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Santo Domingo.– Everton Resources is ramping up its drilling activity in the hope that exploration near the giant Pueblo Viejo gold mine in the Dominican Republic will soon pay off, stockhouse.com reported.

According to the web site, if the best place to find a new mine is right beside an existing one, then there may be few better places to look than in the vicinity of the Pueblo Viejo mine in Dominican central region.

It is a theory that Everton Resources Inc. is banking on as it prepares to crank up the drill rigs on its Ampliacion concession near the soon-to-be producing Pueblo Viejo mine, which is owned by Canadian gold mining giants Barrick Gold Corp. and Goldcorp, stockhouse.com said.

Ottawa-based Everton has a basket of properties that are scattered around the Dominican Republic. But in the next few months, the web site pointed out, the company will be focusing heavily on concessions that are located within spitting distance of the Barrick-operated Pueblo Viejo mine.

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COMMENTS
12 comment(s)
Written by: matador, 26 Feb 2011 9:12 AM
From: United States, www.brugal-ron.com/home.php
theres go our resources, leave DR alone.
Written by: Grosero, 26 Feb 2011 10:27 AM
From: United States
there goes the water
Written by: WalterPolo, 26 Feb 2011 10:50 AM
From: Dominican Republic, Puerto Plata
If the Dominican State receives market value royalties and considerations, then the damages are mitigated.

Historically, though, those resources have been given away for a fistful of dollars..to a politikero.
Written by: WalterPolo, 26 Feb 2011 11:10 AM
From: Dominican Republic, Puerto Plata
AC

Good news to whom?

Are you a stockholder in Everton?
Written by: martin, 26 Feb 2011 11:14 AM
From: United States, boston to S.P.M 23
Another river destroyer
Written by: nashvette, 26 Feb 2011 1:58 PM
From: United States
There it comes another big earthquake.
Written by: nashvette, 26 Feb 2011 2:04 PM
From: United States
The Gold in the Dr is like the oil in the middle east with the difference the arabs are richer than the Dominicans,the gold mine has produce lot of gold for years and the benefit of it does not reflect in the Dominican citizens otherwise they would not have to migrate to other countries they should be wealthier.
Written by: bigdaddy, 26 Feb 2011 5:21 PM
From: United States
Very few gold exploration studies result in the discovery of economical viable deposits ... The big companies minimum for exploration is one million ounces of proven reserves ... Driling is high risk and cost intensive at $200 per meter ... Exploration itself has negligae environmental impact and pumps dollars into rural economies ... Reality is Jamie David looses exlotaion and al permits for new metallic mines are paralysed so reality is exploration by these companies is relatively positive for DR
Written by: ArielFornari, 27 Feb 2011 2:47 PM
From: Dominican Republic
The planetary elites' reckless and wanton disdain of the environment, under the proud guardianship of such godfathers as Bill Clinton and others who hold hands with the menagerie of Barrick Gold and company in pompous social events, continue to spout their canned propaganda intended to brainwash the thinking people of the world. The Barrick Gold/Goldcorp criminal tandem is known worldwide to self-righteously deny their abuses, such as rapes in the Porgera operation in New Guinea, and human rights violations in Central America. In D.R. Barrick Gold/Goldcorp are already responsible for labor unrests which have caused at least one death. Last year's environmental incident in Pueblo Viejo was whitewashed by BG's PR apparatus, which was scientifically refuted by the UASD and the D.R. Academy of Sciences. Canada's mining and extractive companies have been blackballed for decades for their gross violations of human rights, going back to the Talisman Energy case in Sudan's civil war.
Written by: ArielFornari, 27 Feb 2011 3:00 PM
From: Dominican Republic
The systematic environmental rape by transnational mining companies which occurs in most underdeveloped countries such as Dominican Republic, is only possible due to the neocolonial relationship that these countries maintain with the developed world. Only in countries with progressive governments which have nationalized their natural resources in order to protect them, and maintain complete jurisdiction over their national territories, it is where environmental disasters and systematic violations of human rights can be prevented. Barrick Gold operates as a state within a state in D.R. sanctioned by its present neocolonial contract with the Dominican state. Thus, underdeveloped countries have de facto surrendered their national sovereignty over the territories in which these neocolonial mining operations function. Everton's operations should not be expected to be any different than the present criminal operations of Barrick Gold/Goldcorp at Cotui. :-)
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