Everton Resources Inc.

Everton Resources Inc.

February 25, 2010 09:00 ET

Everton and Linear: Updated Assays Show High Grade, Near Surface Silver Values at Spanish Pit, 764 g/t and the Newly Discovered Pon Hill, 410 g/t at La Lechosa, Dominican Republic

OTTAWA, ONTARIO--(Marketwire - Feb. 25, 2010) - Everton Resources (TSX VENTURE:EVR) (FRANKFURT:ERV) and its partner Linear Gold Corp. (TSX:LRR) are pleased to announce the following updates from two drill holes at the La Lechoza Prospect, Ampliacion Pueblo Viejo concession, Dominican Republic.

The two drill holes reported are: APV10-04 from the Spanish Pit area and APV10-07 from the newly discovered Pon Hill Zone. (See map on the Everton web site).

Highlights for these two holes are: Hole APV10-04, 6.00 meters (11.00 to 17.00 meters) @ 192.50 g/t silver, including 1.50 meters (11.00 to 12.50 meters) @ 764 g/t silver. Hole APV10-04 confirms high grade silver mineralization intersected in the hole APV09-24 of the 2009 drilling campaign (reported by Everton Resources Inc., January 14, 2010).

In hole APV10-07 from the Pon Hill Zone new discovery, located approximately 250 meters southwest of APV10-04 and 450 meters south from the main North Hill Zone at La Lechoza: 19.50 meters (5.00 to 24.50 meters) @ 51.74 g/t silver, including 2.50 meters (9.50 to 12.00 meters) @ 316.4 g/t and including 1.5 meters (9.50 to 11.00 meters) @ 410 g/t silver.

"These confirming results provide positive evidence our 2010 drilling campaign is on track in meeting both our operational and shareholder objectives," said Everton Resources Inc. Chairman and CEO Andre Audet.

"Our diamond drilling program, which is still in its early phase, lends more weight to our overall developmental objectives along the 1.8 kilometer La Lechosa corridor," he said.

This news release was prepared by Marc L'Heureux, P. Geo. and VP Exploration of Everton, who acts as Everton's Qualified Person as defined by NI 43-101.

Everton is actively exploring in the Dominican Republic adjacent to the US$2.7 billion Pueblo Viejo project, currently being developed by the world's largest gold mining company, Barrick Gold Corporation (60%) (NYSE/TSX: ABX) in partnership with Goldcorp (40%) ("Goldcorp") (NYSE: GG, TSX: G). Pueblo Viejo is estimated to contain 22.4 million ounces of gold, 455 million pounds of copper and 131.3 million ounces of silver.

Everton also holds through its 100%-owned subsidiary Hays Lake Gold various options consolidated land package located in the Shoal Lake area, near Kenora, Ontario. The Shoal Lake Gold Project is comprised of two significant high grade gold deposits: Duport and Cedar Island on 81.3 km2. The Company is also exploring in the Opinaca region of James Bay, Quebec where the Company has amassed one of the largest land claims adjacent to Goldcorp's Eleonore gold deposit, which currently hosts an estimated total mineral resource of 9.4 million ounces of gold.

This news release contains certain forward-looking statements that involve risks and uncertainties, such as statements of Everton's plans, objectives, strategies, expectations and intentions. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to Everton, or its management, are intended to identify such forward-looking statements. Many factors could cause Everton's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. The forward-looking statements included in this press release represent Everton's views as of the date of the release. While Everton anticipates that subsequent events and developments may cause its views to change, it specifically disclaims any obligation to update these forward-looking statements. All subsequent written and oral forward-looking statements attributable to Everton or persons acting on its behalf are expressly qualified in their entirety by this notice. 

Neither 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 release.

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