Everton Resources Inc.
TSX VENTURE : EVR

Everton Resources Inc.

November 23, 2006 08:30 ET

Everton and GlobeStar to Commence Major Airborne Geophysical Survey in the Dominican Republic

OTTAWA, ONTARIO--(CCNMatthews - Nov. 23, 2006) - Everton Resources(TSX VENTURE:EVR) and GlobeStar Mining Corp.(TSX VENTURE:GMI) are pleased to announce that a major airborne geophysical survey will commence on properties owned by the companies in the central Dominican Republic.

Everton's part of the survey will cover about 154 km2 and consist of approximately 1700 line kilometres of low level survey covering the Maimon Formation, host of the Cerro de Maimon copper/gold project and satellite deposits like Loma Pesada, and parts of the Los Ranchos Formation, host of the Barrick/Goldcorp giant Pueblo Viejo gold deposit, all located in the central part of the Dominican Republic. The survey will be done at 100 metre spacing.

The Maimon Formation is host to at least 8 outcropping massive sulphide bodies, and this survey is designed to test extensions at depth of these bodies, plus seek-out new non-outcropping mineralization which may have been undetectable by shallow detection methods used in the past. The Los Ranchos Formation is host to large high sulphidation systems, and associated mineralization.

The survey will be carried out by FUGRO Airborne Surveys Corp. and will consist of helicopter mounted Electromagnetic and Magnetic measurement equipment, with accurate surveying capable of achieving positional accuracy of 2 meters in static mode. FUGRO's advanced team has already been on the ground, and the equipment will arrive in early December, with a survey time of approximately 6 weeks, depending on weather. The only previous EM survey was done in 1972, where the penetration below surface was estimated to be approximately 80 metres in depth, the technical limit of the equipment at that time. The new survey will penetrate to an estimated 300 metres.

This press release was prepared under the supervision of Marc L'Heureux, P.Geo., Everton's Vice-President of Exploration, who acts as the "Qualified Person" as described by NI 43-101.

Everton Resources is actively exploring in the Opinaca region of James Bay, Quebec where Everton Resources has amassed one of the largest land claims adjacent to the Eleonore gold discovery, and where Goldcorp Inc. (NYSE:GG, TSX:G) is proposing to spend several hundreds of millions of dollars developing its recent property acquisition. Everton Resources is also actively drilling in the Dominican Republic adjacent to where the world's largest gold mining company, Barrick Gold (NYSE/TSX:ABX), is partnering with Goldcorp to develop the 15 million ounce Pueblo Viejo gold deposit, one of the world's largest undeveloped gold deposits, at an estimated cost of $1.4 billion.

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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