Sunvest Receives TSX Venture Approval FOR Evening STAR Property, Nevada
Suite 1240 – 789 W. Pender St., Vancouver, BC V6C 1H2 Phone: 604-683-3995 Fax: 604-683-3988
www.sunvestminerals.com
SUNVEST RECEIVES TSX VENTURE APPROVAL FOR EVENING STAR
PROPERTY, NEVADA
Vancouver, B ritish Columbia – January 5, 2017 – Sunvest Minerals Corp. (TSX -V: SSS) ("Sunvest
Minerals" or the “Company”) is pleased to announce that it has received TSX Venture approval for the
option agreement to earn a 100% interest in the Evening Star Property, located 12 kilometers southeast
of Hawthorne, Nevada in the prolific Walker Lane Structural Zone of the west -central part of the state
(see PR dated December 1, 2016) . The Evening St ar property comprises 13 core claims and 30 newly
located claims, totally 820 acres (323 ha). The property covers two historic, formerly producing mines, the
Evening Star mine and the Gold Bug mine.
Company geologists will be performing a se cond site visit January 15 th and will be joined by Hrayr
Agnerian, P.Geo. of Ontario who was the geologist on the project in 1970 when a drill hole intersected,
near the Gold Bug mine area, a wide zone of lead, zinc and silver mineralization, with minor copper values
over 169.0 metres ( 554.5 feet) had a weigh ted average of 93.2 grams per tonne silver (2.72 ounces per
ton silver), 3.29 per cent lead, 1.45 per cent zinc and 0.22 per cent copper.
Past exploration works consist ed in partial geological mapping, rock sampling and the drilling of one
diamond drill hole, in which two intercepts were reported1:
From 48.5 meters (159 feet) returned 6.1 m (20 ft.) averaging 408 g/t Ag (11.9 oz/t Ag), 14.88 %
Pb, 4.70 % Zn and 0.16 % Cu;
A second intercept from 76.8 meters (252 feet) returned 18.6 meters (61.0 ft.) averaging 277.8
g/t Ag (8.10 oz/t Ag), 9.73 % Pb, 5.36 % Zn and 0.27% Cu.
Surface samples collecte d in 2002 by the previous owners, Consolidated Goldfield Ltd (“CGF”) , also
identified several gold anomalies ranging up to 11.31 g/t Au gold (0.33 oz/t) from the historic Evening Star
mine area 2.
The principal exploration targets are the extensions of the replacement gold zones of the Evening Star
deposit, along its northeast strike and southeast plunge and the contact metamorphic calc-silicate skarn
located in the northern portion of the claim block.
The Evening Star Mine shows a similar geological context as La Panta Mine located about 1.6 km to the
west and is known as a re placement or manto type deposit where free gold is contained in irregular
masses of siliceous ferruginous locally jasperoidal gossan material forming replacement bodies in
limestone. The Gold Bug Mine is a skarn type deposit where copper mineralization occ urs along the
contact between quartz monzonite and limestone. The property is readily accessible by well-maintained
dirt roads, south for approximately 9 kilometers from U.S. Highway 95 . Despite the mining history that
dates from the early 1900’s, the property has seen little modern exploration.
Suite 1240 – 789 W. Pender St., Vancouver, BC V6C 1H2 Phone: 604-683-3995 Fax: 604-683-3988
www.sunvestminerals.com
The reader is cautioned that these historic drill -hole results (1968) were completed prior to the
implementation of National Instrument 43 -101, and must be considered only as a historic reference.
Neither the Company nor its qualified persons have done sufficient work to verify this historic drill hole.
Additional work including surface geophysics, drilling and borehole geophysics may need to be completed
to verify the mineralization presented in this historic drill hole.
“We believe the Evening Star property represents an excellent early stage exploration project with
potential for significant gold, silver, lead, zinc and copper mineralization, in an attractive, favourable pro-
active mining jurisdiction. The Evening Star property has excellent logistics and can readily be worked year
round. A preliminary work program is planned for the 1 st quarter of 2017 to define drill targets ,” stated
Mike England, President of the Company.
The cumulative acquisition terms to acquire an 80% interest in the Evening Star Property are cumulative
cash payments of US $175,000, the issuance of 550,000 shares of the company over three years to one
party, and cash payments of US $45,000 by June 4, 2018 and 200,000 shares over a three year period to
an underlying second party.
The Company has a second option to increase its interest by a further 20% (to 100%) by paying the fi rst
party US $200,000 and issuing 500,000 shares, and paying the second party US $250,000, over an
additional 24 - month period.
The Net Smelter Royalty (“NSR”) of 0.5 % will be granted to the first party. An additional 2% NSR will be
granted to the second party, of which 1% can be purchased for cancellation at the Company’s option for
US $500,000, and the remaining 1% NSR can be purchased for cancellation for US $1,000,000, for a period
of five years commencing after the exercise of the 2nd Option.
1. Agnerian H.G., 1970 Geological Report on the Digmore Claims, Garfield Hills, Mineral County, Nevada,
USA for Rose Pass Mines Ltd. 13p.
2. Consolidated Goldfield’s website http://www.consolidatedgold.com/mining-projects/the-gold-star-
gold-silver-copper-property/
Garry Clark, P. Geo, a qualified person as define d by National Instrument 43 -101 is the independent
qualified person responsible for reviewing and approving the technical contents of this press release as
they pertain to the Evening Star Property. The property has not been the subject of an NI 43-101 report.
Contact Information:
Mike England
President
604-683-3995
Suite 1240 – 789 W. Pender St., Vancouver, BC V6C 1H2 Phone: 604-683-3995 Fax: 604-683-3988
www.sunvestminerals.com
Neither the 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.
FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to
future events or future performance and reflect management’s current expectations and assumptions. Such
forward-looking statements reflect management’s current beliefs and are based on assumptions made by and
information currently available to the Company. Investors are cautioned that these forward looking statements
are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results
to differ materially from those expected. These forward-looking statements are made as of the date hereof and,
except as required under applicable securities legislation, the Company does not assume any obligation to
update or revise them to reflect new events or cir cumstances. All of the forward -looking statements made in
this press release are qualified by these cautionary statements and by those made in our filings with SEDAR
in Canada (available at www.sedar.com).