confirmed the presence of a broad, shallow gold-silver zone at the GL1 Main prospect; and the recently optioned past-producing high-grade Rockland gold-silver property in Nevada.
Phase 2 Drilling to Start Soon on the Golden Lion and Snoball Prospects
“We are excited to have the drills turning soon with the goal of building on the positive early-stage results of 2020 and firmly demonstrating the merit and potential of Snoball and Golden Lion,” said Kevin Keough, President & CEO. “At Snoball, our objective is to tap into the core, which we believe we may have found, of the new high-grade vein system we drilled for the first time in 2020 and to follow it to depth. At Golden Lion, where drilling both by ourselves and historically by Newmont has demonstrated the presence of a broad gold-silver zone along over 800 metres of strike, our immediate objective is to test the high tenor geophysical response we’ve identified just below last year’s drilling. Both these projects are exciting for the near-term potential they offer, and we’re fully financed to execute.”
For more information on Evergold Corp. (TSX.V: EVER, OTC: EVGUF, FRA: A2PTHZ) please click on the request investor info button.