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Evrim Resources Corp.
Summary
| Project: | Axe | |
|---|---|---|
| Deposit: | Axe | |
| Location: | Canada | |
| Commodities: | Gold-Copper | |
| Date: | 12/19/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-12-2018: Evrim Resources Corp. announces an Exploration/Drilling Update report for its Axe deposit at the Axe project. Drilling results incl. 28.8m @ 0.52g/t Au, 0.13% Cu from 2.6m. Vancouver B.C. ‐ December 19, 2018: Evrim Resources Corp. (TSX.V:EVM) | |
| Resources: | (Resource): 39Mt @ 0.38% Cu (Ind.) and 32Mt @ 0.38% Cu (Inf.) | |
| CP/QP: | [Overall Report]: Stewart Harris (Internal) | |
| ABSTRACT: | Vancouver B.C. ‐ December 19, 2018: Evrim Resources Corp. (TSX.V:EVM) (“Evrim” or the “Company”) announces the 2018 exploration results from its Ball Creek and Axe projects in British Columbia, Canada. At the completion of these programs the Company’s exploration partner, a wholly‐owned subsidiary of Antofagasta plc (“Antofagasta”), relinquished their options on both projects. The Ball Creek and Axe projects remain 100%‐owned by Evrim. “Antofagasta spent approximately $2.1 million exploring both the Ball Creek and Axe projects which they optioned from Evrim in May and December of 2017. Evrim would like to thank Antofagasta for their technical expertise and financial contributions,” commented Paddy Nicol, President and CEO of Evrim. “Elsewhere, the Company is engaged in two ongoing drill programs: one at our 100%‐owned Cuale and the other at Cerro Cascaron, which is optioned to Harvest Gold Corp. We are also preparing for a drill program at our Sarape project in the first quarter of 2019, which is optioned to Coeur Mining Inc., and First Majestic Silver Corp. is in the midst of a 13,000 metre expansion and infill drill program1 at the Ermitaño West project where Evrim has a royalty interest on a growing, inferred 550,000 ounce gold equivalent resource2 . | |
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