TSX-V Stock Symbol: EVG
Shares Outstanding: 78,630,217
Fully Diluted Shares: 114,824,998
Financial Year-End: March 31
**As of September 5, 2008**
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Location: 3 miles northeast of Newmont's Gold Quarry mine, on the northeast flank of the Tuscarora Arch, directly opposite the Gold Quarry deposit Size: 2,130 acres Mineral: Gold Ownership: Subject to Minerals Lease, Sublease and Agreement with Newmont
Drilling to commence in late August to early September, 2008
The Cottonwood Creek property is one of four properties that are subject to an exploration lease and sublease agreement with Newmont Mining Corporation.
The property area comprises approximately 2,130 acres of Newmont-held lode claims on Bureau of Land Management lands and lies approximately 3 miles northeast of Newmont's Gold Quarry mine. The property lies on the northeast flank of the Tuscarora Arch, a north-northwest-trending geologic anticline, directly opposite the Gold Quarry deposit which is situated on the southwest flank. Although the surface is underlain by shale, chert and limestone belonging to the upper plate of the Roberts Mtn thrust, lower plate carbonate rocks that host the enormous deposits of the Carlin Trend including the Rodeo Creek, Popovich and Roberts Mtn formations probably lie at reasonable depth.
Evolving plans to drill several 300-500 m holes testing for a potential "mirror" of the Gold Quarry deposit.
The Cottonwood Creek property is one of four properties that are subject to an exploration lease and sublease agreement with Newmont Mining Corporation.