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Molecule Holdings Inc C.MLCL

Alternate Symbol(s):  EVRRF

Molecule Holdings Inc. is a Canada-based licensed producer engaged in creating cannabis-infused beverages (CIBs) for the Canadian market. The Company operates through one segment being the production and co-packing CIBs. The Company produces drinks to provide opportunity and choice for people seeking a convenient and social way to consume cannabis. Its brands include PHRESH, embody, DULCES and KLON. It is also focused on growing both its portfolio, and the overall cannabis beverage market.


CSE:MLCL - Post by User

Bullboard Posts
Post by butterfly5on Sep 20, 2006 9:12am
274 Views
Post# 11389135

NEWS a New Gold Target Grading Up to 35.98 G/

NEWS a New Gold Target Grading Up to 35.98 G/Everton Discovers a New Gold Target Grading Up to 35.98 G/T Au on Opinaca Block "B", In James Bay, Quebec OTTAWA, ONTARIO, Sep 20, 2006 (MARKET WIRE via COMTEX News Network) -- Everton Resources Inc. (TSX VENTURE: EVR) and joint venture partner Azimut Exploration Inc. (TSX-V: AZM) are pleased to announce the results of a new gold target discovered on the Opinaca Block "B" property, located in the Eleonore gold discovery area in the Opinaca region, James Bay, Quebec. This represents a new target area and is the fourth separate gold showing announced so far by Everton in the Eleonore gold discovery area. The summer 2006 prospecting program on the Opinaca Block "B" property has led to the discovery of the Claude Target that is associated with a northeast-trending deformation zone, where selected rock samples from outcrops have returned up to 5.62 g/t Au. Approximately 150 meters east of the Claude Target and down-ice of the deformation zone, four samples collected from two 1-2 meter large boulders, returned values of 35.98 g/t Au, 4.69 g/t Au, 3.54 g/t Au and 3.28 g/t Au. The source of the boulders remains to be found. The Opinaca "B" Block is adjacent to the western boundary of Everton's 100%-owned Wildcat 5 property where the Manuel Showings have been discovered and recent channel cuts have returned up to 12.01 g/t Au over 4.6 meters. The Claude Target is approximately 10 km south-west of the Manuel Showings and consists of a sheared silicified and mineralized paragneiss outcrop containing some quartz veinlets. The mineralization is composed of 3-5% disseminated pyrite with traces of arsenopyrite and molybdenite. For a new map showing the location of the Claude Target, please visit the Properties section on Everton's Website at www.evertonresources.com. The northeast-trending structure was originally recognized during the reconnaissance program of 2005, where a value of 1.71 g/t Au was obtained from a paragneiss outcrop containing quartz-feldspar-molybdenite veinlets, located 750 meters southwest of the Claude Target. Other gold-anomalous boulders were also found in this sector during the 2005 program. A ground geophysical Induced Polarization (I.P.) program was recently completed on the Claude Target and the related boulders area. Results are currently being analyzed, and follow-up prospecting is planned to begin later this month on the I.P. anomalies. Everton can earn up to a 65% interest in the project from Azimut Exploration upon the delivery of a bankable feasibility study. Everton is the operator. Field work was performed by the personnel of IOS Geosciences Inc. of Chicoutimi, Quebec, the personnel of Services Technominex, of Bellecombe, Quebec, and the staff of Everton, under the supervision of Marc L'Heureux, P. Geo., Everton's Vice-President of Exploration, who acts as the "Qualified Person" as described by the NI 43-101. Samples were assayed at the Laboratoire Expert Inc. of Rouyn-Noranda, Quebec. Everton Resources is actively exploring in the Opinaca region of James Bay, Quebec where Everton has amassed one of the largest land claims adjacent to the Eleonore gold discovery, and where Goldcorp Inc. (NYSE :GG, TSX:G) is proposing to spend several hundreds of millions of dollars developing its recent property acquisition. Everton Resources is also actively drilling in the Dominican Republic adjacent to where the world's largest gold mining company, Barrick Gold (NYSE/TSX:ABX), is partnering with Goldcorp to develop the 15 million ounce Pueblo Viejo gold deposit, one of the world's largest undeveloped gold deposits, at an estimated cost of $1.4 billion. The TSX Venture Exchange neither approves nor disapproves of the information contained in this News Release. The Company's Shares are listed on the TSX Venture Exchange and trade under the symbol "EVR". Contacts:Everton Resources inc.Todd OpalickManager Investor Relations(613) 241-2332(613) 241-6005 (FAX)todd@evertonresources.comEverton Resources inc.Andre AudetChairman & CEO(613) 241-2332(613) 241-6005 (FAX)andre@evertonresources.com www.evertonresources.com SOURCE: Everton Resources Inc. mailto:todd@evertonresources.com mailto:andre@evertonresources.com https://www.evertonresources.com Copyright 2006 Market Wire, All rights reserved.
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