Evrim Resources Corp. announced initial drill results from its Ermitaño gold project in Sonora, Mexico. Exploration partner First Majestic Silver Corp. have received assay results from the first four holes of a ten hole diamond drill program at the Ermitano West prospect totaling 947 metres. The Ermitano West prospect is located approximately 3.5 kilometres southeast of First Majestic's operating Santa Elena gold-silver mine. Drill Hole EW16-04: 18.0 metres grading 11.4 grams per tonne ("g/t") gold and 86 g/t silver including 3.3 metres grading 34.6 g/t gold and 242 g/t silver. Drill Hole EW16-03: 9.6 metres grading 1.8 g/t gold and 24 g/t silver including 3.1 metres grading 4.9 g/t gold and 36 g/t silver. Drill Hole EW16-02: 13.2 metres grading 1.1 g/t gold and 29 g/t silver including 3.0 metres grading 2.9 g/t gold and 72 g/t silver. Drill Hole EW 16-01: 8.8 metres grading 0.8 g/t gold and 9 g/t silver True widths are estimated to be 70-90% of reported intervals. The Ermitano West zone consists of a network of low to intermediate sulphidation east­west trending epithermal veins and stockwork. The veining covers an area 1,200 metres long by 600 metres wide with 912 rock samples averaging 0.1 g/t gold over widths ranging from 0.1 metres to 3.5 metres and averaging 0.7 metres. The principal east-west striking vein is up to 3.5 metres wide on surface with a hanging wall of sub-parallel east-west striking veins and north-south striking stockwork veining over 200 metres wide. Vein textures, including banded quartz, quartz replacing bladed calcite, and an elevation more than 100 metres higher than the pit at Santa Elena suggest a shallower level of exposure in the epithermal environment compared to Santa Elena. Drilling targeted the main east-west trending vein at Ermitano West that is interpreted to form the hanging wall to veins and veinlets mapped to the south. The main vein is hosted in rhyolite tuff and drilling intersected competent white, green, clear and amethyst quartz, adularia, manganese oxide and iron oxide veins from 7.5 to 13.1 metres wide. Textures vary from massive crystalline quartz with rare minor colloform and cockade bands at surface and in hole EW-16-01 to strongly developed banding, increased oxides and adularia, abundant replaced bladed calcite rosettes and re-brecciation with increasing depth. Veins have silicified selvages and common vein stringers adjacent to the competent vein with similar grade mineralization. The results fit a classical epithermal pattern with low gold and silver grades at surface increasing at depth to economic grades where textures indicate a boiling environment within the vein. The increase in grade within the vein beneath the surface and a high gold to silver ratio (1:10) suggest that ore shoots are fully preserved and the limited drilling shows a system open to the east, west and at depth. Drilling is ongoing to complete a planned 10-hole program with further assays pending.