Molecule Holdings Inc C.MLCL

NEWS Up to 28.2 g/t Gold

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Everton Samples Up to 28.2 g/t Gold at the "Manuel Showings" on Wildcat 5 in James Bay, Quebec 7/18/2007 OTTAWA, ONTARIO, Jul 18, 2007 (CCNMatthews via COMTEX News Network) -- Everton Resources Inc. (TSX VENTURE:EVR) (FRANKFURT:ERV) is pleased to provide a mid-summer update on its comprehensive and systematic summer exploration programs in both the Opinaca region of James Bay, Quebec around Goldcorp's Eleonore gold deposit (initial gold resource of 2.8 million ounces), and on Everton's additional twenty-three 100%-owned properties located in the greater James Bay region of northern Quebec. Opinaca & Wildcat Projects - Opinaca Region Everton's properties in the Opinaca region consist of Everton's 100%-owned Wildcat 1-8 properties and two optioned properties Opinaca A & Opinaca B (optioned from Azimut Exploration).The summer 2007 exploration program commenced on May 14 with the mobilization of a crew of 20 people to the Everton camp located 7 kilometers northeast of Goldcorp's Eleonore gold deposit. The focus of the exploration program consists of intensive prospecting, sampling and trenching over existing targets, including the 10-kilometer gold-bearing Claude-Manuel corridor between the Claude Target on Opinaca B (under option with Azimut) and the Manuel Showings (12.01 g/t Au over 4.6 meters in channel) on Everton's 100%-owned Wildcat 5 property. Prospecting and sampling has also commenced on new anomalous gold areas. During the summer program to-date more than 4,000 outcrops on existing targets and new anomalous areas were prospected by the field crews, yielding a total of 1,100 rocks samples, 465 till samples and 550 soil samples. Furthermore, a total of 20 different trenches were also mechanically dug in the Manuel Showing area, where new rock sampling returned gold values of 28.2 g/t Au, 18.6 g/t Au and 12.1 g/t Au on selected samples and 2.76 g/t over 1.5 meter on a channel cut. These new results are located east and west of the original "Manuel Showing" over a strike length of 35 meters. More than half of the rock samples have already been sent to and are being processed by Laboratoire Expert of Rouyn-Noranda, Quebec, while soil and till samples have been sent to ALS Chemex of Val d'Or, Quebec. Results are expected by the end of August and the Summer 2007 field program is expected to be completed by the end of September. Drill Program - Opinaca Region A drilling program is also currently being designed to commence in mid-August to test coinciding soil, till and induced polarization anomalies at the Smiley Target located on Opinaca A, approximately 4 km away from Goldcorp's Eleonore gold deposit. Other James Bay Properties Outside of the Opinaca region in James Bay, Everton has contracted the consulting firm IOS Geoscientifiques from Chicoutimi, Quebec, to conduct an extensive lake-bottom sediment survey totalling more than 1,150 samples over some of its 100%-owned properties located within a 200 kilometer radius from the Opinaca-Wildcat package, namely Candlestick, Conviac, Corvet Sud, Gauchet, Jobert, Lemoyne, Morand, Pine Hill Nord, Duncan and Wildcat 8. This program should be completed within the next two weeks. For the location of these properties please visit Everton's website at www.evertonresources.com Options Granted Everton also announces that the company has granted a total of 930,000 stock options to officers, directors, and consultants. Each stock option entitles the holder to subscribe for one common share of the company at a price of $ 0.82 per share for a five year period. This press release was prepared under the supervision of Marc L'Heureux, P.Geo., Everton's Vice-President of Exploration, who acts as the 'Qualified Person" as described by NI 43-101. Everton is well funded and actively exploring in the Opinaca region of James Bay, Quebec where Everton has amassed one of the largest land claims adjacent to Goldcorp's (TSX:G) (NYSE:GG) Eleonore gold deposit where Goldcorp recently announced an initial gold resource of 2.8 million ounces. Everton is also actively exploring in the Dominican Republic adjacent to where the world's largest gold mining company, Barrick Gold (TSX:ABX) (NYSE:ABX) is partnering with Goldcorp to develop, at an estimated cost of $2.3 billion, the Pueblo Viejo deposit, that contains 18.1 million ounces of gold, 2.6 billion pounds of zinc, 358 million pounds of copper and 88 million ounces of silver. SOURCE: Everton Resources Inc. Everton Resources Inc. Todd Opalick Manager Investor Relations 613-241-2332 613-241-8632 (FAX) [e-mail] Everton Resources Inc. Andre Audet Chairman & CEO 613-241-2332 613-241-8632 (FAX) [e-mail] www.evertonresources.com Copyright (C) 2007 CCNMatthews. All rights reserved. © 2007 Stockgroup Media Inc. | Disclaimer