Evergold secures option on high-potential, drill-ready gold-silver project in British Columbia

–News Direct–

Evergold Corp CEO Kevin Keough joined Proactive's Stephen Gunnion with details of an option agreement to acquire a 100% interest in the DEA gold-silver property in British Columbia.

Keough told Proactive the move comes after months of seeking a property with high discovery potential and ticks all the boxes for Evergold, including exceptional geochemistry linked to strong induced polarization geophysics responses. It also remains untouched by drilling, making it an attractive prospect, with the property's road access and location in British Columbia adding to its appeal.

Keough said the strategic acquisition complements Evergold's existing portfolio by providing a readily drillable asset, which is essential as some of the company's other assets face access and financial constraints.

Once financing is secured, the work program – contingent on 43-101 technical report results – will determine the drilling timeline. He said the acquisition reflects Evergold's commitment to maximizing shareholder value through targeted exploration.

With an eye on success in the coming year, this move positions Evergold for significant growth in the mining sector.

Contact Details

Proactive Investors Canada

+1 604-688-8158

na-editorial@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/evergold-secures-option-on-high-potential-drill-ready-gold-silver-project-in-british-columbia-545706679

Evergold Corp

COMTEX_437785688/2655/2023-08-03T13:51:51