Everett Sources Limited. is happy to announce the beginning of the initial 2011 jewel drilling program at its Menarik polymetallic property, located in the James Bay part of the province of Quebec. No under 2,000 meters will most likely be drilled during this program, to evaluate multiple targets, because the property hosts stratiform chromite horizons and magmatic massive sulphides in Menarik ultramafic invasion, nickel-copper concentrations within the altered zones, gold targets and mineralized felsic volcanic across the edges. All of the core samples will most likely be ready and printed to ALS-Chemex in Val-d’Or, Quebec for analysis.
Everett can earn a 50-per-cent passion for the Menarik property held by Pro-Or Corporation. (Ressources Minieres) by issuing 4.5 million common shares to Pro-Or Corporation. over few years and incurring $5-million in exploration and development focus on the home a duration of 3 years.
“We’re very happy to have began the drill program at Menarik, and we are very fortunate to possess DJM Drilling Corporation., of Rouyn-Noranda, for the spring drilling program. Everett can be quite systematic and aggressive in their method of exploration across the property, along with the drill program on-going can be a excellent test of the way big the unit,” commented Mike Waggett, President.
An incredible think about the Menarik polymetallic property, which outlines the primary areas of mineralization furthermore to additional defined areas of mineralization, is viewed across the Everett Website inside the website website link that follows: http://bit.ly/MenarikMap
A 43-101 compliant measured and indicated resource estimate of chromite produced for partnership partner Ressources Minieres Pro-Or Corporation. around 2006 using the consultant group Roche from Quebec City and updated this past year by Yvan Bussieres, P.Eng. reports a whole exceeding 6.two million metric tons grading typically 7.69% Cr2O3. The report are available on SEDAR (internet.sedar.com) or Company’s website internet.everettresources.com.
Quality Assurance/Qc
The exploration program along with the technical information presented during this news release are really reviewed and approved by Yvan Bussieres, P. Eng. Mr. Bussieres could be a qualified person as based on National Instrument 43-101. The Menarik exploration program is transported out underneath the supervision of Mr. Bussieres. Everett has implemented and adheres having a strict Quality Assurance/Qc program. Assay samples are acquired from drill core sawed by 50 percent with half delivered to an industrial laboratory but another half retained for future reference. Analyses will probably be achieved by accredited laboratory ALS-Chemex in Val-d’Or, Quebec.
