April 24, 2019

Evrim acquires La Lola low sulphidation gold-silver project in Sonora, Mexico

Vancouver B.C. - April 24, 2019: Evrim Resources Corp. (TSX.V:EVM) (“Evrim” or the “Company”) is pleased to

announce the acquisition of the La Lola gold-silver project in northern Sonora, Mexico. La Lola was identified and

staked through Evrim’s generative programs in 2018 and consolidated through third party agreements in 2019. The

project is located along the northern Sierra Madre Gold Belt and contains a five by five kilometre low sulphidation

vein field with historic workings.

Project Highlights

• A large 6,309 hectare land package prospective for low sulphidation epithermal gold and silver mineralization

• The project contains the “La Barra” vein that extends for over five kilometres on the west side of the property

and locally up to 40 metres wide

• Reconnaissance sampling indicates high grade precious metals within the La Barra vein system with a 58.0

grams per tonne (“g/t”) gold sample taken from a historic dump and a 424 g/t silver sample taken from

hanging wall structures

• The project has never seen any drilling or modern exploration

“La Lola is the latest addition to the Company’s portfolio in the Rio Sonora Valley where Evrim has royalties on the

Ermitaño deposit and Cumobabi project, a joint venture with Coeur Mining on the Sarape project, and the wholly

owned Llano del Nogal project,” commented Evrim’s VP of Exploration and New Opportunities, Charles Funk. “Evrim

recognizes this region as highly prospective for epithermal gold and silver discoveries, and our local experience and

datasets help generate new opportunities for joint venture.”

The La Lola project is located ten kilometres southeast of the town of Esqueda, north of Grupo Mexico’s La Caridad

copper mine, northeast of SilverCrest’s Las Chispas deposit, and west of Oceanus Resources’ El Tigre epithermal

vein project. La Lola has road access and was historically mined for fluorite and manganese along the La Barra vein.

A systematic soil survey returned gold anomalies in soil of up to 43 parts per billion (“ppb”) gold along the La Barra vein (ranging from

zone. A large silver anomaly over 500 ppb silver occurs in the hanging wall to the La Barra vein.

Pathfinder

geochemistry and quartz textures indicate the shallow erosional level that has the potential to overlie a boiling zone

bonanza target at depth.

Evrim is seeking a joint venture partner to advance the project.

Additional information and an introductory presentation on the project

https://www.evrimresources.com/projects/seeking-partners/la-lola/

is available on Evrim’s website: https://www.evrimresources.com/projects/seeking-partners/la-lola/

Figure 1 – La Lola Location Map

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange)  accepts responsibility for the adequacy or accuracy of this release. 

Figure 2 - La Lola claims showing major zones of alteration and veining 

Figure 3 - Left: 40m wide blowout in La Barra Vein with historic workings. Top Right: Low temperature quartz calcite vein at La Barra.  Bottom Right: Clay and hematite (after pyrite) alteration at Adaena Zone.

Qualified Person Statement 

Evrim's disclosure of technical or scientific information in this press release has been reviewed and approved by  Stewart Harris, P.Geo. Vice President, Technical Services for the Company. Mr. Harris serves as a Qualified Person  under the definition of National Instrument 43-101. 

About Evrim Resources 

Evrim is a precious and base metals project generator, with early stage exploration projects and a database covering  substantial areas of Mexico, western Canada and portions of southwestern United States. We focus our expertise on  identifying new early stage exploration targets which are later advanced through option and joint venture  agreements with industry partners to create shareholder value and avoid stock dilution. Evrim’s business plan also  includes royalty creation utilizing the Company’s exploration expertise and existing projects. 

On Behalf of the Board 

EVRIM RESOURCES CORP. 

Paddy Nicol 

President & CEO 

To find out more about Evrim Resources Corp., please contact Paddy Nicol, President and CEO, Charles Funk, VP New  Opportunities and Exploration at 604-248-8648, or Liliana Wong, Investor Relations Manager at 778-929-3382.  

Visit our website at www.evrimresources.com. 

Forward Looking Information 

This news release includes certain statements that may be deemed "forward looking statements". All statements in this news release, other  than statements of historical facts, that address events or developments that Evrim Resources Corp. (the "Company“) expects to occur, are  forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always,  identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or  that events or conditions "will", "would", "may", "could" or "should" occur.  

Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such  statements are not guarantees of future performance and actual results may differ materially from those in the forward looking statements.  Factors that could cause the actual results to differ materially from those in forward looking statements include market prices, exploitation  and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors  are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially  from those projected in the forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the  Company’s management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation  to update these forward looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.


Back to All News Releases