Everton Resources Inc.
TSX VENTURE : EVR
FRANKFURT : ERV

Everton Resources Inc.

October 15, 2008 09:49 ET

Everton Resources Appoints New CFO

OTTAWA, ONTARIO--(Marketwire - Oct. 15, 2008) - Everton Resources Inc. (TSX VENTURE:EVR)(FRANKFURT:ERV) ("Everton" or the "Company") is pleased to announce the appointment of Khadija Abounaim to the position of Chief Financial Officer of Everton Resources, effective November 3rd, 2008. Ms. Abounaim has been the Company's Controller for over 4 years and previously held the position of Senior Financial Auditor at PricewaterhouseCoopers International. Her experience also includes management positions at several companies in Canada and abroad including the Public Service Alliance of Canada. Khadija holds a Bachelor's degree in Business Administration and a Diplome national d'expertise comptable.

The appointment follows the departure of Mr. Marc Carbonneau, as CFO of the Company, to pursue other opportunities. "Mr. Carbonneau has contributed significantly to our Company over the past four years. On behalf of the Board, as well as personally, I want to thank Marc for his many contributions and wish him continued success in his future endeavours," stated Andre Audet, Chairman & CEO of Everton Resources.

In other news, Everton also announces that effective October 8th, 2008, the Company has granted a total of 1,000,000 stock options to Directors, Officers and employees. Each stock option entitles the holder to subscribe for one common share of the Company at a price of $0.10 per share for a five year period and vests over an 18-month period.

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Everton is well funded and actively exploring in the Opinaca region of James Bay, Quebec where the Company has amassed one of the largest land claims adjacent to Goldcorp Inc.'s ("Goldcorp") (NYSE:GG)(TSX:G) Eleonore gold deposit which currently hosts an estimated mineral resource of 3.68 million ounces of gold (December 31, 2007 at $650/oz. Au). Everton is also 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:ABX)(TSX:ABX) in partnership with Goldcorp (40%). Pueblo Viejo is estimated to contain 20.4 million ounces of gold, 2.6 billion pounds of zinc, 423.6 million pounds of copper and 117.3 million ounces of silver.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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