Everton Resources Inc.
TSX VENTURE : EVR

Everton Resources Inc.

May 15, 2006 10:10 ET

Everton Secures its Gold and Copper Group of Concessions in the Eastern Dominican Republic

OTTAWA, ONTARIO--(CCNMatthews - May 15, 2006) - Everton Resources Inc. (TSX VENTURE:EVR) is pleased to announce that it has executed an agreement with GlobeStar Mining Corp. to acquire 100% interest in La Mireya gold concession covering 118.5 square kilometers within the eastern cordillera of the Dominican Republic. The La Mireya gold concession is continuous to the 335-square kilometer block of four gold-copper concessions already controlled by Everton in this area.

The La Mireya gold concession is covered by rocks of similar age and origin to those of the Los Ranchos Formation that host the Pueblo Viejo gold-silver deposit, controlled by Barrick and Goldcorp, located 90 km to the west. Several copper-gold porphyry-type occurrences and alluvial placer gold mineralization have been identified in the past in this sector. A regional stream sediment survey conducted by the European Union SYSMIN program yielded anomalous gold values of up to 1.44 g/t gold and six other values of over 200 ppb gold on this concession.

Andre Audet, Everton's Chairman and CEO, stated: "The acquisition of the La Mireya gold concession strengthens Everton's landholdings in the eastern Dominican Republic and allows the Company to continue focusing its exploration efforts on identifying large gold-copper prospects."

A first phase of exploration work consisting of higher density stream sediment and soil sampling over the anomalous areas is planned to start this summer.

Under the terms of the agreement with GlobeStar, Everton will exchange its 50% joint venture interest in the Corozal and Cercadillo nickel laterite concessions in return for GlobeStar's La Mireya gold concession in the eastern part of the country. Everton will retain a 1% NSR on Corozal and Cercadillo while GlobeStar will retain a 2% NSR on La Mireya. GlobeStar and Everton will also have the right to purchase half of the other's NSR at any time for US$500,000. The Parties expect the transaction to close prior to June 30, 2006.

This press release was prepared by Marc L'Heureux, P.Geo. and Vice President of Exploration for Everton, who acts as the "Qualified Person" (NI 43-101) for the Company.

Everton is a well-financed junior company that is actively exploring for gold and base metals in the Dominican Republic and the James Bay region of Quebec, in Canada.

The TSX Venture Exchange neither approves nor disapproves of the information contained in this News Release. The Company's Shares are listed on the TSX Venture Exchange and trade under the symbol "EVR".

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