Everton Resources Inc - Geology Ontario

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Everton Resources Inc. 6.0 2010 Diamond Drill Program Shoal Lake Property Between February 14, 2010 and February 22, 2010 two diamond drill holes that are a portion of a much larger drill campaign were drilled, logged and sampled on claim 3007989. The large on-ice drill Program is being performed by Everton Resources Inc. under the supervision of Kevin Leonard a consulting geologist. Diamond drilling was completed by Chibougamau Diamond Drilling of Chibougamau, Quebec and logged by Rejean Godin. 48 and 39 samples were taken from holes SLW-10-03 and SLW-10-05 respectively although no significant assay results were returned. Figure 5 shows the drill collar locations, with details on drillholes (dip, azimuth, UTM coordinates) listed on the drill logs in Appendix A. Drill hole sections of the drillholes can be found in the map pockets at the end of this report. Detection limit of assaying was 0.005 ppm (5 ppb ). SLW-10-03 Drilled to a final depth of 490 feet ( 149.4 meters) this hole was intended to test an airborne EM conductor. Mineralized meta-sediments (locally up to 25% pyrrhotite and pyrite) were intersected explaining the conductor, although no significant assay values were reported. Maximum gold assay was 25 ppb. SLW-10-05 Drilled to a final depth of 600.2 feet (183.0 meters) this hole was intended to test an airborne EM conductor as well. Mineralized meta-sediments (locally up to 15% pyrrhotite and pyrite) were intersected which likely explains the conductor, although no significant assay values were reported. Maximum gold assay was 312 ppb over 3 feet (0.91 meters). 21 •
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