Evergold Corp. reported assay results for two core holes (DEM24-04 and DEM24-05) completed on the DEM Mountain Zone near Fort St. James, B.C. in early October this year, in follow up to highly encouraging results from an initial 3-hole drill program (DEM23-01,02,03), carried out in fall 2023.

The DEM Mountain Zone consists of a polymetallic sulphide-bearing vein and vein-breccia and related alteration system hosted within what is interpreted to be a zone of hornfels developed around an intrusive centre. The latest results, combined with those of the fall 2023 program, demonstrate a broad zone showed locally with elevated precious and high-value critical elements, each locally exhibiting high grades at the level of individual half to two metre lengths in core samples, or consecutive samples, including values to highs of 8.37% antimony (DEM24-05), 29.5 g/t gold (DEM23-03), 182 g/t silver (DEM23-03), 0.12% cobalt (DEM23-03), 42 g/t tellurium (DEM23-03),0.83% molybdenum (DEM23-02), 3.7 g/t rhenium (DEM23-02), and 0.32% tungsten (DEM23-01). In general, all of the higher-grade intervals are associated with, or encompassed by, an envelope of anomalous pathfinder elements and gold and silver.

Drilling to date (three holes for 947 metres in 2023, and two holes for 654 metres in 2024) at the DEM prospect has focused only on that small part of the 4 km2 DEM prospect area that underlies the topographic and (overall) magnetic highs of DEM Mountain. DEM Mountain is surrounded by the generally much lower elevations of the DEM Lowlands which include several low-relief knolls trending off from DEM Mountain to the west, coincident with a roughly donut-shaped arc of underlying magnetically positive anomalies. Sulphosalts are also observed locally.

High-grade precious metals, antimony, and tellurium, along with attendant cobalt, zinc, and lead values are localized to the best developed parts of the vein systems, particularly the massive sulphide sections, whereas the molybdenum, although present at elevated levels generally throughout the vein system, achieves high grades within a single narrow porphyritic intrusive (dyke) intercepted from 299 to 301 metres in DEM23-02, where it is accompanied by high-grade rhenium as well as gold, silver and the suite of elements characterizing other parts of the DEM mineralizing system. Very speculatively, the dyke may represent an apophysis from a larger body of porphyry-style mineralization nearby, although most dykes intercepted in the drilling appear to be unmineralized. Because of its relative inflexibility, it is usually mixed into alloys for further applications in the manufacture of lead storage batteries, solder, sheet and pipe metal, bearings, castings etc.

The latest new technology to utilize the metal is antimony molten salt batteries for mass storage. However, the relatively new use of antimony in the form of sodium antimonate as a clarifying agent in photovoltaic (PV) glass, which improves the efficiency of solar panels, is expected to surpass its use in flame-retardants in the very near future. A reconnaissance assay results for Diamond Core Holes DEM24-04 and 05.

A reconnaissance assay results for diamond core Holes DEM24-05 and 05. A reconnaissance results for diamond Holes DEM24-05, and 5. A reconnaissance results for Diamond Holes DEM24-05.