Everton Resources Inc.
TSX VENTURE : EVR
FRANKFURT : ERV

Everton Resources Inc.

November 18, 2010 09:00 ET

Everton Appoints New Vice President of Exploration

OTTAWA, ONTARIO--(Marketwire - Nov. 18, 2010) - Everton Resources Inc., (TSX VENTURE:EVR) (FRANKFURT:ERV) ("Everton") is pleased to announce the appointment of Mr. Robert R. Wheatley to the role of Vice President of Exploration. Mr. Wheatley will be part of the senior executive team and will oversee all aspects of exploration for Everton with the focus in the Dominican Republic. His career encompasses over thirty-five years of diversified mineral exploration in 21 countries. In his recent role as director of North and Central America Exploration for Yamana Gold Inc., Mr. Wheatley was responsible for technical and managerial oversight of over 12 projects with a budget of 12 million dollars and 75 people. He is also currently president of Adit Resources, a private US exploration company.

Mr. Wheatley holds a bachelor of science degree, geological engineering from the University of Arizona and an executive master of business administration degree from the Colorado Technical University. He is a registered professional geologist by the state of Utah and has professional affiliations with the Society of Exploration Geologists, Northwest Mining Association, Geological Society of Nevada, PDAC, and AME-BC.

Andre Audet, Chairman and CEO commented: "We are delighted to have Robert Wheatley join our team and engage in our extensive suite of projects in the Dominican Republic. Our exploration program in the Dominican Republic has already delivered significant value and opportunities to Everton and our recently announced drilling program is well underway. Robert will provide additional expertise to this program and to the company as a whole. I am looking forward to working closely with him as he engages with the rest of our team to contribute in achieving our goals".

Everton is partnered with Brigus Gold on actively exploring in the Dominican Republic adjacent to the US$3.0 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). Planned divestiture of its 100%-owned subsidiary Hays Lake Gold containing the Shoal Lake Gold Project in Kenora, Ontario is expected to provide internal funding to advance the Ampliacion Pueblo Viejo project. Everton also holds an interest in the Opinaca region of James Bay, Quebec where the Company has partnered with Aurizon Mines Ltd. who is advancing Everton's interest by funding 100% of all exploration work on one of the largest land packages adjacent to Goldcorp's Eleonore gold deposit.

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.

Contact Information