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Evergold Corp. (TSX-V: EVGUF) has initiated follow-up drilling at its DEM prospect in central B.C., building on last year's discovery of precious and strategic metals. The program aims to drill up to 1,000 meters across multiple holes, targeting a north-south geochemical and geophysical trend within the larger 4 km² DEM target area. The company is particularly excited about two high-order CSAMT anomalies with associated high IP chargeability, which may have been narrowly missed in the previous drilling season.
The 2023 reconnaissance drilling intercepted a structurally-focused, epithermal-style system with broad envelopes of anomalous to low-grade mineralization, including high-grade intervals of both precious and strategic elements. Highlights include 135 meters of 0.12 g/t Au in DEM23-01, very high-grade molybdenum (0.82%) with gold and rhenium credits in DEM23-02, and 48.2 meters of 0.58 g/t Au and 11 g/t Ag in DEM23-03.