Evrim Receives Permit and Mobilizes Drill Crews to Cuale High Sulphidation Gold Project
910‐850 WEST HASTINGS ST. VANCOUVER, BC, CANADA V6C 1E1
TEL: 604.248.8648 FAX: 604.248.8663 WWW.EVRIMRESOURCES.COM
TSX‐V: EVM
CONTACT: PADDY NICOL OR CHARLES FUNK
NEWS RELEASE
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accepts responsibility for the adequacy or accuracy of this release.
Evrim Receives Permit and Mobilizes Drill Crews to Cuale High Sulphidation Gold Project
Vancouver B.C. – October 9, 2018 : Evrim Resources Corp. (TSX.V:EVM) (“Evrim” or the “Company”) i s pleased to
announce that the permit to conduct drilling at the Cuale high sulphidation epithermal gold project in Jalisco, Mexico
has been received and crews are on site to commence the program . Evrim has planned a minimum 3,000 metre
diamond drilling program comprising between 10 to 15 drill holes.
Stewart Harris, VP of Technical Services commented, “The first drill holes at Cuale are planned at La Gloria to test
the depth extent of the high grade gold mineralization encountered in trenches 1 and 4, followed by other high
priority drill targets throughout the trenched area. Drilling is also planned at four step‐out areas to test geophysical
targets within the anomalous gold in soil geochemical and rock chip halo, including the North Dome which extends
up to 1,000 metres north of the trenched area. This drilling program represents a significant milestone for Evrim and
a unique opportunity for our shareholders.”
La Gloria and step‐out drill targets
Seven holes are planned within the extent of surface trenching at La Gloria (Figure 1). The first two holes (denoted
CUA‐A and CUA‐B in Figures 1 and 2) will be drilled beneath tre nch 1, which returned 193.5 metres grading 2.09
grams per tonne (“g/t”) gold, and trench 4, which returned 156.2 metres grading 9.57 g/t gold. Gold mineralization
at surface is associated with a brecciated and pervasively saccharoidal quartz altered tuff unit. This alteration is
strongly resistive and the CSAMT geophysical survey suggests a similarly resistive zone may extend over 200 metres
deep by 300 metres wide beneath the trenched area.
The first two drill holes are planned with opposing orientations to test for structural controls and to select a preferred
orientation for additional drilling in the trenched area.
Four additional step‐out holes are planned to test prospective alteration, moderate to strong gold anomalies and
resistive highs within the Wifi Zone, Hematite‐Silica Breccia Z one (immediately north of the trenched area) and the
North Dome.
About the Cuale Property
The Cuale project is 100%‐owned by Evrim and comprised of a 232 square kilometre property prospective for high
sulphidation epithermal gold mineralization. The project is located 185 kilometres west of Guadalajara and 35
kilometres southeast of Puerto Vallarta in the Cordillera Madre del Sur.
Regionally, the project is located within the Talpa de Allende area of Jalisco near Agnico Eagle Mines' Barqueño
project (645,000 ounces gold and 38 million ounces silver) and Endeavour Silver's Terronera project (436,000 ounces
gold and 42 million ounces silver). The area is close to infrastructure with roads and powerlines crossing the property.
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 1 – La Gloria alteration map with gold in rock chips and planned drill collars (black circles) shown
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 – North looking section through Trench 4 showing location of first two planned holes in resistive target beneath the trenches
Cuale is subject to a 1.5% net smelter royalty ("NSR") for precious metals and a 1.0% NSR for base metals payable to
Altius Minerals.
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 t he Company. Mr. Harris serves as a Qualified Person
under the definition of National Instrument 43‐101. Readers are cautioned that rock chip, grab and channel samples
are selected samples and are not necessarily representative of the mineralization hosted on the property.
About Evrim Resources
Evrim Resources is a mineral exploration company whose goal is to participate in significant exploration discoveries
supported by a sustainable business model. The Company is well financed, has a diverse range of quality projects
and a database covering substantial areas of Mexico and portion s of southwestern United States. The Company’s
projects are advanced through option and joint venture agreemen ts with industry partners to create shareholder
value. Evrim’s business plan also includes royalty creation utilizing the Company’s exploration expertise and existing
projects.
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.
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, or Charles Funk, VP New
Opportunities and Exploration at 604‐248‐8648, or Donna Yoshimatsu at 416‐722‐2456.
Visit our website at www.evrimresources.com.
Forward Looking Information
This news release includes certain statements that may be deeme d "forward looking statements". All statements in this news rel ease, other
than statements of historical facts, that address events or dev elopments 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 a l w a y s ,
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 suc h forward looking statements are based on reasonable assumption s, 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 materiall y from those in forward looking statements include market price s, 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 fu ture 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 opi nions of the
Company’s management on the date the statements are made. Excep t as required by securities laws, the Company undertakes no obl igation
to update these forward looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.