Evergold Corporation (TSE:EVER) has released an update.
Evergold Corporation has completed a geophysical survey on the DEM1 prospect in central B.C., revealing a significant resistivity-low anomaly indicative of a sulphide-rich mineralization, which extends over 500 meters north-south and beyond 400 meters in depth. This promising target, characterized by broad intercepts of low-grade gold and silver and high-value elements, is set for follow-up drilling. Previous partial sampling from a reconnaissance drill program had already identified multiple high-grade mineral occurrences, reinforcing the potential of the DEM1 system.
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