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Evergold Grants Option to Wolfden for Rockland Gold Property and Prepares for Drilling

Oct 29, 2024•over 1 year ago

Contract Type

agreement

TorontoMiningMineral

Description

Evergold Corp. has granted Wolfden Resources Corporation an option to acquire up to a 75% interest in the Rockland gold-silver property located in Nevada's Walker Lane geological belt. The agreement is expected to lead to the commencement of a minimum 5,000 feet of core drilling in the near future.

Company Information

Company

Evergold Corp

Location

Toronto, Ontario, Canada

About

Evergold Corp. is a TSXV listed mineral exploration company with projects in B.C. and Nevada. The Evergold team has a track record of success in the junior mining space, most recently the establishment of GT Gold Corp. in 2016 and the discovery of the Saddle South epithermal vein and Saddle North porphyry copper-gold deposits near Iskut B.C., sold to Newmont in 2021 for a fully diluted value of $456 million, representing a 1,136% (12.4 X) return on exploration outlays of $36.9 million. For additional information, please contact: Kevin M. KeoughPresident & CEO Tel: (613) 622-1916www.evergoldcorp.cakevin.keough@evergoldcorp.ca Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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